as those set out by french writer artur to go be no he also drew heavily on the ideas put forth in fitz lengthens textbook human heredity and human hygiene. now discredited pseudo scientific theories of this type were widely accepted at the time. journalists disseminated these ideas as a matter of course. from hitler they served as a source of inspiration. in all sail he collected all these theories and brought them into our a pulse of soup. or dumont just something more he was able to give these books and these racist ideas a repulsive nightmarish coherence. as the months passed hitler continued to hone his world view of a superior area and race essentially the germans who were cast in a constant struggle for racial purity. their greatest enemy were the jews a supposedly racial parasite. the jew is and remains the typical parasite a sponger who like a noxious bacillus keeps spreading as soon as a favorable medium invites him and the effect of his existence is also like that of spongers wherever he appears the host dies out after a shorter or longer. harriet. the word you did the jews a

it was the 5th time and don't wins history that they conceded in the 1st minutes of an opening day fitz joe but after the shock of the early goal they put on a dominant display that sends a clear message to their title rivals you know that by going on at us we all took note of the fact that by and do on friday and that was a little added incentive for i was just happy to have taken 3 points and were looking for. until the next games the black and yellows will be wary of last season's to refix start but the fans already tense a dream. of. 7 bonus the good clubs have a new coach this season the go out and shock a match feature to newbies getting their 1st taste of the top flight shaka has given david wagner the keys to the royal blues he's known for getting his players to bond and pushing them to their full potential and beyond something shaka is in desperate need of after last season's dismal performance the other new coach in this team they're coming off a completely different scenario just missing out on champions league qualification last season the falls have party brought in marco r

in fact, fitz ratings downgraded the statever age demographics. >> we have incredibly low unemploymentwe hear from the business community they're looking for workers and skilled workers, ans this s to be one small piece of the puzzle to try to get new to come to our state. >> reporter: so far nearly 60 rete workers have taken advantage of the program with an average age of 38, an average grant of around $3,800. come january a new phase of the program will begin, new worker grants. this will offer up to $7,500 for out-of-state residts to relocate to vermont and work for companies based in the state like this sock manufacturer. they are experiencing record growth but needs workers to keep up. >> we will be double our workforce in a matter of years and we really need to work partneringith the state to get the workers. >> repter: for powkovitz who lives on 64 acres on the border of new york state with his family, the grant program presented the opportunity to make a needed change. >> this is something we alwfs dreameddoing, live on a lot of land. >> reporter: for "nightly business report",

anstanding b policy,>> fitz. right now they are, jim, look, county executive michaelov ridge the summer issued a ne executive ord. it said that montgomery country does not cooperate with federal immigration enforcement. now county has long been termed as a sanctuary city by istrump atration and country officials have cowered by saying imga gration enforce is the not their job. and now in thi moment with four individual cases of sexual assault against illegal immigrants there was a cklash underway againstome people in country caroline store jez said they are goexamining the. >> they are g to revisit there in any way what's>> sure e is aware of the serpz of community andp we seevnu rous phone and emails. kurnz.reall vaitin >>> 26-year-old concern mendosa is latest illegal it it describes a violent a woman august august 16 in silver spring. he's facing first. ice tells "fox5" hop dooren national until and he's new poly and building beyond. >> and cases some in this unco policy. county executive to reexamine all this

as those set out by french writer artur to go be no he also drew heavily on the ideas put forth in fitz lengthens textbook human heredity and human hygiene. now discredited pseudo scientific theories of this type were widely accepted at the time. journalists disseminated these ideas as a matter of course. hitler they served as a source of inspiration. he collected all these theories and brought them into our a pulse of soup in order to munch just something more you know he was able to give these books and these racist ideas a repulsive nightmarish coherence. as the months passed hitler continued to hone his world view of a superior area and race essentially the germans who were cast in a constant struggle for racial purity. their greatest enemy were the jews a supposedly racial parasite. the jew is and remains the typical parasite a sponger who like a noxious bacillus keeps spreading as soon as a favorable medium invites him and the effect of his existence is also like that of spongers wherever he appears the host dies out after a shorter or longer period. the word you did the jews appe

what's u there fitz? >> reporter: jim, this involves the usarmy's medical reseah institute of infections diseases at fort dietrich.ulba he cenckters for inspectiason of that facility a it er issued aea cndsehe a a cv laboratories.ie the reason? well, cdc found what they called iufficient systems in place to decontaminate the water in those high security labs. facility, local officials say weeks later pple still nearby should have health concerns oven eres.rkafy s widespread is this ve a l of questions. >> reporter: well, those questi es beganly today whenle tter went out from us senator chris vanollen to the acting secretary of the army, chris ryan mccarthy.now, he is into all of this and wrote that several activ project are underway for biological research inside for van nollen says he is concerned y t righ the security aspects of this but yssa to curing m in lt out in all of this, the e scoays his office now is launching a qe w the surrounding thorities, including legation, that these high security labs

and, fitz, mean, i don't knowyo abu, but if i was living out that way, i would be really, really concerned about this. hwhat are youearing from the people? is there anything that they're doings far as like precautionary measures? >> reporter: yeah.we , you know, this comes down basically to an issue of good neighbors. you know, people in this area have lived near fort dietrich for generations. genetions of their families have worked at ft dietrich, so it'secreto n there. they dea sl with very hazardous material. what we're hearing different here, though, is this lack of inform vioyn. close relationshipwe beten dietrich community and the local city o economic engine in this area. they've always been on good te ho r, officials today.reth ai whaeyt s they know about not only what preceded that cease and desist doat r'sight now to ascertain moving forward. people w spoke to in theknow, listen, they know it' a secret facility. they know thathey're not supposed to know everything that goes on i a secret facility. but somethingike this whe you're deal with waste wate r thatses a question as to wh

connell: this fight would take, keith fitz gerald was on with us last hour.fight could take forever. >> years. connell: right. at that point, you are kind of -- it's weird to jump in today, you know what, i'm going to sell whatever, facebook, because they will face antitrust concerns. it could linger forever, then who knows. like microsoft, it gets settled. >> the government loses. connell: yeah. right. yeah. >> but this was cited as a long-term drag. people could start to look for other places. part of the problem is there is so much low-hanging fruit. online retail is growing at magnitudes of what retail sales are growing. amazon is 40% of online commerce in this country. connell: the president has been quite vocal about some of these companies. you think he has the appetite to go after big american technology companies on this? >> i would say all options are on the table. when you look at these companies, look at how they are censoring, they are picking and choosing winners and losers and whose voices are getting out there. that is a huge concern, not just

i want to bring in money management experts the keith fitz-gerald and paul schatz.aul been a long time. want to start with you. last time i saw you you were optimistic and bullish about the market t has been through wild gyrations since then. the rebound started earlier in the session. it was a little stealthy at first, when it was clear buyers emerged you could see momentum to the upside. is that all we're in a trading range or could we have some sort of sustained rally? >> short term we're thrashing around putting in a bottom. i wouldn't rule out one more test down in august but i'm not waiting for it. i didn't wait for it. i think this will ultimately resolve itself with the dow 28,000, if not 30,000 by january. listen, it is an old and aging bull market but it's not dead. volatility normally increases as you get into it. another single-digit pullback. the world gets panicky. we bottom so quickly because we panic so quickly off a top. charles: keith, from the macro level, the bounce began early yesterday in the session, picked up momentum, i think the dow was sti

i want to bring in david dietze, moneymap press their chief investment strategist keith fitz-gerald.et me start with you. on one hand i'm sort of impressed with the market resolve. yesterday we had slight inversion. we only lost 60 dow points. today we had a slight inversion. we dipped little built. last wednesday we lost 800 points. what is the message of the market right now? >> historically, believe it or not, charles, this is actually a bullish indicator. what it means people are willing to buy the dips. they're not willing to chase the rip, mean a move higher. that is function, assembly waiting for the fed. a, the markets working formally. b, there is confidence for traders and investors alike and i like that. charles: david, i've been talking about the key resistance levels on the top, using august 2nd close for all major indices except for the s&p which has higher resistance. on that note it, feels like any given day though, there could be new leadership. in other words, again, we like broad market finds a way to rebound, it hasn't collapsed. it has been tested last few weeks,

keith fitz, money map chief investment officer.velopment with china, do you see this as genuine progress? what do you say? >> yes, stuart, this is very, very serious because china thinks in strategic deception. we think in terms of results. what that means, all of sudden the light bulb gone off in beijing with trump with agreements with germany, india, france. china is saying uh-oh, perhaps we miscalculated. that they don't need us. that is the big fear right now. stuart: what about the deal with japan. you're close with japan, how big of a deal have we negotiated? >> it is too early to put a huge, i can't put the calculus together exactly this is significant, japan saying we have partnership, we have alliance. we'll grow our countries together. this is very threatening to china because it didn't think something like that was possible. stuart: big picture for a moment, keith, you see all the developments with britain, japan, germany, maybe usmca, maybe with china, you see all of this as a very positive backdrop to the stock market,

greg mcbride, keith fitz-gerald, what do you think of that? one full percentage point, what do you think? >> that's a lot of money, neil. you know, in a big move in a short period of time is one thing markets cannot handle. they may want to, but cannot handle it. it would force automated programs currently haywire to go off the mark. i'm leery about that. neil: what do you think about that, greg? he will rethink the payroll tax. the economy is strong, doesn't really need it. i don't know how much truth there was to the notion he was considering it. if the economy is strong it doesn't need a tax cut, then it certainly doesn't need an interest rate cut, doesn't it? >> that is exactly right, neil. especially of that magnitude. the fed even had a difficult time justifying a quarter point rate cut in july. that will not be the last one we see. i, would not wish for anything drastic, simply because i think unintended consequences are far more significant than any possible good that could come from it. neil: you follow this stuff far better than i. w

connell: let me get back, jackie, and bring in keith fitz gerald, frequent fox business network guest this on the telephone on the markets today. we will get back on the broader discussions as well. down 723 on the dow now. obviously the bond market's been the story of the day with the stock market reacting to what it's seeing there. what is your read? are you one of these hey, this time it's different, or the bond market signaling recess, let's take that into account, what do you think? >> i think there's a little bit of both at work, frankly. things will be different this time are some of the most dangerous words in the english language. i think what you've got to do is look at the data. the s&p 500 has risen an average of 34% to a peak in each of the prior three interest rate cycles that are most similar to what's happening now. recessions typically don't arrive for 25 months. which means despite what's happening in the markets today, the more profitable decision to be making is what do you buy, not what do you sell. connell: what are you buying? simple, right? >> well, it is, to m

barton is with us, keith fitz gerald is with us. susan's here, ashley's here., first question. why should i just not sell right now and sleep well at night? tell me why i shouldn't sell. >> well, you can sleep well any time you like, stuart. but here's the thing. history shows that selling, trying to second-guess the unguessable, is a bad move. volatility always produces profit. the market is a forward-looking mechanism. if you are selling because of risk, that's a different matter entirely. but second-guessing the unguessable, no way. break out the magic eight ball. stuart: d.r., someone close to me said two days ago sell everything, stuart, for heaven's sake, why don't you. the market's reached an all-time high. just walk away. sleep well. why should i not do that? >> because a person like that probably told you the same thing in 2015 and 2016 and 2017 and 2018. stuart, to keith's point, when we look at trying to pick all-time highs and say this is the one, this is the big one, you stand a reasonable chance that you're going to miss a much bigger upside. do h

keith fitz joins us on the phone right now.ed the harshness of the language the president used but clearly, he's staking out a very hard line, taking it right up to the brink here, no backing off whatever. >> he is, stuart. i've got to tell you, i'm quite surprised. i'm not entirely caught unawares, however, because the chinese are pursuing classic chinese negotiating tactics and i think the president is responding accordingly. whether or not the united states markets can withstand that or are prepared to deal with the fact he's taking this action is a different question. stuart: it was an immediate response. at 6:00 eastern time this morning, the chinese foreign ministry issued that statement saying that the u.s. will feel pain because they are going to retaliate. shortly after that, we got news that they would impose these 5% to 10% tariffs on just $75 billion worth of our products. then couple of hours later, the president comes out with a very strongly worded tweet saying hey, you're not going to get away with this, we're g

keith fitz, come on in. it looks to me like it's a race to the bottom. what are the implications of that? >> well, the implications are that they are playing with occam's razor. i think the president is correct, the fed has screwed up. to their favor, this is good and they are trying to get ahead of it but where it goes, i don't know. i think we could see 1%. stuart: do you have a sense that we are in a financial crisis? >> not yet but i think the fed doing this strongly tips the scales in that thing. the problem we've got in this country is we are predicated on spending. when the rest of the world is predicated on savings. it's been a tough road to hoe for many, many years. it is not going to be an overnight fix and certainly doing this is not going to aid that. stuart: hold on a second. liz peek with us this morning. you heard what president trump tweeted, very critical of the federal reserve. what do you make of this? >> i think he was right. last year, seven rate hikes really did not do us any good and in fact, caused the economy and the stock market