joining me now is brian reynolds, chief market strategist at reynolds strategy. good to see you again. welcome. >> thank you. >> you've been more sanguine about the market for much of this year. i know we talked about a ceiling as we headed through debt ceiling and then we wrapped that up and it seemed like we are going to go to open waters and is this rate thing that much of a concern? >> i think it's a significant concern in the short term. i had been on earlier this year saying once the debt ceiling was finished and we would go back in the 4400 area on the s&p and it ended sooner than we thought because the government almost ran out of money sooner than i thought and we still have the move of 4400 and it overshot by a couple of hundred points and now in the last month it's back down in the 4400 area and the big concern is the rise in bond yields and that rise is concerning to me because people optimized when banks started going out of business and depositors started taking money out of banks. the activity in treasury bonds this spring was enormous. the ten-yea

big of a market impact, but also not usually that -- or maybe i'm misremembering i node from brian reynoldsg he thinks a lot of institutions are chasing this market higher, and as they continue, you could see stocks generally move to the upside. >> path of least yeance -- financial is sound, house sergeant sound, the consumer may be running out of wallet, vis-a-vis inflation, but the inflation is begin to go moderate there's signs of a soft landing. you are to have carb, companies are still earn money we're not in a crisis, but we shouldn't ignore it. we've got to pay attention to this, kelly. we can't deet racking up the debt on and on without a plan here it seems like lost sides of the aisle are intent upon doing that. >> they'll be the new bench dismarks michael, thank you so much >>> meanwhile, losing its edge, weak guidance thanks to canceled orders and elevated inventory. why is the u.s. lasor market so weak right now we have the details, next. rk. [phone: go straight.] but, to navigate the complexities of modern work... [phone: turn left.] ...you need more than technology. you need c

brian kemp jump in the race. shannon bream asked i was governor kim reynolds about that earlier today on "fox news sunday." >> i thinke have a great field of candidates right now but i think we do not need more candidates in the field crew probably need less and that's kind of what we do with the iowa caucus. our role is not really to protect the winner but we start to narrow the field. >> the debate stage is set there will be eight candidates this wednesday night in milwaukee. with our own host bret baier and martha mccallum getting gray to fire the questions get your popcorn ready, jon. >> it will be something lucas thompson thank you. the three latest gop white house candidates to say they are qualified for wednesday nights first debate chris christie, mike pence and asa hutchinson all sign the rnc pledge just three days before the big face-off here in fox news let's bring it rnc national spokesperson madison gilbert parade thank you for being with us this evening. >> good to be with you, jon. >> we have eight candidates on the stage everyone is wondering whether donald trump might change his mind but beside from

report that virginia governor glenn youngkin and the georgia governor brian kemp were receiving proposals from topper publican donors. reynoldsays they are not ready -- not really to protect the winner but to start to narrow the field. that's comments from the governor there as far as the current field. let's hear from nate in las vegas on our no line. >> trump does not need to go. we have enough to narrow the field and i think seeing these guys on wednesday go added with each other. i wish the first words that it, out of all of their mouths is that we need to get rid of the biden crime family. and all of these things that he's done that the media has ignored and that his son has done. and he's got to go. i don't think biden will be the nominee. i think you will see a surge of the media i think is going to see them turn on him very soon and trump doesn't need to be there. trump is the guy. he's america first. just think about what the media and the democratic justice department has done to this man. this guy is going to win. host: as far as specifics why the former president versus the current field of those interested in the