i think it needs to be brought back. >> mayor, it is carol roth. building on that, you said things like there's plenty of money in this country but it's in wrong hands, whether it's oprah, jeff bezos or a small business owner that's built up the equity of his or her business over decades and decades, what is it that you think gives the government the right to demonize that success, to take away that money, and to give it to somebody else who doesn't earn it? >> well, honestly, i believe there's nothing demonizing about making sure there's fairness. look, we have got a country right now where for a huge part of our population, it is not working the way it used to. i'm someone who actually believes in an american dream where prosperity is shared, where there's an opportunity for a huge huge number of americans to get ahead and to make the next generation have even greater opportunity. we don't see that now. one of the reasons is the concentration of wealth and power in the hands of the few. we're not talking about small business owners. we're talking

dan shaffer, carol roth as well. as we watch this, carol, you take it first.t fits into the whole conversation we're having about trade, about g7, about everything that if you're president trump he is basically said already in some words there is no trade deal until this whole thing is resolved, right, in hong kong. wants to see how it plays out? >> the worry i have, it seems like china is animal backed into a corner here. you've got trade on one side. protests on one side. a major financial center. what happens when an animal is backed into a corner they end up lashing out. the u.s. may tie protest into trade, which means we could end up with all kinds of different bad outcomes here. i don't think this is good for trade individually, for the protest individually, and when you put it together it could become very explosive. connell: what do you think of the idea, steve, putting all this together, the words from enemy that is xi xinping, plus hong kong, how he reacts to all that? >> the only way hong kong gets tied to trade. there is a crackdown, no deal comes,

joining me now, i carol roth, zachary and steve forbes, despite today's truths by china's central bank the war words continue with the chinese saying labeling beijing a currency manipulator will severely damage financial orders and cause chaos in financial markets. is there anyway to strike a deal with the rhetoric getting so hot? >> david, i think the biggest impediments to us striking a deal is not the rhetoric, is that the chinese refused to negotiate in good faith. we had a deal that by all accounts was 150 pages long and very robust and at the 11th hour they declined not only to sign it but took about one third of the deal out. if they are not willing to negotiate in good faith, i don't think it matters with the rhetoric is. now, culturally they like to save face so i think it's more inflammatory and doesn't help it, but at the end of the day i think the biggest responsibility here lands with the chinese. david: china's not a currency many bleeder, david, for years the tide the want wrigley to the dollar. we criticize them for not having a revaluation, we get mad when they have a

we have carol roth, jennifer schoenberger.nt trump, his disdain for the federal reserve, i got to tell you in the last few months, more and more people joined him, thinking that the fed made serious mistakes, particularly the rate cuts last year. what are your thoughts? >> i absolutely hate this obsession with monetary policy and the fed. i think it is completely misplaced. i think it is weird an obsessive. if you think about the role of the fed and monetary policy and with they're trying to do, there is no legitimate demand for investment whether on the consumer side or investment side is being held up because businesses or consumers don't think interest rates are low enough. we have had low interest rates, historically low interest rates for years. we still have them. why businesses are not making the level of investment is because of uncertainty. they don't know what is going on with trade policy, whether it is with china or perhaps our other allies. political uncertainty. they are worry ad tweet could upset the market. at

carol roth, future file planning legacy system. thanks to you both for joining us. gary, i will start with you. what is reaction to all the crosscurrents? every day a new take with china, deal's on, deal's off,. >> until we reach some sort of resolution, maybe even better, there is no headline news, i'm not sure we will get a resolution, i think market is going to continue to go up and down, by big numbers. i will say overall after nearly, what, four days the dow dropped 1000 points, very hard for me to believe it is going straight back up. we've seen, you know, we're up and then kind of a little flattish today. i think we do need to probably drop down at least, retest the lows that we said earlier this week if not a little bit further. right now i'm not very bullish. melissa: care, what about you? >> i think gary is a very wise man, i hope everybody is stocking up on their dramamine. i think we'll see ups and downs, ups and downs. if you think about china i don't know anybody thinks we'll get a deal but the question will tariffs increase in september? is that a blu

bring in carol roth, future file legacy planning system creator. veronica daguerre, ignore the bird, swallow, or whatever was behind her. how do you sort out the tumultuous week? >> how about the vix that is back on everyone's radar. i think as an investor, this makes you sick to your stomach all this up and down, the average retail investor. today shows you can time this market. market timing is not a good idea. if you had sold the other day down 800 point you would have missed the rally today. you focus on things you can control, which is saving more, spending less, and if you need money the next two years, put a house down payment there or help your kids, to help pay for kids college education, take that money out of the market, put that in cash. so you feel safer. if you're not saving it, this is the time to see your financial advisor, think about your overall allocation. melissa: carol, i hate that advice. i don't want to spend less. who wants to spend less? >> certainly nobody. remember last week, melissa i told you to get the dramamine ready

joining me on the panel today is carol roth, christina partsinevelos, gary cutbaum.tax the rich in the

david: let's bring in our panel zachary, jonathan hoenig, carol roth and john burnette. as we just heard 572 million it's a lot of money but it's just a fraction of the original $17 billion lawsuit, stocks are popping, the stock pop is a result of that. it's actually come down and initially after the ruling, it was up over 4%. its come down to still a healthy 1.9%, so did the judge get it right, jonathan what do you think? >> well david ursino have to imagine at least some of that initial pop was just because of the fact this could have been so much worse. once again the state asked for billions of dollars and they got essentially about half of a billion but the prospect for even more court cases, cases in other states are one reason why we seen the stock come down once again and to the point made in grady's piece there's a lot of factors that go into the opioid epidemic and interestingly medical use is not the major cause of addiction or overdose and my fear is that all this attention, all this regulation is going to mean these drugs are less available to those who actu