yeah, he's all about those bands , as opposed to lifting weights whatever it is worth. melissa: i don't want to work out like tom brady that's too much exercise. connell: 42, very old. thanks for joining us. melissa: bulls & bears now. david: no gut, that's the message from the president to jerome powell after the federal reserve chair announces a modest interest rate cuts and the markets also not loving the news making a major dive, but they did bounce back from a 200 point pledge to end in the green, after some positive comments at least they saw it as such for mr. powell. all this as ceo's from america's biggest company slamming the brakes on investments and warning that sales could slow down over the next six months. welcome, everybody i'm david asman this is bulls & bears thanks for joining us. joining me on the panel is scott martin, christina partsinevelos, and gary kaltbaum and the carol roth. >> [laughter]

david: well the president tweet ing this response to the rate cut. "jay powell and the federal reserve fail again, no guts, no sense, no vision, a terrible communicator." that is an economic confidence index of the country's top ceo's sinks to its lowest level under president trump due in part to u.s. trade policy, and jpmorgan 's jamie dimon says he does not think cutting rates will offset trade worries though he also reiterated he does not see a recession near, but should investors be concerned about a slowdown? >> not to be cynical here, david, but i think that the business roundtable might have an alterior motive because they were very concerned about the third quarter but then six months out, they have all of this optimism so they have a slowing in sales in the third quarter but six months out they think they were going to have an increase the same thing with capex. i think what they are doing is trying to send a message they need more certainty in trade. i think that we continue with

slower growth but i wouldn't get concerned quite yet. >> carol those are all things they won't get and i guess business leaders, you've got to deal with. i know that being a executive in my firm. you have to deal with uncertainty. everything is not laid out perfectly so to me the fed message today was pretty good. i've got to give jay powell some credit, i think, david for learning on-the-job. david: it's kind of a while but i agree. >> which is fine because you look at the market reaction originally they sold into them pretty good but as the commentary came out, the economy slows down that's what the market wanted to hear an why we finished positive. you give jay powell credit? credit for what? >> gary he was coming from a negative position so anything was probably -- david: doesn't take much to make it positive. >> i'll say it for the hundredth time there's $250 trillion of government global debt enabled by these central banks that nobody is

doing anything about, one day there's going to be repercussions but here is how we will know. when the markets tank, when we go into a real bearish market that'll be the telltale that we are going into a recession and since that's not happened yet i don't think so but there's a definite slow down going on, it's something that has to be watched very very closely not just because of here but around the globe china is not growing at 6%. i think they may not even be growing right now. germany and points in europe are in recession right now themselves, and we are not immune, so we are definitely on watch and hopefully, we can re accelerate from here. >> we aren't immune and the at&t ceo just reiterated that on tuesday and he talks about u.s. mca, we've been talking about china, but we have two big major, or mexico being a huge trading partner still getting blocked in congress not even going through congress, but regarding powell, you saw an up-tick in the market the moment he used and we're talking about those off camera, the balance

sheet bringing up the fed balance sheet and that they are possibly considering organic growth, what a term to use, but at least it's better than autopilot, remember when you saw the markets drop substantially and a keyword too that powell got up is we will learn a lot in the next six weeks to go through the follow-up rest of the quarter which i think he's alluding to consumer spending and back-to-school. david: let me pick up because you said we're not immune and i agree. we're not an island in the world economy. we have to pay attention to what's happening overseas and what's happening are negative interest rates. that's why i think the president has a point when he says look, we're not up to speed. we've got to come, bring our interest rates down not to negative. he did say that at one point and i disagree with them there but part of the fed's job is to make sure that our currency is that pairity. that is part of it. >> go ahead, gary. >> let me take the other side of that. those interest rates are

negative because they are basket cases there. our interest rates are not supposed to match their interest rates. they are supposedly something called a free market. let markets be themselves, the ten years -- david: maybe we should get rid of the fed itself. period. >> that's a great idea. here is the problem though, and the other issue we create this vicious cycle so every time we lower interest rates it gives them the ability to say well they lowered it so we have to lower again, if we were to stay in front for a little while maybe they would stop doing that david: the only thing that's going to stop them from doing that is if they wake up one morning and say wait a minute the united states cut their tax rates, they got rid of a lot of bad regulations and their economy went booming. maybe we should do the same and until that happens i don't think they turn things around. >> david that's the problem too though is because we aren't doing that or haven't done that say in some time a year or plus and we're starting to see regulations, we're seeing democrats pipe up about that

stuff and talked about u.s. mca, now the reliance is back on the fed to kind of fix this problem. china trade too, so to me, you're right. the fed is becoming maybe a little bit more insignificant because open market-rates don't forget guys, the fed did an okay job today, i almost said fine but i didn't want to upset gary any more. he did an okay job today but the fed was way behind for most of this year. for a long time this year, the long term rates in say the 10 year, the 30 year bond for the government paper were higher than say or lower rather than say the fed funds rate which was higher which was ridiculous. >> but not only did the committee members agree with you scott in that sense when you look at consumer spending, you look at the fact that it has been climbing higher and then inflation is a great one, it's a little bit below 2%, but i wanted to bring up news we're getting just within the last hour so the fact that microsoft too announcing they are increasing their dividend, buying back $40 billion worth of shares, which shows that corporations in america are flush with cash, apple being an excellent example. they are getting money from that

corporate tax rate dropping to 41%. david: they're not getting money. >> bringing it back from abroad , but i think it would be interesting, guys maybe anybody can answer this, do you think in the mid-term given that dividend yield might actually be a better return for investors than interest rates, bonds and interest rate, so should we just keep parking our money in the marketplace and continue. >> i'll tell you what they aren't going to do, is increase their capital spending which is what the fed lowering the interest rates is supposed to do it's supposed to spur business and consumer spending and none of the businesses and consumers are holding back their spending because interest rates aren't low. >> let me just say this, the fed is just so overrated when it comes to the economy. what they've been able to do is more markets. do you know what moves the economy? 150 million people going to work every day, not these moving interest rates a quarter point here or there. i've been saying this forever. if they would just leave be we

would just be fine but no they have to interject themselves into everything every day. >> that means no cuts right? >> just say we don't need them. >> auto sales are strong, retail sales a little bit weaker , but stronger in august so that means no cuts then right david: i think no fed. we can all agree no fed. >> absolutely. i second that. david: i say no fed. president trump set to announce new economic sanctions on iran in the next 48 hours but do we need a tougher response to iran 's aggression. we'll ask republican congressman mark green, next. president trump: there's plenty of time to do some things, it's very easy to start, and we have to do something we'll do it without hesitation. with sofi, get your credit cards right- by consolidating your credit card debt into one monthly payment. and get your interest rate right. so you can save big. get a no-fee personal loan up to $100k.

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at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. it also has the highest growth in manufacturing jobs in the us. it's a competition for the talent. employees need more than just a paycheck. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source for personal savings and protection solutions. the workplace should be a source of financial security. keeping your people happy is what keeps your people. that's financial wellness. put your employees on a path to financial wellness with prudential. david: oil is lower, saudi arabia unveils more evidence that iranian drones and missiles launched from iran were responsible for the oil attack. secretary of state mike pompeo calling attacks "an act of war"

while president trump says that he's going to make an announcement in the next 48 hours regarding sanctions. here now is republican congressman mark green, so congressman, should we be doing something beyond just tightening economic sanctions? >> well thanks, david for having me on the show. as far as saudi arabia goes, this is an act of war. they attacked a sovreign nation. for the rest of the world this is an attack on our economic stability and i believe i'm very supportive of the president ramp ing up, matching out the sanctions on iran, and i think the rest of the world needs to join us in that effort, but i also believe that not responding would be a bad idea. it would embolden iran. very clearly they continue to ratchet this up in an attempt to leverage the world against us and our sanctions, so not responding would be a bad idea. david: but just to follow-up specifically, does that mean that we should be doing something more than just economic sanctions? >> i think the president's

going to make the right decision and i trust the decision that he makes in terms of whether or not to get kinetic in this. david: kind of an odd answer. >> kind of a non-answer hopefully you've got insider scoop about next week you have the united nations general assembly occurring and the minister of finance as well, foreign minister i'm sorry and the president have not received their visas to enter the united states, are you hearing anything about that and what kind of situation could this like prevail if you have the president of iran stepping on u.s. soil after this? >> there's no talk about that in the halls of congress right now. no one is mentioning that. clearly, it's very concerning for us to have them come here, but the united states has allowed the united nations to be here on our soil, so we have to participate in those agreements and allow those individuals like the president of iran to come here when they need to or want to. >> congressman this is gary kaltbaum. iran knows that we know that

they did what they did which means that they're something else. i know we talked that we will do something if they do but are we actually ready to amp this thing up which means attack something over there, which will escalate things over there. are we ready for that? >> we absolutely have the capability on the ground. i went to the chairman of the joint chief of staff, general du nford and asked him several weeks ago, are we prepared if the iranians escalate this and he said absolutely. we have the assets on the ground we have the capability to respond in the region. we have, we can do a lot and you've heard the president's rhetoric about that, we're ready >> congressman so building on that, what is that so to speak red line? what needs to happen in order for us to join in because right now it's not our place. this is between saudi arabia and iran, so what is it that's going

to take to pull us in because unfortunately, i feel like that's iran's end game here. they've made it very clear, they've said we can hurt americans in the region. they said that. i think when there's one american soldier, injured this president has made it clear he will not tolerate that, and if they hurt one american, you can bet there will be a kinetic response from this president. >> congressman it's scott martin. let's say on saudi arabia what can we expect from them going forward as far as help if things do escalate as gary point out as they probably will with iran and also what can we expect from saudi arabia going forward, it's a very rich country yet they can't protect such a very important element of their economy? it seems kind of interesting they aren't the greatest actor in the middle east so what can we expect with them going forward as to how to prevent this stuff and get things better >> what you're really getting into is the entire middle east and what's happening and what's happening is an emergence of a

bipolar situation where there is this iranian access and this saudi/jordan, israel interesting ly enough, israel as a part of that access that's forming, and what's very concerning is typically you look back in history, whenever either a region or globally the world went bipolar, i believe i genuinely feel that that's when it became most unstable, now there are political theorists out there who say that gives stability but i don't think so, so i'm very concerned about this sort of alignment, that's happening in the middle east and now other countries are stepping up to either side with saudi arabia, or side with iran. very concerning, and i think you now see cooperation even between israel and the kingdom sharing intelligence information and this is an unprecedented point in history, and so we need to be very careful. i believe the president's measured responses have been very good and very solid. david: another quick question about saudi arabia though they

didn't apparently have these patriot missile defenses around the oil field that was hit, and with all their, hundreds of billions of dollars, they can't buy missile defenses from us and surround these areas? is that being discussed with saudi arabia? >> i am confident that those conversations are happening and the go forward, and i anticipate they will be better prepared next time. david: congressman mark green always a measure to see you sir thank you for being here appreciate it. >> thanks for having me. david: 2020 democrat hopeful elizabeth warren stopped in her tracks last night by steven colbert who was tired of her non -answer on whether she's going to raise middle class taxes. listen. but here is the thing. no but here is the thing. i've listened to these answers a few times before. i know that every single time that i suit up, there is a chance that's the last time.

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david: senator elizabeth warren facing an unexpected grilling from late show host steven colbert on whether or not the middle class will face a tax hike to fund her plans for so-called medicare for all. listen. >> you keep being asked in the debates how are you going to pay for it are you going to raise the middle class taxes. >> right. >> how are you going to pay for it? are you going to raise the middle class taxes? >> so here is how we're going to do this. costs are going to go up for the wealthiest americans, for big corporations. and hard working middle class families are going to see their costs go down, and -- >> but will their taxes go up? >> but here is the thing. >> i've listened to these answers a few times before and i just want to make a parallel suggestion for you about how you might defend the taxes that perhaps you're not mentioning in your sentence. david: good for him. holding her feet to the fire,

but with warren gaining major ground in the polls will her failure to answer the question about a middle class tax hike reverse her game, scott? >> david more of these will. props like you said to steven colbert for pushing her on this. i love that politicians, really on both sides, utilize. she used the word costs, he said taxes. regulations or other things that are used in place, i mean, that's really the issue here is that these are l, they're allie, they're not plans. they aren't guarantees. whenever you hear the government say oh, and by the way, this is paid for? david: yeah, sure. >> run because it's not and they just go after you more and more as a taxpayer because it's an endless supreme court play of money. >> yeah, she can not defend this because the math doesn't work. if you look at the top 1% of the taxpayers they pay $538 billion, so if you had 100% increase in taxes just think about that, they would still be paying only

just over $1 trillion. she's talking about multiple trillions of dollars in spending so if the 1% doesn't have that guess who does? it's going to be the middle class, and maybe this plays out okay for her here in the primary but when you get into the general election if she's the nominee you just start putting those numbers on the screen and forget about it. >> which is why going forward warren cannot continue to omit the details for all of us as to how she plans to pay for medicare. colbert should have flat out said yes or no, are taxes going to increase so i feel like that should have been a little bit more direct overall though, why not go after some of the other issue, not increasing taxes but patch the estate tax, fix carr ied interest so the list goes on and there's loopholes. >> not enough money. >> well look, authoritarian, socialistic dictators cannot tell the truth. they have to con you, so when she calls a wealth tax she says $0.02. >> wait why are you calling her

a dictator? >> because everything she is is about dictating to those in control, and how much is money coming out of your pocket what industry she's going to run. there's not one big industry she's not said she would break up, take over, or shutdown that being a dictator. david: but this is not a dictatorship we should make that clear and she's facing an election. the last politician that i remember running for president who said i am going to raise your taxes was walter mondale, when ronald regan was running for re-election. we have a clip of him saying that take a listen. >> mr. reagan will raise taxes and so will i. he won't tell you. i just did. david: of course he lost and reagan by the way did not raise taxes. he lowered taxes in his second term, significantly, but the point is here, you don't win elections by saying you're going

to raise taxes and if she's forced to answer that question, to do what christina said, answer it directly. are you going to raise middle class taxes i think she loses. >> i think she lies and she's going to say no and people are going to continue to call her on it and she's a very very smart woman and she knows exactly what she's doing but i don't think she's truthful and will continue to dance around this. >> she's a politician! >> right? >> well here, guys, here is the thing if i can borrow a quote from her is that she's got enablers. there's a lot of enablers out there and you mentioned steven colbert should have asked her point blank or it yes or no? there's enough folks around the democratic party that try to protect her from getting into these piles of things where she's looking like she's lying so be careful in the next say 6- 12 months as to how much she has to give when it comes to these. >> the woman has, she's proposed a wealth tax that she

says $0.02 but it's 2% every year and 20% you're giving up 20 % of your wealth after it was already taxed, as the income and now she wants an investment income tax to pay for other people's social security. she wants to take it and it's a never ending taking her hand and putting it into your wallet for her to do her bidding. it has never worked throughout history, and she's going to get caught. imagine her in a debate with trump when it comes to taxes. she is going to lose so big. david: i'd pay for that. >> we may have pay-per-view. >> healthcare is still top of mind for so many voters up there and candidates need to address it because it's a major issue. >> they need to address it but they need to be realistic about it and if you're going to medicare for all route either it's incredibly expensive to the point where we can't afford it or you're going to -- >> what about biden? >> americans don't want. david: we'll see how it all shakes out meanwhile we've got

breaking news the wall street journal reporting that at&t is exploring parting ways with directv. shares are slightly up, in after hour trading we will keep you updated on this story when we hear more about it. >> and coming up current prime minister benjamin netanyahu and retired military chief locked in a dead heat in israel's re-election so what could this mean for future u.s. israeli relations? we'll be asking israel's ambassador to the u.n., danny da nnon about this and a lot more right after a short message. at fidelity, we believe your money

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david: the israeli election results are in and it is still very unclear as to who the next prime minister will be. benjamin netanyahu's grip on power is sort of hanging in the balance right now with local tv channels projecting him trailing , his rival, by only one seat. joining us now to make sense of it all israeli ambassador to the u.n., danny dannon. great to see you ambassador. first of all a question for americans, because forgive ourself-centeredness but we want to know if a change in leadership there will lead to any change in our relationship with israel? >> absolutely not. we are a strong democracy, we have a great relationship with the united states and we will tin auto you to have a great relationship so even though if we see a new government still you'll see a strong friendship.

david: if i could just follow-up with one thing we need israel's help in dealing with iran. that is clear. they've got great intel, the best intel people in the middle east and we may need your help in terms of doing something physical to what they have. benny is not as hawkish as benjamin netanyahu. might he be more reluctant to help us out? >> the first leader in the world who started to speak about this coming from iran in the 90s and he's an expert on this issue and i agree with you it will be different but when you look at the institutions, of the military, they would continue to work with the u.s. with other governments, fighting against the iranians. >> mr. ambassador this is gary kaltbaum. do you think what's happening in israel with the elections has to do with our prime minister bench has now been running the place for 10 years and it's getting just we want somebody new at this point in time? do you think that's what's

happening now? >> so in the election that took place in israel it wasn't about ideology or about two states, one state it was mainly about the leadership of the prime minister, and you had a lot of israelis supporting the prime minister and experience and provisioning the world and you have others who said maybe it's time to replace him, so i think that still we've got a lot of support, 31 or 32, it's still meaningful, and you still have a lot of followers in israel. >> ambassador we know here in the united states when there's a close election a lot of times people feel like the leader doesn't have a mandate that half the country, or almost half the country wasn't in support of this person. given the fact that whatever happens here is going to be very close do you imagine that's going to lead to tensions within the country itself? >> so today in israel, people speak about unity. maybe even a unity government. remember in the 80s when you had labor, and the prime minister to actually run the country together. that's an option. i don't know if it's the best one but they are negotiating it

and i think in the next few weeks you'll hear a lot about unity government option in israel. david: interesting. >> if he loses he might not have his way to protect himself against any indictments that come about with could russian and bribery. does this mean the end of his team om then? >> no i believe the prime minister hopefully will not be indicted and at the end of the day, in israel it doesn't matter if you're prime minister or citizen, at the end of the day when you enter the court, if you enter the court, we are all equal. >> mr. ambassador this is scott martin thanks for joining us. with respect back to iran given how we're in this at least hanging in the balance with respect to the election results what do you think iran's behavior would be like given the possible outcome of one side versus the other? >> so, we do feel that iran's continuing to support terrorism, to support what's happening in saudi arabia and they are invest ing a lot of funds no matter what regardless of the election, $7 billion a year, they are investing in terrorism

in the region they will continue to do that and by the way, we will continue to retaliate within the region regardless of the coalition negotiations, forming a government, we'll continue to protect our interest in the region. david: let me just ask you about the economy because your economy is terrific is one of the best economies in the middle east. benjamin netanyahu is a very big free market guy, benny less so sort of more of a elizabeth warren of israeli politics are you concerned about the economy if he takes over? >> so prime minister people january in into has a track record of our economy and we see the numbers today, the high-tech innovation. it's amazing, and benny was in the military many years so we don't really know exactly his position about our economy. david: but he wants to expand government, right? >> i don't know and by the way we didn't hear a lot about the economy, and whether you support the prime minister, or you do not support the prime minister. >> i know this is a wacky question but if there is a

coalition government could there be a scenario where they share power because i know there has been a similar situation in the past. >> so we had a unity government and i think now within the negotiations the main issue would be the first prime minister, who will start the first two years, because you don't know what we will have after two years, so maybe we will hear about that. >> but what about the president what do you think he's thinking right now? >> he will try to convince them to work together but they will have to argue who will be first. are you concerned about the fact that he does not have the political experience and that coming into the situation we're currently in in the middle east that that could be an issue? >> well we had experience with the other people coming from the military, for example, politics is a profession. you need to know how to get the government behind you, so i think if it will be elected you'll have to learn a lot. david: final question, we're about to go into the general assembly of the united nations.

the iranians are probably going to come here unless we hear some last minute change from the trump adminitration. you're a diplomat you've been one for a long time, you know how to be a diplomat could you really shake the hand of the supreme leader of iran if you confront him at some cocktail party? >> i can speak for myself and for israel, i don't shake hands of the iranian regime. i know what they are doing and we pay a heavy price for that so our policy is to apply more sanctions, to play hard with them and not to speak to them in cocktails. >> and i'll shake your hand for that very well said. david: great to see you thank you very much for being here. well is there still hope for a deal with north korea? dennis rodman says absolutely. we'll tell you why he is optimistic coming next. [upbeat action music] ♪

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david: nba legend dennis rodman the man who brought north korea dictator kim jong-un out of the shadows, sharing a bold prediction with me this morning on "varney" & company about a deal between the u.s. and north korea. listen. >> one day, the doors are going to open with north korea and america and i still believe that one day, kim jong-un, donald trump will still be president and i think it's going to p ha in the next 18-24 months you'll see kim jong-un in washington d.c. david: wow what do you think about donald trump being re-elected do you think he should be? >> do we have a choice? david: do we have a choice? >> it's a lot of candidates out there right now, but i just think that people looking at the money factor the way he's changed a 180-degree. david: meanwhile south korea is warning that the situation in iran is distracting president trump from completing a nuclear deal with north korea, but is dennis rodman right about kim jong-un coming to washington to seal a deal?

what do you think? >> david i'll tell you, unless kim jong-un has some frequent flier miles that he needs to use up, i really don't see this happening. that's true right so maybe a boat or something christina i just don't see this happening because what that would do is a couple things. one, i think it would make kim jong-un look somewhat weak to be say bowing to our demands or coming to an agreement with the scary west and also the fact too that kim jong-un has what he wants in north korea. he's got control of the people. he's got control of the government there, he's got control of the country. why would he risk that by coming to an agreement or an alignment with the united states? >> i have three points the first point on monday you had the stockholm international peace research institute say kim jong-un could have between 30-40 nuclear weapons by 2020. the second point, whatever happened to the details of the signing of that deal that timeline, remember between the president, and just denucleariz ing the korean

peninsula and the third one, news came out with an article stating that north korea is creating their own cryptocurrency to bypass the u.s. global, the u.s. dominated global financial system. >> i think we'll have to bring dennis back. he's obviously the foremost expert on north korea and as a former, well and current chicago bulls fan, i love the fact that he's in the mix here but the reality is i think that kim jong-un wants the best of all world's. he wants to keep his nuclear weapons and keep his strength and dictatorship and then he also wants the accolades of the world and that's clearly not going to happen so there's a little bit of dilution going on. >> rodman just wants to be relevant right? by making a statement? >> it was really so good to hear from kissinger rodman today on what's going on in north korea. david i was watching this, he said something. he said that kim jong-un is not a bad guy. david: yeah.

>> a man who murders his family with missiles. david: he sent him a love letter so there's all sorts of rhetoric going around but the point is if you can get something done look what nixon said who killed more people than kim jong-un has living in north korea, so sometimes you have to say silly things in order to get the deal done. >> but let's get real. this man is never getting rid of the nuclear stuff. >> exactly. >> it's not going to happen. david: look if he has a choice, if he has a choice of getting rid of his nukes in order to turn north korea into a place like vietnam where you have something near to the 21st century, unlike what they have now, the president thinks it's worth the gamble that if he's willing, if he's willing to give up the nukes. >> i'm not saying it's not worth the gamble but he's not giving us the power. >> exactly. >> he would like to be accepted >> well the communists never gave up control and modernized

their economy. >> that would be nice. david: that's the transition. you're very optimistic aren't you? >> i'm trying to be. >> [laughter] david: i have to pushback a little bit but the point is that you do look, i love those satellite shots of the korean peninsula because you'll see at nighttime south korea all alight it's completely dark in north korea. i mean there's not a single light. maybe a little flicker in the capitol. >> i think that he's worried that he doesn't have enough strength to get there so he has to rely on what he knows, and which is being that dictator instead of taking that risk reward tradeup is very difficult david: never forget, we have to keep in mind that it's not just that one family, you multiply that by thousands of times. >> let's not forget his citizen ry is shorter than they should be because they're all staved. david: we'll leave it at that. gary you got the last word i'm not exactly sure but if you want

to train like tom brady you've got to watch the next segment and now fox business got a look, a super look at the super bowl champions new gym. we're going to hear from tom brady himself, coming next. we trust usaa more than any other company out there. they give us excellent customer service, every time. our 18 year old was in an accident. usaa took care of her car rental, and getting her car towed. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. we're the gomez family... we're the rivera family... we're the kirby family, and we are usaa members for life. get your auto insurance quote today. ♪ ♪ award winning interface. ♪ ♪ award winning design. ♪ ♪

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adjust your comfort with your sleep number setting. so, can it help us fall asleep faster? yes, by gently warming your feet. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with him? yup. so, i'll wake up ready for anything? oh, we've got your back. so, you can really promise better sleep? not promise... prove. and now save up to $500 on select sleep number 360 smart beds. only for a limited time. david: new england patriots tom brady opening a new gym in boston where he can train just like the six time super bowl champ jackie has the dream assignment live from the new tb- 12 gym so jackie was it a really different kind of workout >> it was a different type of workout, and you know it's not surprising because it's tom brady's regimen, and he is different and that's why he has six super bowl rings and that's why he's the star quarterback at

age 42 and really, everybody is in awe of him. now, he's sharing a piece of it with consumers out there, and they can do it at all different levels. that's what i personally appreciated when i did it today. now the facility here is the second one. it's in boston, and outside is the finish line to the boston marathon so you can just sort of imagine the kind of setting but we got to talk to tom himself last night to ask him what it is about his program, that's different for him and that's different for us. listen. >> i think like any healthy successful business, everything matters. i think that's the way with our bodies too. everything matters. it matters how you think, how you eat, how much you drink, how much you sleep, how you work out and recover and when you add all of those things up the cumulative effect of all of those positives, i mean, have allowed me to do something i still love to do which is playing football at 42. reporter: and we talked to him more about what's at the core of this aside from those things he

mentioned it's really about health. it's about increment increment all change and we also got to see the ceo of tb-12 sports he's executing the vision an he sort of explained to us why health is that core principle. >> people can just make small incremental changes to have a big impact on them and you could subscribe to everything we do here and take a holistic approach to nutrition, hydration , working out, or you can take bits and pieces of it so i think tom's perspective is find what works for you and start making change, and you can see his health is so important to him. we talk about health being the new wealth all the time. reporter: and it's not a one-size-fits-all model. so i was part of a group class today that was $30. if you buy those in packs the price goes down. in this room here that's where you have the personal coaches. the body coaches, they will work with you and they will customize a tom brady-style workout just

for you, using his equipment, the fitness bands and all of these kinds of different pieces to this program. you can even buy some of this stuff if you can't get to a gym buy it online, and you can incorporate some of these principles in your workout at hope as well so there's an e-commerce component here and this launch in boston sort of kicks off their expansion plan. they are looking to go to new york city, los angeles, other major cities in the united states, and one day even go international. david? david: we'll see if it happens jackie thank you very much. now here is the question for the panel. would you pay $240 for a one on one training session? >> $240? >> [laughter] >> the average training session anywhere you go any great gym is 50 or $60 an hour, they are four times as much i'm sorry this is not going to sell. now brady wants to throw me some down and out balls i'll pay you the 240, but i'm sorry that is quite the outrageous price if

you ask me and by the way i'm a giants fan so you know what i think of the patriots. >> not to spread any rumors here but i'm not sure that tom brady is entirely human. i think he's cyborg, so unless you implant robotics in me, i think part of this is the key is tom brady's diet and unfortunately he didn't eat anything. he doesn't eat dairy, sugar. david: and his wife is the same >> i just want to enjoy my life and not be as healthy as tom brady. >> not to disagree with you, it's already gaining popularity, there's a gym in the u.s. called dog pound and what they do is they attract these stunning beautiful, this one in new york and i haven't been, there's just models literally super models that work out there so i think it's about being exclusive and rather than this just being an a d for this gym you have to think all of these celebrities are capitalizing on this health trend, we are willing to spend more on our health and not drinking as much alcohol, we're

not going out as much. david: maybe we are drinking that much. >> christina that's a great point, because it's the motivation that i think a lot of us need a lot of folks like the younger generation need and want they may be getting from the opening of these gyms. i personally get mistaken for tom brady a lot of times. david: oh, that's a shame. poor guy. >> it's the instagram generation everyone wants to say i'm at tom brady's gym. >> very good point. >> and it gives them the social clout unfortunately you can't pay your rent then. >> i was already debating looking at gyms and i haven't done it because i spend 10.95 at planet fitness but the gyms are $300 a month in the newarea. david: we'll see what happens again they are succeeding elsewhere when they have super models in there so what's better than a regular avocado? how about a super avocado? but would you trust a new special coating they have to put on it even if it doubles the shelf life? details on that, coming next. ♪ (dramatic orchestra)

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david: avocado lovers rejoice, the nation's largest grocery chain kroger and appeal sciences are partnering up to bring what they claim are longer-lasting avocados to more than 1,100 kroger stores nationwide. the extra longevity comes from a plant derived formulation that is applied like a second skin to a variety of produce. kroger plans to expand the use of the coating to lines on asparagus. scott, are you okay with kroger coating your food? >> i mean, david, you had me at plant derived. here's the thing, we own kroger stock. i love kroger just as a company. i grew up with it. i think it is undervalued but it is a little weird. i mean the avocado thing isn't that big of a deal because of the shell it has on it anyway you don't eat the shell. but other things like asparagus and other fruits that may have this getting on them, that's a little strange to me and probably stay away from. >> for kroeg they are is a way

for -- for kroger this is the way for them to achieve the goal of eliminating waste by 2025. the fda has approved this. if you are willing to eat chicken that's bleached and french fries from mcdonald's that has oil and antifoaming agent and all these artificial flavors added to all kinds of products why not this. >> you might as well eat the spray cheese out of the can if you are going to go with science, then enjoy yourself. who cares about the asparagus. go right for the cheese whiz, put it right in your life and you will live a happier life. >> we talked chocolate milk, yesterday oreos, today avocados. david: go ahead. >> i don't want to hear science and coating with my food. simple as that. stake away from that. -- stay away from that. i don't want to hear about foaming like kristina mentioned. >> we never look it up and see the consequences >> what did the cavemen do before all these scientists?

they just ate. [laughter] david: we have to go -- by the way, in other areas of the world, where it is not as easy to get fruit, maybe this is a good thing. melinda gate foundation is supporting this. that does it for bulls & bears, see you next time. liz: president trump not happy about the federal reserve rate cuts today. we've got the update on that and what our nation's ceos and cfos are now saying about the u.s. economy. it's the economy that will determine who wins the white house. president trump ends his california fund-raising trip with a visit to the border, amid more protests. tonight the white house taking the fight right to california. we have the update. the middle east on the brink, secretary of state mike pompeo says saudi attacks were an act of war. what happens next? we've got it. we're on the news that american airlines mechanic that we told you about, he was accused of trying to sabotage a passenger plane, with 150