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power your life with generac.all or go online to request your free quote today. a test or approve a medication. we didn't have to worry about any of those things thanks to the donations. and our family is forever grateful because it's completely changed our lives. >>> 27 hour, keeping a close eye on the door of air force two, we expect that vice president and governor walz to exit the plane shortly. it seems like it's a rainy day there in pittsburgh, so they may be gathering things, umbrellas and the like before they do send the steps. to the awaiting, excited crowd of about 150. we will keep an eye on everything happening there but there's also breaking news to report, the secretary of state, is in israel today, to push for the finalization of a gaza cease-fire deal, this, after president biden said he was optimistic that a proposal put forth during last week's talks will close the remaining gaps between israel and hamas. blinken will be meeting with benjamin netanyahu on monday to seal the deal and head off a po

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power your life with generac. call or go online to request your free quote today. stuart: is that an attempt at flattery? that's what it is. to the money this friday morning, dow up 60, nasdaq 188 points going up. the ten year treasury yield is going up 3.87%. oil at 73 and coming down a couple of bucks and bitcoin around 59, 60,000. we just received an important economic read with the consumer sentiment number. what have we got? lauren: 67.9 the month of august. what, that would be less than expected. university of michigan exciting a balance. support from democrats who are cheered that biden is not in the race anymore, it would be kamala harris. inflation very much determines how we feel about things. 3%, how do we feel currently? the number went down but how do we feel about the future? that went up a little bit. final point when trump is in office, we are at -- stuart: congress is down 30% from the days of trump, people not feeling as good as they did than. that the politics of this. now this. it was unsatisfy

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generac. >> fantastic business.got in trouble from 2001 because they over-stocked during covid. they spent eight quarters working through that overstock. destock cycle and now they are in the restock cycle. residential was up 8%, commercial was up 10%. they beat and raised for this quarter so we like this business. the grid is unstable and we're entering hurricane season, as rates go down so people are going to be able to finance them more easily. stuart: where does it go? we're at 137 now. where does it go? >> this is probably over time going to work towards 200 to give it 12, 24, 36 months. stuart: 12, 24, 36? okay. >> you know i'll tell you they've got 6.25% penetration for their total addressable market with tremendous opportunity moving forward so i want to be conservative but our expectations are much higher. stuart: tom hayes, thanks for joining us. you'll be back. >> i appreciate it. stuart: lauren is looking at the movers. let's start with google and meta. lauren: the stocks are both higher, after a bombshe

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power your life with generac. call or go online to request your free quote today. >>> welcome back to "the exchange." i'm tyler mathisen with your cnbc news update. >>> microsoft firing back at delta airlines today. lawyers for microsoft saying the carrier turned down repeated offers for help following the global i.t. outage last month. it comes after delta hired prominent lawyer david boies to seek $500 million in damages from the software giant and crowdstrike for thousands of flight cancellations in the days following that outage. >>> in the wakes of far-right riots across the uk, elon musk posted that, quote, civil war is inevitable. uk's prime minister fired back saying comments have no justification. the riots unfolding last week that left three girls dead and was falsely blamed on a muslim migrant through an online mst information campaign. >>> and billionaire michael bloomberg is giving $600 million to four historically black medical schools. donations are said to be one of the largest ever private donatio

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power your life with generac. your free quote today. ♪ ♪ >> harold: welcome back, we went from dreaming about the white house to dumpster diving. a greasy gavin newsom's getting down and dirty and making sure the cameras are rolling as he picked up the garbage left behind by decades of the failed left-wing policies. personally clearing out several homeless camps in l.a. county. looks like he's doing community service as punishment for destroying california. the trash talking governor who picks up trash as morning local officials cut funding from cities that refused to get their streets in shape. >> there's no more excuses, where's the urgency? get out there and address the number one, two, three issue in the state with the intensity and purpose. if that's the kind of action i want to see. for me, if we don't see it, it is not complicated. we are not going to continue to make the investments inc. unities that are not willing to do their part. i'll redirect the powers to counties and cities that are doing their part

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power your life with generac. call or go online to request your free quote today. >>> we're rallying into the close today, rebounding and trying to recover a good portion of losses from the previous trading days. my next guest says we haven't seen the bottom yet, but he's still finding opportunity for investors amid this volatility. let's bring in warren pies of 314 research. why do you think we've hit the bottom? >> that's just what history says. yesterday at the close we have an 8.5% correction and we went back and studied every 10% move historically going back to 1970s and in general you have a 10% move and more than a half of those you go down another 5% on average. those results get better when the fed cuts within the next three months and definitely better when you don't have a recession so that kind of leads me to believe that historically, you would expect maybe we get down to something like the 4900 level that we saw in the april lows, but you know, if you'rea long-term investor and an intermediate term i

power your life with generac.line to request your free quote today. ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. stuart: that is a market selloff the dow is down a thousand points 2.7% it's been this way for the last 45 minutes, we have not fallen further we come back a little but we still have a thousand as per the nasdaq that was down close to a thousand points now is down 600 we come back on that one, jason katz joins us, should the fed jump in with an emergency rate cut. >> we were talking about this prior to the segment and that equivocation they should not do that they send shockwaves to the market they got it wrong the first jackson will go around and they may get this wrong the second go around, the fact that they had a golden opportunity a few short days ago and

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power your life with generac. to request your free quote today. >>> today the nearly 3 million women of alabama are waiting a huge decision from a federal judge. at issue, whether healthcare providers and abortion advocates can be criminally prosecuted for helping pregnant women get an abortion elsewhere. ever since the fall of roe v wade, alabama has become one of the most restrictive states in the country when it comes to abortion access. alabama does not recognize exceptions, even for rape or incest. now, this man that you see on your screen, republican attorney general steve marshall, he wants to expand his handmaid's tale ideas beyond his state orders, suggesting that he would use the states conspiracy law to prosecute those who, quote, aid and abet an abortion. marshall was quickly sued by a number of advocates groups to stop him from following through on his threats. joining me now is dennis felton, executive director of yellow hammer fund, one of the groups that sued the alabama attorney general over his t

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if the utility company does not come through, our generac does. happened, we just want to be prepared for anything. 8 out of 10 home generators are generac, with thousands of satisfied customers. number one thing to prepare for is extended power outages. don't make it so hard on yourself, have a generac home standby generator. and owning a generator is easier than ever. special financing and low monthly payment options are available, and if you call now, you will also receive a free 5 year warranty valued at over $500. call or go online now to request your free quote. stuart: a mixed picture on the markets, not much price movement, downtown 50, fractional losses for the s&p and nasdaq. show me big tech. it was a mixed picture. it still is. we have meta, apple, alphabet up. microsoft down a bucket. amazon down $0.60. not much price movement although meta is getting close to an all-time high. promise to most readers expected to take the streets ahead of harris's speech tonight. what are officials expecting tonight? >> reporter: numbers have not been