joining me now to discuss, cnn legal analyst, norm eisen. you recall that he was the house judiciary special counsel in trump's first impeachment trial. norm, let's start at the beginning. a very good place to start. we're hearing a lot about target letters. what does it mean to be definitional-y a target? >> it has a technical definition. the practical meaning is, donald trump is very shortly going to face charges as a defendant. if you look at the definition here, the elements are, is a person who the prosecutor or the grand jury has substantial evidence, a lot of evidence, that they have committed a crime. in the pot has come up to such a high boil that there are punitive defendant in the case. what >> does that term mean to people? >> it means they are extremely likely to be charged. they are currently considered as charges being imminent. so, it's a default, hey, you're gonna get charged now. very rarely, laura, i practice defense law, as you know, for 30 years. before i was impeachment counsel, the lawyer will come in and talk to gover

i'm sarah eisen. in for melissa lee on the desk, bonawyn eison, courtney, steve grasso, and guy adami. all popping at the start of trade after each posted revenue and earnings beats for second quarter, but the gains didn't last long. jpm landed in the green, but off the day's highs. citi dropping 40%, its worst day since march. the dow managed to eke out a fifth straight day of gains. s&p and nasdaq closed in the red. overall, very solid week for stocks, all the major averages posting strong gains since monday the nasdaq got over 3% what message does all this action send as we head into the start of earnings season guy, what did you make of the reversal >> hi, sarah great to see you sorry i'm not there. i don't want to make a huge deal out of one day i'll say this. last friday you saw a similar reversal in the market the market was on cruise control every friday last friday it changed, and today it was interesting i think a couple things stick out to me. you mentioned j.p. morgan. the reversal in the

senior justice correspondent evan perez and legal analyst norm eisen.auren fox on capitol hill. and kristen holmes not far from bedminster, new jersey, were donald trump spends a chunk of his summer. evan, first to you, what was discussed, what was not? >> we know this is a meeting that went about an hour, kaitlan collins was told by sources that the goal here was for the trump team to argue the effect that an indictment like this would have on the country. the argument, the larger argument here, being that this would be, obviously, detrimental, obviously given the campaign. this is something you've heard from the president, the former president, already, on the campaign trail. the larger goal here, though, was to try to find a way to delay this. their view was, you know, try to not have it happen today. and then perhaps by some additional weeks, have the special counsel at least wait a few more weeks. now, we all know that the strategy, the legal and political strategy of the former president has been the delay tactic. right. and certainly, you push th

jim. >> back to norm eisen and evan perez, norm eisen, from the outside, who's responsible? did prosecution lawyers and defense lawyers not tie up the loose ends? or is in your view is the judge getting unusually involved in this case, in this deal? >> probably all of the above, jim. you know, this was an issue about the scope, you know, was this a free pass in perpetuity if hundred hunter took the stance -- that's been revolve. >> this lawyer, mr. clarke, it was clear that we looked at the terms of the plea agreement that this was not going to foreclose everything. and the justice department spokespeople had said that was an open matter. so i view that as posturing, okay, the judge wants to nail it down in the plea agreement. but now to introduce these kinds of fundamental or existential questions about a plea agreement, that's very unusual. we'll see how that plays out. there's a tension between her position, because first she says, i don't want to be a rubber stamp. you're making me a rubber stamp. and then a few minutes later, she turns around and says, you're plopping m

thank you norm eisen and brandon van grack.ng me next everyone michael fanone -- along with former fbi official peter strzok, they'll all react to this new january 6th target letter. also, what does it say that folks like rudy giuliani haven't yet received the same letters? we will break that down. r stops moving... growing. evolving. it demands energy that evolves with it. meeting this challenge will take more than one solution. and more than a little time. it's the work that makes progress... possible. work that drives us, inspires us... to deliver the energy we need today - while forging new paths to the future - in ways that are affordable, reliable and ever-cleaner. that's... energy in progress. here's how tommy lost 30 lbs on noom weight. i'm tom. noom helped him use psychology to lose weight. the mindful aspect made me feel more conscious about what i was eating and why i was eating it. it's actually working. lose weight and make it last with noom weight. my name is joshua florence, and one thing i learned being a firefi

i'm sara eisen with mike santoli live from the floor of the new york stock exchange.leaders meeting at the white house, committing to the safe development of wall street's favorite new technology. u.s. commerce secretary gina raimondo joins

previous time, there was 3 that is groups operating from a lot of sorted into by august on the duty piece eisen and then there was the bulge, a liberation on. so from our point of view, if we have good relationship with the one government, then they will control this across the board of terrors. and that is the main reason. now you come out of the other one must defend themselves, whatever you don't, they shows you haven't got this pulled you. you have you have nothing to say about the summary executions or enforce disappearances of more than a 100 form. i've gotten security personnel, but hundreds of people who were evicted from the homes. you have ministrations that we must strengthen them, stabilize the current government for the sake of the people of afghanistan. why would you a self declared democrat one to strengthen a government, but was still is repressing brutalizing so many people are not gonna stop? that's. that's what people in the west find. difficult to understand. the 1st of all, as the prime interest of the country, my top priority is people have focused on what is good for them

the australian off eisen bunk about it, the tall just extremely high fee. the arrows to hold us bank. i think we're losing our signal there with you every single. all right, i think we're gonna have to cut off that interview with your shuttle. we'll see if we can get him back. in the meantime, let's take a look at some of the other global business stories making headlines. the german council of economic experts has warned against a subsidy race between the you and the us. it says the while there is demand for new subsidies in the you due to the us inflation reduction, asked competition between the 2 countries. 2 economies rather would lead to loss of prosperity in both the u and the us european union analysis, lifting import restrictions on japanese food products during this week's a huge append summit. russell's imposed import curbs. after the focus human, you're just nuclear disaster in 2011. and while the restrictions were gradually eased, import bands have remained for wild mushrooms, some types of fish, wild, edible plants, chinese automaker b, y d has

norm, ambassador eisen, great to see you. let me ask you what mike pence was just saying there a few moments ago about intent. is that accurate that that's the whole ball game? there is a lot more from what i understand that could be going into all this, what the prosecutors might be looking at? >> jim, he was a good vice president on january 6th. but he is not a very good criminal law expert. >> okay. >> he's focusing on the wrong thing. it's not donald trump's words on the ellipse that day that create the criminal liability, according to the target letter that jack smith has sent. donald trump oversaw starting in november of 2020 an alleged nationwide scheme to procure false election certificates. that has nothing to do with the words on january 6th. and then he squeezed mike pence to betray his duty on that day. again, that's irrespective of what donald trump did on the ellipse. and then finally, it's not the words of his speech so much. it's that 187 minutes of inaction. former president trump had a legal duty to act, and

norm eisen, joshua school, thank you for the time. appreciate it. >>> following this indictment, donald trump will be on the campaign trail tonight in iowa, as well nearly a dozen of his rivals in the 2024 race. will any of them challenge the president on these charges? we'll be watching. and we're live on capitol hill with how lawmakers are reacting to the new charges former president trump is facing. how the house speaker is deflecting by attack president biden. explosions reported inside russia once again, including near the border with ukraine. what we're learning about what is behind those explosions ahead on "cnn news central." my name is brian delallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well-being to me is knowing that i cabe free to do the things that i love to do. i hope when i retire someday, th say, that guy made this place a special place to come tochool and gave as much as he could to help the community. from prom dresses to workouts and new adventures you hope the more you give the les

norm eisen, let me start with you first. what do you make of this trial date of next year? paula was saying it'll be surprising if it happens on that timetable but that's pretty far off. >> jim, having tried federal cases for more than three decades, a year is more than enough to try this case. the am prosecution narrowed from the hundreds of potential classified documents down to a little bit over 30 in the complaint. they've already provided a road map to the defense, someone unusually hear's the key documents, they're rushing through. i think those 30 steps can be met if the doj works hard and if the judge is serious about it. that's the big question here. if there's slippage, will there be a little bit of slippage or a lot? we'll know when we start jumping these 30 hurdles whether people are keeping up with the pace or not. and we'll find out if this judge is serious about it. some judges will hold you to it. >> right. >> i disagree with you. what i saw in court on tuesday, for example, she asked the defense attorneys she said, look, how long is it going to take you to

see george conway, thank, you norm eisen as well. i'm joined now for a reaction from the charges by someone who was badly hurt trying to defend the u.s. capital and those in it, michael fanone, former washington d. c. police officer. michael, good to have you on the program. this is obviously deeply personal for you and for so many of the law enforcement personnel who were there that day, risking their lives. i'm wondering what you make of what we have seen in the last day or so in terms of these charges or potential charges. >> what better late than never. i'm grateful for the commitment of the members of the department of justice to pursue justice in this case and seek what appears to be an indictment against the former president. what >> a lot of congressional publications as you know are using line that this is the weaponization of the justice department. earlier today, kevin mccarthy was pressed by cnn if you would expect the dull results of the special counsel's investigation. i want to play what he said. what >> was i don't se

there's a lawyer with white house experience, norm eisen. he's saying when you look at the fraudulent electoral certificates and when you look at what we're learning with the target letter, it shows trump -- in other words eisen thinks jack smith will use that evidence for that specific charge. the elector scheme was a potentially criminal act and it was carried out with advanced knowledge and advanced planning, premeditated in public with trump aides admitting it. >> today an alternate state of electors in the contested states is going to vote, and we're going to send those results up to congress. >> something that rudy and the team have worked on -- the trump slate of electors are showing up today in the state capitols. >> we fought to seat the electors. the trump campaign asked us to do that. >> there has been an alternate state of electors voted upon that congress will decide in january. >> yes, i was part of the process to make sure there were alternate electors. >> that's a lot of different examples, and you heard them saying, we're go

george conway, thank, you norm eisen as well. joined now for a reaction of these charges by somebody who is badly hurt trying to defend the u.s. capitol and those in it in january 6th. michael fanone, now a cnn legal law enforcement analyst. good to have you on the program. this is obviously deeply personal for you and for so many, the law enforcement personnel who are there that they're risking their lives. i'm wondering what you make of what we've seen in the last day or so in terms of these charges, or potential charges. >> better late than never. i am grateful for the commitment of the members of the department of justice to pursue justice in this case, and to seek what appears to be an indictment against the former president. >> a lot of coke republicans are using the line that this is just the weaponization of the justice department. earlier today, kevin mccarthy was impressed by cnn if he would respect the results of the investigation. i want to play for you what he said. >> i don't see how he could be found criminally res

energy names can keep the summer going, and if rebounds are ahead for the health care owner i'm sarah eisen. this is "options action" live from the nasdaq market site. on the desk, mike khouw, carter worth, and brian stutland. we're going to start with the huge week for stocks as we roll into earnings season the major averages rallying for the week as cooler than expected inflation data boosted optimism on the economy and the fed banks kicking off with earnings, j.p. morgan, citi, black rock, wells. the stocks trading mixed on the results. as we head into the heart of earnings season, what is onnure radar, mike, and what do you make away from the signal so far? >> we had some mixed signals this week for sure first as you pointed out, we did get somewhat better thannen expected epi data. at the same time that happened we did see increases in oil and copper prices, which we might think of commodities that are tied to the economy, sort of industrials there, so that's obviously i think a positive on the downside, though work saw two tens that went the wrong way. ten-way rates go lower that's no

i'm sara eisen with carl quintanilla and david faber live as always from post nine of the new york stockook at stocks. win streak continues here. even just a bit for the s&p 500. up 0.1%. it's led by financials after some good earnings consumer discretionary, technologies and industrial all positive utilities, health care and energy at the bottom of the pack the nasdaq up 0.4% again, building on recent gains. over the last one-week period nasdaq is up almost 4% 30 minutes into the trading session here are some big movers we're watching at&t shares trading at their lowest level since 2003. on pace for nine straight days of losses and now citigroup is the latest to downgrade the stock to neutral we'll discuss this name in just a moment. >>> ford cut prices on its f-150 electric pick-up truck from 7 to 16%. shares are down on that news >>> and speaking of evs, watch taz. the company rolling out the first version of its long-delayed cyber truck over the weekend. that comes ahead of tesla's earnings this week stock is up 3%, adding to year to date gains of 135%. but guys, the fed is in quiet

previous then that was the 3 that is groups operating from a lot of silent august on the duty piece eisen and then there was the bulge, a liberation on. so from our point of view, if we have good relationship with the one government, then they will control this across the board of directors. and that is the main reason. now you come out of the other one must defend themselves, whatever you don't, they shows you haven't got this both. you're you have nothing to say about the summary executions or enforce disappearances of more than a 100 form. i've gotten security personnel, but hundreds of people who were evicted from the homes. you have ministrations that we must strengthen them, stabilize the current government for the sake of the people of afghanistan. why would you a self declared democrat one to strengthen a government, but was still is repressing brutalizing so many people are not kind of stuff that's . that's what people in the west quite difficult to understand the 1st of all as the prime interest of the country. my top priority is people have focused on what is good for them. wha

a lot more of sara eisen coming your way right after this., old school hard work meets bold, new thinking, ♪ to help you see untapped possibilities and relentlessly work with you to make them real. ♪ >>> good thursday morning, i'm sara eisen with mike santoli live from the floor of the new york stock exchange. earnings are driving the market with netflix, the big laggard.

norm eisen with us, as well. i'm reading this document, the super ceding indictment that came out with a lot of new information. one line that jumped out at me, i want to get your thought -- trump was not authorized to possess or retain those classified documents. he keeps insisting he was authorized as president of the united states, even though he removed those documents after he left office. he was authorized to retain those kinds of documents. what do you say? >> wolf, i worked on these issues when i was in government, and he absolutely was not authorized to handle them. we have statutes and regulations and executive orders that set up the system for handling this. we know he's admitted limitations on his power. some of those conversations happened after he left the presidency where he admitted once i had the power, now i do not. so that is not going to avail him when it comes to defending his conduct. it's very important in looking now at mr. de la vera, the third defendant, to reflect that neither he nor mr

spending isn't the democrats solution, it has to stop we have more other more children future president eisen her a warned about plundering the future what democrat policies are doing. >> we are keeping a spotlight on it senator ron johnson in d.c. thank you, sir. much more ahead irs whistleblowers detail doj handling of biden family influence peddling i will speak with lindsey graham what all this means for merrick garland, you are watching "mornings with maria" live on fox business. . ♪ . your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire this isn't just freight. these aren't just shipments. they're promises. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. (upbeat music) - [narrator] what if there was a hearing aid that could keep up with you? (notification dings) this is jabra enhance select. it's a

i'm sara eisen with frank holland live at post 9 of the new york stock exchange.genda today, starboard value's jeff smith is here his new stake in company algonquin and the actor investor climate. >>> and the ceo of cleveland-cliffs, the stock moving higher on the back of a strong

. >>> good wednesday morning and welcome to another hour of "squawk on the street" i'm sara eisen witharl quintanilla live for you as always at post nine of the stock exchange. david faber is on assignment this morning ahead of an interview with bob iger at 8:00 a.m. tomorrow eastern time turning to the markets this morning. a celebration on the cooler than expected inflation report. good news on inflation smallest increase in inflation since early 2021 you can see the reaction the s&p 500 is up a percent. nasdaq up 1.25%. technology is the leader in the session today. but gains in sectors like energy, real estate financials, all those sectors are up more than 1% in the early action. bonds are rallying as well we're 30 minutes into the trading session. three movers we're watching. have to start with activision. shares on the move after clearing a major roadblock a federal judge denying the ftc's motion for preliminary injunction to stop the deal from being completed which sets the stage for two companies to merge as soon as this month. domino is surging on word of a partnership with ub

1... >>> good tuesday morning i'm sara eisen with carl quintanilla.advisers joins us right here on set. >>> krishna guha joins us. >>> komal sri joins us on where the fed goes from here. >>> we're obviously on watch for cpi tomorrow and then more whispers today about whether or not it will be a soft print given with what's happened, you mentioned new york fed

i'm sara eisen with carl quintanilla. guggenheim partners executive chair alan schwartz as bank results with a make or break earnings season and yellen's trip to china. >>> calling this a show me market with some key econ data coming later this week we'll get his warning on the fed's excess tightening. >>> satori funds dan niles where to look for value outside of the magnificent seven next. >>> market seeing weakness in tech mike santoli alerted us to mechanics driving some of that underperformance this morning. for the most part, sort of on watch for the data coming in bank earnings friday will get us started in the q2 season. >> you have to be watching treasury yields. the two-year in particular policy expectations, it's been moving higher. the stock market started reacting to it last week in a more meaningful way after that strong adp number, strong wages and the jobs report. i'll be watching this. cpi on wednesday expectation is we go to a 3.2% headline number. the month over month will be important. can it be less th

i find that hard to believe but josh eisen for morningside evaluation joins me now. an hour, goldman sachs banker paid a kid to wash the car? i can't believe $70 an hour is floating around out there. >> if it is send me the job listing all make time on sunday to fill the role. ashley: is a labor shortage that chronic? >> i think $70 job is hyperbolic but it presents leverage that workers have in the labor market that they did not have an a long time, it reflects wealth of many companies and also reflects the national wealth unprecedented in the country in the history of all nations. this is uncharted territory of one nation being so wealthy of having these kind of companies and resources. ashley: do kids just not want to work these days? i say kids i think of minimum wage jobs, summer jobs, that used to be standard. >> it used to be standard and i know many companies we do hire college kids in high school kids over 16 and many will work for $18 an hour. in the teenagers and college kids are reasonable and employed in jobs where people can afford to pay them. most peo

i am sara eisen with david faber.o massive interviews including lina khan following the ftc and doj's guidelines on brand-new mergers and acquisitions. in the latest from microsoft and blizzard from the man himself, bobby kotick. take a look at stocks in the early action. we are up almost half a percent on the s&p 500. gains on the week now one of the half percent for the snp. today, action being led for utilities and real estate. earnings continue to fuel the action. the only two sectors lower our information technology and materials. the nasdaq is up a third percent. here are three big movers we are watching. look at shares of carvana this morning. the online auto retailer announcing a new deal to reduce total debt outstanding by $1.2 billion and saying they are going to sell $1 billion in shares to shore up capital and restructure operations. up 35%. under pressure, the ceo warning of a cautious consumer on the call saying they expect a slower recovery than the straight expects. and finally we hit goldman sachs. ea

i'm sara eisen with carl quintanilla.schwartz as bank results with a make or break earnings season and yellen's trip to china. >>> calling this a show me market with some key econ data coming later this week we'll get his warning on the fed's excess tightening. >>> satori funds dan niles where to look fo

i'm sara eisen with carl quintanilla and david faber, live at post nine of the new york stock exchangeis morning. we're stronger it's been a nice win streak this week up a quarter of 1% right now on the s&p 500 you have a got strength in technology again today that's why the nasdaq is up 0.3% the weakness from energy, materials, and industries, checking out financial in the wake of big bank earnings, pretty much unchanged, though mostly good news from the likes of jpmorgan and wells fargo. we're 30 minutes into the trading session. here are three movers we're watching we're going to start with unh beating on earnings, raising its guidance, giving the stock a boost this morning and the dow more on that quarter later this hour coinbase extending yesterday's rally following a federal judge's ruling ripple xrt toke didn't not violatesecurity law coinbase up more than 2% this year at&t, touching a new 52 week low after now jpmorgan downgrades the stock to neutral over increased competition, both in its wireless and cable segments. stocks been week lately. overall markets as i mentioned have

>>> good monday morning i'm carl quintanilla with sara eisen live at post nine of the new york stock exchange setting the agenda today, a vacation on dove island. why two more hikes are ahead and the number that will be the ultimate test in deciding whether we get to 2%. >>> ian bremmer is with us russia axing the ukraine deal on grain. a bunch of agriculture prices are on the move. >>> follow the money with 80 etfs under their belt the ceo of wisdom tree is going to join us. >>> taking a look at the markets. s&p up .2% building on the gains we saw last week. what's driving it today? financials are having a good day, up 1% after better bank results on friday. tech is going strong, information technology is your second best sector that's why the nasdaq is up half a percent right now, you have 35.5% year to date the s&p 500 up 17.5% a rally that took so many people by surprise that were coming in, still expecting earnings -- and we have strategists we just heard last hour, earnings weakness, federal reserve having more work to do to keep inflation from popping back up and here we are.

i'm sara eisen with carl quintanilla and david faber, live as always from post nine of the new york stock this hour, morgan stanley's ceo james gorman joins us first on cnbc breaking down his latest quarter, succession talk and much more take a look at stocks here in the early action s&p continues to gain traction building on recent gains energy is in the lead, financials doing well, after a slew of bank results that sector up 0.8%. what's lagging real estate, technology, consumer discretionary and staples. 30 minutes into the trading session and we'll get to the banks. other big movers we are watching this morning starting with pinterest, getting a boost following an upgrade to outperform at evercore the firm sees ad spending stabilizing pointing to a recovery in the second half of the year chipotle signing a franchise partner toopen locations in th middle east. initial plans calling for two locations each in dubai and evacuate and watch novartis moving higher after raising its full year outlook on strong pharmaceutical sales. skefl walk to the ceo of novartis in the next hour of "squawk

i'm sara eisen with carl quintanilla.dent mary daly moments away calling for, quote, a couple more rate hike this is year, plus lessons learned from the svb failure. >>> thomas sho is with us with banks on deck. >>> charles schwab's liz ann sonders, what she's calling frothy sentiment. >>> decent action in stocks today as

we're joined by norm eisen and evan perez.questions are fairly in the weeds, as i can read them. norm, maybe i can ask you given you've got a j.d. somewhere in your past. one of the issue is the assurances that no other charges be pursued on tax or filing as a foreign agent was part of the gun case, not the tax case, and that's a complication that the judge took issue with? >> jim, the issue here is that the judge wants to make sure that the plea agreement is the entire agreement between the parties. and here the question was, had the parties agreed that this would resolve everything? or would there be some lingering exposure? and when we started there was some confusion about that. >> yeah. >> i do want to say having been mostly a defense lawyer for my career, it's not unusual to get some questions from the judge. that is the job of the judge, to make sure that the plea agreement is on track. this judge perhaps reflecting that it is an exceptionally high-profile plea agreement leaned in a little bit more. typically, if the pa

>>> good morning i'm sara eisen with carl quintanilla live from the new york stock exchange. bank earnings, jpmorgan, citigroup and wells fargo kicking off the season >>> downside risks are receding but we're not out of the woods yet. that is the thesis for ubs and alli mccartney she'll join us next. >>> graycroft founding partner dana settle on the firm's new partnership with coca-cola on a vc fund and the state of venture capital. >>> markets, meantime, benefiting somewhat from the financial reporting that came out earlier today. tech took a while. began to play along here nasdaq's up 33 nasdaq's first close yesterday above 14k since april of '22 just a sign of the week they put together, the bulls put together. >> it seems like the pain trade continues to be higher as we've seen pretty much all year long the news has come in on lighter inflation overall and better economy. that's been a good risk for stocks risks, the economy could be better than we expect or inflation is rearing its ugly head for now, the market is focused on the good news we have more with consumer confi

lauren: eisen look at zip codes and sometimes i say i'll call you back. david: piotyr.t wood stock in 1969? what was your favorite band? the answer is, yes, i purchased a ticket and it wasn't necessary because the minute i got there they said it's now a free concert. my favorite band was one person but he had a band behind him. jimmy hendrix and the last show was on monday morning at 8:00 a.m.. most people had left and i walked right up to the bandstand, i was looking up at jimmy hendrix doing the national anthem on the guitar and just fabulous. lauren: do you have pictures? david: we didn't have phones back then and it was too wet to have a camera so, no, i don't have any pictures at all. tom, with being on fox business, do your friends or family ever ask you for investment advice? sure it happens to you. lauren: all the time but i'm not a financial adviser so i can talk about big picture things but i don't give advice. david: some people pressure me -- cryptos. always on crypto. lauren: people see me picking up the kids and say, hey, lauren, what about bitcoin today o

i'm sara eisen with frank holland live from the floor of the new york stock exchange.david rosenberg is going to join us for a late breakfast on the busiest week of earnings season and ahead of the fed on wednesday. >>> and the ceo of graze, with reaction to the white house and voluntarily guidelines as that stock skyrockets. >>> a blowout weekend at the box office imax rich gelfund joins us. >>> the dow on track for 11 straight gains the nasdaq the laggard we haven't talked about it a lot today but we have the nasdaq 100 rebalance. perhaps that's a factor. a big week of earnings for big nasdaq stockses including microsoft, amazon and alphabet >> i think the conversation this week, frank, turns to can the earnings justify the runup in valuation and can the fed not do anything to completely surprise the markets. when it comes to the fed and expectations, we expect them to raise interest rates on wednesday. >> a quarter point. >> most of the notes i read this morning also expect to maintain a somewhat hawkish view, we could still be raising rates, we still have work to d

shan wu and norm eisen. shan, let me start with you. we know prosecutors are honing in on this trump meeting in february of 2020 in which he insisted at least to its closest associates there was no election fraud or anything along those lines. why do you think this has all of a sudden become a focus of the special counsel's investigation? >> i think it adds, wolf, to this notion of whether or not trump knew his position was illegal. meaning he already understood there was good security in the election and he was actually happy with it, bragging to people about it, maybe wanted to publicize that. the issue is no matter how much evidence of that exists, he can always say i changed my mind later or in my heart i didn't really trust that. i think the key for prosecutors is going to be showing his intent as to committing the illegal actions. someone might believe someone walking down the street is possessed. it doesn't give them the right to kill them. ultimately that subjective believe can be overcome by him taking actions that were illegal

i'm sara eisen with mike santoli live from the floor of the new york stock exchange. setting the agenda, a.i. leaders meeting at the white house, committing to the safe development of wall street's favorite new technology. u.s. commerce secretary gina raimondo joins us. >>> a barbenheimer double feature, barbie is with us. >> as well as peter oppenheimer on opportunities abroad. >> perfect >>> markets, meanwhile, holding onto small gains and also for the week, the s&p 500 up close to 1%. we've made a new month high in the s&p 500. the nasdaq has been giving back a little outperformance. on a two-year basis, we're tracking with very modest gains over two years, if you think about it we were going up in 2021 to the peak and a bad year last year. we're sort of in lockstep making up that ground. >> a lot of people looking at defensives i mentioned earlier the groups that led yesterday in the big selloff. also starting to catch a bid today and wondering whether it means that this sort of rally we've seen going on ten days for the dow, the longest win streak since 2017, is

i'm sara eisen with frank holland live at post 9 of the new york stock exchange. setting the agenda today, starboard value's jeff smith is here his new stake in company algonquin and the actor investor climate. >>> and the ceo of cleveland-cliffs, the stock moving higher on the back of a strong beat, but worry remains on a drop-off in steel prices. >>> later, the mber chair on what to expect from the fed. that's the committee that officially declares if we're in recession. why he is not necessarily buying the recession narrative. >>> we'll start with the markets ahead of tomorrow's fed decision the dow is at the highest level since 2017 and looking to add to its 11-day win streak. the next guest says the economy is out of the wood as liquidity is the issue joining us is jeff solomon what are you worried about on the liquidity front? good morning to you. >> good morning to you listen, i think the market's had an incredible rally but that's because we had this major -- two major issues with the budget crisis and the regional bank crisis so, any time you have anythin

. ♪ >>> good thursday morning, i'm sara eisen with mike santoli live from the floor of the new york stockhange. earnings are driving the market with netflix, the big laggard. oakmark selling out of that position we'll ask the portfolio manage what they saw coming. >>> ceo of philip morris international with us on the company's quarterly results and ambition of a smoke-free future and the company's entry into cannabis. >>> regional banks on earnings, a pulse check on how they're faring post-svb crisis in march and the landscape for financials and, of course, lending overall. >>> markets, you call them mixed. i think most stocks are down the s&p 500 down 0.3% up off its morning lows which was down 0.50%. the nasdaq down 1.2% a lot of the big growth stocks that had run so much this year into earnings, running into, i would say, mixed results from netflix and tesla. there's gives and takes on both of them. based on how the stocks had run and maybe investor expectation, getting a reason for incremental bullishness, maybe they didn't get one today. >> i called them blemishes in the last hour. i

>> thank you, normi i eisen, an thank you for being on the program. what do you think of may 2024?s an imminently reasonable time line, and it is incumbent on the department of justice for the judge to comply in all of the schedules of the very detailed schedule, and for them not to kick the can down the road, and we will see how the trump's attorneys shall do, but you should get this case to trial by may of 2024. >> norm, are we likely to see a delay when this starts, because of everything that is set here, and or it is set at may 2024? >> well, i think that there's going to be at least two trials of donald trump in this period. we know that there is going to be a march 2024 trial that has been set by judge marchan in the case in manhattan. and jack smith has said that he will bring an indictment for the 2020 interference case, and so if that documents case slips, he is going to be pushing for that case to go before, likely, before the republican convention in july 2024. so, i do think that we will see a serious effort, and at least two criminal trials of donald trump, and totally

>>> good wednesday morning i'm carl quintanilla with sara eisen live at post nine of the new york stock exchange. on the agenda today, pimco's tiffany wilding is with us why she says the second half of the year will prove to be very different than first and why credit may be your best bet going forward. >> plus, house financial services committee ranking member, maxine waters joins us the house kicking off a hearing on esg investing today, and what could be a contentious fight even black rock's larry fink says the term esg has been weaponized in congress >>> and later on, why amazon prime day is not exciting one veteran. >>> it is a celebration of the weaker inflation, softer inflation read than what was expected, and that than what we've seen in a long time, going back to march 2021 we got a 3% inflation read s&p is up 1% right now every sector is higher and what's leading us in particular, well, it's technology consumer discretionary, financials, they're all having good days. materials, it's cyclical also tied to the economy as well. what's lagging, more defensive groups like consumer

barbara mcquaid did one a while ago, and some others including norm eisen and myself and others were involved in one a year or so ago, actually -- more than a year ago, back before the hearings. i think the goal mainly is focused on the public. i think there's a lot of feeling that -- of overwhelming. the overwhelming nature of the evidence. how in the world can you bring a case like this? so this is an effort to say, you can do it. you break it into bite-sized pieces, and you sort of recognize the phases of what trump was involved in, and you prove that case, and then there are specific acts. we're focusing significantly on the phony elector schemes in seven states and people involved in those and trump's key role in all of that, and that becomes, you know, the basis for false claim allegations. >> right, and let me just ask you on that in particular, and on the question of state of mind, because, you know, his -- just trying to channel what his lawyers would argue. they would argue that, no, actually my client did believe that the election was stolen from him. now of course, there

. >> not going out like logan roy, that was a good line good tuesday morning, i'm sara eisen with carl quintanilla, live from the florida of the new york stock exchange. a c-suite tripper header charles schwab ceo walt bettinger joins us the stock is soaring, on pace for it's best day since 2019 after beating estimates. >>> ceo of novartis joins us. >> ceo of suntory joins us. >>> topping the tape, b of a new fund survey. the bulls are back, they argue 68% surveyed predicting a soft landing, which they say has become the base case mike santoli on the floor with how that's getting reflected in equity prices, especially today. >> seemed like last week was the one where people stopped fighting the notion that we had, perhaps, a soft landing on our hands. we're running out of time for a recession to take hold this year it's also been following what the market's message implicitly has been with yields moderating. what i find interesting is cash levels still above average they're down from the highs. there's still this sense -- it actually explains why the market acts the way it does all the

. >>> good tuesday morning i'm sara eisen with carl quintanilla. one of the top financial advisers joins us right here on set. >>> krishna guha joins us. >>> komal sri joins us on where the fed goes from here. >>> we're obviously on watch for cpi tomorrow and then more whispers today about whether or not it will be a soft print given with what's happened, you mentioned new york fed inflation expectations, the equity bulls have something to work with. >> it's all about core we are expecting a soft print on the headline number. june was so strong last year encouraging to get new york fed showing inflation expectations in a year at the lowest level we've seen since 2021. down to 3.8% that was good. you've seen some pressure come off the bond yield the two-year yield sensitive to the fed expectations, below 4.9% also watching the dollar which is at a two-month low. the feeling is we got some uk inflation hot numbers on wages feeling is they're going to have to keep going longer than the fed has to keep going. >> deutsche is looking for another 50 in th