Skip to main content

tv   Fox Report Sunday  FOX News  June 27, 2016 1:00am-2:01am PDT

1:00 am
continue the conversation and we're back here next sunday same time same place at 11:00 and 5:00 eastern with the latest buzz. it is monday, june 27, and this is a fox news alert. brexit backlash. financial markets across the world opening in a tail spin as investors in the u.s. get ready to see what is in store are to them here at home. what you need to know before the opening bell. and also, we'll take you to the political arena where the race for the white house is on. it's donald trump versus hillary clinton. what will happen next? we'll tell you. and a fireball in the sky, terrifying moments a plane packed full of people burst into flames making an emergency landing.
1:01 am
"fox & friends first" starts right now. good monday morning. you're watching "fox & friends first." a two hour special today. we're here early. >> very early. 4:00 a.m. here on the east coast. thank you so much for starting your day with us very early. we're going to begin with the latest on the brexit vote and the backlash here in the united states. >> and amy kellogg is live for us with reaction coming in this morning. amy, good morning. >> reporter: good morning. yes, we've been watching the markets and the volatility seems to have slightly eased off a bit since the chaos of friday, but largely stocks are down in asia and in europe. the chancellor george osborne who is the equivalent to a finance minister spoke for the first time since the brexit vote and he did assure people, calmed the waters a bit by saying that britain has all sorts of
1:02 am
contingency plans in place, but the markets will not be happy about the fact that he confirmed that there won't be anymore leadership in this country authorize will there be an innovation of article 50 of the lisbon treaty which effectively gets the process of the divorce from europe under way. sterling fell overnight, but rallied after osborne said that there were contingency plans and that he had been on the phone with finance ministersing a cross t across the globe. and he did say britain is still open for business, but it is clear that a lot of companies are holding off on investment and hires until things become more clear. >> going to be a busy week ahead. in just a few hours, the markets open here at home, so what can we expect? >> cheryl is here with that. >> and i've been tracking u.s. futures. they opened last night and
1:03 am
initially it was looking like a pretty rough monday for u.s. markets, but now we're actually coming back a little bit. we still have 5 1/2 hours to go. but here is the story. it was a rough day on friday. if you turned away from the television, you missed a heck of a trade day. the dow losing more than 3%, 3.39% to be exact. that was 610 points there. the nasdaq losing more than 200 points down 4% and change p. s&p down 75. but here is the question. the volatility. how long does that last. well, instability is never anything that investors or market participants want to see and we may have this going on for a while. you have other countries now potentially talking about leaving the european union and particular scotland and italy that has a lot of economic problems, there are warnings about an italian bank collapse. so those are the two companies i'm watching. also, uk found, the sterling,
1:04 am
basically crashed. it has been trading at a 30 year low. and last night goldman sachs came out and said what does this all mean. their report said they're predicting a recession in the uk by next year. a recession for that economy. one thing to watch today in particular, gold. that safe haven. investors are going for safe assets. but a lot can happen between now and 9:30. >> anything in recent history that you can compare this to? oftentimes that can help you see how this will shake out. >> no, i've never seen this, but literally in history there is no precedent. the european union was a brand new idea putting all these different countries and currencies together, this idea starting back in the 1970s. but this is the first time that anyone has left the european union or may leave anyway. so it's been a roller coaster
1:05 am
like we've never seen before. >> all right. cheryl casone live for us. two new polls give hillary clinton the edge, but the trump campaign firing back. kristin fisher is live with the latest on that angle. >> well, as you said, two new polls out just yesterday and both give hillary clinton the advantage. but like drastically different margins. nbc/"wall street journal" poll has ahead by five points, while abc news "washington post" poll has clinton ahead by 12 points. now, trump is already firing back on twitter, quote, the dirty poll done by abc vsh "washington post" is a disgrace, even they admit that many more democrats were polled, other polls were good. yesterday on "meet the press," paul manafort also tried to down play the low poll numbers p he says the campaign is still getting organized and they're
1:06 am
going on a hiring spree staffing up in 16 key states. >> we have state organizations that are in place, we have our campaign plan there is place, our budgets if place. and we have a candidate who doesn't need to figure out what is going on place. and we have a candidate who doesn't need to figure out what is going onnm place. and we have a candidate who doesn't need to figure out what is going on place. and we have a candidate who doesn't need to figure out what is going on in order to say what he's going to do. >> yesterday clinton released a new ad slamming trump for saying that his golf courses in scotland would benefit from all this global market instability. #. >> we need leaders like yourselves at the local and state and federal level who understand how to work with other leaders to manage risks, who understand that bombastic comments in turbulent times can actually cause more turbulence. >> today clinton will be campaigning in ohio alongside someone who is right at the top
1:07 am
of her short list for vp, senator elizabeth warren. but trump, he's not far behind. he'll be holding a big rally in that big battleground state on wednesday. >> we'll take a look at those numbers a little bit later. thank you, kristin. newt gingrich going after hillary clinton who opposed the uk leaving the eu. he says clinton has been on the wrong side of history numerous times. >> she was wrong on brexit. she wanted the "remain" vote to win. she was wrong on libya. she thought it would get better if we knocked off gadhafi. she was wrong on the reset with russia. what has she been right about? do you need more of this kind of experience? >> gingrich says clinton's foreign policy experience and failures will not impress voters helping trump's chances of winning. peaceful protests yesterday, hundreds throwing pieces of concrete rocks and slashing
1:08 am
glass. kelly, what happened here? >> it got pretty ugly. rifle protesters clashing in the streets resulting in several people being taken to the hospital. at least two with critical stab wounds. and it all starteded outside california state capitol in sacramento. >> blpolice say the fighting bre out almost immediately when about 30 members of a white national group were head by nearly 400 counter protesters. the leader of the twp, traditional list workers permit, claim they had permits on conduct a noon rally, but counter protesters gathered to disrupt the t with him p rally. both sides are now blaming each other for the violence. >> they attacked ushim p rally. both sides are now blaming each other for the violence. >> they attacked us chanting
1:09 am
kill the nazis. these were not peopled radical left we thiirng wingers to get fight. they stabbed one of our members and they hit one of his arteries. >> they are not here to speak and talk. they are here to attack >> as the fighting intensified, state capitol building was on lockdown. protesters throws pieces of concrete and rocks at the capitol. police moved in, breaking up the fight and disbursing the crowds. police say at least ten people were taken to the hospital, at least five suffering stab wounds. >> the morning went on, a number of scuffles broke out. and culminated with a number of assaults that took place on the capitol grounds. >> to resort to violence is not the way to do it by any side, whether it be the skin head racists which i am not. >> the gentleman has a very good
1:10 am
point. violence is not the way to go. however authorities are investigating what happened here, but no arrests at this time have been made. heather. >> kelly wright live for us. thank you. other news we're following, take a look, a plane burst into flames as hundreds of terrified passengers are still strapped in their seats. a singapore flight forced to turn around about 30,000 feet in the air make an emergency landing after the crew reported an engine oil warning. seconds after landing, the right engine and wing began bursting out of control. those inside forced to wait for several agonizing minutes if you can imagine as fire trucks raced over to put out the flame. terrified passengers describing the pulse pounding scene on social media, one saying, quote, i just escapedmazingly no one w. at this hour, nearly 2 million people bracing for more storms on the way in west
1:11 am
virginia and the damage becoming more clear as floodwaters recede. forecasters issuing a flash flood watch for today and areas already declared a federal disaster zone. take a look at the control dam release showing the shear power and scale of what they are dealing with. hundreds left homeless and dozens left dead. rescue crews expecting the death toll to rise as teams intensify the search for the missing. two down and one to go. prisoners escaping in the dark of night just by opening a window disappearing into swamp land. authorities catching two overnight. thousa one more still on the run. police taking down michael and matthew chaplain hiding out in a south carolina home nearly 40 miles from the prison. the search for donald ray little suspended because of fears of alligators in the area, but now the massive manhunt is back on. an emotional farewell to the
1:12 am
greatest of all time. laila ali paying tribute to her father last night. >> sorry. my father always said the man who views the world at 50 the same way as he did at 20 has wasted 30 years of his life. >> ali tidied after a long batt with parkinson's disease. there is bad news lurking behind the polls for hillary clinton. trump's position not as bad as the mainstream media might make it out to be. plus a roller coaster horror as it plunges straight to the ground. you won't see these folks at the post office. they have businesses to run.
1:13 am
they have passions to pursue. how do they avoid trips to the post office? stamps.com mail letters, ship packages, all the services of the post office right on your computer. get a 4 week trial, plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again.
1:14 am
1:15 am
1:16 am
welcome back. hillary clinton holds the lead in national polls, but the race for the white house actually a whole lot closer than you might think. in colorado, florida, wisconsin and north carolina. so should the clinton campaign be panicking? joining us now to discuss it, thank you so much for getting up super early for us this morning. from thank you. >> and so when you take a look at these numbers in the battleground states, should hillary clinton be concerned? >> she shouldn't panic at all. should she be concerned? not at this point. this is only the end ofup. the election is in november. so her campaign has plenty of time. but what is really important is that the majority of voters polled found her to be of commander in chief material and the to be the most prepared.
1:17 am
when we look at a swing state like ohio which is critical in this location, the clinton name is very well-known. and trump did not win the primary in that state. so i'm going to say that ohio may be definitely going for clinton. you also have virginia which is democrat-leaning, and also wisconsin which in the past decade or so has been put in the blue column, as well. >> you say the clinton name is well-known. is it possibly going to work against her? >> i mean, i think so. if i'm the clinton campaign, i'm hitting the panic button. she's been running for president for the better part of a decade and the more that people really get to know about hillary clinton and the people around her, it gives them a little caution. so if i'm them, i'm a little nervous right now as we're this close to the election in november. >> so what do they need to do next? if you were handing out advice, both campaigns, trump and clinton, what do they need to do taking a look at these numbers moving forward s?
1:18 am
>> they have to fight for each and every vote and make sure you have a very high voter turnout on election day. because that's what will matter. polls don't vote, voters to. and that is critical here. >> and taking a look at those numbers again, though, should trump be concerned and what does he need to do? >> maybe it's because it's so early in the morning, but we're going to agree. i think this is all about voter turnout. it will be which side can get their team to the poll in november. if you look at trump, you look at clinton, how tight it is, it will be all the way down, all the way focused on voter turnout. >> that's in the battleground states. if you look at the general election overall, there is at least one poll, look at the difference in the numbers. should he be concerned? and taking a look at the amount of money that they have raised. he's raised $3 million compared to her $28 million in may. >> nothing you can say about this election that is typical, right?
1:19 am
if you look at trump all the way through the primary, the really seasoned candidates he beat who were sitting on a ton of money, i don't think that there is any prediction that you could make right now that would come true. >> anybody that could make a prediction and win this one, have it right, boy, they could definitely be hired to make a whole lot of money. thank you both for joining us. really appreciate you getting up so early. >> thank you. 20 after the hour. and a fox news alert roller coaster horror, look at this. the terrifying moments a roller coaster derailed flying off the tracks landing on a children's ride below. plus, blocking brexit. politicians overseas floating the idea of ignoring the vote. would they really block the will of the voters ? we're live in london next. and an epic staring contest between a cameraman and kid take
1:20 am
will have you laughing all morning long. >> what are you doing? checking just to make sure.
1:21 am
1:22 am
1:23 am
welcome back. and online petition making the rounds pressuring prime minister david cameron to overturn the vote. ashley webster joins us live from the uk right next to the london stock exchange. ashley, could this actually happen? >> reporter: no, it's just a case of buy aer's remorse. don't forget david cameron said prior to the vote that it would be like jumping out of a plane, there is no turning back, you can't jump back into the
1:24 am
cockpit. and that's where we are today. you mentioned the petition for a second referendum, it has over 3 million signatures right now. but here is the irony, that petition was circumstance latsed a month ago by someone who wanted to leave the eu and truly believed that the vote was going to be to remain. so he began his petition and of course he's for the other side. scotland and northern ireland say that they would have their parliaments try to block brexit, but i have to be honest, none of it will work. it's a done deal whether you like it or not. maybe down the road, an entry back in could be renegotiated with a different government in the uk, but for now, there is no turning back and it's up to the uk and the rest of the european union to come up with some sort of deal. the europeans would love for the uk to do it sooner rather than later. they're not very happy with the uk. never been a great relationship throughout the 40 husband yeapl.
1:25 am
and now saying good riddance. you voted, get out. but we also have political turmoil going on here with leaders of both political parties struggling. we know cameron is leaving and now the leader of the opposition party is under severe pressure to quit. so a lot of political chaos, but no second brexit vote i believe. back to you. >> it has been a wild few days and many more to come. ashley, thank you. well, a fun day at a theme park turned into a scene out of a horror movie, a roller coaster packed with kids plummeting 30 feet to the ground below. >> oh, my god. >> ten people were hurt, eight of them children, when it careened off the tracks sending five cars over the edge. chaotic scene in scotland with passengers stuck upside down
1:26 am
pried out of the twisted cars. the ride hit a top speed of 40 miles per hour taking thrill seekers through corkscrew turns and loops. right now the park is closed so police can investigate the situation. tony robbins' self help horror, dozens of participants at a dallas seminar hurt while walking on hot coals, but his supporters including a 12-year-old who safely completed the fire walk are still defending him. >> i don't think they have the right mindset yet, they didn't really understand what tony was teaching. >> well, a spokesman saying even 7,000 attendees successfully crossed and they always have medical staff on sight for the exercise. the time is 26 after the top of the hour and donald trump slamming two new polls that show hillary clinton widening her lead in the presidential race. what the trump campaign is saying this morning up next. and jesus benched? the battle brewing over jesus related ads on bus benches.
1:27 am
i wanted to know where my family came from. i did my ancestrydna. the most shocking result was that i'm 26% native american.
1:28 am
i had no idea. it's opened up a whole new world for me.
1:29 am
1:30 am
it is monday, june 27. brexit backlash. financial markets across the world opening in a tail spin. this as investors here in the u.s. prepare for stock selloff.
1:31 am
what you need to know before the opening bell. and donald trump slamming two newn her lead. we'll tell you what the poll numbers say and how the trump campaign is reacting. and an epic staring contest between a tv cameraman and a child. >> what are you doing? >> hilarious. the video that will have you laughing all morning long. fox and friends first continues right now. good morning to you. welcome to fox and friends first oig. >> this is a fox news alert, count down to the opening bell has begun in the u.s. with investors on edge around the globe. >> thursday's brexit vote setting off a chain reaction and market volatility costing investors a record $2 trillion. >> amy kellogg is live for us
1:32 am
this london where trading has already started. amy, good morning. >> morning abby and heather. the silence hereoff the weekend had been stunning leaving people to think that maybe there was no plan whatsoever for bregs. but tbrexit but the chancellor george osborne finally broke the silence and timed his remarks to just before the opening of the markets. still, stocks are down in europe and around asia. but here was chancellor osborne's positive spin on the situation. it will not be plain sailing, but let's me be clear you should not underestimate our results. we were prepared for the unexpected and we are equipped for whatever happens. >> so volatility has slightly eased off. nothing like friday, but still the markets will not be happy by the fact that george osborne today confirmed what david cameron said on friday, that there won't be new leadership
1:33 am
here until at least october and that means there won't be formal negotiations for this divorce process from europe and therefore more instability for some time. abby and heather, back to you. >> amy kellogg live for us this london. thank you so much. well, brexit throwing the stock market into a downward spiral on friday. so what can we expect when markets open in the united states in just a few hours from now? >> joining us now, the watch dog on wall street, chris mar cow ski. thanks for being with us. >> thank you for having me. >> a lot of people waking upcow ski. thanks for being with us. >> thank you for having me. >> a lot of people waking up thinking how can i make the most of the situation. what should they be looking at in the stock markets? >> i hope that they will take advantage of a lot of stuff on sale. you like sales, i like sales, right? >> i love a good sale. >> i do, too. and there has never been a sell-off or down turn that hasn't ended up being a buying
1:34 am
opportunity. and you have to look at a lot of stocks over in europe that will be on deep, deep discounts. things will happen. this is not the end of the world. we won't see white walkers from "game of thrones" coming out here because this happened. this is a fantastic opportunity for the future and investors, your 401(k)s and iras, don't do anything harsh because you think the sky will fall because it never does. >> how long do you think this volatility and changes will last? >> i think it will continue to be volatile for at least another couple months over there, but again, don't look at things over the short term. when you do that, the market becomes very, very risky. when you look at the market over the long term, it's not so risky. whether it be one month, two months, a quarter, we tell people unless you're looking out for 5, 10 years down the road, you shouldn't be in stocks in the first place. >> very interesting. could be quite a volatile few days ahead, though. >> oh, yeah. going to be fun.
1:35 am
>> thanks for being with us this morning. appreciate it. brexit aftershocks being felt on the campaign trail. two new polls giving hillary clinton the edge over donald trump, but trump's campaign is promising big changes this week. kristin fisher is live in washington with a look at that. >> well, ever since britain voteded to leave the eu, both trump and clinton have been angling for the advantage. yesterday clinton released an ad slamming trump saying that his golf courses in scotland would benefit from this instability. >> no one should be confused about america's commitment to europe. not an autocrat in the kremlin, not a presidential candidate on a scottish golf course. >> so there are two new polls out yesterday and both give clinton the advantage but by drastically different margins. nbc/"wall street journal" poll
1:36 am
has clinton ahead by five points, while an abc news/wall post poll has clinton ahead by 12 points, 51% to 39%. trump's already firing back on twitter, quote, the dirty poll is a disgrace, even they admit that many more democrats were polled. other polls were good. while yesterday on "meet the press," paul manafort also tried to down play those low poll numbers and also did his best to reassure worried republicans that this campaign is ready for a general election fight. >> our campaign frankly is getting organized. it's all this words, i guess, but we are fully now integrated with the republican national committee. this week we'll be making some major announcements of people taking over in major positions in our national campaign as well as in our state campaigns. >> manafort says they will make the announcements sometime this week, but they're cutting it close. the convention in cleveland starts three weeks from right
1:37 am
now today. >> kristin fisher live for us. thank you. countdown on. well, another big question, will bernie sanders supporters jump over to hillary clinton? sanders says it won't be that easy. >> those people voted for me i believe because they said it is time to have a president prepared to have the gutds to stand up to big money interests, to stand up to the greed of corporate america. so it's not just bernie sanders saying just vote to hillary clinton. it is hillary clinton standing up and saying you know what, these are the things we need do. and if she does the right thing, i'm absolutely confident that the vast majority of my supporters will vote for her. >> sanders has said that he will vote for clinton, but has not officially endorsed her. well, a plane burst into flames as hundreds of terrified passengers still strapped in their seats are forced to watch in horror. singapore air flight to italy forced to turn around 30,000 feet in the air making an emergency landing after the crew
1:38 am
reported an engine oil warning. seconds after landing, the right engine and wing began burning out of control. those inside were forced to wait for several agonize minutes as fire trucks raced over to put out the flames. the terrified passengers on board describing the pulse pounding scene on social immediate yargs o media, one even saying i just escaped death. thankfully no one was hurt. at this hour, nearly 2 million people bracing for more storms on the way in west virginia. they really don't need this. flash flood watches now in effect in areas already declared a federal disaster zone. hundreds are homeless, but they're still counting their blessings. >> my kids are-my wife, my kids, i got everything i need. >> dozens are dead, rescue crews expecting the death toll to rise as rescue teams sbebs gintensif search for missing people. the wildfire fight in california now turning deadly as
1:39 am
well. the fast moving fire killing an elderly couple and destroying hundreds of homes and buildings. thousands of firefighters putting their lives on the line work to go try goining to try raging fire. temperatures expected to rise into the triple digits only making the conditions worse. this is a sweet story. oefr over the weekend victims ever the boston bombing visiting the orlando hospital where people continue to recover. they stopped by to offer support. eight people shot at pulse are still in the hospital, three in critical condition. well, you better not swear if you are in the caribbean. rapper 50 cent learning that the hard way. >> [ bleep ]. >> yep, you can now find 50 crept in court pkour
1:40 am
crept in cent because it is illegal to swear in public there. 50 cent forking over $1800 to get out of jail and pay a fine. he's now back in the u.s.50 cen get out of jail and pay a fine. he's now back in the u.s. well, look at this story. a boy at a baseball game winning a stare down contest with a camera guy. it is pretty hilarious. take a look. >> he got you. >> do you think mom even knows? what are you doing? >> now she's on to it. >> you have to hand to him, he knows how to hold apaudience. i think my favorite part is the mom, she says what are you up to, what is going on. >> what is wrong with my son. he's adorable. love it. the time is 20 until the top
1:41 am
of the hour and still ahead, mass stabbing. nearly a dozen people injured when 30 white supremacists get attacked by 400 protesters with bats and knives. kelly wright has those details. plus should christians apologize to gay people? pope francis seems to think so. his latest controversial comments straight ahead. and decoration drama, one fourth of july display setting off fireworks this one neighborhood. we'll tell you why it's being called offensive.
1:42 am
1:43 am
1:44 am
welcome back. peaceful protest turning bloody. hundreds of counter protestors outnumbers a white supremacist group, violent fights erupting as rocks and concrete are
1:45 am
thrown. >> kelly wright is live with how all of it unfolded. >> the situation turned ugly very fast. take a look at the disturbing images of people charging each other in fierce combat, pounding each other with their fists and some even pulling out knives to stab others. the madness taking place on the grounds of california's state capitol in sacramento between two rival protests, twp, traditionist workers party labeled as a white national group, had a permit to conduct a legal rally there, but opposing groups like by any means necessary showed up in much larger numbers to disrupt that rally. >> everyone who came here today came here united with one goal and that is down the nazis. >> they attacked us with all these weapons chanting kill the
1:46 am
nazis. these were not people, these were radical left wingers. they stabbed one of our members, they hit one of his arteries. >> and so as the fighting intensified, the state capitol building was on lockdown. police as you can see moved in breaking up the fight, dispersing the crowds. and police say at least ten people were taken to the hospital, at least five suffering stab wounds. >> the morning went on, a number of scuffles broke out, and culminated with a number of assaults that took place on the capitol grounds. >> to resort to violence is not the way to do it. by any side, whether it be the skin head racists which i am not. >> so authorities are still investigating to find out what happened. but no arrests have been made. >> kelly wright live for us. thank you p. well, a guy community deserves an apology from the catholic church. those are the words from pope
1:47 am
francis while on his way back from and you are mean i canrmen. the pontiff says church has no right to judge them and should also ask for forgiveness from other people who have been marginal azed like women, the poor and children forced to work. jesus getting benched? a local colorado pastor battling over ads on public transit benches because they refer to jesus. the ads feature this picture which reads jesus is the lord. the pastor says that he was told by the city transit agency that he was allowed to use the name, but the city is now refusing to renew his contract. purdue has advised on city benches for the past three years and is now threatening with a free speech lawsuit. well, a community divided this morning because listen to this, of july 4th decorations. sparks began to fly in a new jersey neighborhood after some began complaining that they are distracting. others say it brightens their day. now an area that is usually with
1:48 am
flags and signs now empty. they're set to speak about it in their next meeting in july. well, a record number of americans expected to hit the road this independence day. aaa says 43 billion americans are planning to travel 50 or more miles. of those 43 million, 85% are expected to drive. low gas prices fueling the road trips. national average for a gallon of regular sitting at $2.31. july 4th is next monday. one of my favorite holidays. >> hard to believe it's coming up so soon. it was a shocking result in europe, but will the brexit vote finally force american politicians to change their fiscal policy some we'll have an economist on deck with that. and is donald trump considering newt gingrich as a running mate? what newt revealed about the vetting process, that's next.
1:49 am
1:50 am
1:51 am
1:52 am
welcome back. it is the fight for vp. newt gingrich says he has not been contacted about being given the spot, but donald trump might not tap anyone until the next month. >> no, nobody's called me, nobody said would you like to be, nobody said would you be willing to be considered. nobody said anything. i think donald trump does not want to make a decision until the convention. >> and on the democratic side, senator tim kaine plays coy. he is considered to be a top contender for hillary clinton's pick. and is now agreeing with critics. >> true, i am boring. but boring is the fastest
1:53 am
growing demographic in this country. >> and when asked about a possibility of being president, he said that no one should ever say they're ready for that responsibility. now to a fox news alert. all eyes on the stock market this morning while everyone from donald trump to hillary clinton's campaign manager say politicians should take the brexit vote as a message to change policy here at home. >> those here in the united states are incredibly frustrated. there aren't enough new jobs, wages aren't rising. so people are very frustrated. and the next president will have to address that issue. >> but will they listen is the question. here to weigh in, university of maryland economist and former chief economist for the united states international trade commission peter maressi. thanks for waking up with us. so maybe politicians should take
1:54 am
advantage and lower taxes? >> i think more fundamentally american politicians have to recognize that the very same forces that caused many brits to vote to leave are at work here. frustration over immigration, frustration over trade, frustration over international policies that basically victim size a lot of hard working americans, leave them unemployed. if we elect hillary clinton, we'll get more of the same. she basically wants to buy people off with free stuff and eventually that will lead to a budget crisis. >> the role of a politician and political leader is to help calm fears during uncertain times like this. what should we be hearing from our politicians today to make us feel better about what is going on? >> i think americans need to encourage the europeans to come to an ordinarily transition with britain and to encourage the british to come up with a leader a lot quicker than october so that they can effect such an
1:55 am
ordinarily transition. england can have a very good economic relationship with the rest of europe if they negotiate it live and quickly. this notion that somehow we'll help europeans punish britain in the manner that barack obama described, he said if they leave, to negotiate free trade with the united states, that is nonsense. they should be first in line because they're most like us and they recognize european socialism is not good for them, not good for europe and certainly not can good for us. i want to be in bed with the british, not the french. >> so how should americans be thinking about this. waking up this morning first week since the brexit vote. trading will begin, markets opening. how should they be thinking here at home about how they can take advantage of what is going on and just thinking about it in general? >> i think in a couple more days it will be a good time if you have cash that you want to move into the markets.
1:56 am
probably not today. this will take a few more days to work itself out. so we'll probably see the market continue to sink. in terms of just being a consumer, this summer will be a great time to travel to europe. i'm going. because after all, the european currencies will be dirt cheap. this is a great time to enjoy the continent. >> perfect excuse to plan a trip to italy. great advice. i'm on aboit. thanks so much. brexit backlash, financial uncertainty this morning as the markets open for the first time since britain's historic vote. what you can expect, "fox & friends first" continues up next.
1:57 am
1:58 am
it is monday, june 27, and brexit backlash. financial markets across the world opening in a tail spin as investors in the u.s. prepare for a stock selloff. what you need to know before the opening bell. and donald trump slamming two new polls that show hillary clinton widening her lead. we'll tell you what the polls say and how the trump campaign is reacting. and fireball in the sky. terrifying moments a plane packed with people send gulfed in flames and forced to make an emergency landing. "fox & friends first" starts right now.
1:59 am
good morning. you're watching "fox & friends first" on this monday morning. >> thank you so much for starting your day with us. investors anxiously awaiting the opening bell here in the u.s. as markets around the globe paint a grim picture. thursday's brexit vote setting off a chain reaction of market volatility. amy kellogg is live for us in london where trading has already started. going to be a busy day. >> amy, good morning. >> hi, abby, hi, heather. people here wondering when they would hear from the chancellor, he has been silent since the brexit vote. that was the source of a lot of nervousness. he finally did come out and break his silence just ahead of the opening of markets today. he said that britain is in a position to, quote, hard one strength and that the shock of this won't be as bad as it was in 2008 after the crash then.
2:00 am
but markets are still down. the dax, ftse, hang seng, things not nearly as volatile as they were on friday, but it is far from back to normal and sterling is still considerably down. the british chancellor george osborne also says that a lot more contingency plans than we know about are in place, and he calls them robust. he said public finances would suffer, but that britain is open for business. >> amy, thank you. now to the u.s. where in just a few hours, markets will open here at home. so what can we expect? >> if you turned away from the markets on friday, what a selloff it was. first giving you a look at those numbers, the dow losing 3%, a loss of 610 points. and nasdaq losing more than 200 points.

186 Views

info Stream Only

Uploaded by TV Archive on