sure that over a seven-year time frame we make money. the other of course is -- charles: jack, what's the other thing? [ speaking simultaneously ] charles: sorry, my friend. we have to leave it there. sorry to short-change you but the president was speaking. now cheryl wants to speak. she's in for liz claman. c.p. effect, you got the momentum. let's see what you can do with it. cheryl: i hear you, buddy. we will keep it going. we do have breaking news, as you just mentioned. that is the president. president trump right now is holding a roundtable discussion with wisconsin law enforcement officials at bradford high school in kenosha. this is happening live on your screen right there. he's in the badger state. he's touring some of the destruction following riots and unrest after the police shooting of jacob blake. we are going to go straight back to kenosha if the president takes questions at the end of the event.

we are monitoring his comments right now for any news that breaks. we are on this event for you. meanwhile, got to look at the markets. kicking off the first trading day of september with new records for the s&p 500 and the nasdaq, and the dow is back in positive territory for the year. we shall see if these numbers hold through the rest of the hour. you know, september's traditionally the worst month of the year for the stock market. but we are going to ask our floor show traders if they expect september 2020 to follow the usual pattern, because nothing about 2020 has been usual, to be clear. and we will get a view from the farm as harvest season is fast approaching. we will talk to one soybean and corn farmer about how he sees the phase one trade deal playing out in the middle of the coronavirus pandemic. plus, the state of spacs. a giant in the media industry is turning to the world of 3d printing to tell us why he is now taking desktop metal public.

less than an hour to the closing bell. let's start "the claman countdown." cheryl: let's go back to president trump's meeting with law enforcement officials in kenosha, wisconsin. let's listen in. >> we must really be thankful that we have them and we have to help them do their jobs. we can't be threatening them with their pensions are going to be taken away, their jobs are going to be taken away, everything is going to be taken away, they're going to be living a bad life if they utter an incorrect word. you can't do it. we have to have our law enforcement. we cherish our law enforcement. we wouldn't be here without our law enforcement. even me, i'm here today, i feel so safe and you went through hell just a few days ago, but i feel so safe. i better be safe, right? i better be safe.

but we are all safe and we are safe because of law enforcement. we honor you and i will say this, we have to condemn the dangerous anti-police rhetoric. it's getting more and more, it's very unfair. you have some bad apples, we all know that, and those will be taken care of through the system, and nobody's going to be easy on them, either. you have people who joke, they're under tremendous -- i said it yesterday, i said it last night, they're under tremendous pressure and they may be there for 15 years and have a spotless record and all of a sudden, they are faced with a decision. they have a quarter of a second. quarter of a second to make a decision. if they make the wrong decision, one way or the other, they are either dead or they are in big trouble. and people have to understand that. they choke sometimes. and it's a very tough situation, right? it's a very tough -- people call them bad and horrible and they

made a bad decision but if you think of it, when they have and i know you practice this all the time, where you give people literally a quarter of a second to make a decision, and a lot of them can't make that right decision. it's a very tough thing to do. the vast and overwhelming majority of police officers are honorable, courageous and devoted public servants. they are incredible. yet many politicians ignore their sacrifice and ignore the african-american, hispanic american victims. we have people, there was love in the streets, i can tell you, of wisconsin when we were coming in. there was love in the streets. and so many african-americans, hispanic americans, i can see waving, pastor, it was so beautiful to see. they want to have safety. they want to have safety. i'm not a huge believer in polls, obviously, but you look at polls where there's 87% want to have great police.

they want to have strong police. they want to have safety. those are the ones that are most affected by tragedies like you'll see going around, or these allegations of police wrongdoing and when you see that they have made allegations, they must be fully and fairly investigated and that's what we're doing. bill barr has done a fantastic job in that respect. we fully understand that because you do, you do have problems the other way but there are very few. you know, the sad thing is you can do 10,000 great jobs as a policeman or policewoman. you can do an incredible job for years and then you have one bad apple or something happens that's bad. that's the nightly news for three weeks. that's all they talk about. they don't talk about the thousands and thousands of good jobs, the lives that you save, they never talk about. so i'm committed to helping kenosha rebuild. we all are. we will provide $1 million to the kenosha law enforcement so

that you have some extra money to go out and do what you have to do. you took a rough -- it was a rough week, to put it mildly, and you've done it incredibly well. i'm also providing nearly $4 million to support the small businesses that i talked about today that got burned up, burned down, and we're going to be providing over $42 million to support public safety statewide including direct support for law enforcement and funding for additional prosecutors to punish criminals and resources to provide services to victims of crime. that was bill barr who wanted that money put in. so that's $42 million that will help with prosecutors and all of the other things that are so important to you. you need that. when you grab them and nothing happens and they're back on the street, that doesn't work out too well. my administration is restoring public safety. we're hiring more police, surging tough on crime federal prosecutors, increasing

penalties for assaulting law enforcement and for dismantling antifa. they don't want to mention the word antifa. nobody mentions it. there's a bad group of people, very very bad, very dangerous group of people, and we are doing a big number on antifa. they're bad. earlier this year we announced operation legend to surge federal law enforcement to high crime neighborhoods. it is a thing that has really worked out amazingly well, bill, but it's really sort of understated in a sense. we have already conducted more than 1,000 arrests in our first month in chicago. we went to chicago very recently. obviously that's been a disaster, chicago. total disaster. with again, radical left democrat and we just have -- it's all democrat. everything's democrat. all of these problems are democrat cities. we don't want to say it but it is. the top ten are democrat. then you go into the top 25 and take a look at that.

it's the same thing. we cut the number of murders in chicago last month in half. still way too many but operation legend was very very very successful. now it's just really getting going but they cut it in half and at its very early stage. it's in sharp contrast to those who want to slash police funding, oppose using the national guard and want to hire radical judges and prosecutors who will release rioters, looters and criminals. we have that in portland, where the prosecutors don't want to do anything. you can catch somebody doing the worst crime and they don't want to do anything. so we're very very upset about that so we're not going to be cut police funding. if you look at what they want to do, they want to cut police funding, we want to increase police funding substantially. they want to end cash bail which has been a killer for new york. if you look at what's happening in new york, they allow thousands of people out of jail in new york and they are walking around and they are causing nothing but problems.

who would not know that. you don't have to know anything about policing. i'm not a policeman but i would know that if you let these people out, many of them are going to cause tremendous problems. so they want to end cash bail. incentivize prison closures, they want to close the prisons so they can't hold anybody. reimagine public safety, end immigration enforcement, resume catch and release at the border, as chad will tell you, we have had tremendous success on the border. we are up to over 300 miles of border wall. we're having the best year we've ever had in the border. people are coming in but they only come in legally. for the most part they only come in legally. the wall will be finished very shortly. it's had a tremendous impact. and the other thing, we want to appoint supreme court justices and judges, we will be up to almost 300 judges by the end of the term and two supreme court justices, and so we have a lot of things to do. we have a lot of great things to do. but it's an honor to be in your neighborhood, it's an honor to

be in your great state, wisconsin, and we're here for you all the way. some people thought it would be a good thing for me to come, a bad thing. i just wanted to come. i really came today to thank law enforcement and to just really, what you've done has been incredible. it's been really inspiring, because you see it happening all over and it just never seems to end. it never seems to end because it's almost as though they don't want it to end. because you ended it really fast and congressman, i want to thank you for the job you did. you were the first call and i want to thank you very much. great, really great job. with that, i would like to introduce bill barr, attorney general of the united states. say a few words. thank you. >> thank you, mr. president. as most of you know, whenever there is an officer-involved shooting -- cheryl: we have been listening to president trump. he has been holding this roundtable with law enforcement in kenosha, wisconsin. he did make some news in his remarks in the last few moments. they are going to be giving $1 million to the kenosha police

department to support them. also, he said they are going to be giving $4 million to small business in kenosha to help them with obviously the rebuilding effort as they have struggled to reopen their businesses in the middle of all these protests and rioting. and $42 million he said is going to be given for public safety statewide for services, for victims and also to help prosecutors take some of these criminals and bring them to justice. he also mentioned the situation that we have been following on fox business in chicago, in portland. he also made a brief reference to new york and bail reform which is something governor andrew cuomo has pushed through in this state and that of course is where a lot of folks believe that that is closing prisons that led to higher crime rates in particular in the new york city area. i do want to bring in grady trimble. he is outside live in kenosha, wisconsin, where you've got folks on both sides, you've got trump supporters and you've also got detractors there. what's the situation like right

there right now? reporter: well, right now, what we are seeing is a lot of black lives matter protesters. earlier in the afternoon, we had a lot of president trump's supporters here, hoping to get a glimpse of the president as his motorcade went by, but now they know he's doing that press briefing, so they have kind of dispersed here. what's left is the protesters, and things got heated at times. there was shouting, there was arguing. i would describe it as tense but mostly peaceful, except we did capture one moment where one of the protesters threw water at a supporter of the president. take a look. [ shouting ] reporter: of course, the president was here touring damage. he met with local business owners who in some cases lost everything to the fires of the riots of last week. he also, as you can see, is holding that law enforcement roundtable right now and cheryl,

you mentioned one of the things he talked about which is how some people want to defund the police. he says he wants to increase funding for police. he also thanked all of the law enforcement from here in wisconsin and other areas who came in and really, as he said, got the situation under control after the rioting of the past week. in addition to that, he's encouraging cities like portland to take the help from law enforcement if they need to get things under control. meanwhile, as we see the protesters here, the family of jacob blake is not here and they said they are doing that on purpose. they say they don't want to have anything to do with the politics of the president's visit. they had a press conference and they gathered at the shooting site of jacob blake, the start of all of this unrest, and you know, they said they don't want anything to do with what's going on here and they actually encouraged people not to protest but nonetheless, that's what we're seeing right here. cheryl: well, governor tony evers had asked the president to reconsider his trip.

he did not but he's still going to get $42 million statewide for those who are dealing with this. thank you for that live report. we appreciate it. we want to get back to the markets because you have the s&p 500 and the nasdaq sitting at records. the dow is positive and the dow looks like we may be back in positive territory for the year, for 2020, for the dow. we are going to be talking about all of this with our floor show guys. we'll be right back. stay with us. ( ♪ ) ♪ i need it so bad don't call it a hobby. it's way more than just a job. this is how we live every single day. can we go and play? (roaring of engines) ( ♪ ) ♪ i needed to try ( ♪ ) ♪ needed to fall ( ♪ ) ♪ i needed your love ♪ i'm burning away ♪

♪ i need never get old ♪ i'm burning away ♪ riaccelerate your investments to be is or pull back?een. change the plan or stay the course? that's why northern trust is here. with specialized expertise... a history of success through every economic climate... and proven strategies rooted in data and analytics. giving you more control. clarity. and confidence. for now and whatever's next northern trust wealth management. i'm a delivery operations manager in san diego, california. we were one of the first stations to pilot a fleet of electric vehicles. we're striving to deliver a package with zero emissions into the air. i feel really proud of the impact that has on the environment. we have two daughters and i want to do everything i can to protect the environment so hopefully they can have a great future.

cheryl: the markets kicking off september on a high note. right now, as you can see, the dow is up 130 points. right now, if we hold at these levels, the dow will be back in positive territory for 2020. the s&p 500 and the nasdaq hitting new all-time highs. you know what's interesting, typically september is the worst month for the major averages every year. this isn't a regular year, though. usually the dow and s&p both drop about 1% during september. the nasdaq on average falls about maybe half a percent. but over the last three years, the dow and s&p both gained during the month after seeing the best august for the dow since 1984, what can we expect this september and how is the election going to play into the fall months?

i want to bring in our traders. david traynor and phil flynn. great to see you both. david, first to you. nothing is normal about 2020. i think we can call it. but what about september? >> september's going to be a very interesting month. i think we will get a lot of data exactly how covid will play out but i also feel like investors, especially fiduciaries, are starting to shave risk out of their portfolios. i think a lot of high-flying tech stocks are going to sort of top out and we are going to see a rotation into more fundamentally appropriate risk/reward appropriate stocks across the board. cheryl: you know, phil, the other thing the market is waiting on is stimulus. there's been some negotiations. steven mnuchin is actually on the hill today talking to the house, testifying to the house, about where they are with negotiations with nancy pelosi. i would think that if we get a fourth round of stimulus the markets would celebrate.

>> absolutely. you know what, i think the polls are starting to shift. the pressure is really on washington to get something done. and they haven't done anything and it's kind of hurt the recovery, it's hurting people, so i don't know what they are waiting for. i do think they will get something done because no matter c , no party with go into the election if that party held back the stimulus. having said that, i think we are changing september. september isn't what it used to be. this could be four september updates in a row. look at the expectations for growth in the fourth quarter. it's going to be the comeback september, right, as we get to the end of the year, we are going to see the u.s. economic numbers come in very very strong. we saw it today in the manufacturing data that blew away expectations. i think we will see more of that at the end of the year, and that means we will have a real good head wind for the stock market going through september. cheryl: well, i do want to ask you about commodities while you're here, because i was looking at oil today. it's actually up. you have that strong factory data that came out this morning,

the ism number, but also, six weeks of draw-downs for oil. i don't know what the gasoline situation is right now in your opinion, but oil i think has been an interesting uptick. >> it really is. you are seeing the great rebalancing in the global market here in the u.s. i think those numbers can be skewed in the coming weeks. we are looking for a draw-down, tonight's report, the coming weeks it may get skewed because of hurricane laura but make no mistake about it, the global market is tightening, demand is growing. not here in the u.s. as fast as we want, but if you take a look at china, they imported a record amount of oil last month. that market is tightening quite a bit. i think you will see even more draws as we get towards the end of the year and higher prices in the fourth quarter. cheryl: david, you talked about tech stocks have had their run, maybe they will kind of level off. but there are some beaten down sectors out there. i'm curious what you think about the transports, about hospitality. lord knows, the president by the way, did say today as he was leaving for wisconsin that the airlines were going to get help.

that's all we have from him. but these are beaten down sectors that, you know, could see a rebound. >> yeah, like phil said, energy will see i think a strong end of the year after those stocks have really taken a beating for awhile. i would caution that all this sort of positive news that we are seeing in terms of the economy, most of that is priced in, when you look at where the fundamentals are and we are about to publish a piece looking at the true core earnings of the s&p versus the overall s&p price and it's clear that we are pricing in a very solid 2020 and 2021. that's why i feel like as opposed to markets marching higher overall, we will see a rotation into some of the stocks like you are mentioning. we think there are lines that show a lot of potential, some consumer discretionary stocks that show a lot of potential. darden, stocks we recommended as not having participated but have shown great fundamentals and

great valuations and are just sitting around and overlooked because they are not part of the popular stock trend or popular etfs. cheryl: i love a stock picker's market. great picks from you. david, phil, gentlemen, thank you. >> thank you. cheryl: want to take a look, speaking of stocks, at today's pop stocks. mind-boggling results from zoom video communications. zooming off the charts. two records, company handily beat revenue and estimates, they raised their financial forecast. wall street analysts are frantically raising forecasts as they reassess the success of zoom and of course, the covid-19 work from home environment. look at that stock, up another 39% and change. our work from home colleagues slack and docusign, both stocks doing very well. slack up more than 4%. docusign up more than 20%. well, today bulls are jumping into build-a-bear workshop after second quarter e-commerce sales jumped four times, offsetting the effect of

store closures. that stock up almost 17.5%. regeneron is lagging at the bottom of the s&p 500 and nasdaq after sanofi's rheumatoid arthritis treatment that is developed in partnership with the biotech proved to be unsuccessful in fighting covid-19. as you can see, there is pressure on sanofi, there is pressure on regeneron. let's go back to the big board. as you can see, the dow is up 134 points. we are in positive territory for 2020 if we hold at these levels. we shall see. bloomin brands getting beefed up. deutsche bank turning bullish. pun intended. okay? i had to do it. on the outback steakhouse parent's long-term prospects. raymond james going even further, calling shares a strong buy. it's currently up 13% and change. to the flipside, as farmers continue to face [ inaudible ] could the heartland be the ultimate spoiler in november?

we will talk to a fifth generation farmer and chairman of the nation's growers council is up next. we'll be right back. so you're a small business, or a big one. you were thriving,

but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business.

now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today.

cheryl: the united states trade representative's office extending china tariff exemptions for a huge variety of goods through the end of the year, things like smartwatches, fitness trackers, medical masks and respirators all are going to be tariff-free. what's not included, soybeans, corn, agricultural and other items from the farm. as america's farmers are struggling, family farm bankruptcies are up 8% year over year. an industry that has been the backbone of america for generations. joining us in a fox business exclusive for a first-hand look on the industry is hany farms owner, p.j.haney. great to have you here. how is the family farm and how

is your farm doing? how are your colleagues' farms doing amid all of this? has china been still a problem for all of you? >> all farmers right now are hurting because of the options that we don't have with trade. you know, we look back at our commodity prices over historical patterns and see we are at a ten-year low right now on a lot of our commodities. that's the biggest challenge for most of us. being profitable in today's time is very difficult. we don't have these opportunities to trade with china and these other countries around the world. cheryl: well, i was looking at a new study from purdue university. it found that farmer sentiment was up 26 points from july to august. do you share that positive sentiment? >> you know, i'm not sure how many black and brown farmers were included in that survey, but the conversations i have been having have been quite different.

cheryl: what are they saying to you? >> well, the farmers aren't pleased with where things are now. their options aren't there. commodity prices are just at a low. when we look back at where we were at the end of 2012, we had $8 soybeans and -- $12 soybeans, corn was up to $8 a bushel. the commodity prices aren't there now. that's one of the challenges that we have. we have to get these farmers profits. cheryl: let me ask you about minority farmers. you are chairman of the national black growers council. we have to ask about social justice, the calls for that, have increased across the country. what are you hearing from your members on that front? >> well, disparities between black and white farmers are great, and you know, we know that all farmers have challenges right now financially. they have marketing problems right now with the commodity prices. but those disparities are even

greater in the black farm community. so that's what we are constantly hearing right now. we need to really put some attention on that. equities are just too far spread apart. cheryl: also, what do you think needs to be made from congress? is it stimulus, is it a different set of regulations? what practical things do you think washington could do for you? this is an election year, we are coming up on november. if you had a wish list, what would it include? >> well, i think the biggest thing a lot of growers would want is opportunity to market their commodities around the world. just down the road two hours from my farm, we have norfolk, virginia, where the commodities that we produce go global and demand is not there for that right now. i think the biggest thing washington can do is make sure they have more dirty boots around the tables making decisions on production agriculture. that would be a big help. cheryl: i've got breaking news. we actually have to go back to the president.

thank you for being here so much. i'm sorry to cut our time short. president trump now taking questions as he meets with law enforcement in kenosha, wisconsin. >> -- zero problems in terms of your safety, our safety. i feel so safe. four or five days ago, james, we couldn't have done this. the law enforcement has been so great. we could do this in portland so quickly, so easily, it would be incredible. we would have done it in seattle. we were all set to go into seattle, as you know, the following day and they heard that and they sent the police in and the police did a good job but the people gave up. they were exhausted. they were there for a long time and they gave up. they were exhausted. so we're there. i mean, we would love to help oregon, we would love to help, really love to help portland because we could solve their problem so easily. we have the people, they're ready, they could be there in less than an hour. less than an hour. it would all end. and they got a glimpse of that

in this great state. they got a really good glimpse of it. it happened very quickly. now i mean, i see it. they are already rebuilding. you are already rebuilding your stores. you will be rebuilding your store soon. the camera shop. so we don't want to do that but at some point we're going to have to do it. we're going to have to do it, okay? reporter: -- the blake family sfl i know you didn't get a chance to talk to them but what would you say to them in terms of the pain they're going through and the questions they have about what happened? >> well, i feel terribly for anybody that goes through that. that's why i was so honored to meet the pastors. i feel terribly for anybody that goes through that, as you know it's under investigation, it's a big thing happening right now. i guess it's under local investigation. i know bill, you are also participating. but it's under your local investigation group, unit, and i hope they come up with the right answer. it's a complicated subject, to be honest with you.

but i feel terribly for anybody that has to go through and i didn't get to speak to the mother. i hear she's a fine woman. i have heard that from the pastor. a really fine woman. but you can see when i spoke to the pastors, i see exactly what it is and they understand where i am, and if we can help, we are going to help. but it is a question, it's under investigation. lot of things happened with that and other things, frankly, that we're looking at very very closely. okay? reporter: should every police officer in the united states wear a body camera? >> body cam? well, that's very interesting. let me ask bill to answer that question. >> generally, that's a local issue for each police force in each community, political leaders of the community, to decide upon, but i think most law enforcement people i know

who woere originally skeptical f body cameras are now coming around to feeling that they actually are a net benefit. >> it's a very tough, you know, the whole thing with the body camera, you read it and you read two sides of the story. how do you feel about it, daniel? >> i believe body cameras would be very helpful. >> you think they're good? >> i wish they showed both sides where right now, officers would be vindicated for some of the things that they have been accused of and certainly if there were inappropriate actions, those would be captured. >> you overall -- >> i support them. >> how about you? >> -- into the budget for 2021. >> you will be having them? >> we will be having them. >> okay, good. reporter: the problem of police violence has been described as just a problem of a few bad apples repeatedly. >> you have to speak up, please. reporter: yes. the problem of police violence has been described by you as

just bad apples, a few bad apples, or people who choke occasionally. some african-american communities and a lot of others, actually, have said it's systemic. where do you stand on that? >> i don't believe that. no. i don't believe that. i think the police do an incredible job. i think you do have some bad apples. i think you would agree every once in awhile you will see something and you do have the other situation, too, where they are under this tremendous pressure and they don't handle it well. they call it choking. and it happens. no, but i don't believe that at all. i think i have met so many police, i have the endorsement of like so many, maybe everybody, frankly i think they're incredible people. they want to do the right thing. it's a tough job. it's a tough job. it's a dangerous job. but i have to say this to the police, the people of our country love you. you don't hear that. you don't hear it from them.

but the people of our country love you and respect it. you know it, you feel it in your heart or you wouldn't be doing it. or you wouldn't be doing it. but there's a great love. when they see what goes on and when they see a case like this where it's solved so quickly, they respect the police a lot. really a lot. you should hear it at least. reporter: to follow on that, we are focusing on violent actions but there have been countless non-violent protests here in wisconsin and across the country this summer. people calling for an end to systemic racism. do you believe systemic racism is a problem in this country? >> you know, you just keep getting back to the opposite subject. we should talk about the kind of violence that we have seen in portland and here and other places. it's tremendous violence. you always get to the other side, well, what do you think about this or that. the fact is that we have seen tremendous violence and we will put it out very very quickly if given the chance. that's what this is all about. yeah, i keep hearing about

peaceful protests. i hear it about everything. then i come into an area like this and i see the town is burned down. i mean, you look at minneapolis. they should have acted much quicker. when we got the national guard in there, it took literally a half an hour. you saw the scene. they formed, they walked, it was over. they haven't had a problem of any consequence since. their police weren't allowed to do the job that they could do. they have a very good police department but they weren't allowed. now they want to break it up. they want to end it. they don't want to have a police department. they don't want to defund, they want to get rid of it. it's ridiculous. i just say this. the kind of violence that i saw, you may have protesters, but you have some really bad people, too. you have anarchists and looters and rioters, you have all types, agitators. that's what you should be focusing on with your question. i keep hearing about peaceful

protests. it's become really, i think it's hit the media very badly, you have someone standing on one of the networks, i won't say which, but more than one, many of them, saying how it's a peaceful protest and over the shoulder you see the whole place is burning down. it's become a pretty common sight. so i don't view the peaceful protest. i think peaceful protesting is fantastic. i think it's great. by and large, this is not peaceful protest. when you walk into an area and you see buildings that have burned down and fortunately here, we stopped it early and so the damage is relatively minimal. but when you look at some of these areas that they just don't ask for the help, they refuse to allow us to go in and help them, and by the time you get there, the place is disintegrated, then they say it was a peaceful protest. it's not a peaceful protest and you shouldn't call it a peaceful protest. okay. one more, please.

say it again? reporter: the people -- >> you have to speak up. reporter: the peaceful protests that have happened, you have aj acknowledged some of them are peaceful, they are calling for structural change. mr. blake was shot seven times in the back. do you believe there is a need for structural change? what is your message -- >> i think people are calling for structural change and then you could take the people of kenosha that aren't here and that you won't see and that aren't protesting, but they want change also. they want to see law and order. that's the change they want. they want law and order. they want the police to be police. they want the police to do what they do better than anybody else in the world. that's what they want, too. you don't see them marching and you don't see them on the streets. but what they want is they want great police force. they want people that are going to keep them safe, where their houses aren't broken into, where they're not raped and murdered. that's what they want. and they are protesters, too,

but they don't want down the street, up and down the street. so you know, just the way it is. just the way it is. i want to thank you all. i will see you back at the plane. thank you very much. thank you. cheryl: okay. so president trump just wrapping up that roundtable with law enforcement in kenosha, wisconsin. talking about there were some questions from reporters asking him about peaceful protests and he said look, a lot of these protests are not peaceful and we have offered to help, the federal government has offered to help, he talked about seattle in particular. he said he's basically tired of watching what's happening in these american cities. he also said that, you know, he did not meet with the blake family but he did meet with their pastor which i didn't mention to all of you earlier. then there was a question about body cameras for police. he threw that to attorney general bill barr who said you know, basically these do seem to be beneficial. it's a local issue whether police wear body cams or not but it seems beneficial to law enforcement. real quickly to wrap up at the top of the hour, if you are just joining us, president trump is

giving a million to police in kenosha, wisconsin. he's also giving $4 million to help small businesses that are struggling there in the wake of these riots and protests. then also $42 million for public safety. all right. let's take a look at the markets real quick. dow is up 177. we are looking at the dow in positive territory for the year. s&p and nasdaq hitting new records. also we are watching netflix, not entering the upside down any time soon according to rbc. they are now forecasting the streaming giant's global subscribers could surpass 500 million by the next decade. rbc reiterating the outperform on the stock. right now it's up almost 5%, $25 gain for netflix. 70% gain since january 1 sst on this one. legendary investor and telecom media and tech titan leo hendery jr. here on the company he's driving into the street via the 2020spac wave.

that's next on "the claman countdown." [ sigh ] not gonna happen.

that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ]

hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call... for one thousand dollas off your walk-in bath plus a free kohler bidet seat with purchase.

cheryl: 3d printing company desktop metal the latest startup to announce a plan to go public through a merger deal with a special purpose acquisition company, otherwise known as a spac. the company's clients include 3m, google, bmw, has signed a merger agreement with a spac led by hps investment partners and legendary investor leo hendery, jr. joining me in a fox business exclusive is tech titan and chairman and chief executive officer, leo hendery, jr. great

to have you here. i'm glad to have you. so glad you're on the show. why desktop metal? why choose this company? >> we just have to look outside our window and realize the future is all about a company like desktop metal, whether it's electric vehicles, tesla and the other manufacturers, military aircraft, boeing aircraft. all of the new technologies are going to embrace what's called additive manufacturing. this was born as an industry called 3d printing. it was about printing trinkets, now you are talking about spaceships and aircraft, military aircraft and commercial, electric vehicles, heavy machinery, and we have had in this company an opportunity we looked far and long for, which was a company that had very high growth and opportunity ahead of it, some really proprietary technology and the

ceo and his team that have been together about four and a half years, just a superior management team which were the three objectives we set out when we started. cheryl: that's interesting but i do want to ask you the spac way of going public. this is becoming a new trend that we really have seen this year, kick in. why are we seeing this type of way to go public versus the traditional ipo? >> you know, i think there are three reasons. one is you can develop a cooperative relationship between the spac and the company that hopefully brings great value and the ipo alternative, it's a process, it's not a relationship. so we like to think we bring something of value from trine over to desk top metal. the other thing is it's quicker, much quicker by several months quicker. the third reason, in some ways the most compelling, is that you get to introduce the company to

a group of potential investors who quote, go over the wall. unlike in an ipo, you are allowed to sit down and go through the prospects of the company, go through its relationships and we find that very valuable in setting the value of the ultimate transaction. cheryl: it's really interesting. i wish we had more time. i'm here all week. come back if you want. we had president trump during the hour so i don't have a lot of time with you. but thank you very much for being here. it's great to see you. >> nice to be on with you. good luck to you. cheryl: thank you, sir. all right. well, we've got the clock ticking but chinese owned short video platform tiktok yet the announce whether it's actually going to accept a deal to be bought out. charlie gasparino has been following this story. what do we know? i guess no news yet, right? charlie: here's what we know, and listen, in my view, this could happen in five minutes from now, okay, so just be prepared. i mean, it's imminent they are going to announce something. or maybe they announce nothing. they can't get it through the

chinese government. here's the thing. from what we know, tiktok officials are lobbying the chinese government to allow this sale to go through. for all i know, the chinese government, i do not have sources in the chinese communist party. for all i know, they are saying no. remember, at first this was the trump administration saying tiktok had to sell because it's owned by a chinese company, bytedance, and they believe the bytedance was sharing user data with the xhichinese. no evidence but that started this whole crazy thing off. chinese government is now weighing in. they don't like to be one-upped. now they are putting up a stink on this possible sale to a u.s. company, oracle or microsoft. i think microsoft's in the lead but again, this thing is very fluid. so that's where we are right now. it's the tiktok officials, essentially the bytedance officials, going to the chinese government and i would just stay on top of this thing. if this happened the minute i got off the air today, i wouldn't be surprised.

okay. one other thing i want to do is steve cohen. lot of people are talking, as you know, he won the bid, he basically had exclusive talks to buy the new york mets. a lot of people, there is some whisper out there that because of his insider trading issues in the past, remember, he was never charged, his firm was and people at his firm were, he might be held up by the owners. i'm hearing from my baseball sources that the owners are likely to approve him. it's likely to come down to november. we are also hearing that he's also, he would like to buy sny, the mets' baseball station. this is another story. keep an eye on it. it's developing. but it seems highly unlikely steve cohen will get rejected by the owners. remember, he's basically bailed out baseball here. bid more than $2 billion for the mets in a year where everybody is losing money. okay? that's a big thing. plus, he was never charged on insider trading. plus, i can argue that insider trading is a b.s. crime anyway. we are not going to go there.

cheryl: yeah. we don't have time for that. the president ate up most of the show. keep us posted, please. i'm watching your twitter feed every day on this story. charlie gasparino, thank you very much. we are at session highs for the dow, up 172. dow in positive territory for the year again. we'll be right back. hi, this is margaret your dell technologies advisor to listen, is to hear more than what's being said... and offer the answers that make someone feel truly heard. i understand, let's get started call a dell technologies advisor today.

. . this is decision tech.

find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪. cheryl: the closing bell will be ringing in three minutes from now. the s&p 500, nasdaq, about to close a new record highs. welcome in mainstay capital management founder david kudlow. looking at these markets, first trading day of september, what say you? >> we're already off to a great start to the month. we had a record in august, the best august for the market since 1986. here we are off to a good start already and a great start for tech stocks with great showing

of the nasdaq here on the first day of september. melissa: i want too ask you about nasdaq, we had guests come on say tech will level off. particularly the online shopping craze we've seen during the pandemic, that will start to fade away a little bit. what do you say about that sector of the nasdaq? >> i don't think so. i think that what we've seen through the pandemic and the lockdowns is a permanent shift or at least a acceleration to e-commerce and online shopping. we saw incredible growth in amazon, a lot of the other companies that are specializing in e-commerce and online shopping. and you know, those people that had really embraced it were forced to during the lockdowns and i think that trend continues and we see that in the sales of those companies and certainly in appreciation of their stock prices. cheryl: what about the commodities space? we've seen gold go up, the

flight to safety, oil and weaker dollar, any thoughts how to play those indexes? >> yeah. specifically when we look at gold as an example, the precious metals in general but gold has been a great hedge in our portfolios for the downturn we saw earlier this year back in february or march, but there is a secular arguement for gold and commodities in general with the depreciation of the dollar and with jerome powell's speech last week with letting inflation run with average inflation rate of 2% over the cycle or lefting it run above their previous target of 2%. commodities, hard assets, precious metals stand to do better. we'll see the dollar which reached another new multiyear low, or multi-month low, 27-month low here again yesterday and today. we are seeing that precious metals, hard assets will continue to do develop in this

environment. certainly includes gold. cheryl: september 1st, david, thank you very much. as the bells ring record run continuing for s&p 500 and nasdaq. first trading day in september. [closing bell rings] the you see the dow in positive territory. connell mcshane, melissa francis. connell: pick it up for "after the bell." melissa: kicking off september with records on wall street. all three major averages ending in the green, the s&p 500, the nasdaq closing at new highs, whoo-hoo. as president trump just wraps up a roundtable with law enforcement in kenosha, wisconsin, amid unrest there. i'm melissa francis. hey, connell. connell: i'm connell mcshane. hey there, melissa. welcome, everybody, to "after the bell." nice to be with you. nice close into the highs of the session. we'll talk all about that. the president in wisconsin, we have fox business team coverage set off the bat with grady trimble on the ground in no