tv Cavuto Coast to Coast FOX Business July 3, 2023 12:00pm-1:00pm EDT
12:00 pm
ashley: earlier we asked who was the first president to host a fourth of july celebration at the white house. lydia? >> thomas jefferson. i know he lived in monticello but maybe before he moved there. >> john adams, i have no idea why i heard a shout out from madison and the answer is thomas jefferson, well done, not just monticello. in 1801 he opened the house to guest and held a festival with horseracing, parades and refreshments he did it big. 15 seconds, any fourth of july plans? >> fireworks. >> and hamburgers and hotdogs and you name it. enjoy, that's it for "varney & company". "coast to coast" starts now.
12:01 pm
>> welcome to cavuto "coast to coast", happy monday i am not neil cavuto, i am edward lawrence, neil cavuto is taking time off or the fourth of july holiday. treasury secretary gn at yellen leaving for china to discuss global challenges. this is the head of the cia warns against decoupling from beijing former white house omb director is here, thank you. i wanted to ask you about the trip itself. this come comes on the heel of anthony blinken going to china there were deliverables from the meeting from the secretary of state now the treasury senior official telling me for this meeting they don't expect any significant breakthroughs. why did the high-level u.s. officials keep going and not get anything in return? >> they want to assure china the economic integration is going to keep going forward. we can have a debate in the
12:02 pm
country about the extent of global integration about whether actual decoupling or what the europeans have put forward with the d risking in decoupling is a bad word in china indiana yellen is going over there to plant a flag on behalf of the semitic street and that they are not for those that want to ensure businesses when they make a decision are going to make it here and the western hemisphere or in facilities of china expanding their businesses there, i think that is why she is going to plant a flag firmly. >> the flag has been planted in, the senior treasury official tells me they expect to ask for more market access when going forward it seems like the going forward with step one u.s. has a phase one trade deal in black and white and opened its market and how we get protection of intellectual property, why are we starting at ground zero it
12:03 pm
seems again. >> the problem with this administration with the deal is showing that they don't want to be on the track they want to be on a path to say everything is good were going to go forward and we may have to do some things around the edges to say were taking a hard line with regard to china but don't worry behind closed doors janet yellen is here to tell you that everything is moving forward if you are a business considering doing business with china, keep going forward the last 20 years, the gravy train is firmly in place. >> doesn't that slow walk what the american companies have asked and lead. >> from the standpoint the way the chinese economy in the communist party has hurt businesses and the result businesses have not been able to have the protection of the united states. those kinds of hard chunky steps are not going to be able to go forward in regard to policy changes ever get to see the last
12:04 pm
20 years moving forward. edward: how would you handle the chinese at this point? >> aggressive economic decoupling i would send the signal far and wide that were not going to take policy changes, working in system policy changes that make it very, very hard for companies to continue to do business in china. working to bring this home to american shores and be able to confront china militarily and that does not mean you overturn things like strategic ambiguity but when it comes to does the chinese government no lab united states military that is prepared to confront them and able to confront them, that is something that should be done. edward: taking the steps that would bring china to the table and you can negotiate from there you're not saying actually do it, you're saying we need to start doing and start threatening and then we can talk about truly making change. >> i think there are economic and national security steps that should be taken. under our administration we took steps against huawei, we had not
12:05 pm
done that with regard to tiktok, that should not be a negotiation that should be done unilaterally and china can react and say do we want to go down the road. there is a communist party regime i don't think robert avina situation where we can trust her companies could do business in their country with the business secrets violated and taken away. this is something long-term even if china decides there to be less military aggressive to their neighbor. edward: and the last 30 seconds are we coming to this from a position of strength. >> anytime redoing negotiation from the purpose of negotiations so you feel the need that you need to go and make a speech against your interest in saying that decoupling is on the american interest. every time you do that you're approaching it from weakness. there is a reason why anthony blinken had a hard time getting president xi's visit.
12:06 pm
janet yellen doesn't sound like she's aiming that high. this is being done from a position of weakness. >> thank you very much in your experience and expertise, this debate will continue. meanwhile the u.s. supreme court is striking down president biden's plan to forgive $440 billion in student loans you may remember the president ordered the department of education to accept applications and preapproved student loan forgiveness for 16 million students, those were preapproved on friday after the decision, i asked the deputy director of the economic council at the plan amounted to political pressure and a waste of government money and he said no, but i pressed. >> unfortunately the lower court stepped in before we can actually take the final step and discharged debt for approved borrowers. >> when the court process was happening. >> we did not know when they did
12:07 pm
debt relief that was an open question at the time, we had an obligation to borrowers to keep moving as long as we legally cut. >> they kept moving, grady trimble at the white house, we will not see the president today but is he letting the courts have the final say on this? >> no, he is gearing up for plan b, the president's new plan to tackle student loan forgiveness is twofold, number one is going to create an on-ramp for those who are going to have to start paying their student loans again in the second part of the plan will be working behind the scenes and canceling student loan debt. the interest will start accruing on student loans again in a couple of months september 1, borrowers will have to start payments once again in october. if they miss a payment or multiple payments in the next year president biden says their credit won't take a hit right away. at the same time the white house
12:08 pm
is working on a new plan to cancel student debt using another law, the higher education act of 1965. >> we will ground the new approach in a different law than my original plan, the new path is legally sound and will take longer but in my view to provide many burros as possible with debt relief. >> some progressives like alexandria ocasio-cortez argued the biden administration should go further causing interest on student loans over the next year during the on-ramp. , republicans on the other hand say president biden student debt forgiveness plan was always unfair and would've made inflation worse and have more to do with politics than actually solving the problem. >> he did not have the authority to do this, now he's going to do something else and he is giving false promise. you know what is wrong to expect 100 million americans who did
12:09 pm
not have the opportunity to go to college to pay for those that did go to college. >> ears with the committee for responsible federal budget said it's time to put the costly cancellation schemes behind us, too much time has been wasted on empty promises and not enough time has been spent on making sure borrowers are prepared to begin making payments again, they also say the decision by the supreme court will help reduce the deficit this year by $400 billion. >> thank you grady, don't get too comfortable, i am coming back. let's begin washington examiner's sarah bedford, this is a campaign promise for the president. the actual ruling and what it means let's talk politics, visit decision help, the reason i ask this he's looking at a role process with the higher education act that will significantly take a lot of time pushing into next year, it could
12:10 pm
possibly come into place with early voting starts in the court challenges would be after the presidential election. it comes down to the president gives the support from the college voters but what a court ruling would be, is in politics? >> is seen were valuable to the biden administration as a talking point then an actual program, this is the exact playbook the divided ministry should be in before the midterms, they pitch this before the midterms to get the college voters for congressional democrats they wanted nothing to do with it biden did it because congress would and all the while realizing how susceptible the structure was to court challenge i think the higher education is potentially more vulnerable but like you mentioned biden doesn't necessarily care if he gets into the next election. >> no one seemed surprised with the supreme court decision, why not? >> i think the legal and
12:11 pm
mechanism that the biden administration used a 2003 law to help military personnel deployed to the middle east, already this was a generous reading of the statute biden himself had said before the 2020 election canceling student that wasn't something the president could do, nancy pelosi said his concept of the president can do on his own. congress is the only body that has the authority to do this there is a reason congress hasn't, it is not popular with blue-collar workers and it's not popular with white-collar workers who paid off their loans there is a narrow strip of americans who benefit from this and supported politically and that is who biden is targeting. >> the courts have come down clearly on separation of power that's what this is about you go back to the rulings from the end of last year from the epa the clean water act, the separation of power is key for the supreme court. this particular president over grabbing, overreaching or do all
12:12 pm
present is push the envelope like this. >> even republican presidents are guilty trying to push the power of the pen further than the founding fathers envisioned. i think the difference we have a conservative super majority on the court right now that wasn't necessarily interested in checking the executive power before, a lot of liberals are interpreting as a supreme court going to work on the government but we just have justices in a more originalist vision and interested in restoring them. >> keep the powers separately executive branch, judicial branch. thank you for your time on this holiday weekend have a great july 4. >> we are in the final hour of the markets because of the fourth of july holiday, stocks are flat to begin the second half of the year just up a little bit. financial chief strategist. leavy joins us now, let's talk about the markets we saw an unexpected first-half semi rally so to speak. as the economy actually slowing?
12:13 pm
>> good to see you. it is tough to say. you have labor market data on the surface looks pretty darn good but you gotta remember it is lagging and lumpy and a lot of ways it's flawed a jump 3% to 3.7% in may the highest since 2010 if you strike out the pandemic. there is things happening underneath. another thing we are looking at that is baffling me and it's scaring me a lot of employment that the surveys are going out to the business owners they are not looking so hot. the other thing on the top line a lot of hiring happening but not a lot of hours being worked so folks are getting hired maybe getting hired part-time and often fully their hours in the wage increase, from that perspective that is a consumer that's where i see the holes and what makes it. >> some cracks underneath the
12:14 pm
good numbers that we've been seen which is showing the gr growth. i'm curious what sectors you believe in the second half will do well with the uncertainty in the layer of cracks that you are seeing. >> were always seeing this, high quality stuff, long-duration government bonds, treasuries and we see a little bit of movement in the safe haven, when markets are rallying, these bonds should be rallying either but i think they will continue to do well good time to buy bonds in certain tech names, i'm a little iffy with that. i think we'll see a flight to quality i'm a little more bearish in the back half towards the winter, right now again traders are optimistic, it's all depend on the fed and more economic data that rules out. >> in the last 15 seconds that we have, when you say the tech names are you looking at a.i.
12:15 pm
tech names or just tech in general, what names are you looking at. >> again i think truly a.i. sector names i still like alphabet and amazon and i still like apple unbelievably but they've gotta be a.i. centric and don't get caught in the.com bubble, stay focused and make sure that they have a real business that revolves around a.i. that can thrive. >> i appreciate i know where to keep my money, thank you very much. coming up talking about tesla rally ev with a record number of cars in the second quarter we will look how this company continues to deny the naysayers. stay with us. ♪
12:16 pm
what do we always say, son? liberty mutual customizes your car insurance... so you only pay for what you need. that's my boy. ♪ stay off the freeways! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work. with gold and copper prices pushing towards all-time highs, u.s. gold corp is advancing its environmentally friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board, a tight share structure, and a solid cash balance,
12:17 pm
u.s. gold's portfolio of world-class assets are creating american growth and homegrown strategic metals as the us moves towards an electrified future. u.s. gold corp. somebody would ask her something and she would just walk right past them. she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today.
12:18 pm
bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets.
12:19 pm
before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. >> the price cuts paid off, tesla shares have more than doubled in the first half of this year, jumping again after
12:20 pm
the committee be expectation delivering a record number of vehicles in the second quarter, kelly o'grady with the latest from los angeles. >> good to. a really strong update from tesla over the weekend. i want to share the data specifically, when the company produce 480,000 ev globally, deliveries are always the big focus more indicative of actual sales that was 466,000, up 10% versus the first quarter 83% year-over-year. unsurprisingly tesla delivered more than the more expensive model, very likely aided by the model three joined his peers in q2 eligible for the. he 500 ev tax credit, the stock is getting a nice bump of the delivery numbers, up over 6%. as you said record performance that we saw is in large part due to the price cuts that we seen this year in the company/the
12:21 pm
sticker price six times since the beginning of 2023 to boost demand in the market has reacted positively. it's up to 157% year-to-date, there has been skepticism, elon musk defendant, he said were not starting a price we are just lowering prices to enable affordability at scale, cost savings at scale will ultimately be the key, were seen as sales boost but investors will want to see how the price cuts affect the margin. remember the first quarter hit the bottom line and tesla reported a 24% drop compared to the previous year, we're going to have to wait a couple of weeks to see how the price cuts impact the second-quarter info and they will release the earnings july 19 and you can expect investors will be glued to the profitability numbers. >> shocking numbers, the company continues to electrify the sector, come on.
12:22 pm
>> i like that. >> all stop now, let's get your reaction from the ceo ray wang. how does tesla continue to push through when a huge course of people constantly say tesla can do it? >> tesla bears are basically looking at the market like it's an auto manufacture. but the problem this is part one of the overall tesla plan, what tesla is able to do the automation of the plants and vertically integrated markets and the charging standards having an asc with competitors with the same charging standard are operating at scale. what they're doing is a market cap rate there taken a capital and lowering prices, what why mean by that tesla's margins are $9500 per vehicle. look at gm 2100 and if you look to be widely it is 1504 negative 1800 per vehicle, they have a lot of room to take market share on the competitors if they want to and of course strike down
12:23 pm
affordability. >> why are there so many haters in the market to tesla and elon musk? >> if you were to take a realistic view of the automobile business, you say this is ridiculous, these numbers don't make any sense but if you take a step back and say this is an energy business, and insurance business a self driving vehicle business, data gathering for mapping then you look at it, this makes sense for the very beginning not just the ev phase but the autonomy of vehicles phase. >> he is diversifying, we saw a recent deal at rivian trucks, volvo decided to move the tesla charging standard, volkswagen talks to do that, is the future in ten years controlling the charging network station? >> the charging network actually opened up the gate for something else because now you can charge your vehicle, power your home with the solar panel and you can resell energy back to the grid,
12:24 pm
that is part of the overall plan of the energy management side and getting the standard to an asc which is the current standard and have everyone adopt that means we can get a charging infrastructure that will support a bigger ev market. edward: interesting. then he can expand his access, plus he has the stations he is creating the network across the country. >> you have a car, you on the electric stations, yet the great capability, people put that on the roof, now energy management and autonomous vehicles coming or not can have them right away you might have tesla semis that are going "coast to coast" san francisco to new york on the long haul routes, i 80, this can be fully automated and logistics kinetic did to star link and you can see how these things come together. >> all connected, we appreciate the insight, when we come back we will talk to you. shifting gears, mounting
12:25 pm
constellations, cancellations and air travel frustrating more people as their hitting the roads because of the air problems, jeff flock is driving along the turnpike as millions make their way to their destinations, literally driving. >> the old-fashioned way, good to see you by the way. the old-fashioned way and afford because that's all i can afford i cannot afford an electric car. if you look at the window pretty clear sailing if you decide to drive to your destination this independent holiday, i think you made the right choice. take a look at the numbers it is supposed to be a record number of people on the expressway, 43 plus million people, a big increase over the previous year and an all-time record. that said a big increase in the number of people flying as well we got the tsa numbers from checkpoints over the weekend today and it revealed almost
12:26 pm
8 million people went through the tsa checkpoints from friday to sunday and friday they tell us was the busiest travel day in u.s. history, more people than ever, maybe that's why or what are the reasons why so many delays and cancellations. airports around the country, some was whether in some was airline on the faa and not enough air traffic controllers. a lot of people out there, 24000 delays on the system over the weekend and 1400 cancellations. the folks morning consult but talk to travelers about this and say people were a bit sick of it, listen. >> what i expect to get to see more of a drop off in the fall, the fact that travel is more expensive now and gas prices are lower than they were last summer, plane tickets are much more expensive than they were.
12:27 pm
>> she's absolutely right about the gas prices, remember this time last year we were at $4.81. were now into 350 range, good for me and my ford not only can i afford an electric car i can barely afford the gas. edward: why do i feel like your bags are packed in the back of the car so fox business can pay for your gas for the vacation. i see what's going on. >> a guys gotta eat. mckay appreciated, and pennsylvania on the turnpike, a new poll shows former president trump taking the lead for the 2024 republican nomination coming up ysl located in nikki haley says it's too early to tell. (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to
12:28 pm
12:30 pm
12:31 pm
and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. >> we can look at past presidential elections and understand national polls don't matter we are not doing
12:32 pm
shortcuts were doing it the old-fashioned way, the hard way and i'm confident by fall you will see those numbers completely different than what they are right now. >> gop presidential hopeful nikki haley downplayed her current six place, the latest fox news poll former president donald trump leads the pack with a 34-point cushion over the closest challenger ron desantis, the ceo of canary, a supporter ron desantis, thank you for being here in the polls are with trump in the crowd there with trump over 50000 supporters showed up at the rally this weekend. how does ron desantis compete with this. >> i think nikki haley is right that the polls don't matter the national polls don't matter too much at this point but she's wrong to think she's good to be debited desantis were donald trump, this is a two-person race, ron desantis is only one that has a fundraising ability
12:33 pm
and the stature and conservative credentials to be donald trump. i think the republican primary voters haven't had a choice to vote for trump or not trump in seven years, i think what they do governor desantis record and is energy and youth will win o out. >> to see the legal troubles for the former president trump helping or hurting him with republican voters and is a help or hurt ron desantis? >> in the medium-term when it comes to iowa, new hampshire and south carolina i think it will help governor desantis. for the first time in seven years republican voters are going to have a clear choice between a governor that has coattails and recent accomplishments and improving conservative and donald trump who brings and did a lot of good for this country in the republican party but loaded with baggage, current trouble, past trouble and potentially future trouble. i think voters will choose a person with a coattails that can
12:34 pm
help republicans get back to 1600 pennsylvania avenue and win elections, that is governor desantis. >> for you, you're looking at someone that can win a general election not just the republican primary. you believe that president trump could win the republican nomination but lose the general? >> is clearly headed in the polls but donald trump is running as an arrogant front runner in the republican primary by just thinking he can fly in and do big rallies and leave, governor desantis is doing the work on the ground in the early stated nationally at the border last week et cetera. i think at the end of the day voters are going to choose a person that has a positive optimistic message and not angry eventual and baggage. >> thank you very much for the insight, certainly ron desantis hanging around possibly growing in the polls, we will have to see a long time between now and election day.
12:35 pm
back to the drawing board, how president biden plans to compete or continue the fight for the student bailout loan forgiveness bailout after crushing blow from the supreme court, that is coming up next. ♪ with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective. and a dedicated trade desk of expert-level support. that will push you to be even better. and just might change how you trade—forever. because once you experience thinkorswim® by td ameritrade ♪ there's no going back. ♪ (i see it, i like it, i want it by shirley ellis plays) ♪ ♪ and i want it ♪ ♪ yes i do ♪
12:39 pm
12:40 pm
false hope i did not get far worse also but the republicans snatched away the hope they were given. >> president biden reeling from a pair of supreme court blows is vowing to take another path to relieve his $400 billion to the debt bailout, the wall street journal editorial board riding president biden has lost four big cases at the court over the executive power grab included the vaccine mandate, eviction moratorium in the clean power plan, you think you'd get the message. on friday he showed no regret for his lawlessness, wall street journal editorial bill mcgurn joins me now, first what do they mean by that, the president is not learning his lesson? >> i want to go one with business as usual. it's kind of like when president obama when congress was frustrating him, the case especially on student loans was
12:41 pm
so clear-cut, the constitution grants spending authority, presidents can't go out and spend money willy-nilly much less 430 billion without congressional approval and go back and really seek congressional approval and work for. he wants to ignore the supreme court and denounce him for being maga and go on with business as usual. it's very cynical. >> we saw the supreme court clearly going after the separation of powers in the ruling that the wall street journal editorial board was talking about including the student loan case. over time we saw closer to closer could enter to consolidate more power, do you think the court version of a reset? >> if the courts version of the constitution, separation of power is the key to our freedom, not even small government,
12:42 pm
separation of power. when a president overreaches so broadly and so cynically, let's be clear, this was an attempt to vote on to buy votes, use taxpayer dollars to buy votes and handout money. i had a backlash, the public was not happy because there are people that paid their loans faithfully and they feel ripped off, people didn't take out loans ab took a second job. i think the president has really handled this badly. >> a lot of passion on either side. i want to give you 15 seconds, do you think the next plan from the president is also political trying to get those from the presidential election. >> yes clearly that's what it is. there is no real reason. on the face of it why people to get a college degree and
12:43 pm
therefore on average a lot more than people that don't, why they should be subsidizing the people that don't is beyond any understanding just as i have, we basically have poor and middle class subsidizing the richer people in society. edward: i appreciate your insight, thank you very much, obviously not a debate. let's check in with jack under jackie deangelis of the big-money show and what they have coming up in 15 minutes, what kind of big-money. >> good afternoon, big show this afternoon, frustrating day the second half of the year we're taking a look at the second half playbook, did you hit the road or try to find somewhere this weekend, the country breaking records while the system is still broken, john captain petit is on the state of inflation but more "coast to coast" after this. ♪
12:44 pm
12:47 pm
12:48 pm
elon musk expert. if you pay a little bit more you are not quite as limited. >> locale that works out. we had so many unhappy twitter users, saturday morning elon musk shared this tweet, to address extreme levels of data scraping and system manipulation that we apply the following temporary limits, verified accounts, those of the ones that they pay for are limited to 6000 post today unverified to 600 to 300 there was a lot of backlash, shortly after that in the twitter blue subscribers, 1000 per unverified and 500 for new unverified. if i don't have twitter blue@thousand post is more than enough in one day for dedicated users they can hit that in a few
12:49 pm
hours of scrolling especially when the traveling on the holiday weekend, data scraping is when automated services like a.i. all the publicly available data on the website and frustration with this practice when twitter began forcing users to login for tweets, he said this almost every company doing a.i. was scraping vast amounts of data it's going to have to bring large numbers of service online of an emergency basis to facilitate a.i. startups outrageous evaluation, not everyone is buying the explanation for the new rate limit many are accusing him of putting the digital townsquare behind a pay wall and they are arguing that the changes are to incentivize people and to make the company profitable. we reached out to twitter of how long the rules were last we had not heard back from them, i cannot imagine advertisers love the new limits. i'll send it back to you. >> we loved hearing from you, will have to have you back again. the double duty in l.a. and
12:50 pm
benefits of artificial intelligence. cavities and gum disease. video health the founder and ceo is here to explain a dental a.i. platform that is available to 90% of dental practices in the u.s. does it tell me if i have cavities. >> almost. first of all you, me and everyone in the audience goes to the dentist every year yet we have over 60 million people went undiagnosed and undetected dental disease. what it does has highly accurate algorithms for cavities, periodontal disease for the dentist with a.i. and identify your cavities much earlier as well as for the patient in the chair, you, me for a second
12:51 pm
opinion. >> does the machine go in your mouth. >> when you go to a dentist, the most important aspect of a dental visit is taking radiographs to properly diagnose in the treatment plan. what it does has fda cleared algorithms to identify cavities and other disease which helps them identify disease and give you a second opinion so the patient gets a right treatment before it's too late. >> what does that mean identifying gum disease earlier could that mean for me and everyone. >> it could mean when you go to a dentist often some of the disease are missed and for instance oai takes a radiograph and it points out what you have another diseases which helps the dentist to miss it as well communicate to the patient in the chair why the treatment is necessary and what it does for
12:52 pm
you and everyone else you get a small treatment now rather than you delay treatment later on which has a higher cost associated to it as well as an impact on your overall health because dental disease, if it does not get treated has an impact on systematic diabetes and potential. >> let me ask you on the other side, privacy concerns, you have a machine that will have all this information about your mouth and gum disease can be related to other diseases how do you assure patients about privacy, is this going to take jobs away from office workers? >> first of all we had here to the regulations that we identify the x-rays, et cetera so it cannot be related back to the patient in a meaningful way. secondly to your point. right now all of our clients,
12:53 pm
dentist with hundreds of practices, the major concern they don't have enough stuff. what we enable dentist to do inclinations spend less time in the back office of doing a ministry of tasks and more time doing the treatment that you need. >> as the future and you are on the cutting edge. thank you more "coast to coast" to come up after this. ♪ providing for your family is a top priority. but what happens when you need affordable health care? christian health care ministries could save you up to 40% today. as a member, you can choose your provider without network restrictions. sign up at your convenience with our anytime enrollment. join a christian community that supports each other's medical expenses, offering peace of mind as you prioritize what's most important.
12:57 pm
less than five minutes from early murder close, stocks beginning the second half of this year, i'll take credit because were not? bring in jonathan holick. since we don't have a lot of time, what a surprise you? >> the outperformance of the ai names. got to thank all those who served, most capitalist individualistic country so great hold of all and celebrating families. it's all tech this year, i'm diversifying this can have, from
12:58 pm
looking at emerging markets, frontier markets in areas that haven't participated. >> you're getting ahead of us. >> i've been surprised we didn't hit significant recession and am surprised we are where we are. it feels we are now in the period of wall street climbing the wall and feeling pretty good where prospects are and what they look like for the second half of the year. >> where you see the surprise coming, is it up or down? >> i think it's what we set the stage for a consistent rally. we are in a place where we are now said to reap the gains of the technology and i think some of the workplace disruption cultural disruption we have are
12:59 pm
beginning to calm down and giving up if predictability back to life which is what it's like. >> tech stock, or the tailwinds failing? >> on little more worried than dave, be entered yield curve, one 100% perfect indicator of predicting a recession from putting my money overseas. emerging markets, those will be the car performers in the second have five been underperformers for quite some time. >> thirty seconds, days. artificial intelligence fully price of the stocks or not? >> overpriced probably but that doesn't mean -- i wouldn't doubt what jonathan said, the recession predictor element. i just think were not headed for another major construction. in our lookout -- they say about
1:00 pm
technology major technologies take longer to impact and have greater impact and i think that's -- >> the federal reserve led markets last year end into the first part of this year are we going to see another hike, a pause through the end of next year? what effects could that have? >> inflation is not over yet. it fell by half 74 to 76 but remember 1976 it double. the fed lost control, interest rates are headed higher long-term and not back in the baguette. >> on that, thanks, jonathan. great discussion. the market is closing, jackie deangelis and the big money show to take you through the next hour trying to figure out where any to place my money coming up on the face. >> we been trying to stuff the inflation genie back in the bottle, which is not
58 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=840578296)