right here in america. because when you buy something made in america...we all win. weathertech. ♪. stuart: you may recall i had a hard time segueing from the trump indictment and the arraignment all the way to this question, in which country did the easter bunny originate? mike murphy. >> you didn't know it. not u.k. italy. stuart: lauren. >> said same thing, wasn't u.k. germany. stuart: i say u.k. the answer is germany? earliest mention in german folklore. the easter bunny didn't appear in america until 1757. thanks everybody for coming. thank you for staying the entire hour. >> thank you. >> "coast to coast" starts right now. neil: on this day history likely to be made a lot of selling at

the corner of wall and broad having nothing to do with one donald j. trump, the first american president, ex, or otherwise to be indicted on multiple criminal count but more to do with slowing economy has many people saying wait a minute, we've got some problems ahead. in fact we had such slow numbers on factory orders, job openings, suddenly falling in a desperate bid to get a job when you still can, treasury notes, bond yields have been collapsing. we'll get into that in a second. but the drama certainly is in downtown new york for the big arraignment later on today. lydia hu is there at the new york supreme court where all of that is going to go down. lydia what does it looks like there? >> reporter: neil, let me catch you up on the latest scene because police and local anothers are real stepping up security now as we're only hours away from the former president's appearance here at the criminal court which is just behind me. his arraignment scheduled for

2:15. we got word nypd is working to shut off surrounding street to the courthouse to both pedestrian and vehicle traffic. they're adding more barricades to restrict flow of pedestrians and traffic in around the courthouse. the other thing happening right now, you can see the courthouse behind me, but on the other side of our camera there is a group of protesters that gathered throughout the morning. started off roughly several hundred. i would estimate hard to see entire scale of the crowd. looks like the crowd could be approaching a thousand or thousands. a big mix of protesters who are protesting the indictment of the former president and counterprotesters as well who are expressing their support of the indictment and this process that is going to unfold today. i should also note a large some of the folks are here are media, that are covering this event. so they are not all protesters or counterprotesters. we should be seeing former president donald trump's

departure from trump tower here shortly. he will make his way over to the manhattan criminal court which i said is just behind me. one thing that is interesting, neil, is that we've not even completed his first appearance here before the supreme court justice where he is expected to enter a plea of not guilty. already we're hearing from trump on truth social. he is calling for a change of venue, writing on truth social about this case having been filed here in manhattan, he says quote, very unfair venue with some areas that voted 1% republican. this case should be moved to nearby staten island would be a very fair and secure location for the trial. to give your viewers context here, neil, staten island is a borough far more republican and red, in fact, more than 57% of the voters voted for trump in the 2020 election on staten island. compare that to 11% of the ballots cast here in manhattan. that is according to local news

reports. moving forward throughout the rest of the afternoon, neil, the judge here, justice marshawn, he rejected requests from the media to include a live camera inside of the courtroom durr the arraignment. that is consistent with what trump legal defense team wanted. they did not want cameras in the courtroom. there will be still photography and there will be cameras, video cameras in the hallway. there are reports that the former president is planning to speak to those cameras in the hallway both before and immediately after the arraignment. so we'll be standing by to get any comments that he shares at those moments. one thing that could impact those plans? the possibility, some say likelihood we'll have a gag order that will restrain possibly trump, possibly both parties, d.a.'s office as well from discussing this case in a public forum. absent a gag order we have expectations to hear from

district attorney alvin bragg this afternoon after the arraignment as well as former president donald trump back in his home state of florida. he is expected to address his supporters from mar-a-lago in the 8:00 hour. neil, send it back to you. neil: thank you for that, lydia hu. i want to go to bob barr, potential of a gag order. house manager, clinton impeachment trial. bob, great to have you. if you don't mind i would like to pursue this gag order possibility. it seems remote. i guess it could happen, it would mean the former president couldn't speak to the media at all, but by extension would that apply, again if it were to come am paining for president of the united states as he is, and he has been for sometime? >> of course nothing about this case is usual and that includes your question about a gag order. normally in a case in which the parties or one of the parties

speaks improperly about a case, can be subject to a gag order. in this case you run right up against the political aspects of this with a presidential candidate, but a judge has tremendous leeway in crafting a gag order to be very specific, not prohibiting the parties from discussing the case itself but discussing particular aspects of the case and i think if the judge were to do that, it probably would with stand constitutional muster. neil: does it apply to alvin bragg? he is planning to speak to reporters we're told, bob, after this whole affair ends day. would it a apply to him as well? >> i suspect it would probably would. the judge in this case would want to bend over backwards to appear to be fair to both sides

so it probably would apply to the district attorney. now again it wouldn't prohibit the district attorney from saying anything about the case. the public has a right to know and the courts understand that so it would simply mean that aspects of the case, the proceedings, themselves could not be commented on by either party but both parties could speak generally about the case perhaps. neil: i'm just wondering where you think this goes? you were handling the clinton impeachment trial. of course that started with looking at a variety of land deals and real estate transactions bill and hillary clinton going back to his days as governor, candidate for governor. it veered into a whole number of other issues. a lot of people are focused on the 34 counts around this supposedly focused attack on what the president did and as a candidate for president did to pay off a porn star or pay off

other women but the far more worrisome cases for him are what happened in georgia, whether he overinvolved himself in the recount there, classified documents, the january 6th assault on the capitol, this isn't it so what do you make of it? >> i think this case probably will go in a completely different direction than the other two cases that you did mention. the mar-a-lago potential obstruction case down there to me is the most serious and has the most substance to it but this case in new york, even though publicly it seems to be focused on just one payoff, there are, there is at least one other payment to a former "playboy" bunny i recall or playmate of the year, some nonsense and it really could be problematic for mr. trump if in fact the district attorney is able to link together a series

of communications that even continued during the time that trump was president. that would make it very problematic for mr. trump to simply slide away from this. neil: you know the judge involved in this case, judge merkin, the same judge involved in that trump organization business case resulted in the former president's cfo going off to scale for four months. i'm wondering though, whether that is something that the former president could argue shows not only the venue being unfair but the guy handling it being unfair? >> i don't think that would really convince the courts in new york, nor should it. i suspect this case is being handled by the judge that handled the trump organization as a related case, which is standard procedure where you have a judge that is handling one issue but there is a related

defendant or related issues and those would be assigned to the same judge so i don't think that trying to remove this judge on that ground would be successful. neil: bob, this last question will be more political than anything else but you lived through a number of these in the past involving presidents, former president. i'm just wondering where do you see this going and whether whatever you know boost donald trump has had in the polls, that the drip, drip nature of not only this case but maybe other cases to follow will force him out of the race? do you see that? >> i, it is difficult with mr. trump who seems to feed off of the publicity whether it is good, bad or indifferent. if it relates to him he loves it but i think that if in fact we see, this is a big if, one or two other indictments coming

down, particularly a federal indictment out of the mar-a-lago potential obstruction case, i think it would be very difficult for mr. trump to continue and pretend that everything is hunky-dory and he is a candidate and is going to move forward. so i think, i think that would be a real problem for the trump campaign and for the american people. neil: we'll watch it closely. bob barr, thank you for taking time. very good to see you again. >> thank you. neil: all right, bob barr on that one. want to go to geraldo rivera for a number of reasons. he is a smart guy but he has lived a lot of history. i don't moan to say that means he is old but like me he lived a lot of history. >> i am. neil: my friend, when we talk about other great crises, more involving sitting presidents like richard nixon through watergate or the bill clinton situation, this is very different, concern as former

president, but he wants to president again, so it gets scrutiny it does. how do you think it falls out, both of those cases think of nixon, later clinton, though different they were, the public initially shrugged the collective soldiers how much impact they have. they would later find out we would have significant impact. we just didn't see it at the time. what do you think now? >> well, i think the richard nixon history was really epic, neil. you had a situation where he was on the verge of being indicted for multiple counts of criminal activity following you know the threats to impeach him. that's why he resigned but more importantly that's why gerald ford when he succeeded nixon pardoned him. i would love president biden to pardon president trump right now. do it now. do it to heal the country. these are not significant

criminal charges coming up in manhattan. these are related to a 17-year-old liaison with a porn star that this office, under the previous district attorney, cyrus vance passed on, or paused on. the federal prosecutors similarly reviewed all of this evidence and decided not to prosecute. for this particular district attorney, alvin bragg, at this particular time to bring this specific action is farcical. these are chump charges. i broke with president trump over january 6th and his activities leading up to january 6th. i thought that what he did was un-american and very, very dangerous but that has been reviewed. this is not about that. they chose not to criminally charge him on that. he was impeached for that. i think now to have a local district attorney from the opposing political party in a

place that is very, very unfair, the borough of manhattan for president trump where he is very, very unpopular to be tried before a jury, this is not a jury of his peers. this will be a jury of trump haters. i'm really very troubled by the fact that this is trivializing the criminal justice system. it is mashing it up with a bunch of politics and i, i think donald trump should not be the object of sympathy right now. he should be the object of scorn and to see the way this is going down is troubling to me, neil. neil: all right. i want to go back to the beginning of what you said because my first question to you then would be how much were you drinking when you came up with this idea that joe biden would even consider pardoning

donald trump on this matter? >> well, neil, you know me well enough to know that that might have been the facts that initiateed my pollyanna thinking but wouldn't it be nice to heal the national divide, to change the conversation, to say we're not going to play around anymore. biden say beat us on issues. neil: would that be a blanket pardon? would it be for this issue or ones to come? there is still an investigation into his role on january 6. there is it still an investigation into the georgia recount, whether he interfered with that. still an investigation into these classified documents. would your pardon you envisioned coming from joe biden address all of these? or would it be just this? >> since i am dreaming, daydreaming about what a wonderful, what a wonderful result would be i would have the

pardon be as broad as it was from president ford to richard nixon. any and all of these activities. i believe when taken in sum these alleged crimes committed by president trump allegedly don't amount to a hill of beans. what are they? the mar-a-lago document raid. what about does that now mean president biden will be subjected to criminal charges for his documents or vice president pence? these are, presidents routinely they steal, they pilfer, they put in their pockets, they forget, they package, they wanted a souvenir at home. it was a baloney charge it was a baloney raid on a home of a former president never done before. neil: i hear where you're coming from but what would joe biden get pardoning him? you want him to offer a pound of flesh, donald trump i won't run

for president, that is the at this the tit-for-tat if he doesn't run. >> that would be a pretty big give. neil: why would the president do that, why would the president do that when there is a lot of cynical views out there that joe biden would actually want to run against donald trump or at least could beat him or other big-name republican candidates, at least he is the one his people feel could beat, why would he do that? >> you're trying to confuse my idealistic dream with facts, and harsh reality why it would never happen. i intended that gambit to stir some thinking, maybe there is another way. for example, now you have a local democratic district attorney, a prosecutor in one county in america going after someone from the opposing party. what happens when, well he did something in georgia?

he did something in florida. he did something, you know, on his plane. you know, willow call prosecutors be empowered now to go after opposing political leaders in the opposite party because now the democrats have broken the ice, now this local democrat activist prosecutor, who is presiding over a borough that is being consumed by the anarchy and violence of lax law enforcement, now he has done this. now the dam is broken. now every local prosecutor in every county where a purported offense has happened from a leader, there is a reason why no former president has been indicted. now you mish up criminal law with politics. the result you get this kind of a spectacle. where he flies his big jet into new york. he has a motorcade four miles

down to the criminal court. i worked in that building. this is going to be something they will be buzzing about for general -- generations. this is bad, neil, i want him to be pardoned for people to know this is not appropriate. this is gratuitous. this is spiteful. you know, they will never get a change ever venue to staten island for exactly reasons i sight. staten island is republican borough. manhattan is a democrat borough. they want every possible advantage the prosecutors. this will not be heard in the ordinary course of business. this will muck up the dialogue in this country for the year it takes for this thing to be resolved and then you have the appeals on top of that. this will linger forever. it is a mistake. it was, it was a gratuitous grandstanding by this prosecutor. i wish it never happened. now that it has, we have at least all of this programing for

cable news for a year. there will be motorcades and arraignments and you know other leaders will be indicted and so forth this is baloney, neil. neil: got it. all right, i'm just going to take a leap here, geraldo, put you down as a maybe on the validity of this particular case but it was great seeing. >> you thanks. neil: geraldo rivera speaks his mind. by the way has a heart as big as any borough in manhattan and then some. meantime taking a look at stocks selling it off. i'm talkcalling it the geraldo effect. he speaks, stokes tank. not really. more on concerns about recession. we'll fill you in after this.

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snow. neil: we talk about downtown new york, not too far from there is the new york stock exchange. we have a selloff going on. peter tuchman where you will find him at that new york stock exchange, what he makes of all the big fuss, not too far from where he stands right now. peter, the whole trump stuff i understand is just noise to the markets. i know they sometimes get fixated on it, pops up on a screen here or there but by and large it is really about the economy right now.

it is about some of these latest data out that point to fears of a recession i guess but how do you define what is happening? >> to be perfectly honest i'm looking around it on the tv they're not following that story. it's big story. part of the news cycle as i heard geraldo was ranting, raving about it, at the end of the day doesn't put money in my pocket. whatever goes on with the motorcade a very oj experience in my view. we have a lot going on here. i'm a bit surprised we're not focused what is going on. the fact we were not invited to this party going on with the saudis, iran, iraq, russia and china, i think that is significant, what is going on with the dollar and the fact we're no longer the currency of choice worldwide is a big deal obviously some numbers pointing to a possible recession a big deal. and jamie dimon's letter discussing the fact that this

banking crisis is still not over. at the end of the day perhaps regulation, more regulation is not the answer to really uncover or to identify where the problems lie in this situation, to prevent it from happening again, obviously our goal. looking under the hood and really finding out that within an environment of raising interest rates, what are the other banks doing? where are the other investments within the banking community? are there more problems to come? neil: you know, peter, it is interesting, it is very true. as you're speaking we're focusing on stocks selling off but treasury yields are dropping like a stone. a 10-year at 3.34. the two-year, at two year lows. what's going on? is that the market's way of telling you they see a big slowdown coming or worse? >> you know what? it is really hard to know. i think from one day to next, this is a, this is like 1000

piece jigsaw puzzle going on. i think there is a lot going on globally. yesterday's rally in oil was a big deal. it was a 6% rally off the lows of about 70 bucks the other day. obviously that is and inflation story yet to unfold. we're not even talking about it. we're watching the motorcade. we're not focusing what is going on with the dollar, relative to the fact that, you know, the four second and fifth largest powers within the world are talking about the fact that the dollar is no longer will be the currency of choice. there is suddenly a huge global economic party going on we don't have a place at that table any longer. i think the market, i love the fact the market tells us what it thinks about the information. yes the story about trump is significant in the, within the news cycle. it is not at all significant to what is going on in the market. it is not putting money in your or mine pocket. i think it is important we focus on what jamie dimon said. we do focus on letting this banking crisis, look, that

cycle, news cycle story about banks came in with a big storm and left just as quickly and i kind of agree with him in a lot of ways i still think there is still a lot more to this story we don't know. look how it is unfolding within the credit suisse story and ubs. neil: right. >> how ubs needed a 100 billion-dollar backstop from the government to do a take-under of credit suisse, the exposure, the colate collateral damage we may see in the regional banks in the coming months. i think that story should be front and center what is happening with the dollar and treasurys and yields' opposed to the focus on the motorcade. neil: maybe we'll split screen, peter, show the selloff and show the motorcade. get your opinion, peter, what jamie dimon find interesting, that this bank situation is years long type of phenomenon. it is not going away.

the dollar alternative thing countries are rallying around, is it like a boy who cried wolf. we to little avail. at this time they might be able to craft an alternative currency or basket of currencies to take on the dollar that would be very bad for us? >> i kind of think it will. it seems like everyone is vying for some kind of a position. obviously our relationships with saudi arabia is fractured at best. i heard news yesterday that we are no longer friends status. obviously we're going through cone flown stations with china -- confrontations with covid whether covid or economic things, what not. this roundtable going on a couple of days not come into our news cycle at all is positioning for power within their relationships to the u.s. this is an ever unfolding story. this is something we need to address. i don't know the answer to it. i don't know how it looks.

look at the end of the day we are still the greatest. i think we need to establish and raise ourselves up around that kind of story but look, the selloff, you know, this morning we came in the market was. we sold off midday. this market can engage little bits of news, run with it when we're not really sure what the news cycle is. anyway, i think the banking story needs to be given a little more time before we send it on its way. neil: got it, my friend. stay you. stay you. peter tuchman, one of the most iconic, smartest financial minds i know. been through one or two crises. this too shall pass. we'll have more after this. so people think they're open. surprise. [ laughs ] [ horn honks, muffled talking ] -can't hear you, jerry. -sorry. uh, yeah, can we get a system

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♪. neil: all right, naturally we are focused on this arraignment going down today, the first time a former u.s. president has been

indicted. this is a 34-couldn't indictment we are told. but if my next guest is right, rarely wrong i might point out, step back to look at the bigger picture here. maybe the other cases are to follow. things have a way of changing. sol wisenberg knows what he speaks, former whitewater deputy independent counsel. so very good to have you back with us. >> thanks for having me. neil: let me get your sense of the lay of the land, first on this case, this arraignment. then we can get into some of these other cases that could be pending, investigations into the january 6th, you know, sought on the capitol or the georgia recount or classified documents but this one in particular, where do you see it going? >> well, keep in mind as many of your guests have said today and on previous days this is precedent shattering. it has never happened before that a president or ex-president has been indicted, particularly

not really striking that it is by a local d.a. so, the first question i would ask is, is sitting serious? few of us would disagree if a former president committed murder or a rape or a major embezzlent they should not be immune from prosecution, nobody is above the law but if it is something that turns out to be factually, legally weak, procedurally, substantively weak, i think it will be a terrible, terrible precedent and will open the floodgates to every offbeat, nutty politically extreme local, extremist local prosecutor in the country, attention grabbers to potentially do it to you or your candidate. i think that is a very, very dangerous thing to be happening. neil: 34 counts of this we're told. i guess we'll get details.

what could drive them up so high and could there be something here of which we're not aware that could surpise us? >> there could absolutely something of which we're not aware, which might be a reason for the delay. the public announcement and then the delay before the indictment unsealed. i would say, i would not focus on the number of counts. as i said before it is easy for a prosecutor to gin up an indictment with a number about count the. we see that in wire fraud, mail fraud prosecutions all the time. the thing to look for what is the substance behind the charges? remember what we've talked about is, the falseification of business records statute is normally a misdemeanor in new york state. it's misdemeanor with a two-year statute of limitations. it is elevated to a felony if you enter the false records in

an effort to cover up another crime. the question is what is that other crime? if it turns out to be a campaign finance violation that will be very dubious and very weak for reasons that a number of people talked about but it could be something else, neil. it could be a state tax crime, but again i would look at the substance. is this something that is not typically prosecuted? is this a tax submission or false tax entry that would not be material? so, look behind, look behind the facade. look to see substantively, what are they charging this man with, would it be a reach to charge donald trump? would this normal individual many years after the fact, be he a president or not be charged with this? keep your eye on the ball, that is what i would say. neil: good advice, thank you very, very much. we'll know exactly where that

ball will ultimately bounce in about an hour 45 minutes when the arraignment goes down, details of those charges as sol just said become apparent to all. whether they are apparent, valid charges that would be in the eye of the beholder i guess. meantime keeping you posted on other developments today, not all centered on this, not all centered on a selloff of corner of wall and broad but a big election in the chicago today for the next mayor. what is at stake with giano caldwell after this.

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♪ neil: big mayoral election going on in chicago. a lot of residents concerned about crime, closely watching. businesses many whom left or staffs watching very closely on all of this. giano caldwell, probably most important of all watching all of this. he joins us now. this is make-or-break day there, what do you think? >> well, i'm hopeful that

chicago anns make the right choice. 62% violent crime increase is up. businesses relocated, citadel being one of them. think about people like terry duffy, the ceo of cme group where multibillion-dollar company, his wife gets robbed at 3:00 p.m. in the afternoon. the entire city has been under siege. it is not the low income areas where mostly black people live which has been plagued with crime for decades this is all of chicago. just on saturday, multiple armed robberies in places like lincoln park, it is a very prominent area with folks with a lot of money. this has gotten disgusting and my hope and prayer, paul vallow not a centrist, not a republican, that he believes law and order is central. if brandon johnson wins, i'm

fearful, i don't even like to use that word fearful, we could see an increase, even greater increase in violent crime across the city of chicago. neil: one thing johnson narrowed the gap in the polls. maybe because of some political stumbles on the part of the guy you prefer but i'm wondering, given all the crime, the other focus you would think that it would be a runaway here. let's say it's not, what then? >> yeah. to your point i think it would be a runaway. this is a number one issue for all chicagoans over the last 20 years. majority of them believe this is the number issue for them. specifically experiences with crime on some sort of a level. if it isn't, just try for more christians to be honest. my baby brother was murdered on june 24th in chicago. this particular guy, brandon johnson, supported defunding the place. he supported those who riots and

looted in the city of chicago. this guy would be proser worse than lori lightfoot nobody could believe that is possible. he is supported by bernie sanders and elizabeth warren, activists who said he would be the right guy for the job. chicago, i pray, i beg, do not elect this man to be the next mayor of chicago, brandon johnson. there is literally only one candidate who seemingly and i say cautiously optimistic because we all had high hopes for the new york mayor, mayor adams come with mixed results but this is the only guy who seems like he is talking with a little bit of sense and that is where we need to be. no more allowing criminals to run the city of chicago and with brandon johnson, that is exactly what we would get, him lockstep with kim fox who he has praised.

neil: we'll watch very closely t could be a tight race. hard to say. but they're voting right now. we'll see what happens. thank you very much, good seeing you again my friend. >> thank you for having me, neil, always. neil: all right. giano caldwell meanwhile go to jackie deangelis right now as the selloff ease as little bit, down 265 points. what do you have coming up on "the big money show," jackie. jackie: neil, we'll watch for any moves president trump makes as he head downtowns for the 2:15 p.m. arraignment. he said he may make remarks. when he does we'll bring them to you. the markets are a taking a little bit of a turn south during the session. we'll talk about what is causing a change in tone. all at 1:00 p.m. eastern hour time. more "coast to coast" after this. ♪.

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♪. neil: you know, would be a good time to take sort of a personal look what is going on donald trump today. for that a friend of his of course, guided him on some economic matters, was very helpful on tax cuts and the rest, all the way back to ronald reagan. art laffer, you know him. art, someone who is a friend of

the former president. has been with him on a lot of causes he led as president, that is what i want to get into with you first. how do you feel about all of this? >> well, i think, i think what president tum as president on economics excellent. warp speed, transparency, the tax bill, mean deregulation all of that was wonderful. i don't know anything about these types of issues, neil. this is not my turf by any means but what is happening right now, i think this really plays into as well what you had with gianno chicago plays in very, very much, what does the future look like with regard to economics, politics and the election? and you know with biden doing what he is doing, with the fed increasing its balance sheet dramatically, with the million barrels of oil being withdrawn from the marketplace by opec, all of that leads me to believe there is much higher risk for inflation in the near term, bank failures in the near term and

the economy is just a critical issue for the next election, i think, and it is biden's to lose. he seems to be doing a very good job trying to lose it. >> you know, there is all the machiavellian want talk out there, art, democrats maybe up to joe biden himself like what is happening in lower manhattan, because it does gather sympathy and support for donald trump in the republican party. he is the nominee. they think he is the nominee they can beat. what do you make of that? >> i don't really know whether he is the nominee they can beat. depends on what biden does. biden is the president. if the economy were performing beautifully going into the election it would be very, very hard for anyone to beat biden, that's true and i don't think it is issue of trump versus desantis, versus glenn youngkin, versus ted cruz. i don't think that is an issue. biden has to do an opening. where we need to look at is the

republican primary, who the candidate will be to take advantage of a biden collapse if that happens and i don't know how this affects primaries to be honest, i just don't but the way trump won it in 2016 getting all of that support. he won it then. you know, i don't know how it will roll out this time. neil: you know ultimately -- >> what is your responseany, i have no idea. i just read a prompter. i have no idea. >> i don't either. neil: there was a time though, right, that everyone thought ronald reagan was unelectable. he went up against jimmy carter, who had an awful time, economy was imploding and everything else. all of sudden he was electable, landslide electable. >> exactly. neil: the incumbent who decides it, right? >> every major election is a referendum on the incumbent. that is what it is. if it hadn't been for covid-19 i

think trump would have been reelected with a large majority but covid-19 did hit. trump got nailed on that. biden took office. in the same sense, the second election for ronald reagan was reagan's to lose. in 1984 he won 49 states because he did a darn good job on economy. in 88, it was reagan's to lose. he did a great job. got george herbert walker bush, who then messed things up. by 1992, it became bush's to lose he lost. bill clinton came in, did a very good job, he won re-election as well. so you know you're watching elections come through. i think the general election is really biden's to win or lose. so far he is not doing a good job, my view of the world. whoever the republican candidate is, that person will take the reins of government if biden doesn't do a good job. that will be interesting to see. we need good economics now, neil, more than ever before. now is the time.

what an exciting today is with chicago and trump thing. does it ever get more interesting than all of this stuff? neil: a lot going on. >> just amazing how much going on. it is just incredible how much is going on. i have never seen anything like it. i'm the oldest person on earth, neil. neil: i don't know if you know this, starbucks is bringing back the pumpkin latte. so, hello, it's big day. >> there you go. hello. neil: there you go. >> wonderful to see you, neil. neil: my great friend, art laffer. he is right. we focus on races and lose sight of the fact it is up to the incumbent. things going well for the incumbent, generally gets in. things going poorly, he generally gets tossed out. more after this. ♪.

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you can't buy great conversations, or excuses to unplug.

you can't buy possibilities, and you can't buy moments that matter. but you can invest in them. at t. rowe price we believe your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price, invest with confidence. adam: neil: interest rates rapidly declining, two year, 4%, 10 year, 3.34%. normally rates go down, people buying up treasury notes and bonds, potentially worse factory orders, third time in four months. now to "the big money show".