susan li, adam lashinsky and liz peek back to liz i'll start with you. i've got the 8-k filing from harley. it will cost them in tariffs anywhere from 35-40 million this year almost 100 million next year so it makes sense you'd think from a business standpoint to produce the finished product overseas, but will this back fire on harley with american consumers? >> yeah, i think it could and i think this is an incredibly political situation, being headquartered in wisconsin, it's like dairy farmers in wisconsin. that's obviously a very important state in terms of any upcoming elections and don't think the eu isn't targeting harley just exactly for that reason. i think it could back fire on article it davidson. my guess is they don't do this. i think this is their way of saying look this could really hurt us. eventually we have to respond to this. they don't have to do it today. they don't have to do it six months from now. clearly at some point they won't want to absorb those losses so but yeah, i think american consumers are not going to like that. adam: w

expert, also fortune magazine executive editor best selling author among others inside apple adam lashinsky. adam what do you make of this oprah thing first off? >> well, the oprah thing is one of a series of moves that apple has made recently including hiring two television executives putting down the money for smaller projects, they are bulk ing up on their ability to create original programming. so far exactly the same way that netflix and amazon have before them. neil: so this is about going individual by individual, or producer by producer, but not necessarily buying something like a big old from flung series of properties from a media entity? >> that's right. i think that buying something like fox and it had been rumored for years that they should just buy disney, is really very, a very low probability for the simple matter that it's not consistent with apple's culture. it's not the money. they can afford it. they don't like to bring in large numbers of people from a different company into their company. in fact they've never done it. beats was a $3 billion deal with the biggest deal

david: liz peek, the "fiscal times" columnist, adam lashinsky, fortune executive editor and fox news contributor. adam, first to you. we have a screaming at us. we have tariffs. wilbur ross came back from china pretty much with nothing. yet the market slugs it o why? >> gosh, if i knew that, david, i wouldn't be sitting here talking to you and liz. no, i think, i think, the best you can say nothing changed on the trade front. it is about what we thought it was last week and the week before and lots of things have changed on the economic front for the better. so there is a of stasis. nothing's happening. that is good today for the markets. david: liz, i have an answer. let me check it out with you. the market has completely discounted what comes out of mouths of politicians, whether european allies or canadians. they look what is actually happening. the pro companies are actually making, the strength of the economy, number of people going back to work. that is why they're voting in favor of this economy. >> i think that's fair. acceleration in the economy evident with the jobs report a

adam lashinsky, to "fortune" magazine a fox news contributor and liz peek columnist for foxnews.com. liz, we saw the dow 200 points to the negative side. a lot of pessimism about trade wars and worries about profits slowing down, this rate inversion thing. but in the end 100 points to the downside isn't that bad and it seems like the fundamentals of this economy are strong enough to overwhelm the concerns, am i wrong? >> no, i think that is exactly right. basically you have a very strong, not only underlying growth, more and more people come up with 4% plus for the second quarter now and by the way for subsequent next two quarters, probably over3%. that translates into strong profit growth. there was article recently saying maybe profit growth for the s&p had peaked in the first quarter or in the second quarter. maybe so, but those numbers are unsustainable. we all know there was a big one-time bounce from the tax cuts. david: right. >> no one expects to see that going forward. really those are just not the concerns -- david: by the way just to be specific about it, like 25% increase

adam lashinsky in san francisco. >> thank you, neil. neil: we'll have more after this.s. really helped me up my game. i had a coach. math. ooh. so, why don't traders i hhave coaches?ath. who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. . . . over 260 years later, with a little resourcefulness, ingenuity, and grit, we're not only capturing energy from the sun and wind, we're storing it. as the nation's leader in energy storage, we're ensuring americans have the energy they need, whenever they need it. this is our era. this is america's energy era. nextera energy. neil: all eight begin to have future of this primary. the we'll have far better idea later on tonight when we kick things off. u.s. farm and energy products. only if president trump promises to abandon the 50 billion-dollar tariff threat. we are on it. markets are off, this progresses as we go throughout the session. significantly