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tv   Cavuto Coast to Coast  FOX Business  March 26, 2019 12:00pm-2:00pm EDT

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good. i think money coming back in. losing a little bit of air. stuart: the mainstay of our show the president taking gloves off having a to at media and going at the democrats who called him nasty names. neil, it is yours. >> no, i think the mainstay is dobbs and you doing cocoon. the granted a administration, what that was like. that was a precious moment. thank you very much for that, stuart. we have other items to get through, not necessarily reminisce. we're inverted yield curve, 3 month giving a little more yield on the 10-year note. that is nothing new. one thing to avoid the markets, with the mueller probe apparently out of way, other things to worry about, not worry about. we have strength in energy and technology issues. consumer confidence did decline in the latest month.
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that is some of the strength the market took out earlier. building permits decline ad bit. upside at the slower rate than earlier forecast. this tug-of-war going on. much economies abroad are still in a slow down. i'm neil cavuto. my thanks for connell mcshane filling me in yesterday, on jury duty. i am happy to do it. was happy to do it. looking at something that could set the stage for legislative priorities for the administration. the president will head off to capitol hill with the senate policy lunch. presumably he meets with senate republicans, no doubt extolling the fact we have a mueller report behind us. let's focus on things we can get done in the interim. let's go to senior capitol hill producer chad pergram, what happens next. what do you think, chad? >> this is to buck up the senate republicans. a bit of a victory lap. there is procedural vote in the
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senate to try to start debate on the green new deal. this is effort by senate majority leader mitch mcconnell who want to portray those who want to run against president trump in 2020 being too radical if they support it, if they don't support it, the idea itself is -- they will not get the measure on the floor. most democrats will vote present, not take the bait here. the problem is in the house of representatives where democrats are trying to focus on policy now you know, there might be a little bit of a gift here for the democrats, they ran on health care, they ran on the bread and butter issues. there is a reason they have the house. they didn't run against president trump per se in the 20 to midterms. they're rolling out a plan to try to protect health care. they ran on health care in the midterms. the administration says, wait a minute, we'll file suit to try to undo obamacare for very last time. that may step on the president's message, he was in his words exonerated by special counsel
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robert mueller. that is what is at work right now. i spoke last night with jerry nadler. he is the chair of the senate judiciary committee. he is taking the lead on a lot of investigations and probes and i asked him if the public might perceive they are overplaying their hand, that they are pushing too far. it is sour grapes if democrats continue to pursue these investigations while the mueller probe basically said the president didn't do anything wrong? jerry nadler said, not if we do it right. democrats keep reasserting they have oversight responsibilities. they want to see the mueller report and backup documentation. see if it squares with what attorney general william barr sent to capitol hill sunday afternoon. but, again that is going to be a competing interest, stay focused on policy agenda while they are wrestling with the outcome is of the mueller report. neil: wonder if attorney general barr, some democrats make a leap interpreting the mueller report, there wasn't enough there there
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to go after the president on obstruction of justice. wasn't exonerated fully on that account, wouldn't barr, wouldn't mueller come out with a statement clarifying that and either correcting the attorney general or just issuing that aspect of the report to clarify? >> well he kind of punted all the way to the attorney general. keep in mind, neil, how the statute changed. when you had ken starr, who was the independent counsel that investigated clinton, whitewater, monica lewinsky, back in the late 1990s. he was just that, he was independent counsel. in 1999, the congress changed the law, special counsel, different term under aegis of the justice department. in some respects it is barr's call, not mueller's. neil: thank you. markets digesting this, back and forth on this for now up 175.75
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points. the wait is on to get the report. that democrats and republicans can seize on it. coupled with the economy and there will be a lot to digest straight ahead. with charlie gasparino, phil wegman and holly turner. holly, that was my point earlier with chad. if for example, bob mueller found it offensive or attorney general gotten a key finding wrong, by now we would have corrected him. he has not. what do you make of that? >> i think mueller definitely deferred over to attorney general barr. he said, hey, this is going to be your call. a lot of people think he should made that call so we could have this all wrapped up. but he let the attorney general make that call. whether this report is having a big impact on the markets i don't know. there is a lot happening in europe and asia now dragging our market down as well. the main thing we need to come out of this really all agreeing
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on the president is clear. he is not a criminal. most investigated man in the country and at this point he can say the most trustworthy elected official in this nation. so i don't think that report coming out in full is going to have any further effect on the market than maybe it already has. neil: charlie gasparino, markets abhor uncertainty, at least this report is out, it's done, let's move on. there is that relief i guess of that. where do you see this going? >> there was a relief rally. no doubt yesterday, net-net bad news coming out of, bad global economic news. market was kind of flat today. it's up. i think this is relief rally. here is what i would say, neil, before our colleagues are taking a lot of victory laps pointing out to the mainstream media they got it wrong, they got it wrong. they did get the collusion wrong, did get the obstruction stuff. you and i were mostly right, collusion is almost impossible case. evidence didn't seem like it is there. obstruction is very difficult. there is one place people have
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to watch out. that is why i would stop the victory laps and pointing fingers. mueller may have referred stuff which he probably has stuff to the southern district. that donald trump's personal business dealings. there is no doubt that michael cohen gave up stuff on that. that is a threat to donald trump and his presidency if they find tax fraud, insurance fraud, all the stuff you heard cohen talk about. i'm not saying those are easy cases. they are extremely difficult cases something to take in mind when you're taking victory happens on mainstream media getting all this wrong. that is a threat to donald trump. he knows it. donald trump has been advised by people, friends of his, that is where the big stuff could come from. it is southern district of new york. neil: everyone from chris christie and others have warned about that. barring what might come out on that front, a couple other district courts, weighing on similar matters in virginia, district of columbia, elsewhere, for now much of the mueller probe fears have eased at least
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for the white house. the president will be up on capitol hill today obviously discussing an agenda what they do now going forward but we're knee deep in already 2020 throes of politics. is anything realistically going to get done? >> i don't think as far as policy goes the democrats are going to want to give this president a victory moving forward and i think this president right now, president trump is clearly enjoying the victory lap. the one thing we all need to realize the show here isn't over. although the report has been brought to the attorney general we're at intermission right now because republicans they want to know what kind of activity the fisa courts were involved in, the doj, the fbi. democrats, they still have questions about obstruction of justice. if you listen to the voices from the left and the right it is clear this isn't over. so as soon as the report becomes public and perhaps some of the documents surrounding the report i think that is when you can move on eventually the drama can end but i don't think this drama
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will end. >> markets like gridlock. i will say this, neil, competing narratives who is more guilty, comey, mueller, whatever, trump, hillary, that's gridlock. markets they generally like that. then they trade off policy. they will trade off china as we've been reporting on your show. if they get a good china deal. there may be a pop in the markets. i don't know how much. some in the administration think 2,000 points in the dow. then policy will matter. the trump administration infused the economy with lower taxes, you know, decent, a lot less regulation. it is just hanging chad of trade, you know, you could see a scenario where the markets move up, the economy actually muddles along at decent growth pace right now. neil: holly, the irony will be we returned to basics in the election, it is about the economy, good or ill, stupid, there is this concern with so-called yield curve. i vowed i wouldn't keep repeating that term but it does
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worry some folks, holly, that maybe the setup for the 2020 election is such that the president might be facing some serious headwinds on that front? what do you think? what do people tell you? >> it's a serious concern. one the president is taking very seriously. he is focused on the market. he watches it daily. he cares about that. that should provide some relief to the country, that something that he is watching very closely. he wants the market to do well. he is trying to balance this trade policy and this negotiation to make sure we get that done in time to make sure that the markets remain stable and even increase as we go into 2020. neil: what worries me, phil, addressing your point, getting anything in this environment, democrats were caucusing with each other on saturday before we got the report out later in the weekend. republicans caucusing, not the right term, republicans meeting with the president few minutes up on capitol hill, each side
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meets just with its own side. that is usually a prescription for nothing getting done because they're not talking to the other side. so what can we envision here? >> i think what will happen, both sides, we'll see messaging bills with the vote on the senate in the green new deal. we'll see democrats provide other messaging bills in the house. but on big substantive things i don't think suddenly you will have come-to-jesus moment with republicans and democrats putting aside partisanship. what they saw, both sides dug in to such extremes to really say the other side has done irreparable damage to the country. so any hope for bipartisanship will happen. look at president's rhetoric right now. the president is saying democrats have done significant harm. no one is saying quiet right now. that prodoesn't provide opportunity for consensus. >> i would say you don't need democrats for one thing he needs to get done is trade. look at economy, if there is one
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drag on the economy, it is these insane tariffs. not on china, necessarily, but everybody else. they put a drag on the copy. the numbers are clear on that, combine tariffs, no china deal, weakening global economy. you know why the yield curve is inverting that is big trouble for donald trump. i don't care what anybody says. neil: thank you all very much. the initiative the republicans are leading. it began with the justice department, extending to the entire white house. not just change obamacare, but shelf it entirely, junk it. what happens to millions that signed up for it? could it come back to the bite the grand ol' party? after this. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform.
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neil: all right. we're getting some news out of the faa saying it will tell a congressional panel next week, acting administrator will tighten up how it goes about policing ultimately approving various plane models including by inference there this 737 max plane. it is not saying that it dropped the ball here but it will have tighter technical standards and data that will be shared with others so that everyone can feel safe of what is ultimately approved by the faa will be safe to fly. boeing barely moving on any of these developments. keep you posted. keep you posted what remains inverted yield curve where you get more bang for your buck investing for three months than you do for 10 years. that phenomenon sometimes sets off recessions. in fact, since the 1970s, it has every single one of them. so the fact that it is mitigated somewhat today, but still exists today, has some folks wondering how the dow could be up today?
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people's united bank cio john treanor and ben phillips. ben what do you make of that, that this persists, yet markets at least today, dismissing it or not obsessed about it? is this mueller relief rally or how would you characterize it? >> people are looking maybe 98 long-term capital management scenario where you had the brief inversion, if you look august 2006, we had brief inversion, sorry, march 2006, it wasn't until three years later the market bottomed. recession didn't start until two years later. maybe it's a false indicator. fed is so accommodative, that the global system put so many liquidity in that the stats are just distorted. neil: john, one of the things you notice right now we're dealing with record low interest rates in places like germany, they're negative interest rates. you want to put the money away, you have to essentially pay for
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the privilege so i'm just wondering what the globe is telling us? we are a strong market a good flight to capital, if you don't have other markets doing well, that's a problem, isn't it? >> well the global environment is absolutely a problem. as we just, we just heard, we think some of those problems are probably distorting the u.s., the u.s. yield curve. you have got people getting zero rates of return in germany. they're coming over, buying the u.s. 10-year. so that is probably pushing our rates down. so that could be distorting the u.s. yield curve but you know, i've been, i was making a big presentation in boston this morning where i showed people this morning the yield curve is one of the important indicators we look at. when it inverts you need to pay attention. you need to understand there are global factors going on right now probably making this, you know, as ben just said, probably, a false indicator right now. take a look at credit spreads.
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credit spreads haven't widened. look what is rallying in the stock market today, tech and financials. you don't buy those stocks if you think we're having recession. neil: that is over long period of time. i don't know what the magic time period is, but i do wonder, ben, if this were to continue, let's say for another week, would that worry you? in other words, is there a time frame historically we look at, if it goes on for x number of days, you should take note? >> no. i think it's a lot longer than a week, i'm sorry. if we see persistent, sustained inversion here, that is when we get concerned and it is meaningful. right now it is kind of a flat. it is not quite a major inversion. so if we see a real move, i think the global market is distorted. talking about negative rates in europe, that is distortion right there. the fed has switched, they have done a u-turn from tightening back to easing now. now we're at the point in the
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cycle where we should be at the top. i'm not fighting the fed. we believe we're going higher. we were more cautious beginning of the year if you recall. neil: john, wondering about leaving world out of it, easier said than done, mixed read on housing, certainly not in recession. it has slowed, reversed earlier gains. consumer confidence declined, maybe. it is still up in aggregate at strong levels. bidding permits declined, not as much as some thought. we're well off the highs. doesn't mean we're tumbling into lows here. how do you assess how we're doing? >> your point about consumer confidence is very important because if you think about the growth that we've seen it really has been a consumer led recovery. one thing we're focused on though, employment is still strong. wages are increasing unemployment is down. if consumer has job they're
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confident in, they get wage increases they will increase spending. we believe the consumer will continue to drive the economy. we would love to see business capital spending pick up. but in the political environment we're seeing right now, i know a lot of businesses are sitting on their hands, we would love to see the capital spending increase that would tell us we're on the right path to increasing economy going forward neil: fingers crossed, whatever appendage you might want to use, gentlemen, thank you very much. we're getting news out of apple, it addressed a problem with people trying to download the news app it, was freezing on them. it was not working at all. apple says it fixed it. that is the news from apple, after this.
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reporter: welcome back to "cavuto: coast to coast." i'm gerri willis from the floor of the new york stock exchange. here is a change of pace for the week. rally, the dow is up 117 points. nasdaq composite up 51, the
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s&p 500 up 16. traders say investors are reassessing last week's yield curve panic. goldman sachs says the inversion isn't as bad as in past recessions. the treasury yield on pace for the first gain in three days. meanwhile it is full-on rally for tech giants with apple shares leading the way. after apple's major announcements, three lifted their price targets. after selling on the news, traders today buying on the dip. apple news also down as neil just said. housing stocks slipping on weak construction data. kb homes weakest performer. oil prices hit 60 bucks a barrel, up 2%. conocophillips up 3 1/2%. neil, back to you. neil: gerry, thank you very much. gerri willis. again apple making news on the news app crashing on the app launch. it has since been corrected
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we're told. hillary vaughn with the very latest. hey, hillary. reporter: neil that problem has been fixed but we don't know what the problem exactly was a hiccup following the rollout of their new subscription service apple news plus. yesterday's announcement lack ad lot of important details like pricing and timing for some of the services it announced but it didn't hack star power. the event looked a lot more like a hollywood red carpet than a major tech company event with guest appearance from reese witherspoon, jennifer aniston, steve carell and oprah winfrey announcing her new book club. apple making a pitch in the streaming world dominated by netflix, hulu, amazon, saying their close hollywood collaboration will make them the destination for high quality content, setting them apart from their rivals but people didn't get to see much what directors like steven spielberg and
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j.j. abrams and others had been working on. just a quick sizzle real from each show, giving a glimpse what could be in the works but no release dates and no price point how much it will cost users to subscribe to the new streaming service to get to see all these original shows. neil? neil: hillary, thank you very much. let's get a read on all this how big of a deal. russ is tech extraordinary. apple maybe addressed some of these problems. what do you think? >> -- apple for a very long time. it is their services business has always been lacking. it is where amazon succeeded. where all the competitors are succeeding. finally they're really going hard into it. i'm not surprised it dip ad bit on the news itself but the fact it is buying back people are confident, this is new business they're really diving into harder and there is a lot of long-term success for them. neil: it may disavow people of the notion they were trying to become another netflix. they're not quite that. how would you describe what
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they're doing? >> it is hard to say. they were very vague, specifically about the tv offering. neil: right. >> i was expecting them to bundle everything the way amazon prime does, really good offering, with shipping and streaming. they're offering separate discrete services. we don't know how much it will cost. they barely showed any of the shows. a lot is very up in the air. for me, more of an indication what their overarching plans are for the services side. hey, they make a ton of revenue for these things, for games, tv, all the new services. that is a good sign for the overall health of the economy. neil: finish that thought. >> i was going to say, for actual quality of the shows, whether something you need to subscribe to, we'll not know for several months. probably september would be the soonest. neil: obviously they have the weaponry, too, if you think about it. they have devices that would marry well with itunes. >> they have the money. they have the oprah money. neil: they have the oprah money
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and blessing. that makes a big difference, i grant you. sometimes you can launch things without being ready. the collapse of this news app might be an early sign of that they weren't prepared for the onslaught with people downloading this. i got impression when they were launching this yesterday, they weren't ready. they wanted yesterday to be the day. maybe that was only day they could get stars together in one room. what do you make of that? >> it seemed a little bit rushed. i'm not totally shocked. if you ever try to download software the day it releases it invariably breaks. i was not shocked it went down. that is not a great sign to get people to spend 10 bucks a month, you need the service to work. that is how it works. neil: it could also be i think this is very popular and i want in on it. >> i don't know that was their intention. neil: i hear you. what do you think about the raging debate how you describe apple any identified it with some of these shifts as a media company now.
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what about you? >> i think they're slowly shifting being both media company, technology company. i think they made a ton of money on technology side, obviously. as they grow into more services business, that is going to be their main, that is their long term revenue income, will come from service is, because it is guaranteed. they don't need to put out iphone every year or two years. make sure they make the bulk of the revenue. they want it all to come from the services stuff. where amazon, google, all the companies make their money. i think long term you will see them shift away from technology, more towards this sort of stuff. neil: you know, maybe i overemphasized companies when they issue their guidance for future quarters but i did notice, russ, almost to a company, a lot of big tech names have been pretty conservative in the outlook. for example, the quarter we're reporting soon. maybe there is a sign that they are hedging their bets, or they want to come out of the gate thinking you know, investors
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thinking they will miss something, when they mildly beat a ratcheted down estimate. what do you think? >> yeah i think people are hedging is a food way to put it. these are obviously turbulent times. tech companies in particular are turbulent by default. i think they would rather be more cautious, than go gung-ho with it, and guarranty certain earnings they won't reap. neil: russ, good to see you,. >> thank you, neil. neil: we have a lot more to report on. president is a little bit late. maybe the plan is to be fashionably late. he can afford to do that he is heading over to the capitol for the policy lunch later on today. he will be meeting we're told on trade issues, talking only to the republicans. the senate side, talking only to republicans. democrats for example, on the mueller report this weekend were caucusing only with fellow democrats. each side doing very effective job of talking to themselves.
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neil: we're waiting for the president to leave the white house to arrive at capitol hill. he is not hate. i was early. we're waiting on that. then later on he will also be meeting with republicans concerning the latest trade initiative, one largely with mexicans and canadians. that is coming up later on today. both groupings, republicans only. if that rings a bell it should because some of the meetings post-mueller report, strategizing democrats to see where they go. we'll see a lot more of this. the administration is asking the courts to just overturn obamacare. blake burman.
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reporter: trump administration is arguing last couple days, with the mueller report, that they say gave them told vindication. they are employing people on capitol hill to do just that. president trump is heading up to capitol hill to meet with senate republicans, have lunch with them. one. issues seemingly popped up yet again is health care as just yesterday the, department of justice announced that it believes that the affordable care act should be struck down in its entirety. this is a shift under the new attorney general bill barr, a stance that the doj had not taken under the old attorney general jeff sessions. so that's the stance now with the doj. this afternoon we're also expected to hear from house democrats, some new legislation that they will unveil, that will protect the affordable care act, obamacare, of course, as it has been come to known. it is an interesting time for this issue to be taken up yet again especially for republicans
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because in the 2018 midterms the number one issue that voters cared about, not the mueller report, was about health care. 27% of the people, one in four, and when you dig deeper into that number, three in four democrats, it was their top issue. what will likely happen here, neil, you will hear democrats say again, see, republicans want to end the affordable care act, they want to gut obamacare. they do not want to protect preexisting conditions. however republicans and especially over here at the white house say that's not so. watch here. >> they say one thing and they do another. they say they're going to protect preexisting conditions as a benefit, preexisting condition as a benefit, then they go to court to strip it. >> we have to make sure that preexisting conditions are protected but this president's budget does that the bill he supports does that. reporter: so the president headed up to the hill in a bit. actually, i can hear the helicopters circling above.
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that is normally pretty good indication he will set out. after that he makes his way to the white house at 3:00 hour with a meeting on trade. i'm told this is the specific to the usmca deal that congress has to ratify, when you talk about the issues going forward, trade of course is going to be one of those, especially the usmca, whether or not folks on hill if i have it a thumbs up or not. neil: we forget it is not approved yet. blake on latest developments from the white house. dan henninger joins us from the "wall street jornal." dan, playing around with obamacare here, health care was a much bigger issue than republicans expected in the midterms. how do they play this one? >> well, that is pour them to figure out. it became a bigger issue in the midterm elections because the republicans said they were going to fix obamacare. that was the center of their agenda. they did not fix obamacare. so it rolled forward.
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premiums have risen. it is a very expensive insurance plan and it is not fixed so it was a big issue in the midterm elections. i suspect that, it could be a big issue in the 2020 elections. it sounds as though the democrats are going to make it an issue. the democrats after the mueller report are trying to figure out what exactly their party should represent, what things they should focus on. nancy pelosi's remarks suggested health care will move towards the center of the table for them. neil: she might want that but right now they're focusing on the mueller report. they want to read it. they want it released. i was thinking given the fact they don't like the attorney general's characterization of, of that report but if there were problems with that characterization, wouldn't mueller himself have pointed it out by now? >> yeah, i think so. or there would have been leaks out of the mueller team of one sort or another, that the attorney general had gone off
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the rails and diverted from the core of their findings. there have been no such leaks. just as there were know leaks -- neil: obstruction of justice thing, whether the president got a pass or not. >> there has been some reporting now that mueller told barr a while ago, a couple weeks ago, that he was going to come out, equivocate on the obstruction charge to leave it to the attorney general. i think the democrats and the left are on very weak ground trying to undermined the credibility of bill barr. he hasn't done anything really to compromise his own credibility. he is the attorney general. he was tasked with making this decision. he has done it. i suspect most of the american people are willing to accept that and move on. the big question, will the democrats move on or will they insist on elevating this obstruction issue as a demand the public release of the mueller report? neil: they're basing it on writings barr had a long time
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ago, bemoaning the case for, obstruction case against a sitting president of the united states and they had their ah-ha moment here. the back and forth just seems to dig a grave for them, doesn't it? >> it sounds like they're digging deep into a hole. look, the overwhelmingly primary issue in front of the american people last two years, was whether the president or his campaign team colluded with the russians. that was just overwhelmingly what people wanted the answer to. the obstruction issue was always a sideshow. there were some legal elements involved there but it never achieved the importance of the collusion issue. that, we, i think we can conclude has been settled. there was no collusion. for the democrats to take a minor issue of obstruction to try to elevate it, suggests that they think there is some residual antipathy towards the president out there in the public at large, that will respond to this. and be moved against the
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president. i myself, neil, don't see it at this point. i think most of the american people want to move away from the mueller investigation, away from the collusion story, set obstruction aside, move on with more substantive issues. as i've been saying, the democrats have to figure out what are they going to run on substantively? neil: they will run on whatever the second circuit is doing or federal court in virginia is doing or the washington, d.c. i'm not minimizing any of those ongoing investigations that are looking into everything from campaign finance to business dealings of donald trump that go back decades, but it isn't collusion. where does this go, what risk do they have, pursuing matters yet to be decided? >> we're a long way from the 2020 election and there is a lot of things going on. they have to get through their heads that donald trump is the president of the united states and they don't like it but he wakes up every day conducts the
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business of the people of the united states. he does foreign policy so when he runs, he is going to be running as the president, not just donald trump from queens, new york, and you have to bear in mind as well, he is the incumbent and history shows incumbent presidents if they're running with a strong economy do get reelected. neil: do you think it will still be a strong economy? >> i think, whether it is -- neil: strong enough? >> it probably has to be in recession for them to have a chance of defeating an incumbent. they have to come up with some strong arguments against the trump presidency, not merely the personality of donald j. trump. one big question here, the president has wind at his back with victory in the mueller report. will he revert to form, to on retribution tour denouncing all the democrats? i think possibly some of these investigations of people like jerry nadler, house judiciary committee are going to launch, are intended to enrage trump,
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get him to strike out again and legitimatize those investigations. at this point i don't think they have much legitimacy. neil: republicans are playing that game too. lindsey graham wants to get an investigation how this investigation got started. >> the opportunity is for donald trump to be presidential. the american people were standing out there waiting for this judgment t has been rendered. i think they're about to look to the president to see whether he will go forward the next two years doing things he was elected to do or whether get into catfights with democrats on capitol hill. neil: dan, always good seeing you, my friend, thank you very much. >> good to be with you, neil. neil: mean time there is an issue of trade. you get a trade deal going as we were discussing earlier, maybe all bets are off, partisan political battles take a back seat the day the trade deal is announced. after this.
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who we are as people and making everybody feel welcome. ordering custom ink t-shirts has been a really smart decision for our business. - [narrator] custom ink has hundreds of products and free shipping. upload your logo or start your design today at customink.com. neil: all right. lyft right now is pricing its shares for it is big offering, a range of 62 and $68. remember when they were first bouncing this around, i can remember something in the 40s. they addressed number of shares they were going to have, 62 to 68.
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obviously buoyed by a market they believe will receive their shares robustly. drop in auto sales. some auto execses are talking about impact of tariffs on them. keep in mind government down pay tariffs, average folks do. tom is here. thanks for coming. >> neil, thanks for having me. looking forward to speaking with you today. neil: same here. people forget that, right? we can talk about the impact it has on foreign automakers but the immediate impact is on domestic buyers. what impact if any have you felt thus far? >> so far tariffs had more impact at the suppliers. subaru we buy all the steel locally in the united states. group effect from the suppliers is having an impact, particularly on the margins. our margins are being impacted. we can't necessarily pass these costs through. neil: obviously that has been relayed to the powers that be. the president deserves maybe shuns on issue, because in the
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end, everyone will be a winner. china will start behaving. foreign automakers will start behaving, not trying to ding us. what is your sense of that? >> this issue is so important for me and for the auto industry in general. that is why i'm here. i took the day out. so i could speak to congresspeople and u.s. senators about this issue. it is something we really have to address to come to a conclusion on these tariffs. it is not good for the economy. you talked earlier about keeping the economy going, weakness in the auto industry. if the tariffs push their way through the system, looking potentially at significant increases in costs. neil: the president comes back on this, look, we're just fighting with fire. we have been tariffed up the wazoo over last few years. we're just fighting a good fight to make sure that stops. hopefully they will ease up. what do you say to that? >> we have to make sure the tariffs don't have that big of an impact on consumers. the tariffs, way they're
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structured or could be structured could have significant impact. for example, we could see prices of vehicles increasing anywhere from 5000 to $7,000 on the high-end. what will that do to monthly payment? probably had another $125 to a monthly payment. already the average monthly payment is $550. you're looking 675, $700 payment, almost as much as somebody's mortgage. neil: the original issue we are going after your company, subaru and others, was on this 232 issue, where it's a national security issue. and that this is something with a very, our whole security as a nation is at stake. i'm talking about a subaru outback, i don't see that as a national security threat but what are your thoughts on that? because once that was used as a means by which you would extract concessions all bets were off? >> obviously the auto industry, particularly the manufacturing
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that we're doing here in the united states is not a national security. in fact you could say the national security of the united states is actually enhanced because of all the r&d and research and development we're doing on sophisticated technologies such as autonomous driving that is occurring. so i'm not sure that's an argument that holds water. neil: that is the one that was used, right? i'm just wondering if it is an argument they continue to use, if we don't get a deal quickly that is one that could hang out there a while. could be fought in courts i guess it is, it won't be resolved quickly on that front? >> probably not but we have to make sure, staying twice as competitive, we want to make sure the economy is going. we have a good thing going right now. we don't want to weaken the industry, all the employment in the industry as the costs work through the system, the tariffs are a tax. somebody is paying for it. manufacturers are paying for it, customers are paying for it, suppliers are. this issue has to be resolved.
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neil: tom, thank you very much. tom doll, subaru of america ceo. as he indicated governments don't pick up the cost, you do. whether you're prepared for that or not, after this. ..
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it's simply a matter of following the signs. they all lead here. cme group - how the world advances. neil: we are told the president just left the white house beauties going to attend the republican policy lunch on the left side of your screen on capitol hill. republican senators joining for that. later today meeting with republicans again, pretty much on the republicans at the white house regarding trade initiatives and the like. a lot of the party back and forth on how to handle those post-mueller political world on whether the president will take up the to relax or focus on policy or maybe do a little bit of both. he's obviously wanting to remind people that democrats won't let go, and that they went a little
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too far, they should apologize. they're not going to do that. the atmosphere has changed. what are you hearing? >> absolutely. the president will take a big jury lap. republicans are very stressed about the thing to come out of the undeniable win for the president. trump has no problem talking about is wayne. this is that the president wants to be talking about is lindsey graham told us yesterday, this is a cloud cleared over the presidents had been lindsey graham says this is the most powerful trump has been any time in his presidency and i imagine present on train travel be talking about that. trade do i do wonder whether you could overplay your hand. very zealous on going after the attorney general and may be misinterpreting, you know, mueller's report when it comes to obstruction of justice. i would've thought mueller and
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barr would've corrected and vitality has been. this back-and-forth doesn't seem like it's going to ease out. what do you think? >> are simply the risk both sides can play their hand printed charm campaign memo to all of these tv networks basically saying here are a list of democrats said there was evidence of collusion. you should not put them on your air because they are not telling the truth. so republicans are doing not like you mentioned democrats are questioning attorney general bill barr and what his assumption of that summary is they could be risky and not although i will say this morning democrats coming out at their meeting in the house will really focus on health care and their agenda and they want to see the full report and talk about the agenda. they made the calculation that it might not be helpful for them right now.
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neil: the president has arrived and has arrived in a street up the republican party will become the justice department moving to abolish the obamacare package, the affordable care act saying that it's failed following up on recommendations for the state of texas, others. took a step further, you've got to have something in its place. right now they do not. is there a political risk in that strategy? >> absolutely. democrats won the house and the 2018 election based a lot on health care. it was a political win. talking about mueller they definitely came out on the short end am not in to see the trump administration coming out and saying they're no longer going to defend obamacare. democrats were able to talk about.this morning and republicans are uncomfortable with it. they understood that hurt them in the election. now 2020 were trump is on the ticket in a whole bunch of republicans will hold onto the
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senate and flip seats in the flip seats in the house and this will make it harder. neil: always good catching up. thank you very much for the president on capitol hill meeting with republican leaders in the senate trying to see where we go from here with the mueller probe getting resolved here. karl rove with us now. this is a tremendous weight off the presidents back and it's no exaggeration. the president then has to go leap from that to presumably address health care in these other issues. how do you think this is all going to go? >> we don't know. this is a huge victory for them in a relieved him of an enormous way. the democrats i think we'll try and overplay it. one thing to walk out in favor on health care. another theme to stop
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representative leaves and nadler, representative schiff, representative cummings and the whole cast of characters saying we need to investigate more all the way to need to impeach him. they have a chance to overplay and the question is how is the president going to play it and he's got some advantages here in the yacht to take advantage of some of the strengths the sky. for example you've got the attorney general and the fbi director and the inspector general and department of justice are investigating the abuses that led to this investigation and he's got lindsey graham yesterday made it clear he's going to get to the bottom publicly of the major issues the president is concerned about with fisa abuses and how did this come about in their behavior at the top of the fbi. so he's got a lot going for him going forward unwrapping the solid for the question is he going to be focused on his agenda in the 2020 presidential election. trade with the serve no other
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purpose, republicans were united to begin with in thinking that the president was the monthly witchhunt here. i'm sure this is sort of short up his base and beyond. as i presented possibility of anyone challenging him, the only one cause i officially out there saying he's up for a party site. anyone else? >> no common factors really would miss the chance of a serious primary challenge. there's going to be a primary challenge in all likelihood, but you needed to have lots of bad news come out of the mueller report and that didn't happen. so we may have a ton quixote like after. the actions of this we can remove any serious challenge. neil: the president might respond to reporters. >> still talking -- >> i don't think they're talking about impeachment. we have the greatest economy we've ever had.
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where it is proving very strongly. no obstruction, no nothing. we are doing so well. we never had a time of prosperity like this. >> the people -- [inaudible] >> i think it was very high yet. i don't believe our country should allow this ever to happen again. this will never happen again. we cannot let it ever happen again. but with instruction from the high up, they should never have been a president again. we can't allow that.
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[inaudible] >> i do want to say that but i think you know the answer. >> who said what? >> it could not have been better. it said no obstruction, no collusion. it could not have been better. >> the affordable care act is invalid. >> let me just tell you exactly what my messages. the republican party will soon be known as the party of health care. neil: does the president briefly with reporters there, obviously feeling very good and that he doesn't want any other president to go through what has gone through, but make it a comment at the end about the subject of today's presumed meeting about health care and republicans at a party of health care even though the justice department is justice department is late
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enough for her to dissolve obamacare come in the affordable care act as we know it. right now there is nothing in its place so you have to be careful with that. where do you see this going? >> i thought those remarks were great. when he talked about the investigation it was more in sorrow than in anger. he seemed eager to go back to focus on the big things americans care about. the economy and health care. look, that is the way out to be. he's the president. people are now looking to him about recent polls. one sixth appears to be undecided on who they are for president and they're going to be looking at it with fresh eyes saying the possible state of russian collusion is gone. obstruction is gone. so now what are you going to do to help me and my family? that's a good way for the president to emphasize the economy and health care and about new things. we will become known as the party of health care. that's a positive sign. think back to 2012.
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president obama was up 43% reelect. president trump at the latest number i saw was 38. president obama did so by doing three things. he talked about unity and common purpose. he talked after being drugged in the 2010 midterms. talked about some new policy and then he spent a lot of time disqualifying his opponent in the 2012 presidential election. the common purpose and unity. he's talking about new policy. we'll see how well he does on the last one of disqualifying his opponent but it's got plenty of time on that. great that he focused on these things to come together, financers facing our country and start with the economy and health care. neil: thank you my friend. karl rove joining us out of texas. the only thing that could derail the president are they justified? a lot of people make a big deal in yield curves inverting in
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this country that admitting you more for your dell and much longer-term maturity. in other words, it will ultimately be not about scandals and reports and bob mueller, but all about the economy. the president wealth advisors with us now. what you think? are you worried about the economy now given its low interest rates, what's going on in europe, and that gets a lot of peoples attention. what do you think? >> sure. i'm worried a little bit about the following. it does show that some of the pallor if you will of the global economy is beginning to wash up on our shores. i will also say that we've heard it time and time again the ten-year treasury in particular, in fact throughout the globe are distorted. if you consider that the yield today on the ten-year is the same that was at the height of
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the financial crisis, if march 2009 when we learned that we lost 860,000 jobs in february of 2009, that is the same yield we have today and i don't think that economy compares at all to the economy were in right now. neil: we might be doing fine by comparison with the rest of the world, but we need the rest of the world not to be stinky and as much as it does. i'm just wondering how much of a worry that is for you that we are the best game in town by far no doubt, but is not enough to hang our recovery hopes on year to keep it going? >> yeah, that is a great question. i think what we are seeing right now is at least the way investors are playing in it and i can't disagree with as well call a convergence that no longer are we that insulated oasis where we had everything going while everyone else was slipping away. it does seem in general we have
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a global economic convergence going on. if you consider that over the last five years, the s&p 500 has out paced the global stock markets come in the developed world by 45 percentage points in the emerging world by about her to five percentage points. i think what is going on now is investors are beginning to shift out of the u.s. and into international, into emerging to say if there is a convergence let's go with the cheaper alternative. over the last month, $3 billion of flows have gone out of u.s. large caps and into international and emerging market equities. neil: do you see any sign of continues? a lot of people point to ipos that move fast and furious and get price extra generously but that is a sign of fraud? >> would be very curious to see.
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certainly believe ideal was just a go-go deal. we have a long-established company. very serious to see how it goes. the money-losing business in an interesting sector that's not available in the public markets that we will watch that. i am a little worried about corporate debt accumulation, which is unprecedented in the yield spreads the premium that lenders require don't necessarily fully reflects out. for right now, and all the liquidity indicators in the financial stress indicators that would be akin to to say maybe this inverted yield curve is telling us something for real art following through. and that's pretty important. we try to raise those issues out there. any time every time.
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neil: all right, after the impeachment talk is back to the issue. kamala harris unveiling a $315 million plan. this is former president barack obama making sure they can pay for the policies they are proposing to former clinton campaign finance team like rutherford, bush 43 speechwriter here's an interesting thing to make sure you can pay for stuff here. i just wonder if a bill clinton in this environment or even a barack obama in this environment could get nominated at the democratic party as it stands now. what do you think?
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>> i'll address the second first, which is of course if we look at the mid-terms, centrist democrats are the ones who carried the democrats across the finish line to retake the majority. >> it's all the extremist here getting all the buzz. i'll agree with you they are certainly getting a lot of media attention. that is catering to not necessarily wise thought. they are talking about interesting and dynamic. at this point in time. the plan to pay teachers assigned names to a wide swath of the country. they believe teachers are underpaid. they make less money today than they did in 1996. bush is going to do by taxing the ultra- wealthy and then providing states with a match program is something that's going to get a lot of attention,
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especially in both red, purple and blue states. neil: happy she is putting pen to paper and finding out a way to pay for this. the limit on not going forward. do you think republicans have to respond to that or point out there's only so much you get going after the rich. or how do they counter this populist trend. they pulled very well when you talk about these individual initiatives. >> of polls well but when it comes down to it, and they've got independents are the one they want to know how you're going to pay for things. they were okay with that. when she pays for her, or going to close loopholes. that's a vague answer that doesn't really pan out. trying to assert facts on the
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wealthy, doubles in the details. is it your worry here that just taxing the rich are going after the rich to pay for a variety of things, no matter how well they pull, that -- >> we are seeing the ramifications of irresponsible gop tax cut that's exploded the deficit which is only a boon. neil: i wouldn't do it. >> i expected that at the same time. howard schultz presidential campaign could even get off the ground because he was so whiny about taxing the wealthy. i think there's a mechanism here. the country has one of these loopholes closed. neil: will that be enough or does he have a point this could drive? >> the fact that policies asking obama to come talk to the more progressive was spent a lot of money members of the caucus shows a power struggle going on.
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kamala harris is an idealistic member. not knowing how things are done by more seasoned democrats unify the party. neil: she wouldn't be the first to challenge the congressional party. thank you both very, very much. the dow up 123 points. some slowdown in the housing units weigh in on this. we'll get into that after this. can we talk?
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neil: well, overturning the president declaring a merging of the border and subsequent bdo over writing that prove a whole lot trickier. edward lawrence watching with the details. >> the president just arrived as the house is debating to overwrite the first veto of his presidency. the president vetoed the bill would strip him of the ability to divert money for national security reasons in emergency reason to the border to build a border wall. democrats will be about 40 vote
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shy. they need two thirds of the house for the past. >> congress is a separate and coequal branch of government are pursuant to article i of the cost of tuition, we have the power of the purse. that prerogative has been invaded by donald trump. reporter: this is all about funding the border wall while today the acting defense secretary is in front of the armed services committee testifying that yesterday they transferred $1 billion at the direction of the president to build a border wall on the southern border. they wanted to divert the money in part to minimize the impact on the military, saying that they could do more than just $1 billion. >> potentially we could draw $2.5 billion when we look at the total general transfer authority. we think beyond that would be too painful to be able to
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continue to maintain readiness and operations. >> the money was shifted from the army's account. the army is recruitment account. they fail to meet goals by about 6000 soldiers to recruit or the money would've been for salaries, equipment and also medical issues for those troops that they could've gotten which they did. neil: thank you very much my friend. back to britain where i think theresa may has been told to scoot down the bench because parliament wants to take control of this whole process. deirdre bolton what those details. >> 24 hours of members of parliament first easing control of the brexit process from prime minister theresa may. basically lawmakers have all day wednesday to come up with solutions that guide the u.k. in its exit from the e.u. several options.
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and potentially revoked article l. that basically states they have to notify the ec of its intention to withdraw from the e.u. in the past, teresa has made -- may have said she doesn't think it's useful. the house of commons is going to come up with stuff that you will never agree to. she's also trying to be careful not to alienate the conservative right and basically fear what they come up with is not acceptable to either side in her government. ministers have already resigned so businessmen as air, foreign office minister, health minister, business ministers said, and i'm going to quote here, he was stepping down to prevent the government for him, him here, and playing roulette with the lives and livelihoods of the majority of people in the u.k. may forced to abandon her plans to hold a third vote on her deal this week or the u.k. has until
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april 12 to figure it out. basically two years of nightmare and still going strong. talk to you. neil: they cannot get this right. thank you. deirdre bolton i'm all about. we had a lot of mixed news on the housing front here. the existing home sales, new home sales building permits. you can look at the price of homes zero per year, month after month, et cetera. things are slowing in housing to the point that some are wondering about the future of housing and whether it could settle into something worse. senior economic analyst mark camera. what you think? >> that is subtle in the something worse? absolutely. we have a certain age have sorted then shot into trying to compare everything to the financial crisis of a decade ago and are still suffering through those echoes. let's think about the fact that the financial crisis of the next
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iteration of fact, if indeed we ever see one in the next two years will not be anything like that. so let's take that off the table first of all but the growth broadly in the united states. we know this current quarter is somewhere south of 2%. perhaps even close to 1% in the housing market is tracking sort of more slowly than the broader u.s. economy. but if you look at housing activity more broadly right now, it's really hard to find anything tracking above year ago levels. depending on how the recent decline in mortgage interest rate helps to boost in activity i think we probably would restrain our expectations for housing here. neil: i know we have a lot of housing data, but the one i find that beast is a good state of affairs is what happens with home prices and whether the existing homeowners can pass along the increases they want to sell their homes and yet that appreciation has slowed.
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in fact, the slowest pace we've seen going back to september september 2012. recessionary, not meltdown over a son. are you worried by god and how this sort of overhangs? >> very good question. i'm not worried about that because the home price appreciation has been absolutely unsustainable. we see now that some of those red-hot market like seattle and san francisco, my gosh, they are not seeing double-digit home price appreciation on a year-over-year basis. they are now down in the single digits. i'm sure this discussion has been held many times on this program. look at wage growth and recapturing the growth we would've liked to have had earlier in the expansion, but when you have this year-over-year gain on home prices even to the extent that we are now may be settling into 3% annual gain as opposed to four in five plus, we've only been seen average hourly
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earnings gains in the neighborhood of 3% plus other has to be a realignment especially when you think about the fact the wage gains have been predominating among lower income earners. neil: we forget he was running it a decline of 3% to 6% during the meltdown and then some. perspective is everything to your point. mark, thank you. in the meantime, the education secretary of the united states, that the devos on the college admissions particularly looking at these schools. will spell it out next. most pi. flonase.
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neil: onto the college scandal again. education secretary betsy devos is investigating at least eight colleges and who knew what and when. fox news senior judicial analyst of the liberty file. judge andrew napolitano.
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she is looking at these institutions. el, san diego, better for what? >> i guess she's looking to see if senior management to what was going on. because if senior management and looked the other way, then senior management would have violated some of the federal regulations under which the department of education has given money to the schools. a couple of things need to be noted her first term investigation is too early. there's still a criminal investigation going on. prosecutors will not let anyone reveal anything until prosecutions are completed. secondly, when the prosecutors always have a little chip on their shoulder looked at these universities, they said they're not involved in this. are the dems. therefore we are not going to indict any universities. neil: how do they quickly decide
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that? >> i don't know the answer because we haven't seen on the evidence in the case. when you look at the people at the universities to receive the bribes come you're not talking about a president or chancellor's senior vice president. you're not even talking about a head coach. you're talking about an assistant coach or low-level administrator. so the chances that someone who makes policy at the university was aware of this and look the other way. the feds decided are pretty slim. that's what mrs. devos have to find. neil: i want this kid is really good comment letter in the past. the admissions office saying well, the coach said this guy is really good, whatever. >> nobody said the coach must be getting bribed. train to where you think this will go? >> she is looking to claw back scholarship funds. universities got a lot of money.
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it doesn't all come from her or her department. she is looking a scholarship fund that were given to schools. i think her investigation is dead in the water until all the criminal prosecutions are completed. otherwise investigators can get their hands on the right documents and interview the right witnesses because prosecutors won't let them be interviewed until criminal cases are done. train to chicago police panda looks like rahm emmanuel investigating reporters on the transfer case where i guess all the key charges have been dropped. what you make of this? >> this just came out of left field. it's very, very unusual. i originally thought it was some deferred prosecution, which is basically what florida prosecutors offered a craft that they wanted him to admit he had done the criminal act. this deferred prosecution would've meant probation for six months and then will dismiss the charges. that's not what happened. they walked into a public
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courtroom and they were thrown at him without any knowledge whatsoever and agreed to expunge the arrest record meaning he'll be able to answer under oath that he was never arrested when in fact he was. to me there must be politics involved. the chicago police are not happy with this. neil: they had him dead center on this. is that he's been vindicated or whatever. i don't understand. >> at 12 detectives working for a case -- on this case. they had when he was doing all the frauds he committed. they want the local prosecutor decided to throw it out and they want the feds to charge him with mail fraud because he mailed a threatening letter to himself which by the way arrived at fox in chicago and i would be an act of fraud. that's five years. neil: switching gears. i want to pick your brain on the whole molars of, but the president obviously wants to say democrats over played their
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hand. don't republicans risk playing the same overplayed hand by pushing investigations and how all this started. you can go back and forth forever. >> you can always investigate the investigators. as senator graham is interested in reforming fisa. i commend them for that. if he wants to go after everybody who says something evil about the president, there's over 500 people that were interviewed in this case. there will be no end to these investigations. wouldn't it be nice if we could just turn the page? >> we can't. there's an election year purging. can overplay your hand. follow up on jussie smollett thing. they have dropped all charges against jussie smollett. but we don't know is how police have reconciled themselves to that official move on the part of chicago to do so. but again, they're not accepting this happily.
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neil: you are looking at a live in chicago mayor rahm emmanuel are responding to the whitewash of justice, even though the way the charges were dropped, but
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all charges could have landed in prison for quite a few years and apparently there seems to be little consultation with the police authority in chicago. the police chief is furious. the mayor is serious. but it still stands all charges dropped. they're not happy. meanwhile, goldman sachs has a lot of the new services apple is considering will have little in the short run and they're not that enthusiastic about a new digital apple sort of charge card done in conjunction with goldman sachs. essentially they are criticizing themselves. executive editor, good to have you. what did you make of the reaction. >> well of course, the reaction universally among apple watchers was negative yesterday because people just weren't as excited as they expected to be. goldman analyst reaction is particularly interesting in a little bit amusing because i
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guess it is proof that the argument that these investment banks have been making all along that the research side of the banking sites are separate because they really ought to be supporting their own product. neil: i am wondering if not the first time we've seen an investment firm question were another company is going despite it indirectly linked to that entity. this is a little more substantial than that. i get the impression that they were ready for this yesterday, which crashed for a while or furs for a while. i get that. but they weren't ready for that. maybe they had all but -- had to get all the stars together in one place, but it was clumsy in retrospect. >> you know, depends whose standards are judging them by. the big, big news of the day is this new streaming service they announced that it's going to go after netflix and julio and amazon prime and it truly is
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that ready. they said it is going to launch in the fall, which is vague and they release no pricing information. what they did do was more akin to the way movie companies put out trailers many months ahead of time and say look at this exciting movie that's going to be in the theaters even though we can't tell you exactly when. the entertainment industry acts but not the way apple acts with its own products in the past. neil: adam, do you think this is change the look of apple as a media company now. not just a hard word for gadget company is changed. >> well, changing and signaling aspirations to change. goldman analysts really nailed this on the head. even if apple adds billions of dollars in the next few years, several billions of dollars with these new services, you will move the needle for a company that makes hundreds of billions of dollars off of its
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iphone's. i believe they are signaling where they want to go, but they aren't anywhere near there yet. neil: thank you very, very much. you're still seeing a very angry rahm emmanuel and the police chief allover the dropping of all the major charges considering -- concerning jussie smollett. from top to bottom this is not on the level. it is saying it a miscarriage of justice. this is not something we should be proud of, going on to say the decision to drop all charges against the actor represents a light wash of justice. stay with us. i wanted more from my copd medicine... ...that's why i've got the power of 1-2-3 medicines with trelegy.
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benjamin netanyahu is in the fight of his life for now. we have former new york state assemblyman that joins us now from jersey. always good to have you. >> thank you. neil: the prime minister returned, shortened his trip to the united states in light of these attacks. how are things now? >> well, things are quiet but the expectation is that it is not over. i hope it isn't over because, you know, people in israel, you have a family, live in a home, children, 5:30 in the morning a missile comes smashing into your house. that missile was meant to kill everyone in that home. that is exactly what hamas, this terrorist organization, that is what it is all about. so the israeli government, it can't be tit-for-tat. it has to be something stronger. i think you will see a lot more before this phase is over. i can tell you also, the people in israel, having been here a few days, people are so grateful
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to our president, president trump is a superstar. if president trump was running to be prime minister of israel, there wouldn't be an election, that is how popular he is in this country. they are grateful for the support. neil: do we know if there is a cease-fire? in fact i get mixed signals. one israeli official said no. there is no such thing. nor has one been called for. i don't know what is going on, do you? >> the prime minister says there is no cease-fire. i believe you are going to see a lot more attacks from the israeli air force. it is just unconscionable what is going on over here in the middle east. missiles is falling into communities of civilians. men, women and children. people in different parts of this country, shelters have been opened up so they can be in the shelter, god forbid those missiles come flying.
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there have been close to 100 missiles directed to israel. it is unconscionable. this terrorist organization has to be dealt with in a very serious way and neil, you will see that happen more in the next 10 hours. there will be many more attacks from the israeli air force. neil: what do you make of the fact that some 2020 presidential candidates are not attending an israeli aipac conference? you know, they're sending a signal that worries some of the party leadership? are you worried about the signal they're sending? >> i'm very worried. shame on them. shame on the democrats for behaving in this fashion. and isn't it interesting, quite a few candidates on the democratic side. i lost track of how many. how many have spoken out against these attacks by hamas. i think bernie sanders thinks
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everything is okay. he is worried about israel retaliating it, overdoing it. it is shameful what is going on in the democratic party and candidates running for president who are catering to a minority radical part of the democratic party, shame on those democrats. neil: all right, dov, please be safe. great catching up with you. former assemblyman. >> thank you very much, neil. neil: in this case parted with other democrats when it came to this president's handling of israel, standing by israel and particularly benjamin netanyahu when he was here. the prime minister disrupted his visit here to get back to israel closer to home the united states capitol where the president is meeting with republican senators later on. he will be powwowing with key republican congressman on trade issues. this concerns the agenda he thinks republicans should have post the mueller report being released. what republicans have to do right now. you know, the drill.
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he comes out. usually speaks to reporters, at least answers some questions. no doubt my buddy charles payne will take to you that in the next hour. i throw it to him. hey, charles. charles: neil, thank you very much. i appreciate it. good afternoon, everybody, i'm charles payne and this is "making money." markets holding on to gains despite the economic data. a lot of questions about the state of the current u.s. economy. we have analysis for you. president trump stepping up efforts on trade, meeting with capital hill with lawmakers trying to talk about the deal with mexico and canada. people between the china and united states a deal could a deal could be in place in beeks. something special going on. there. we'll to to the lighthouse. a move designed to get the democrat on the record, senator majority leader mitch mcconnell holding a vote this afternoon on the green new deal. wheel have that and much more

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