these burgers had been selling like crazy. and you'll see how it goes tomorrow. coming up next is "bulls & bears". it starts right now. >> a big week for president trumps economic abandonment -- agenda. from the fed rate the president is enrolled in another battle. the city of baltimore today and over the weekend. it's too risky. this is "bulls & bears". i'm consist christina parks.

>> the presidents that tweeted today about the rate cut decision. do you think the latest one is over all of the economic success. >> for the success. baltimore, baltimore. let's face it this kind of irruption in these battles and the president trumps time in the white house. a month from now we will not be talking about that. i think we are getting to continue to see some pretty good news the conversation about baltimore is also about the economy of baltimore and the fact that that city has not done well. and if president trump wants to continue to this. he should point to the fact that liberal democratic policies have hurt them and cap those cities from being healthy communities.

i think everything evolves back into to the same issue. here comes let's make america strong and prosperous. >> when he ran for president. the word racist and racism has gotten so diluted to the point that it's crazy but on the other side it's definitely overshadowing everything. he is not the ceo of trump organization he is the ceo of this country and he is also the leader of the free while -- free world appeared it gets away from the things that are good. the most un- racist thing you can do is adjusted prison reform. >> i kinda disagree i agree

with liz but i disagree on the timeline. i don't agree with you all. this is trump the president. he is been presidential for trump. at this point to ask him to change his lunacy. >> that is the whole point. this overshadowing absolutely not -- absolutely not. 99.9 percent of the voters have voted for trump and they don't care. that did nothing. all along the line he has behaved. it doesn't matter. people care about three things do they have a job are they making money. in the value of their home.

>> the rest of the voters don't care. the president has a good story to tell. >> is the whole point. >> you are saying let trump be trump. you would not accept this kind of behavior for the president of a high school class counsel. i think he is shooting himself in the foot. he has a great economic story to set tell. what about the fed you will get a quarter rate hike. what you think that means for the market you may not offset the trade war.

that is softening at the moment. do you feel like that cut could it offset trade tariff warts that we been seen. >> i think what we are going to see is a middle road where they to cut rates about a quarter of a percentage point and that basically is a signal that they are attentive to what is going on in europe. i think the market will be okay with that. there are signs that the reasons for the slowdown will turn around and you will see better growth in the third and fourth quarters particularly inventories. particularly inventories. inventory. if they go hand-in-hand. i think one thing we should take note of his jobs was a big selling point for the trump campaign but there are a

lot of jobs out there. that does not have the residents that it has four years ago. what i think over shadows of the economic story is the fact that the liberal media does a report on it. case in point income is up 5.4 percent. has anybody seen that number anywhere in the literature, nobody is reporting on it. >> if we landed a man on the moon today the media would report it. we basically know that. they don't know what the heck they're doing. that is all that is going on here. the market has done the job. they will not help the economy but maybe help the markets. decades ago. what they have done is enabled the massive deficits.

the republicans are doing absolutely nothing about it. >> during the campaign the president spoke out against the fed. and i'm with gary. we are seeing seen it worldwide. all throughout europe. a negative harbinger. >> liz talked about the markets and in some positive growth going forward you think we are underestimated that. this is in a way heavily and we could see further volatility? >> i have always thought christina that the trade war is overblown. you are already seen that. instead of importing directly

from china they are outsourcing to vietnam. or, to get around the tariffs i've already read where importers are calling the manufacturing companies and want to shut it down directly. even if it was collected. it was minuscule. we had have the tariffs in place. the bigger deal is that we have all applied -- implied on the panel. the market is just a little. i do agree with liz. i think we get through all of that. the economy will actually be stronger than people think in the next 12 months. >> harris unrevealing her plan. we will tie you how she plans

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>> are medical plan will allow the insured the rules are that they're not going to get that there. there will be no more co-pays. 2020 canada in california senator unveiling details of her medicare for all plan today just before she hits the debate stage. the 2020 front runner has some fighting words for anyone

pushing on the far left healthcare. they don't need to do that. some want to have a real debate. this takes center stage this week. what do you make of this. essentially ending loopholes. is this can work. >> this is something that definitely needs to be debated. how they are skewing from either side. we talked about taxing the rich and that's what they plan to do. that is the 4% tax on a certain segment of the income population but i think there's a lot of unanswered questions with the proposal. she said that private insurers can offer a plan in the medicare system there would be

strict requirements. a lot of the characters in the candidates that were seen are putting out the lofty ideas. you can have another team that goes through the private insurers. how are you going to pay for it. >> they've got the plan. >> more taxes and more regulations. he hasn't worked in the past. you know the answer to that. >> if people want to know. i don't know why they keep thinking think about your dmv. do you have a good experience. you have to get your license and tags anywhere else than your local dmv.

>> this is the greatest organization. and yet we've seen it time and time again when government comes in as a monopoly. it is essentially a government-subsidized monopoly. they don't even have the flood tables up-to-date. they crowded out private student loan. you remember that the mortgage market fannie mae and freddie mac do we have to have any more discussion on that. watch for total inefficiency. just like you've seen the list goes on and on. this time the smarty-pants in washington will get it right. >> they are telling us that they know how to run all of healthcare. that is the amazing part of this equation. just this week.

you have him call for a climate change. now these other deals that are coming out i think the big song for the democrats. my tax is bigger than your tax. they will be fighting each other for how high they are getting go. good to go. it's amazing to listen to these people they have never even won a business. -- run a business. >> we are screwed. we have talked about this before. one of the big roadblocks to all of these plans is all of that union to a worked very hard to get these incredibly expensive and generous health care benefit packages. these plans that are rolling out from all of the candidates now are beginning to sound a lot alike. are they going to parse the difference between the medicare for all in the thread

the needle plan. i think there is a difference with joe biden. i think he can run on making obama care better. i think bernie can run on medicare for all. i think it's kind of a mess. >> it is not just healthcare. harris is also teaming up with aoc on a bill called the climate equity act. hopefully it will bring it closer to reality. what do you make of this. is this the future. watch your wallet. these people have told us there was global pooling. they change the marketing for climate change.

and give me your money. that is all this is about. to think that these people can control hurricanes themselves. with but they do. it's just tiresome. >> why does this sell so much. it seems to me, what they're trying to do is counteract their other argument which is basically all of these programs that they are talking about which raise energy prices are particularly disadvantaging low income americans. it is people without a great deal of money. everything the democrats want to roll out in supposedly helping people is actually really bad for middle-class americans and so i think that's where the equity thing comes from. i think it's really nonsense. >> i know you brought this up before. we never talk about the actual source. whether you agree or not. we need to talk about why the

water levels are rising. why are we hitting record highs for the heat levels. >> there is reasons behind it. that is something that we should be discussing a little bit more so we can say whether or not it is humans that causing all of these things. to say it's not that. >> we have to run but you have to admit christine it's always tax first, ask questions later. >> meet sales are soaring. what is the beef. we will have the full story on the meat substitute right after this. ♪

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>> shares of beyond meet the plant -based burgers dropping after hours. almost 14%. this is following the recent lease release of mixed results. they use their full year 2019 revenue guidance. they also announced a secondary offering for 3.2 million additional shares. investors are signaling a sense of nervousness. as much as 14%.

and sustainability in the long term long-term what do you think? >> let me go back. first of all i think the shares were and a in a drop no matter their earnings. as far as sustainability. i think the category is not a fad. we have have the beyond burger and sausage. i think the category is sustainable. there really is only one other. the impossible burger in supermarkets. others are making sounds. about getting into this category. i don't know who the formulas. and formula is. and it can be replicated.

what is a down 13 or 15%. i might wait in there and buy it. if bottled water consisting for all of these years. certainly vegetarian burgers can. i don't need to go beyond meet. i marvel at it. mankind start. there is no stopping it. we are inventing new food right now. it is a fad when it comes to this stock. it reminds me of the late 1990s. there was literally only half a dozen stocks. most of them lost the premium valuation. the company might succeed 100

times revenues. i think it is a very interesting category of food. it is not necessarily much healthier than eating a regular beef burger i think that will interest in it right now is being told by their dr. here is the problem. i has a has a billion dollars of profits. it loses $30 million. they both had the same market cap. you know what beyond meet owns, beyond meet. if we go into a bearish market this will get slaughtered.

>> people are really changing their eating habits. this is a very wide sloth. it is the same business. see almost 22 percent of u.s. households are buying meat alternatives. and then another thing that were not even talking about is the dairy alternative market. that is actually growing exponentially higher. what is not talking about as much. >> i think jonathan wants to weigh in very quickly. in 1999 we have krispy kreme donuts it went bankrupt not that long later.

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>> it passed the house but now the budget sees significant resistance. it is now one of the vocally opposing the deal. >> i'm appreciative of the fact of the department of

defense. we reduced taxes. you think about your kids and grandkids. the deal does have its supporters. it defends the bill. it is a victory for our national security. they will sleep easier under the protection of the world-class military. jonathan does senator scott had a point or is increasing the deficit worth it to find our security. >> i am just bewildered. we have to end the federal spending spree. they are really in danger of losing that mantle.

it is having restrictive impacts. already as it is. it is one of the reasons why gold is doing so well now. neither the democrats or the republicans want to put any breaks at the federal level. it's not true if anything the budget is falling short. the question i was talking about with liz over the commercial break was a lack of competition. the military could improve. i don't think it really has done so thus far. they pulled out of the missile deal. >> i think it's very hard for americans to get their have around it. over the past decade or two we

had been funding over c moore's there was a raft of articles that came out. they did not have replacement parts available. how we were being jumped by china and the russians. this is worry from -- worrisome for americans. >> i do think there has been a huge amount of money the question is could we be more efficient but isn't that true across all agencies? >> the last year of bill clinton the federal spending was $1.8 trillion. we are doing trillion dollar deficits.

they are going to interested not towards the poor or the down trodden. and people like that who had spent spent a senator for 25 years. there was no heroes. rick scott is a hero. but they are being drowned out by these maniacs that continue to mortgage the future. they should be doing something about spending in deficit when the economy is strong. this thing is gonna skyrocket. look out below. >> let me make a couple of comments. the spiraling debt that we have let's face it. unless someone tackles that you are knocking to make any headway. defense are not defense. it is easy for your senators and congressmen to wrap your hands around it. they talk about the all volunteer army.

we are beeping up. we will have parts for a better navy with the increased spending we will increase world war ii again. >> we are not cannot fight world war ii again. it is to look entirely different. the defense that is for yesterday's more. war. that is the problem. we can get by with this. we need more cyber warriors out there. you are not can do that bazookas. >> that's exactly right. remember this everybody apple touting privacy months ago and now a whistleblower has come forward and turns out whatever

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>> this is kind of shocking. they are calling apple a hypocrite. i whistleblower is now telling the guardian that apples contractors regularly heal -- here confidential details on siri recordings. >> they are responding to thing to thing to do in an effort that it is better understanding the dictation and what you want is it. i have to ask you. is there any reason that we are not being with a slight on the right terminology

everything you do is basically surveillance. i don't think of siri as being quite the alarming thing. we all know that there is some guarding of that material it isn't just completely destroyed upon receipt or whatever. who says anything interesting to siri. >> if you're not asking siri a question i don't think it's recording but maybe i'm wrong. >> here is my take on this. who is being harmed and all of in all of this. the whole privacy issue that ship sailed long ago. if they want to crackdown on facebook, don't use facebook. if you don't want alexis

buying and you don't use it. it is actually made easier by the fact that these companies know about you. >> has an apple made a big deal. and here we head outside contractors saying that they heard someone on siri saying that. >> that's the whole point. >> i have a lot of comments to make. i reached out to apple to try to get comments for this segment. if you say he siri very similar to alexa. you raise your wrist up and it's starts recording. private information.

we prefer convenience. nobody is getting off of there. we saw that with a number of users per month. it is not to change that much. we prefer as humans at this point convenience over it. >> the hypocrisy is them blasting that. it is the definition. i have to push back on this. i never signed up for all of this. and then a week later i look on my facebook page. i never signed up for that. they have gone too far.

it is incumbent upon all of this. >> to that point. >> thank you for not going over that one. >> the other two you can toggle off. with that when you can't. where you have to change the dictation setting on your phone. it's available on the apple site. that is them saying that it's there. we have to run. while gary deals with the core of being marketing too. you are can it come back with a real story. police are firing tear gas against protesters. what is again a take for beijing to intervene?

will the u.s. be a part of it. we have more coming up next. liberty mutual customizes your car insurance, so you only pay for what you need. i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

protests continue in hong kong. your police using tear gas. they are responding to date with statement they will suffer if protests continue. this is the first time the chinese government has put out a press conference on the affairs. does that show the severity of the situation. >> it also shows that beijing is getting a little bit desperate. the police right now had effectively broken discipline. they're actually they are

actually causing some of this violence. that didn't work. he must be saying something has to help me. these protesters are fighting against the fighter. should the president who has the bully pulpit. should they stand up for them. given the fact that the protest is violence. >> i think we could see another use of deadly force. the last thing he wants to do. we have the protests in the first week of this month that

was isolated. but if you see a number of them at the same time in china i think that they could do anything. with regard to what president trump should do. he needs to come out and speak really clearly about this and in strong terms because the worst could happen in hong kong. we are getting a descent into violence. >> i had been to hong kong a few times and i know people there. they are really worried because all they are seen as threats from the chinese government and they think something really bad as can happen and soon. >> if that does occur who also gets involved to try to stamp this down. >> i would love the international community to get involved. they have a treaty with china. it doesn't want british interference. because right now you have that the chinese been so impossible to everybody they need to close ranks to compete

there. you are starting to see the beginning of the civil war. those are linked to the protest. you've a lot of kids right now saying they want to dog -- die to protect your homeland. if the u.s. trade delegation that is now in china with talks set to resume actually tomorrow. we have relatively modest expectations. china could be waiting for a new president. i don't think personally china would sign a deal i think they would probably say let's wait. like the people that allowed these deals to happen in this horrible thing to happen in our country. >> what you think of the sentiment right there.

>> i think they are doing it for a number of reasons. and right now they still after all this time have not gotten the cue cards on how to deal with the white house. i think the chinese by themselves cannot come to a deal. those compromises are unacceptable inside of beijing right now. as a really bad story for china. they again had more companies leave china. they will have them continue to go down fast. certainly a slowing economy so many companies now do we even need a new deal with china. and let the tariffs where they are right now continue.

>> is the great thing for the united states. basically it you had two things going on right now. he believes in a state dominated economy. also because of the uncertainty in the trade friction. they are leaving when i go to a lower cost jurisdiction. and i will have to deal with the trade war. >> why did we not diversify anyway. that seems to be malpractice. >> i think this gets more into the whole premise of your book. and something you and i have talked about on the show that it is a myth that china is the super brilliant company that can think 25 years down the road and they have this master plan and they move all of the chest -- chess pieces around.

the fact is this is no better than the old soviet union. the top-down economy just can't work. you look at the underlying indicators. at the 6.3 percent for the first half. it is more like zero or negative one. by the time they get around to a trade deal they are definitely get a b in a contraction. >> thank you so much for joining us. millenials are paying the bill but with whose money? the result of the newburyport the numbers may or may not surprise you. we can't wait for this debate. oh, here we go. i know i can't play an instrument, but this... this is my forte. obviously, for auto insurance, we've got the wheel route. obviously. retirement, we're going with a long-term play.

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getting financial help from their parents. they use it to pay for cell phone bills, groceries, and even rent. >> it's an indictment of millennials for asking for money from their parents, and an indictment of the parents for giving it to them. >> if we are going to allow 68 people to dictate whether this is a major trend, that could be part of the reason why you seat millenials living at home longer and not getting married. look at me, i'm not married and i don't own property yet. so the times are change. let's not bash the millenials all the time. >> i don't think times have changed.

i think if you took this poll going back 100 years. kids look to their parents for things. my kids are still on my phone bill. i don'ted mind. >> it used to be kids wanted to be independent. they wanted to move out and be free. >> they are not looking for mortgages and big bills. i don't think it's that big of a deal. i don't think times have changed too much. >> i know so many millennials who want to be entrepreneurs and want to have a start-up business. you don't make much money. and that is a hugely popular trend that's being pushed my colleges and business schools. that's one factor maybe we can talk about next time. we'll leave it for the next time

he's on. thank you to all of our viewers and those tweeting. we know we see you, we love that you watch. that's it for "bulls and bears." thanks for joining us. liz: a good week for president trump. a supreme court victory or border funding. and critics say the mueller hearing not convincing americans about impeachment. the president fought back against elijah cummings. tonight we dig into how bernie sanders, the local ball newspapers say the same types of things about baltimore. what