david. yeah, i mean theres, uh, i mean is it, was he put it in to the service that we're just getting democracy in ukraine because there is no democracy in ukraine. you know, zaleski is active to us acetate and imprison. all political opposition. leaders is uh, you know, how about 11 different political parties, these take it over all opposition, tv networks and have them broadcast. so you, for any problem in the 247. so there's really no democracies all the work we're doing there. and there's no other way, there's no strategic interest at all. there's no national interest at all for us to be involved in ukraine. and in fact, i would argue there's no nationalist, there's no security interest for nato to be involved to migrate the emissions. ukraine is kind of referral to, to nato, and it's a worse generally, i mean, overall and support dispute between what rushing you prayed over uh, swap the territory about the size of a baltic nation. so this is a war that has, on only one ending russia overwhe

david yeah, i mean that's it? anyway. david yeah, i mean tha and it? anyway.yeah, i mean tha and these it? anyway. david yeah, i mean tha and these people it? anyway. david yeah, i mean tha and these people are >> and these people are perfectly entitled to have their view, there's a proper view, but there's a proper legitimate protest legitimate way to protest that and people they and to tell people what they think. not going to think. and it's not going to someone's if they want to someone's house if they want to protest about it. there's two things could do. could things they could do. they could go parliament, in go outside parliament, in parliament a parliament square, which is a place which well known that place which is well known that everyone protest in without everyone can protest in without causing much disruption to everyday, people, everyday, ordinary people, and also people's private also respecting people's private property. also go property. and they can also go put to ask put themselves forward to ask you this. >> w- you this. >> stewart has ju

yeah. insurrection? not a chance. david: mike huck by, great to see you -- huckabee, great to see you and givous best to sarah. thank you for being here. appreciate it. >> thanks. david: second primary republican debate is september 27 and here on fox business. don't miss it. check the markets and they are doing quite well today all though again they've lost a little bit from their high. the dow is down 173 right now. i say down two, it is still in the plus category but at 1 # 3 and earlier it was 125250 on the plus side. 250 on the plus side. jason katz joining me now. jason, how much is the fed going to influence this market going forward? >> david, the fed doesn't want to snatch defeat in the jaws of victory. they might have just pulled off this soft landing. whether they were conscious of it or not, they might have threaded the needle. so knowing that the fate of the economy, and the market for that matter rests on their shoulders, think they're going to tread lightly. like as soon as they say they're not going to raise

david: let's get to rob marciano. and we know this is far from over, rob. >> reporter: yeah, david. parts of this storm still have 60-p 60-plus-mile-per-hour winds. more power outages possible. and the tornado threat in south and north carolina. several warnings across charleston, including that one that was reported. that watch is up until 10:00, which is right around when high tide is going to hit this area. and that full moon high tide. so, low-lying areas will see several feet of storm surge flooding during the night. david? >> david: all contributing to a tough night ahead. rob, thank you for the coverage all day long. let's laser in on the timing, because so many are without power, and the tornado threat very dangerous at night fall. let's get to ginger zee. the potential for the tornadoes into the night, how long does this last? where is this all headed? >> reporter: the outer bands whipping up tornadoes are possible, again, through 10:00 p.m. with that watch, but i anticipate that extends even, so, watch for that, as we go into north carolina and the outer banks, because, le

david: so, let's bring in senior meteorologist rob marciano. rob with us, and we know this is far from over, rob. >> reporter: yeah, david. parts of this storm still have 60-plus-mile-per-hour winds. so, more trees, more power outages possible. and you mentioned that tornado threat, especially across south and north carolina. we had several warnings across charleston, including that one that was reported. that watch is up until 10:00, which is right around when high tide is going to hit this area, and that full moon high tide. so, low-lying areas will see several feet of storm surge flooding during the night. david? >> david: all contributing to a tough night ahead. rob, thank you for the coverage all day long. let's laser in on the timing, because so many are without power, and this tornado threat very dangerous after nightfall. chief meteorologist ginger zee in treasure island, florida, tonight. and you hear from rob there, the potential for these tornadoes, damaging winds into the night. how long does this last? where is this all headed? >> reporter: the outer bands whipping up tornadoes are possible, again, through 10

luna at the start of their journey. >> hi, david. >> david: father and daughter checking in with us. >> we're taking this rv from denver to sand yeahid: starting in denver with a group of volunteers, driving through colorado, utah, arizona, nevada, all to get to california, where the rvs will be shipped. >> the best part about driving one of these from denver to sand yale go, we get to see this beautiful american landscape. >> david: taking in the sights. >> look how pretty this place is. >> david: after 17 hours, 1,090 miles, woody and luna and the team arriving in san diego. >> hi, david. >> david: showing us the rv. >> this will be the firefighters' families new home. a nice master bedroom in here. the kitchen's amazing. this, i think, is luna's favorite part, the bunk house. >> david: and tonight, we're happy to report, those rvs are now on their way to maui, expected to arrive next week. >> over our shoulder is a ship that has the five rvs we're sending to the firefighters in hawaii. >> david: incredible effort. i'll see you tomorrow. googd night. ♪ just wanna see you ♪ but they lost ♪ just wanna see you ♪ not really. ♪ just w

david: yeah, based on reporting that i have done, i think that it is give-and-take.fect world anybody could play any role, and that is what everybody would like to see because they feel that acting is creating this new identity. but we can't have that necessarily based on people i've talked with that unless there is more opportunities for everyone, more opportunities for queer people, trans people, jewish people, all different minority groups. that is when we would actually see people getting to mix around a bit more. but i think that conversation is ongoing and worth discussing. lewis: it's an absolute fascinating issue. david oliver, really appreciate your time coming on and talking us thrgh, entertainment reporter for "usa today" an adjunct professor at university of maryland. thanks very much f your time. plenty more on that story and all the others we are featuring online. can get me there, too, and getting on social media. i'm lewis vaughan jones and this is bbc news. bye-bye. ♪ narrator: funding for this presentation of this program is provided by... narrator:

>> david. yeah yeah. disgraceful. and that's it. it's disgraceful. just pop it on the bar. was once said david, that you was the rudest man in britain. now i'm going to be ruder because that is be even ruder because that is a shocker. it is disgraceful. it's a matter shame a disgraceful, a matter of shame . did they call . yeah. so why did they call you? were you just so rude? you? why were you just so rude? what was all that about? oh this was this when the venerable was this was when the venerable george who was a fat and george austin who was a fat and smug , appeared on the smug clergyman, appeared on the moral maze. >> denounced, denounced, >> and denounced, denounced, denounced prince charles and said he couldn't possibly be king because he got divorced. and you felt this quality about him. so as he left the studio , i him. so as he left the studio, i said, doesn't listen to the three adjectives his fatness , three adjectives his fatness, his smugness and his pompous city. by the way, they're nouns . sorry, genuinely make you want to vomit. at which point the daily mai

>> david. yeah yeah. disgraceful. and that's it. it's disgraceful. just pop it on the bar. s once said david, that you was the rudest man in britain. now i'm going to be ruder because that is be even ruder because that is a shocker. it is disgraceful. it's a matter shame a disgraceful, a matter of shame . did they call . yeah. so why did they call you? were you just so rude? you? why were you just so rude? what was all that about? oh this was this when the venerable was this was when the venerable george who was a fat and george austin who was a fat and smug , appeared on the smug clergyman, appeared on the moral maze. >> denounced, denounced, >> and denounced, denounced, denounced prince charles and said he couldn't possibly be king because he got divorced. and you felt this quality about him. so as he left the studio , i him. so as he left the studio, i said, doesn't listen to the three adjectives his fatness , three adjectives his fatness, his smugness and his pompous city. by the way, they're nouns . sorry, genuinely make you want to vomit. at which point the daily mail,

. >> david urban? >> yeah, i agree with van.olicy speeches, because nobody going to be taking attention to that, and it is the roger ailes sort of debate stage, and so, i think that vivek ramaswamy will come out the best. >> and the orchestra pit here is that almost anything that anybody remembers is who falls into the orchestra pit. and what roger ailes said, nobody remembers your policy or what smart thing you said, but it is the biggest flare up, and to that end, david, who has the most the lose, a, donald trump, b, ron desantis, c, vivek ramaswamy or d, someone else? >> i think that ron desantis has the most to lose. everyone is expecting a big performance from him, and he has to deliver a big per for marngs and he has incredibly gifted debate coach as jeff alluded to earlier, and he has done a number of debate preps and working hard on this, and the expectations are so high here for governor desantis that if he does not hit a grand slam, the folks are going to be let down, and he has the most to lose. >> van? >> i agree, an

>> david: yeah, the incredible destruction left behind. matt rivers live there tonight. matt, thank you. >>> next here this evening, to former president trump, who is now preparing to surrender to authorities in fulton county, georgia. trump says he'll be arrested on thursday. tonight here, news on a potential mug shot and fingerprinting, and the former president will be weighed in at the jail. abc's senior investigative reporter aaron katersky in atlanta tonight. >> reporter: tonight, donald trump announcing he's preparing to surrender, posting on social media, "can you believe it? i'll be going to atlanta, georgia, on thursday, to be arrested." the former president expected to be fingerprinted and have his mugshot taken before he's released on a $200,000 bond, twice as big as the bond of any of his co-defendants so far. he'll have to put up 10% before he's let out. today, some of trump's 18 alleged co-conspirators beginning to arrive at the fulton county jail to turn themselves in, including lawyer john eastman, allegedly the architect of a criminal scheme to send fake

yeah. >> jimmy: and uh -- and do you rememeber this one nice lady was leaving and she goes, "david spade,you're the funniest person on earth >> oh yeah, yeah, yeah >> jimmy: and i go - [ laughter ] >> well she liked you too. [ sighs ] can't sleep? just a lot on my mind. i can't sleep either. it only gets tougher with age. mom, what? well, knowing progressive can protect your home, auto, and business should help you relax. good, because i could use a good night's sleep! me too. d'yknow how early the chimney sweep gets up every day? wait, is this all a dream? why would jamie be in my dream? i am america's biggest spokesperson! -debatable. -i said biggest! well, he's got you there. ♪ don't worry, it happens to the best of us. surgeons. judges. even bowlers. ♪ try new pringles harvest blends. the america's best celebrity sale is happening now. and it's making quite the spectacle. for a limited time, get two pairs of celebrity-inspired frames by privé revaux co-founder jamie foxx for only $89.95 book your exam today. sometimes jonah wrestles with falling asleep... ...so he takes zzzquil. the w

david: yeah, it is becoming a more mature and crowded market. are that the penetration is high, there is not a lot of additional market share out there for free. or competitive because you have more people competing for a diminishing amount of market. growth is going to be harder to come by. what our modeling shows is that the key number is 5%. if they can do better than 5% revenue growth, the stock looks attractive and she. if they are not going to do better than that, it looks expensive. that is the breakeven point. assuming margins and profitability stay the same, assumed degradation in the margins. but 5% long-term, they have to be that if you want to believe the stock is cheap. if they cannot beat 5%, this might be a good time to exit. haidi: how formidable armies a free cash flow situation? david: i believe it is strong, we are showing free cash flow at $1.5 billion. and on average over the last five years, around five lien -- $5 billion per year. i like that, great margins, great return on capital, strong free cash flow. russian is can th

david: yeah.r the last six weeks we are up, we have broken out of the recent range, close to testing your to date highs on the benchmarks. we have shanghai crude up too. within japan, as we're heading into the break, oil and coal production index is one of the best-performing equity sectors in tokyo. so there is a oil theme and strength today. yvonne: let's bring in neil beveridge, senior oil analyst. six weeks of gains when it comes to oil prices. how long can this rally last? neil: it can last longer. there was a lot of concern around hard landing in the u.s. and what that could to to demand. obviously what we are seeing now is a more benign economic environment in the u.s. what is really making a difference is the saudi cuts. they have taken one million barrels of the market and extended that through september. when we look at the markets, we see deficit. we think inventories will continue to draw and prices will move higher, certainly in the second half of the year relative to the first half.

david: yeah and eat and whatever floats your boat i guess.ker currency, this one just crossing the terminal, the rupee as fast 83 for the first time -- is past 83 for the first time since october. these currencies are hitting year to date lows. we are there on the aussie dollar and now they are on the rupee head of the open. that is one to watch. the other thing i want to mention is where haslinda is, the singapore equity market is now down 1.9%. you add on the losses that we had on friday and about 1%, let me give you a status on that do some math with the here. that is the worst day since about 2022 february when we fell 3.5%. that takes us all back there. let's zero in on what the cause is which is concerns over china and the property crisis and within that, concerns over country garden. you have some of these units halting local bonds trading. you have a statement out of the company friday and morgan stanley cutting their outlook on the stock. the boc also cut their outlook for the stock. loretta chen is with us, our bond and loan reporte

david: yeah, i think the best prepared was nikki. i think nikki haley was the best prepared. had comebacks for just about every single issue. whether you liked them or not. not empowered by faith likes them -- everybody liked them but she was good. yesterday you had the trump arrest and again, trump sucked the oxygen out of the room and see how long that lasts. we'll have to leave it at that, carl. a very busy news day and appreciate seeing you. don't forget fox business will be hosting the second republican primary debate on september 27 . democrats are celebrating donald trump's arrest. lauren, they're fundraising off this? lauren: not just democrats but the president himself on his campaign account, he xed and pull it up, i think today's a great day to give my campaign -- to give to my campaign and included a link to donate. trump is doing the exact same thing while xing for the first time in two years, there it is. political gold; right? the caption said if you pull down the banner it said never surrender and that tweet has been -- that x, i don't know what to call it any

[laughs] david: one of your sisters is an epidemiologist at university of california, professor. another sister runs youtube. anne: yeahvid: and then you are the founder of 23andme. so, what was it like growing up on the stanford campus with all this talent around you? anne: i think the best thing about how we grew up is we were surrounded by an academic culture of people who really prioritized education and learning but also really encouraged people to pursue their passions. so, what i love about all of my sisters -- like, susan and i happen to be in the higher-profile roles, but everyone is pursuing something that they really love and they really enjoy doing. so, i think that the best thing we all got from our parents was to pursue your passions, no matter how esoteric or whether or not they are monetizeable, or if it is an academic kind of pursuit. david: you grew up on the stanford campus. i assume you were an all-a student. your sisters all a's. so, where did you want to go to college? anne: my father went to harvard. the reality is, you know things based on your parents. and my father was really lucky. he went to

ready is this why you grew yourr >>ke david? yeah. know, you just got to hedge your bet've got s by the way, it saying you're a sexual assault, are i? just saying your hair is really long, and that could helt yourph you get to jail when you're convicted for other milder offenses? >> i think i would. even in a woman's prison, i would be the victim. more like e not. or sonot. you have the deepest voi, though. yeah, that's true. what do you make of this? >> are you disgusted? offended? don't care. yeah. >> i mean, i guess. o itguess i'll stay out of prison and. >> i don't know. i don't even know anything about any of this, but. yeahit was a obviously, it was c for the show. you know, how is this on tv tonight? i bet you barely. we'll edit you out. all right. o next up, you . you better be good on this one. canadian clinical psychologist and professor jordan. peterson. you know him, right? awesome, dude. being forced being to undergo sl media training by a canadian. in is this this clay? this is an amazing kind like trn evolution in this

everybody was just covered in soot. >> david: their faces were covered in soot from the fire? >> yeahan, everything. >> david: everything. >> everybody was kind of covered in soot. >> david: so many people who were actually even in the water were holding a t-shirt up to their face just to breathe through it? >> the best i could tell, there was a girl that was 9 and a boy that was, like, 11 or 12 -- they were pretty scared. we showed up out of the dark and took them paddling out through the waves. i think it was the young boy, the older one was encouraging his sister to be strong, and it was pretty touching. >> david: when you look at these charred buildings and the melted cars all along front street, i mean, it's as though these families just -- they got trapped. when you think about the people still unaccounted for here -- >> it's just one of the heaviest thoughts to think about -- i know that there's -- i got three young kids, and i just imagine what -- i'm just so thankful i wasn't in here. i heard stories that people would just see families huddled together, and they said, it look

>> john david: yeah.first started this job, it was announced has been going to take over. we came in on a saturday morning because we didn't want to bother anybody. we came in at 8:00 a.m. on a saturday morning so i wouldn't bother anybody just to see. the theater would be transformed. i was wondering where i'd want to stand on stage to do the monologue. i walked around various places and i said hey, could you move this pile of boxes? i want to see what that feels like. they moved and i stood there and i went yeah, this feels right. this feels like where you would do it and they looked down in between my feet was the red dot where dave stood. >> john david: no kidding. >> stephen: i went, of course this is the place to do the monologue. it's the only place it feels good. hardwick's claim that feeling. >> john david: i don't have anything that deep. i can't say "sam stood here." but there was something to be said about knowing when it just felt truthful. i know the great stephen henderson, w who is like a

david: yeah, we all worked together. beth elizabeth first on fox. i remember the day. vid: they all come here. elizabeth: david, thank you so much. former president trump, he's now battling back. he now says he'll reveal information showing why he should be exonerated in the fourth indictment out of georgia. we've got top legal analysis on this serious problem. and new details of president biden ignoring hawaii's wildfire disaster. but the biden white house increasingly talking a climate emergency declaration, how that's going to cost you. and hillary clinton claims voters are ignorant about bidenomics when they live it every day. plus, we'll get art laffer's reaction to treasury secretary yellen admitting, yes, she accidentally took a hallucinogenic mushrooms. and a major new controversy, retired nfl star, michael to or her, his story featured in "the the blind side," he alleges in a new lawsuit his adoption was a lie. i'm elizabeth donald, "the evening edit" starts right now. ♪ ♪ elizabeth: okay, former president trump says he will hold a press conference monday on, q

your thoughts on that, david. >> yeah, i couldn't agree more. this is a real problem for donald trump. he really made a name for himself in the debates in 2016. now he is falling on complacency. he is afraid he will be challenged. he is stepping down from the debate. i think that's when you see politicians at their weakest point. when they think they are so popular they don't have to go to the rubber chicken dinners or shake everyone's hands or court the voters like they did and where you see a politician peak and they start to come down. i think it's a real miscalculation for donald trump not to show up. of course the rose garden strategy every politician wants to do. it is easy. you have to do the hard work particularly for an incumbent president. >> harris: when you are north of 50%, his argument has been and still continues to be it's his party. last little word from you, cassie, and we'll move. >> no question about his popularity when he showed up to the iowa state fair he was the talk of the town. generally the american people deserve to s

everybody was just covered in soot. >> david: their faces were covered in soot from the fire? >> yeah. i mean, everything. >> david: everything. >> everybody was kind of covered in soot. >> david: so many people who were actually even in the water were holding a t-shirt up to their face just to breathe through it? >> the best i could tell, there was a girl that was 9 and a boy that was, like, 11 or 12 -- they were pretty scared. we showed up out of the dark and took them paddling out through the waves. i think it was the young boy, the older one was encouraging his sister to be strong, and it was pretty touching. >> david: when you look at these charred buildings and the melted cars all along front street, i mean, it's as though these families just -- they got trapped. when you think about the people still unaccounted for here -- >> it's just one of the heaviest thoughts to think about -- i know that there's -- i got three young kids, and i just imagine what -- i'm just so thankful i wasn't in here. i heard stories that people would just see families huddled together, and they said, i

yeah. >> jimmy: we were talking with david blaine, and i didn't know you guys knew each other congrats >>ut we were talking and then you actually said that you're getting into magic >> yeah, i started doing magic myself a little bit, and -- so i'm going to do a little bit for you now. [ cheers and applause >> jimmy: well, i mean -- well, fred -- but -- >> yeah. >> jimmy: yeah, but you know, david blaine -- david blaine is coming on the show he's doing a trick for us later on he's one of the greatest magicians. >> but that's like another level. this is me, like, starting to get into it and to get the feel for it [ laughter ] but you can all see this, right? so -- so, jimmy, i'm going to need your help with this >> jimmy: yeah, wow. >> so, who was the first president of the united states >> jimmy: george washington. >> so, here he is. okay and he was the first one, so that is one. okay so, you see there. >> jimmy: uh-huh so, he was the first president >> jimmy: oh, yeah >> and after him came a second president. so, we're going to do this twice. >> jimmy: ooh, i think - >> second president.

have made progress injust the past year alone, but what do they hope to get out of this camp david meeting? yeaha great opportunity for the three countries to foster a stronger, more stable partnership which is good for deterrence and contingency planning at a time when china is acting assertively in the region, and north korea's continuing to improve its nuclear missile arsenals. i think it would be great if the three countries can institutionalise some of the security cooperations, and this is because one of the challenges for this partnership is the political aspect that you just mentioned. and by trying to institutionalise some of the security cooperative measures, you can probably shield the partnership a little bit more from such potential political negative winds. why do south korea and japan need the us, particularly when it comes to geopolitical issues?— to geopolitical issues? japan and south korea _ to geopolitical issues? japan and south korea have _ to geopolitical issues? japan and south korea have historical- to geopolitical issues? japan and | south korea have historical issues s

i had no right to overturn the election. >> what did you make of that, david? >> yeahs performance on january 6th was probably chris christie's most powerful moment, when he stepped back and said look, mike pence put himself at great peril politically, physically, every way by standing up and doing the right thing. so i thought it was a very powerful moment for the former vice president. and he outperformed expectations. he looked really strong last night. >> there was a moment also, alyssa, where the candidates had been asked, you know, did vice president pence do the right thing and there was a moment as though it seemed that vice president pence thought governor desantis was not giving an answer on the question and governor desantis pushed by the vice president said something like i have no beef with mike or what mike did. what did you make of that? >> listen, ron desantis did not distinguish himself as a leader last night. whether it was to dave's point, you know, looking around to see who raised their hand or that moment. the moderators had to step in and say just

david? >> yeahanderson, earlier i mentioned the document that outlined it and somebody, a reporter asked her about that and she said i can't talk, i can't speak to it. and so she has had over three hours, however long it has been, to come up with an answer as to how that got leaked, posted in advance. it is going to give tons of fuel to a lot of different folks, and the fact that she didn't have an answer for that is just mind-boggling. the fact that she couldn't say with certainty that it was put up in appropriately, it was leaked, i condemn it. the fact that she just tried to not answer it is going to be a big problem moving forward. it is going to, if you look at twitter right now or social media, i'm sure it's blowing up. she is going to be expected to try this incredibly complex rico case and she can't answer how the document got posted. people are going to have a lot of questions. >> i appreciate it, let's go back to jake. >> thank you anderson. we are going to stick with the document that was

i do think that that could change some hearts and minds. >> david? >> yeah, so anderson, i agree with van, i think van makes a very valid point. it is troubling that half of america can -- have see this as just and righteous and the other half sees this isn't just an undue righteous. and there is a big problem with our system of justice today and faith in our systems that american people don't have faith with. whether you on the democrat side republican side, whether -- people don't believe there's equal application of the law, whether you are republican or democrat now. and that is really eating away at the underpinnings of our society if we cannot have faith in. it and i think that that is the reason why when this these indictments go out on the former president, trump. that so many republicans just see it as white noise. and agree with van, it is problem some to lose to the point, maybe props for our cameras and not just in the georgia case, but in the federal case. i think people need to be able to see and hear everything so that they understand that jus

guys >> yeah, eunice, it's david.n terms of what the government is most likely to do to turn this around is there any hope that they will actually give money directly to consumers, you know, in a sense really creating or trying to create more demand >> right the signaling is there that they're concerned about giving out those direct texts or really doing anything much more than what they are doing. obviously there's a lot of hope that they will, that the situation might become so dire because there aren't a whole lot of growth engines at the moment. we were talking about exports not reliable when it comes to investments, not reliable, the job market is bad, private investments are bad. so there's a property sector, i mean, but there aren't any signs of growth, but a lot of people can see that the signalling from the top is they are worried they don't have the money for this, that they are concerned about the risks involved, especially when it comes to debt. and then the local governments are struggling with their own

david: yeah. i'll believe the rate cuts when they come.time that for some time. dollar strengthening today. that's engendered some risk aversion across equity markets, now .8%, a lot of that is the pain we are seeing in china. joining us in singapore, the investment director at eagle asset management. good to see. before we get into the rabbit hole of your em world, what is the case for equity markets, given the yield that is on display for grabs, cash from various ports of fixed income? >> i will make the case for emerging markets. emerging markets -- are not a come margin a set. -- homogenous said. you have latin america. they behave differently. this year, latin america has had a fantastic year, up about 20%. that is on the back of real rates went up much faster into this inflationary spike so the central banks were vigilant. you had commodities holding of the markets. the currencies have strengthen. in dollar terms you have done well. unlike in asia where you have had headwinds largely on the back of the growth problems and -- in china

david: yeah. interesting just to chime in, the line coming through out of the national bureau of statistics right after they drop the july inflation print, was this is temporary. have we heard that before? yes, we have heard it out of the fed on the others of the conversation. let's hope they are right and don't take the road that the fed was wrong on this, and most other central banks too. to your point, it bodes well you're getting more demand coming through. backing up as far as what direct leaders were able to corner. we will see what the 10-year looks like and whether we get a lower yield awarded there as far as that is concerned. inflation, what else is there to talk about? we are yet to dig through the numbers. things like food, which was one of the main culprits people were looking at, part of the basket which is fairly sizable of course. we are getting a strong move in the chinese currency. global macro movers for you on your screens. risk-off, cautious, mixed, trading sideways is a good

david: yeah, stephanie. no, stagflation. [laughter] you mentioned recession. recession in the u.s.s one part of the question and the other one is, the markets seem to be positioned for the fed to peak inhibit before the ecb but your mentioning europe looks worse than the u.s.. does that make sense to you too? rob: yeah, so the recession we have is gdp minus 0.5 in quarter on quarter in q4 and then -0.6 q1 next year. a mild recession. we look at the leading indicators, whether it is the new york fed's recession indicator, whether it is the conference board's leading index, whether it has the senior loan officers survey, a lot of these things that have been tried and tested in the past are pointing to a sharper downturn. that contrasts the atlanta fed gdp. it is a bit mixed. we are not banging our fists on the table around the timing around this. it could be delayed for sure, but we do think the direction of travel is u.s. economy is going to be slowing down. europe, you talked earlier, dave, about stagflation. that is a bigger risk in europe than the u.s.. and particularly because o

look, >> yeah, david, i'm to going i'm going done on. look, >> yeah, david, i'm to going i'm going done a lot on. look, >> yeah, david, i'm to going i'm going done a lot cthis.ok, we've done a lot on this. you letby kind knows the letby everyone kind of knows the story by now, and it is absolutely it? absolutely bleak, isn't it? we're a lot we're going to be hearing a lot more she's more about it because she's getting so getting sentenced on monday, so i'll moment, i'll park that for the moment, if right, david. if that's all right, david. there's on front there's one on the on the front of know of the eye here, which i know piqued the return piqued your interest. the return of blair revealed how pm's of tony blair revealed how pm's think tank has growing influence on labour policy. >> well, this is the tony blair institute for government, which institute for government, which i think most people may be vaguely aware of. this is a huge organisation employing 800 people across the world. it has offices in new york, london, abu dhabi, paris

. >> yeah, david and i had heard that in real time, too. and donald trump, i'm told at that time, that's two sundays ago, david was stunned by it. and at this rate, david, i think donald trump, from what i hear and from just speaking to him right now, his voice sounded like someone almost resigned to it. i've spoken to the former president. and as you know, david, many times over nearly ten years of covering him now, he didn't sound angry, didn't wipe the phone and answered when we just spoke a moment ago. but again, david, i think that the two words that just struck me is in speaking to him just now, pile on. i think just from talking to aides around him and now speaking to the former president himself, it just seems like in donald trump's mind, this was just another day. >> and that will be part of the political message, surely in moving forward. one more question for you, john, and it's on a related note, because he's been on obviously campaign. he's been on the trail these last couple of days answering questions was on one radio show, w

look, >> yeah, david, i'm to going i'm going done on. look, >> yeah, david, i'm to going i'm going done a lot on. look, >> yeah, david, i'm to going i'm going done a lot cthis.ok, we've done a lot on this. you letby kind knows the letby everyone kind of knows the story by now, and it is absolutely it? absolutely bleak, isn't it? we're a lot we're going to be hearing a lot more she's more about it because she's getting so getting sentenced on monday, so i'll moment, i'll park that for the moment, if right, david. if that's all right, david. there's on front there's one on the on the front of know of the eye here, which i know piqued the return piqued your interest. the return of blair revealed how pm's of tony blair revealed how pm's think tank has growing influence on labour policy. >> well, this is the tony blair institute for government, which institute for government, which i think most people may be vaguely aware of. this is a huge organisation employing 800 people across the world. it has offices in new york, london, abu dhabi, paris

>> morning, david, yeah i think ultimately tech overextended we had all the a.i.s of demand. demand is stabilizing and a.i. won't have a material revenue impact, at least for software and internet names until 2024. so i think it's a simple time-out, overextended, the software index, the igb was up 43% on year to date, it's pulled back into the low 30s. we've had just a simple time-out, which is we just got overheated and we believe in the a.i. momentum, but it's really going to take time for this to show up in terms of montization. >> enthusiasm around the prospects for the cash flows that would come from a.i., when do we actually get back to the fundamentals being altered as a result of what we're seeing from a.i. >> it's really going to be 2024. most of these products will be rolling out in the fall and through the winter and we think that ultimately enterprises still have to test and train the data and so they're not going to necessarily jump in and do a can nol ball into the a.i. pool. they're going to tiptoe in so we think this will have a bigger impact on th

[applause] >> i don't know if you know the name david rothenberg. yeah. new york legend. a wild story. he was a theatrical agent and broadway producer and was associated with the original production of hair and then richard burton and hamlet and some 200 other plays. this is just a cool story. he then did a play by a man named john who been incarcerated and wrote a play afterwards. it was called the fortune and men's eyes. it was about people that were previously imprisoned. that play moved to the founding under david's leadership. >> provide services for men and women whoel were previously incarcerated. i introduced my friend was heree i was blown away. through the good offices of ashley auto i began to know the queens facility. there is a man here named leonard. who by the way, he is in the book. [applause] among the other things doing extraordinary work with people who are in prison and with moms who are incarcerated. i will not go on too long. a weekly show, david has written books. davidno is writing short stories right now. i would like to welcome david rothenberg.

i think we do need to have a bit of a view on what the high street is for nowadays as. >> david yeah, think it's a perfect storm, isn't it? it's a very sad day and of course for the people who've lost their jobs and so on, but lost theirjobs and so on, but i think that there's a lot of competition here because there are a lot of businesses and high street chains doing a similar thing. so where there is a lot of competition, one of them will go out of business when in economic times toughen up. and that's what we are in at the moment with interest rates going up. people are up. so people are being squeezed. haven't so squeezed. they haven't got so much income, they much disposable income, they haven't money haven't got as much money to spend. supply or demand for spend. so supply or demand for the products that they're selling going so selling is going down. so they're making profit . and they're making less profit. and that's market. mean, it's that's the market. i mean, it's a terrible thing, but it's just what's happened in this store i found quite interesting is the gmb union. >> s

david: yeah, a couple of things. the credit widening story, i am wondering who said that because certainly we have gone the opposite way on high rate credit. we are now pushing towards 110. but there is a point to be made that may be parts of the high-yield market might be at risk because that really has been one of the best performers of late. to your point, where do you hide? 60/40, that is more the treasury story in the s&p. perhaps if we forced a fixed income person to come on the show and told them to pick, i imagine they would still say ieg. but snapping back overnight was not a good thing. rishaad: certainly not. we can have a look at the overall markets to get a sense of what is going on on a day where a gain risk is not being taken on. there you go. david: we are down for a third day on the benchmark. you have some bright spots though. certainly not to the magnitude we had in the u.s. overnight we are getting a little bit more support from chinese authorities on the currency front. of that a than expected, 4