david asman following all of that.t warned us about the or nest of storm brewing. it is still br latest. >> this is of the next storm that we're going to watch over the next several days a bit of a messy one not ernesto yet but it will become so, this is not necessarily organized storm that we showed you but we think it's going to get its act together over the next couple of days, these are the potential impacts as we expect this to get up along the east coast. initially in the southeast is going to be way too far to see big impacts and there will be closer to the coast, you will be talking about dangerous rip currents and sees across portions of the midatlantic stretching up into new england and it may be interacts a little bit more for candida that something we will have to wait and see that is days and days away. here's our forecast track, bermuda is ultimately on the area to be concerned about here, is you're looking at wins getting up to wanted to 10 miles an hour by saturday morning. we saw a long time to go but

david asman your thoughtous on d this? you know, she's got gall to call young people stupi sheln when she and her advisers don't understand the most basic, as jason was saying, about about business. she knows nothins sayingg. business price controls alwaysus cause shortagees. why? because of the fact that businesses can't affordke to produce unless they make a profit. and as you mentioned before,ofi. shawn, profit is minuscule of grocery companies. you thinmpaniek of you thinke of farmers, you think of people who really put their heart and soully into their work. and even the big guys, i mean, they are have a very 1.6% profit margin. compare it to apple, which hass like 30%, etc.. the bottom line is she's forgetting that rising prices don't cause inflation. they are the result of inflation. and therefore, when you throwlsl in price controls, all you get are shortages and represseds inflation, which pops up like a monster after you release it. mo happened when richardn ha nixon had price controls, when they were finally rel

anyway, david asman is very healthy. come on. n sort of rationale. it's interesting timing. david: it is a sign of the times as folks are cutting back on big deals of the day they are eating more snacks and the snack makers understand this. mars had a lot of snacks not available anymore, all of the sweet delicious stuff you and i have in our closet so our wives don't get them but they are going into a healthy snack, the kind bars and in an attempt to do this, mars is a private company. it is a break off of kellogg which broke into two pieces, that the public company, stock has gone up since mars announced it would make this deal for $30 million but it's a big company that involves a lot of people, 23,000 employees, $13 billion they made last year and they make a lot of stuff, this is the mars brand, the sweet stuff, unhealthy stuff, since people are snacking on healthy stuff more. mars wants to push stuff they can put on supermarket shelves in the snack area which they didn't have. kellogg used to have cereals but that's the part

david asman with us on that. he's right about that. david: short answer is he is.e need twice as much as the country now consumes is debatable. nobody knows for sure. and idea element is an ongoing process. the first section of it was focusing primarily on computing and memory. now they are focusing on getting more energy out of each chips. those numbers may be wrong. goldman sachs who has done research into this says ai will increase the amount of energy consumption by 200 tw hours. that simply means that as much power as it now takes to energize 10 million homes per year. that a lot more energy than we use. how are we going to get that energy? elon musk agreed even though he's a promoter of alternative energy, alternative energy is not going to be the simple answer. are going to need more fossil fuels. he was prodding trump on say anger you are right as much as i love lecture so energy for my electric cars we are going to need more fossil fuels and you've got to change the whole plan this administration, that biden harris has and presumably kamala harris has for

i'm david asman in for larry kudlow. joe biden passes the tore tonight at the dnc on to vice president kamala harris but what does it really that he is passing on? an unprecedented plan for a government takeover of much of the economy it seems according to kamala harris's economic agenda. price controls on food, housing and of course former commitment to completely socializing our nation's health care and a hodgepodge of new tax hikes to pay for it all. former house speaker newt gingrich will weigh in on all of that in just a moment. first our own edward lawrence has the details on the massive costs of kamala's proposals. hey, edward. >> reporter: talk about grocery stores. this is like cleanup on aisle six. harris surrogates coming out to clean up the economic cleanup the vice president was trying to do. the vice president not only in her speech unify herself behind "bidenomics" going forward but she pitched even more spending. the committee for responsible ped ral budget says the vice president's economic plans in all

1,000 people you would call to say had a new economics in this country. >> let's get your take david asmanr thoughts and all of this. spee and she has gall to call young people stupid when she and her advisors don't understand the most basic aspect as jason was saying about business. she does nothing about business. price controls always cause shortages because of the fact businesses can't afford to produce unless they make a profit. and as you mentioned before the profit is minuscule of grocery companies. you think of farmers. think of people who really put their heart and soul into their work. and even the big guys. they have a very small 1.6% profit margin compared to apple which has like 30% et cetera. the bottom line is she's forgetting rising prices don't cause inflation. they are the result of inflation. therefore when you throw in price controls all you get our shortages and reply repressed inflation which pops up like a monster. that's what happened when richard nixon had price controls when they are finally released because of all the long lines and charges. it went sky high and

to charlie gasparino and david asman who join us right now. get your sense about what the market seems to be saying despite all the consensus that was building, steady as she goes. charles: the consensus was the consensus of stock analysts. i can tell you i have been speaking all week to people who follow the bond market. economist, economic types, economists and they taught me one thing, and interesting conversation what can up in this election in a different way, a black swan event like a recession and i turned to a few of them and said a recession? markets are going up and they were like look at the underlying data and that's before today, consumer spending, one of the economist sources said consumer spending is hanging in but the sentiment indicators from university of michigan show softer. there are some selected earnings particularly in consumer products that are getting soft. there's a bunch of data, unemployment claims are at their highest level in a year and job opening data suggests the labor market is weakening. this was before toda

now, let's bring in fox business an color david asman to walk through -- anchor.to see you this morning. it's pretty shocking, actually. when we listen to kamala, we do think of venezuela and the soviet union. it's shocking to to go back in our own history and say we've toyed with this kind of stuff, and we can really analyze did or did it not work with nixon. >> well, nobody thinks that it works. i mean, you have analysts on cnn, you have "the washington post," you have "the new york times,"s you have jason furman who was a former democrat -- he was in the white house informing democrats about how to work the economy. everybody knows it doesn't -- two things happen when you use price controls. first of all, you repress inflation. it's like a boiling pot of water and you put a lid on it and slam the lid on tight. eventually, it's going to explode. that's exactly what happened in the 1970s after nixon put this his price controls on. once he took -- first of all, the reason he took them off, the price controls, is because it also creates shortages. that's the second

i am david asman. paul is back next week to put everything back in order.

it sounds like david asman. david: it is. liz: thank you so much welcome to the "evening edit" i'm elizabeth macdonald. >> comrad kamala harris, you're fired. get out. you're not doing the job. get out. >> [applause] liz: okay that was former president trump firing it up at his rally in pennsylvania, saying kamala should be fired now. new polls coming in president trump leads kamala on the top issues for voters plus the dnc overshadowed by street protests in chicago, and kamala harris' socialist price control plan, now getting condemned by the financial times. cnn, the washington post, even pbs's david brooks are saying it's it's bad for americ. maria salazar joins us with a warning for america. she and her family literally fled cuba's communist dictators as many constituents did. plus democrats claim unity but they gave president biden what is considered the worst speaking slot tonight at the dnc. this as a final house impeachment report today says he should be removed from office for corruption. rnc chairman michael whatley

i'm david asman in for larry kudlow. it's go to be a pretaped joint inter-screw and we have the interview wrapped and we may in this hour get little clips from the interview and of course it's with her vp nominee governor tim walz. many americans are asking the same question, why can't she handle questions from kamala friendly cnn without tim walz by her side. president trump is campaigning in michigan as we speak holding a town hall with full seizure disorders gab bard in wisconsin tonight. honored to have them both here with us this afternoon and again, folks, we may have these clips coming in and telling me in the ear it's ready and covering it live if we hop to get them and get your reaction and meanwhile, katie, why does kamala harris need a male chaperon in this interview? can you explain that? >> we may cover the clips live, but the interview is not live. says a lot alabama the candidate's capability to do a live interview and says a lot about her integrity and ability to do a live interview and in terms of her sh

lar welcome to cuddly i'm david asman americans continue to struggle with wages.rising fear of chaos, and unrest here and abroad is setting in. relative peace of trump years has been replaced by new wars in the world. as their adversaries taken advantage of biden-harris policy of appeasement. we have tulsi gabbard, who jujust endorsed trump, she will join us later in the hour, but first. aishah hasnie, is on campaign trail, where trump and vance are slamming harris on the economy, border and her foreign policy failures, what is the latest? reporter: senator jd vance wrapped up a rally here in big rapids michigan. he was here, because just up road from the rally is site of a chinese owned company, that will build a massive 2.4 billion dollar lithium battery plant for electric vehicles here. democrat governor whitmer is backing this build of the plant, she out thes it will create more -- tout its will create more than 2 thousand job could former president trump come out and said that push for electric vehicles to killing michigan. vance is also blaming biden-harris

happy friday and welcome to a special edition of kudlow, i'm david asman in for larry kudlow.

good news is good news, get the read on that with ray wong, david asman, what do you think of that, good news is good news. david: you are not supposed to do that but i took a sneak peek. looking pretty good right now at least who knows what happens by the end of the day? don't want to be a debbie downer in all this because it's good news and tremendous news when your stock prices go up but as we heard from kelly if you take autosales out, auto sales were bad in june, take that out of the picture and one% whittles down to 1.4%. not as good as the retail sales number, the walmart numbers are great, amazon is up 4% right now and a lot of good signs of what is going on. the other thing kelly said that was great from the man on the street interview. they are figuring out ways to cost as much, that's why amazon is doing so well. it is good news and great to see the market go up on good news but still a lot of uncertainties. neil: i knew you would find a wrinkle on this. what do you think? the other issue is may be we were over crate hanging. the fed has to come to the rescue, and the employme

david asman, very good read of the markets in august.ne through august, russian ruble evaluation, panic in latin america, all of that august develop ed. what do we make of others? david: we are hardwired to find patterns in everything that happens. it's just our nature but we are talking the last century with your last guest, most of the last century, most of the 20th century august was the best month for stocks from the time the dow started around the turn-of-the-century, 1986, the number one month for stock performance was august, that changed in 1986 and it is now the worst month. is there any reason for that? no. all these analysts looked at all the equations that might factor into it, they discovered it is just random. i think this is very easy to explain, the government tried to pump up the economy for the past year because it's an election year, and manufacturing jobs are been on a slide. they increased by 1000 in the month of july. it's this government oriented industrial policy that is failing and we are witnessing how things mi

david: hello everyone welcome to kudlow i'm david asman in for larry kudlow. tonight, kamala harris will give her first interview since joe biden dropped out of president at race, 39 days ago. it has been that long. it will be a pretaped joint interview. we know they just wrapped it. we may in this hour get a clip from the interview. it is with her vp nominee governor tim walz, many americans asking the same question, why can't she handle questions from cnn without tim walz by her side? president trump is campaigning in michigan holding a town hall with tulsi gabbard in wisconsin tonight, joining me to talk about this katie pavlich, and fox news contributor, and byron york, chief political correspondent for washington examiner and also a fox news contributor, honored to have you both. we may have the clips come in, they will tell me in ear it ready we'll cover it live. if we get them. and your reaction. but katie, why does kamala harris need a male chaperone? >> well, we may cover the clips, but the interview is not live that says a lot about the candidate's c

i'm david asman in for larry kudlow

. >> hello, folks, welcome to special edition of "kudlow," i'm david asman in for larry kudlow.resident biden spoke at the dnc a week ago and has stayed it of the public eye ever since after vacationing in california last week, potus is taking another vacation in delaware as tensions are rising in the middle east. byron donalds from florida will weigh in but rich edson in delaware. what is the president doing, david? >> reporter: nothing but phone calls nothing in public. white house pushes back there is no thing as presidential vacation, a white house spokesperson says the president is working no matter where he or she goes. the president arrived in rehoe both. he spent last week in santa barbara wine country. he refused to field questions from reporters on his trip back to the east coast. the last they heard from biden when he left the democratic convention late monday. since then there has been a mass escalation of fighting between hezbollah an israel. the white house maintains the president's closely watching events across the world and that biden last week spoke with leader

i'm david asman in for larry kudlow.s americans continue to struggle with wages that have not kept up with rising prices, a rising fear of chaos, unrest here and awe broad is also setting in. the relative peace of the trump years has been replaced by new wars all around the world as our adversaries have taken advantage of the biden-harris policies of appeasement. florida congressman mike waltz on that in just a moment as former democratic congresswoman tulsi gabbard who just endorsed president trump and is joining his transition team. she will join us later in the hour. you don't want to miss that one. first ashiah hasnie is on the campaign tail where trump and vance are slamming harris on the economy and her border failures. what is the latest, ashiah? >> reporter: david, good to see you. senator jd vance just wrapped up a rally in big rapids michigan. it is a rural part of this state. he is here primarily just up the road from where he held the rally is the site of a chinese-owned company that is going to basically bui

i'm david asman in for larry kudlow. kamala harris flip-flops are piling up all over the place.

i'm david asman in for larry kudlow. kamala harris flip-flops are piling up all over the place.irst it was the economy, energy, health care, crime, now you can add the border wall and ev mandates to the list of flip-flops. it sounds like harris is backing away from her wacky grocery price controls as well. does she have any policy beliefs left? how are the american people supposed to trust anything she says at this point? rich lowery and clay travis on all of that in just a moment but first fox news's jacqui heinrich is live at the white house with more of the details. hey, jack di. >> reporter: hey, david, vice president harris is embracing the bipartisan border bill foiled in congress this year as her 2024 and includes pretexts for 650 million-dollar border wall funding set aside in trump. harris campaign is not saying this is new money but they have not been clear whether she supports more money for the border wall, because she keeps showing it in her ads depicting her tough on the border, take a look. they could have shown just about anything else, including the technology t

. >> charles payne and david asman watching all of this very closely. the will join us in just a moment. some have said there some of the program sound a lot like socialist or communist governments in terms of how they approach business. the vice president i would imagine would take issue with that servant to hash it out but with producing white house correspondent jackie hire on the ground in raleigh north carolina. hi jackie. >> we are really seeing the 2 candidates trump and harris look at the same problem and blame different causes. trump looks at high prices and says this is the product of overregulation and tightening energy policy and harris is looking at it saying its corporate greed so her agenda she laid out today really goes after groceries and home prices. i would say she's facing quite a lot of criticism on this proposal to enact a federal than on grocery price cows in. you had the washington post opinion columnist saying it could potentially create shortages black migrants and even raise prices and obama's former economic advisor jason fur

. >> hello, folks, welcome to special edition of "kudlow," i'm david asman in for larry kudlow.ek ago and has stayed it of the public eye ever since after vacationing in california last week, potus is taking another vacation in delaware as tensions are rising i

happy friday and welcome to a special edition of kudlow, i'm david asman in for larry kudlow. vp kamala harris wanted to make one thing perfectly clear last night on cnn. "my values have not changed." in fact, she repeated that canned line five times to stress just how much they have not changed. problem is, except on everything from fracking to immigration, to healthcare and crime, the only consistency about her agenda is that it does keep changing. more with wyoming senator john barosso but first grady trimble is live from the white house with a roundup of last night's interview. reporter: david and vice president harris stopped short of calling bidenomics a success in the interview. she didn't even want to say the word but she did rad el off a whole list of economic policies under the biden-harris administration that essentially amount to bidenomics and she called them good work. she was also asked what she would do on day one, as president and here's the answer she gave. kind of vague about lowering prices. >> day one, it's going to be about one, implementing my plan for w