on shaky ground this wee >>> stocks for these turbulent times. >> safe bet, charles. me and lot of other americans are going to have a cup of coffee this morning. bet on joe.path coffee. >> adam, what do you like? >> vanguard consumer staple. >> ben? >> spiders as always. just buy the market. you'll do great over the long run. >> i guess we could say the same about this britain stuff. we got your back. cost of freedom continues with forbes on fox. this is the place you want to be, fox for business. >>> forget propaganda for future attacks. terrorists now using social media even during their attacks. this week, facebook agreeing to help authorities after the orlando nightclub shooter made disturbing postings in the middle of his ram page as a terror in france caught live streaming on facebook while killing a police officer and his wife. now, some are demanding social media companies step up to help take these terrorists down, but is that their job? hi, everybody. i'm elizabeth mcdonald. welcome to forbes on fox. rich carl guard, mike,

i was a 14-year-old kid and i bed $120 that i did not have on him to win the fight of the century against joe frazier, and the reason why i bet is because, first of all, i saw his enormous talent. i saw how fast he was and how brilliant he was when he got in the ring. he was different, he was special. like bo jackson, the first time you saw him run with a football, you're like, this guy's better than everybody else. but the main thing for me, i didn't trust people. especially male figures. i didn't trust people, because most people what they said, they didn't live up to. they did what was convenient when the moment came. when the moment of truth, when the pressure came, they changed their mind, they didn't keep their word. but when ali said that i'm going to give up everything to not go into the army, to stand up for my religion and what i believe, and i'm willing to lose everything i worked my whole life for, i understood what that meant in boxing, you went in the ring, you took risks. and he was able to say, i'm going to give up my cars, give up the house, give up the wealth, everything that i worked since i was a kid to ga

betting on upside here. i'll be in two to three weeks. >> joe, what did you find? brexit and the presidential election is impact being markets. m & a is down year on year. in europe, it's down 25%. in north america, down 8%. maybe we can unlock the m & a we saw in the last couple of years. >> talking about brexit a lot more. >> quite bate. and the polls have pulled even for the first time. and when we talk to your managers, nobody thinks brexit is going to lead. >> and nobody thought donald trump would be the nominee. hello. >> that does it for us. "power lunch" starts now. >> see that fancy building there? big battle breaking out inside at opec. we're live at the cartel's headquarters straight ahead. welcome to "power lunch." brian sullivan is at opec headquarters. brian? >> all right. thank you very much. yeah, the building behind us, maybe a battle, maybe a fight. maybe a discussion, either way, no deal on output limits were struck. in fact mshgs members were not looking for some. we know, however that, certain nations, ven ez wail yashgs we're looking at you an

i think to anybody who wants to bet on this election is crazy at this point in time. joeand i will concede he has a slight edge but it will be a knock down drag out race. we won't know till the end who is going to win us. >> thank you for being with us, we'll continue to watch this closely. >>> irvin magic johnson is known as being one of the top five nba players in the world. years after his retirement from basketball he's still making an impact as the founder and ceo of magic johnson enterprises with huge success. he is considered by many the most powerful african-american man in business. true to his belief that he should use his talents to help others, johnson is helping south carolina state university, a historically black college that has experienced tough economic times. like johnson, the school maintains a pioneering spirit to rebound from a setback and excel beyond the dream. in the nation's capital urmagic johnson talked to the alumni chapter of south carolina state university. the enthusiastic crowd enjoyed johnson's announcement that he was helping the histori

bet it's rapper fat joe. he was in the green room. kennedy: he will be here to throw some shade onlar presidential candidate. find out who in moments. america, they don't call it travel season for nothing. ♪ should i stay or should i go? ♪ this summer at choice hotels the more you go the better. now get a free $50 gift card for staying just 2 times. so go. book now at choicehotels.com. you always have a choice. [bassist] two late nights in blew an amp.but good nights. sure,music's why we do this,but it's still our business. we spend days booking gigs, then we've gotta put in the miles to get there. but it's not without its perks. like seeing our album sales go through the roof enough to finally start paying meg's little brother- i mean,our new tour manager-with real,actual money. we run on quickbooks.that's how we own it. kennedy: nothing can stop him. that's fat joe's latest single "all the way up." the platinum artist joins me to discuss his music and how he's leaning in the 2016 election. rapper fat joe. you are not that fat. you look good. >> i'm trying to stay way from the car

bet it's rapper fat joe. he was in the green room. kennedy: he will be here to throw some shade onicular presidential candidate. find out who in moments. maybe he hates bernie sanders. is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles. super poligrip is part of my life now. the call just came in. she's about to arrive. and with her, a flood of potential patients. a deluge of digital records. x-rays, mris. all on account...of penelope. but with the help of at&t, and a network that scales up and down on-demand, this hospital can be ready. giving them the agility to be flexible & reliable. because no one knows & like at&t. kennedy: nothing can stop him. that's fat joe's latest single "all the way up." the platinum artist joins me to discuss his music and how he's leaning in the 2016 election. rapper fat joe. you are not that fat. you look good. >> i'm trying to stay way from the carbs. work out. same old, same old. carbs are the enemy. kennedy:

look at the powerful circuits she has that i bet you would be happy to have on your show in a minute. barack obama, michelle obama, joeen, elizabeth warren. at some point, bernie sanders. he has no one to speak for him right now. my goodness, paul ryan? what he says about donald trump at the moment is that his remarks were racist so he can do certain things without money but you need a campaign and he doesn't have a 50 state operation or he says he wants to run in all states. that is something even obama and romney and clinton and mccain did not do because you target the state where you think you can win outside your republican or democratic base. he needs some strategic decision-making then and we haven't seen it yet. jon: kimberly stossel has been a gift on this program several times, wrote an interesting piece in the wall street journal entitled trump can't win it forever. she writes, mister trump is in a race against the seasoned politician who commands a machine and is already setting daily him. the mainstream media are in the tank for her and their airtime will be be devoted to skewering him. mister jones orders

joe, stand by for me. we're going to try to bet near audio signal for you. joe has been seeing really the walking wounded. those with bandages on their heads. the death count now at 28. 60 injured in this attack. >> that's right, we're hearing from trt, the turkish state television now that there were three explosions. previousliar with heard there were only two explosions. this is obviously a very fluid situation. events are changing quickly. we're learning more all of the time. it does know appear according to turkish state television there was three explosions. apparently indicating this was some kind of a coordinated attack. i go back again -- >> three attackers then, is that the expectation? >> one would assume, but we're not in the business of making assumptions. and i come back to this idea as well that is not a suicide bomber, but a suicide fighter. the idea is you have your ak-47. you kill as many people as you possibly can, and only then do you detonate your suicide vests. this is like what we saw in the paris attacks. as we saw before at this stage, we don't know if sies was responsible, but there are a couple things

on the very far end. it seems like a matter of time before goes negative there. scarlet: i bet germany's chart looks pretty similar. joe: every chart. it's remarkable. scarlet: look at the pound. raced itsd -- it he losses. that did lead to speculation that voters would lean more towards staying. month, the pound is the second worst-performing major currency, down almost 2%. the worst-performing is the mexican peso. the yenther extreme, benefiting from the safe haven status it enjoys. versus the dollar, the yen is the highest since 2014. interest rates and monetary policy unchanged ahead of our local election next month and the brexit vote. commodities, we saw a selloff. gold ending down on the day. at the same time that equities did, which is not surprising. losing, there is the beauty i down to -- there is wt i down. scarlet: breaking news from oracle, fourth-quarter adjusted earnings per share, missing estimates come $.81 versus $.82. revenue is higher than anticipated, 10.6 alien dollars. analysts were looking for $10.5 billion. software as an added service increasing 75% to 85%. that is some good guidance for the

on friday.>> rollup to the ballpark in san francisco, the giants first losing streak. i'll bet he didn't pay for those seats are. that's joeom, he was good. this is a terrific battle of aces. mac williamson in the 8th inning, just over the car. the red sox had runners on, the bullpen finished giants win 2- 1. there just over .500. david ortiz only hit once each game because he's the dh, not allowed in the national league. we want to be comprehensive, bob melvin is saying another four-game losing streak in the brewers had the early lead 1-0. the a's fall. they are 25-33. the warriors are stealing all the spotlight from the a's. >>> here's what's next.>>> in the city of 93,000 people, is it hard to find free stuff for the taking cracks --? ♪ ♪ my name is jamir dixon and i'm a locafor pg&e.rk fieldman most people in the community recognize the blue trucks as pg&e. my truck is something new... it's an 811 truck. when you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you don't hit them when you're digging. 811 is a free service. i'm passionate about it because every tim

one eyebrow is raised, is it not? you've got my betting numbers today? because those still -- people that point to stay say those are still in favor. i keep seeing the polls. >> joethey are, it's not just an eyebrow raise. it's an eyebrow very firmly raised it's firmly behind exit. remain is most likely but only 59%, the latest betting. >> did you say 59 or 69? >> 59. so it's getting very, very close. extraordinary momentum behind exit that remains still just ahead. and the pound is certainly responding to it. and european equities you'd have to say responding as well over the last trading session. they're down 6% over the last week. >> i saw a video, i won't go into the source, but it was a gentleman speaking about -- it was supposed to be taking place a year after the vote, when it's been a year of being back out of the eu. who -- have you seen this? who is the gentleman speaking there? >> i think you're referring to a. member of european parliament, daniel hernan. a conservative member. it's hard to say without seeing the video, it suggests that it the european union could celebrate which i think is overdoing it. >> okay. i felt like a subject. a royal subject

about joe kennedy as her replacement so there is this idea that there could be another kennedy reclaiming the kennedy seat. >> if you want to make some money, call me up and say you're betting on. call me first. i want that opportunity. >> we reported that kory lewandowski, trump's fired campaign manager, had a $1.2 million book deal on the table. the publishing house rescinded the offer because he refused his nondisclosure agreement and they were worried that trump would have some control over the book. corey pushed back. i've talked to a source who has seen a company of the proposed contract and said it took readers behind the scenes of the trump campaign including publishing never previously public accounts of stuff going on involving trump and his inner circle. you can see why that would conflict direct when i a noncompete trump. >> there is a big fund-raiser for trump in the hamptons next week on july 9. trump will be there as well as reince priebus, the chairman of the republican party woifl recommend looking for some big names showing up at that event. >> how do the little people get in that one? >> probably wouldn't. >> through the kitchen. >> anyway, thank you. coming

bet leaves casino workers stunned. >> this is the craziest thing i've seen here. i have never seen anything like this. >> when "caught on camera -- sinister, strange, shocking 2" returns. >>> kenneth anderson is enjoying an evening cup of joe and the day's paper when in a split second everything changes. >> no one seen the car coming whatsoever. one of my waitresses said it sounded like a bomb went off. >> all i heard was a loud bang. oh, my god, i was like, what happened? >> it's not every day a car drives into the wall of a building but what's even more unbelievable is that the suv that crashes into this wall is moving at the speed of 55 miles an hour and the victim on the other side walks away. >> it's really shocking how he just got up and moved. i think he was just totally shocked. >> the story made its way from the coffee house in wilkesboro, north carolina -- >> this is "today" -- >> -- to the national airwaves. >> and now to the most dangerous meal one man will ever have. kenny, good morning to you. and first off, how are you doing? >> i'm doing good considering what happened. >> what happened can only be believed because the diner's surveillance cameras caught the entire event as it played out. the coffee house is

part of the talk, joe, the federal reserve after what happened in the uk is pretty much off the table. maybe more likely to see a rate cut than a rate hike that everybody is betting onate hike this year and who knows what next year will bring. but i think this is a small, not going to push u.s. into recession but it's a small but noticeable slowdown in u.s. exports which will, also reduction in u.s. inflation. connell: i guess one of the questions, how are we doing besides this? one of the people are telling us we had on a guest earlier, with all the issues in our economy we could be headed close to recession minus the u.k. everybody is looking this as excuse to say we're driving us there. we have our own problems. not as like the growth numbers were great. >> the recession happens usually happens when something you don't expect happens. that could always happen i guess. i don't see anything in particular. you don't see any obvious sources of risk but it will come out from somewhere you don't expect so i don't expect a recession this year but the 25% chance of a recession. connell: things like you don't expect happen, a country think you vote one way and they vote a

on the show, i think. >> joe, i have been telling people for quite a while not to believe in the polls, not to believe in the betting, that we were going to have to see, and i have advised the institutions that our firm does business with to have cash, have a good stack of cash, and to be ready. and that's exactly what's needed to do, a bunch of cash to be ready. >> and the worst-case scenario is what, mark? you're talking about having a lot of cash to be ready. to be ready to circle the wagons or to redeploy after a near-term se selloff. >> i think it will be several steps. i think a lot of people and the politicians in europe are trying to get the media to focus on britain, which is certainly an incredibly important issue, but the more important issue is the future of the european union and can it survive. i think you're going to have the spanish election sunday and then major issues in the netherlands and in france. i was delighted it was a win, a tremendous win for democracy that the people in britain got to vote for their future. i was delighted that, whatever the vote was, i said many times i would have voted