the whole sector looks like it's going to break out, j.p. morgan looks like it's going to lead at the good to great time to look at banks in general j.p. morgan specifically. great ideas and thank to read more checkout appearance.com. that's all for us, see you next week >> from the fox studio in new york city this is "maria

bartiromo wall street". >> happy weekend to all, welcome to the program that analyzes the week that was in position to for the week ahead. i am maria bartiromo an all-out script to the finish line within over a week to election day both candidates touting their plans for the economy. >> everything is doubled and tripled, interest rates were 2% now there at 10% and you cannot get the money, will get a drill baby drill and that will bring everything down. >> economist from nobel laureates to goldman sachs have reviewed my economic plan versus donald trump and in comparison have found that my plan will strengthen america's economy, his plans will begin americans economy. maria: polls show the majority of voters think the economy is in poor shape but surprisingly they are split on who can best handle the key issues, trump is on top with handling grocery and gasoline prices kamala harris is on up with the cost of housing

and trump wins for the middle-class kamala harris was grilled by an undecided voter others cnn town hall this week. watch. >> when you talk about rich people paying their fair share, how can you be more specific i would like to hear more nuts and bolts about your economic plans. >> billionaires on average pay less taxes as a percentage men teachers and firefighters and nurses. >> impeccable hard workers like town street has success. >> i understand but donald trump when he was president gave tax cuts to the riches, billionaires and big corporations which added trillions of dollars toward deficit we have a plan for middle-class tax cut that would affect 100 million americans we cannot and i will not raise taxes on anyone making less than $400,000 a year. >> are using anyone about 400,000 have a tax raise. >> i'm saying there's going to be a parody around what the richest people pay in terms of

their taxes some of the richest people in our country have gotten away with the 0 tax rate. maria: former president trump suggested he would implement a dozen new tax incentives, the latest is for his car loan legislation, watch. >> i will make interest on car loans fully tax-deductible. i'm only going to do it if they build the particular product mainly an automobile and the united states. maria: interest on car loans will be fully tax-deductible like home mortgages but only if built in the united states he has to get that through congress as well joining the missouri congressman house ways and means committee chairman jason smith, great to see you, thank you so much for being here. >> it's great to be with you. do you think all the president trump's plans included the tax deductibility on car loans with get through congress? >> i will tell you we will know who the players are going to be on the field on november 6

hopefully and that will determine what tax priorities we can get with the republican house and senate and president trump in the white house you talk about the best economy that we will see following that we saw in the first four years of the president trump the best economy in my lifetime and under vice president hears administration we've also witnessed one of the worst economies we have seen every american face a 20.5% inflation tax on everything that they purchase even people who make less than $400,000 a year have had in inflation tax created by vice president harris where she was a tie-breaking bill on the policies that created and fueled inflation. maria: you said it all get through depending on who's in the seats and in congress, how are you feeling about that do you think there is a chance that republicans get a suite? >> and pretty excited i been traveling all over the country

i've been to 32 different states helping our colleagues because it's important to grow the majority. absolutely believer to grow the majority and we will win the united states senate, i set up ten different tax teams since april preparing for the opportunity of a trifecta form of government would president trump that we can extend his tax cuts from 2017. if we do not extend those tax cuts, every american every single american will face a $4.6 trillion tax increase whether you make more than $400,000 a year or less than $400,000 the child tax credit that helps working families will get slashed in half a goes from 2000 - 1000. the guarantee deduction which 92% of all americans used to file their taxes that get slashed in half and all of the individual rates will go up our country cannot handle this after they have faced a 20.5%

inflation tax just to put food on the table, close on their backs and gasoline in the cars. kamala harris keeps claiming the rich don't pay their fair share, she's asking more americans to pay their fair share, then were looking at where some of the money is looking at where it's going more than $150 billion spent on the migrant crisis last year alone, that is a result of the wide open border and having to care and has many of these people. your reaction to the ongoing situation which you are not good to be able to change overnight, are you? >> were knocking to be able to change overnight but we will change it quickly. i believe that number is more closer to 400 billion cents vice president harris has been in office why is the border crisis been created the 94 executive actions of the biden hears a administration in the first 100 days on immigration in the president trump we saw more

people in the biden hears a administration of all four years combined president trump was secure the border, he will revert back to the effective policy that he had in place that biden hears reverse, vice president harris was the borders are, she was in charge of this disaster, the last thing we need to do his partner in charge of the united states. maria: people are worried about the issue of embedding in somebody people getting through weather on the terrorist watch list or have been convicted of murder, convicted of rape and they are now here in this country running around the venezuelan gang tren de aragua causing death and destruction across america. that is where the concerns are, not necessarily with the volume of people. >> we know that there's been

more than 350 terrorist that across the southern border under the watch of the harris and biden a administration and we know every state is a border state, it doesn't matter what state you live in and we see illegal immigrants from venezuela stab individuals at a laundromat in st. louis. we saw numerous individuals that have lost their life because of illegal criminals that across the southern border that are running rampant across the country. maria: it's really disturbing. we are not hearing any solutions when we hear from kamala harris, she said she is going to secure the border, she went as far as suggesting she would pay for a wall, very different than what we heard from her over the last four years as vice president. >> vice president harris is trying to say anything she possibly can to get elected. we know her values, we saw when

she ran for president, we know where she stands whether supporting the green new deal, whether completely open border, whether it's increase in taxes on all americans, these are policies that she has said with her own lips we have got to pay attention to her words. we will leave it there pretty good to see you, think of for being here this weekend. >> great to be with you. congressman jason smith, investors are waiting bigger needs next week big tech is on deck as we head into meet the traveling trio. each helping to protect their money with chase. wooo! tools that help protect. alerts that help check. one bank that puts you in control. chase. make more of what's yours. patients who have sensitive teeth but also want whiter teeth, they have to make a choice- one versus the other. new sensodyne clinical white, it provides 2 shades whiter teeth as well as providing 24/7 sensitivity protection. patients are going to love to see sensodyne on the shelf.

maria: welcome back where markets ended the week of mixed earnings report for the third quarter investors are waiting the biggest tech names in the world reported the week ahead, join me not to get ahead pipers and the chief investment strategist michael kantrowitz, good to see you, thank you so much for being here the earnings news how would you assess it and

what are you expecting from next week with microsoft, meta, amazon, apple all reporting in the week ahead. >> most of this year s&p earnings estimate have remain pretty resilient from the beginning of the year through today earnings estimate for large-cap is up 10% and they held in the estimates for next year end a held in really strongly that social companies are beating guidance remains pretty strong and as you go down in capitalization even in the tech sector it is very different story, estimates for small caps have been falling all year and expected to be below last year's earnings. we are expecting more of the same in the bifurcation of the larger companies with academies at scale that a better balance sheet and more growth will continue to do well in this economy and the smaller companies that are negatively impacted by higher rates high prices, labor cost are going to continue to struggle especially in the last few weeks have seen interest-rate backup. maria: real interest rates up to

4.2%. wondering why rates are moving up in real-time as the federal reserve center cutting rates further this year. >> i think it is two things one thing i can explain and quantify, the data has been better in the last month and a half we've seen particularly better employment data and is come down for two months unemployment claims have come down we had a massive gdp revision to the upside. when you look at the economic surprises, they track tenure interest rates pretty well, yields track the data, that data has improved in the last month since the fed has cut in the market is pricing in a greater likelihood of a trump when an ethic a lot of investors are seeing that as a backdrop where yields are going to be higher. maria: you did a report on trump verse, hears portfolio in you and your colleague and eva.

i want to get your take without playing on wall street and whether or not it's too late to get in and particularly headed into next week with the major earnings coming out yet amazon, apple, microsoft, isn't once again going to be about a.i.? >> i think so, we've seen that in a semi conductor space with earnings report in the last few weeks and when you look at the race, the odds, the race looks pretty tight, i don't think investors are taking big bets in the market and i think you're ultimately going to have to react to the outcome of election with the data improving that is driving a big part of it, free tech one of the areas in large-cap that continues to propel the overall earnings people will be focused on the a.i. story. maria: tell me how you and your colleagues have put together the portfolio to own right now based

on the selection and what your bedding in terms of trump uses harris. >> andy's work is more idiosyncratic looking at different sectors that were the policy differences are more clear like an eb and energy but then we have to consider the backdrop of the u.s. and global economy, one of the factors for those looking to pick stocks that is done exceptionally well across elections is companies that are value and we did a report highlighting the after the last six election value factors and strategies have done well after each one regardless of the outcome and if the incumbent president wins, assuming that the reflection of a good economy that's been good so people can take more risk and by value companies or if the income that loses there is new hope for a new leader and people take on more risk and by value companies perhaps that is the explanation. we've been highlighting stocks

that are really high free cash flow yields, companies that are cheap and a cash flow basis, that the strategy that investors are already pricing and right now and will continue to do so, what is compounding the performance of those types of groups is a bifurcated earnings backdrop we have in general. maria: with value stock to potentially get the possibility of a dividend payout. >> yes. >> value names pay dividends. >> utilities, oil companies and sizable dividends. >> is the view of interest-rate certainly on the shorter-term money market are going to come down as if it continues to cut rates even if it's lower than the market previously thought stocks with higher dividend are likely to become more attractive and the utility is a sector that's done really well this year end the bulk of the outperformance has come as interest-rate and fed rate cut expectation have moved towards

lower levels. maria: you think the fed will cut further this year? >> i don't think anything is radically changed i don't think we'll get another 50 basis point rate cut but the market is still pricing greater odds of more than one cut so that's reasonable and as always the fed will be data dependent. maria: we will leave it there, great to get your insights, thank you so much michael kantrowitz joining us. a week to go until election day more blue-collar workers are throwing their support behind president trump the leader (♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course!

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maria: you have to hire american workers for the job and if these companies don't make their products here then they will pay

a very stiff tariff when they send their products into the united states where there made by some videos or some other country. for the privilege of competing with our workers. maria: that his former president trump reiterating his pledge to blue-collar workers in georgia same thing he told me a couple weeks ago, the train group of associated builders and contractors is now throwing their support behind president trump, joining me now the ceo michael bellman, thank you very much for being here, you represent more than 23000 members across the country tell us what is important to them and why they decided to get behind trump. >> associated builders and contractors were the voices the merit shop which is all about fair and open competition for members and employees of our members like to compete on affair and level playing field based upon merit they like choice and like to choose what company they want to work for

whether they want to work for a union or not a union 89.3% of the workforce is nonunion president trump supports his values, vice president harris does not, vice president here is in the biden administration have opposed government mandated labor agreements and one assigned to proactive which sources every worker to join the union it a dozen of our member company to use the talent that they've upscaled and invested $1.6 trillion in training and educating. were really behind president trump for those reasons. maria: i think president trump for whatever reason has attracted the working man and woman because he's talking about policies that will hopefully improve their lives what is most important in terms of your members. >> fair and open competition, having opportunity based upon merit for their employees to pursue their career dreams and how they choose to they choose

to join a union or not join the union to pursue their career dreams, that's what's most important. maria: president trump has said he's not going to allow foreign company to come in and make cars and vehicles outside of american depth of an america for a cheap prices, has not been a significant issue in the last four years? >> it has been, as a matter of fact construction input are up 38.5% since february of 2020, what is occurring the global supply chain is essentially challenging that in terms of dumping cheaper products into our industry. we're all for fair and open competition. we are for merit it is critical that we employ american workers

and put them to work. we have a 500,000 person workforce shortage the last jolt report indicated we have 370,000 job openings even though we have employed an attitude or 28000 this year, president trump is all about the worker in his last term he focused on expanding apprenticeships in all the above education strategy which is critical for workers in her job creators. maria: do you think that we had china try to compete, european companies try to compete, has that been the issue for market share in your members in terms of their own salary in their own benefit? >> it is on the supply chain side of things so we learned about our supply chain and the pandemic.

and we learned how dependent we were on the global supply chain. in that trump wants to bring manufacturing back to the united states in our equipment like jlg and united rentals is supply equipment into our members and south wire in those types of companies that is critical. maria: we will leave it there, thank you very much for joining us. >> thank you, michael bellman joining us. one important thing you need to know ahead of next week. that is next. chase knows how to put the hart in your local community. evan! you're helping them with savings, right? (♪)

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maria: welcome back one thing you need to know ahead of next week if you want candy this halloween you can have to pay up for free cocoa production has declined with an 14% due to being shortages leading to a 7% increase in chocolate prices from last year, were taking a look at prices with "mornings with maria" and i hope you'll join us for more 6 - 9:00 a.m. eastern and i'll see you on the fox news channel 10:00 a.m. eastern lifer "sunday morning futures". exclusive interviews with ohio congressman mike turner, polson and president founder john polson, rnc committee chairman michael whatley and george's editor kelly loeffler, join us then on fox news, that will do it for fox business, thank you so much for being with us. have a great rest of