>> andrew, gary smith here. going to ask you a question maybe a little outside your scope of knowledge and really more for your opinion. it seems like ever since trump has become president, we've been involved in investigation after investigation after investigation. we have never-ending soap opera going on between the parties. this will open up another can of worms in my opinion. do you think overall opening these up, declassifying all this information, which of course will lead to probably declassifying other investigations, do you think it is good for the country? >> gary, i think that's a great question. i mean ultimately we have investigators in these agencies and they don't have jobs if they don't investigate. the political battles that go back and forth, it is a matter of our political checks and balances. it's the multiple branches of government. i think there's a healthy degree of investigating one branch after the other. but when it goes on for too long and when it goes too deep and it doesn't stop whe

action packed day, christina partsinevelos, oh , no we have jonas max ferris, adam lashinsky and gary b. smith good to see you, gang thank you for joining us. let's go first to edward lawrence with the very latest on what is happening here, edward? >> reporter: david the white house taking criticism from all sides about the plan to impose a 5% tariff to begin with on everything that is imported from mexico, criticism from mexico, from democrats, republicans, trade groups, as well as republican allies, of this white house, and also a business is upset about this. in fact a spokesperson for the u.s. chamber of commerce says they are among a group of businesses looking to file a lawsuit over this policy. >> they're using some emergency powers and we're still frankly trying to understand the legal basis that can be invoked. >> reporter: and acting white house chief of staff mick mulvaney says the president is using the international emergency economic powers act. that is a federal law. last night i talked to judge andrew napolitano who says that treaties supercede federal law so there's some quest

that will cup will definitely feature 48 teams well with both 2 ghana based it football writer gary smith on how this decision will affect football in africa african football busy. historically not done well at the world cup and i mean the argument against the continent gets even more slots because the argument is that if you with a few that they have a we have be doing to do their best with it and so they increase of the last cup number for africa men's that more attendees were going to be in there but you got a lot of people feeling that african football has not developed to. a level where even be able to do well even if you give them a 100 slots you know but by ship means of probably numbers of men that are more africans you had the greeks are the chances of doing well so far that is the scaled down and it's still going to be $32.00 teams means that it's back to square one for african countries off 2 years of struggle burnings a rebel team f.c. union are on the for over promotion to germany's top league the bruins league for the 1st time the team are set to face stood guard to end a 2

united states mexico will definitely be a 48 team tournament well ghana based football writer gary l. smith joins us and now gary how will feet 1st decision be felt in africa. well african countries have historically honestly not done well in their world cup too much hostility is given them and it's been the stick that has been used to the us if i should put it that way for a long time reducing the country's means makes it even more difficult for african countries to progress today lots of stages of the competition and it's i see a massive disappointment will this decision affect support for janeen for tina across different continental confederation. where all this it's all about the politics isn't it the other side yes and no yes because this was one of the promises he made to the different configurations and it appeared that he delivered it but now that it's not in his statements you know we have to look for other carrots to be able to give to the considerations a sweetness to be able to get votes for him next time he think they came to 32 teams will cup will be a relief for qatar yes i t

cup will definitely feature $48.00 teams well area with both 2 ghana based at football writer gary l. smith on how this decision will affect football in africa african football busy. historically not done well at the world cup and i mean the argument against the continent gets even more slots because the argument is that if you with a few that they have a we have be doing to do their best with it and so the increase of the last cup number so africa men's that martin counties are going to be in a dish but you've got a lot of people feeling that african football has not developed to. a level where they don't even be able to do well even if you give them a 100 slots you know but by shiite means of probability and numbers it meant that the more africans you had the greater the chances of doing well so far that is the skill and it's still going to be $32.00 teams means that it's back to square one for african countries. off 2 years of struggle barely ends a rebel team f.c. union are on the verge of a promotion to germany's top league the blues league for the 1st time the team are set to face sto

pleasure well africa could have had up to 4 extra teams ass and large taunts going in journalist gary al smith says the fate the president will now face some tough questions from the consonance. african countries have historically honestly not done well at the world cup no matter how slight is given them and it's been the stick that has been used to us if i should put it that way for a long time it makes it even more difficult for african countries to progress to the latter stages of the competition and it's a must see a massive disappointment this was one of the promises he made to the different configurations and it appeared that he had delivered it but now that it's not what i thought it was de france you know we have to look for that courage to be able to give to their considerations a sweetness to be able to get votes for him next time well if the years of struggle berlin so-called rebel same f.c. union are on the verge of promotions germany's top league blunders leading to the very 1st time a team reliance on fan support rather than high finance by the 1st leg of a playoff with stuttgart

joining me right now gary b. smithsee you. >> first i guess your take on what is impacting the markets, let's talk yields for a second at the lowest that we see them. do you think that this is worrisome or indicative of slowing or recessionary economic story? >> it could be. i mean, there's plenty, everyone points this is a failed safe lockdown signal that recession is coming, there's been a variety of false positives, if you will, over the years so i'm not sure that alone indicates a recession, there's a lot of other things, though, that tells me a slowdown maybe coming, you know i'm normally bullish but, you know, my canary, if you will, is what's happening to housing crisis, slowest increase in the last 6 and a half years and as you have seen around your part of the country and around my part of the country higher and home sales have dropped off the cliff. that tells me that people with money sense something bad is coming, that worries me. maria: yeah, i feel that a little as well, i understand what you're saying bu

this is "bulls & bears" and joining me on the panel today, john ass spirits, adam bleszinski, and gary b smith, the president says he is banking on the economy for 202 2020,. >> i will be running. >> that is a compelling argument. how is democrat running for president in 2020 complete with a strong jobs report. >> i think that's a tough one to compete with. when voters go to the ballot in 2020 even if you do not like president trump or support some of his policies you look at the economy, do i have a job, or my wages going up, and my better off now than i was four years ago? yes, i think that is a strong point that he should keep selling. >> i have been giving this a lot of thought, anyone who says what heather just says is wrong or disagrees is crazy in the head. there is no doubt that a strong economy is good for the incumbent. so now what, for the democrats, the same was true for use ago, the economy has been proving for seven years under president obama and voters voted -- i was about to say overwhelmingly which is crazy, they didn't but voters voted in president trump under the circumstan

. >> here is react jonathan hoenig from capitalist pig hedge fund and gary b. smith, kadena group president. jonathan, i call with you, i call baloney that the market is afraid of impeachment. even if the house went ahead and had impeachment hearings, even if it succeeded it wouldn't pass the senate. it is not a real threat to stocks what do you think? >> melissa i don't know if the market is afraid of impeachment but i think the market is afraid. look at the breadth today. 400 new 52-week lows. only about 30 new 52-week highs. a lot of week market action out there. alcoa, bank of new york, deutsche bank, gap, a lot of retail, even banking sectors trading sharply lower. you never know why a market is moving just how a market is moving. whether it is impeachment, trade, any areas gerri outlined this is very weak market and very weak tape. melissa: gary? >> i agree with jonathan. i agree with your one point, baloney the markets are afraid of impeachment. they're not afraid of impeachment, they're afraid of headlines, constant drip of bad news. kind of like the trade wa

gary smith, our virgin islands medicaid director. i must also thank gomez, commissioner designee of the vi department of human services extended to us her complete support as we prepare to come to this important committee meeting today. on behalf of the honorable governor andy more than 100,000 american citizens living in the u.s. virgin islands we bring you greetings and as we say in the virgin islands a pleasant good morning. as a people, we want to can pay convey our heartfelt gratitude, appreciation and thanks for the concern and support that you and your colleagues in congress have provided. as we continue to recover from the unprecedented damages caused by hurricanes irma and maria. to two category five hurricanes which ravaged the virgin islands in september 2017. we are a resilient people, but my testimony today is truly intended to actualize the empathy. i appear before you today to ask your request for continued urgent support to address the critical federal and local funding crisis. we are facing in our healthcare system.

action packed day, christina partsinevelos, oh , no we have jonas max ferris, adam lashinsky and gary b. smithyou for joining us. let's go first to edward lawrence with the very latest on what is

bulls & bears i'm gary kaltbaum in for dave david asman , joining me is steve forbes, liz claman, gary b. smith and let's go straight to the white house with hillary vaughn, what will the president be announcing tomorrow? reporter: well this immigration makeover is meant to bring everyone in the republican party on board and this is focusing on a merit-based immigration system that would judge people based on points. they would look at applicant's age, their english proficiency, employment, educational background that's just a baseline figure here. applicants can be boosted based on how much money the job will pay and also applicants go under a health screening, a criminal background check and the white house wants to raise the number of immigrants college educated from what is 40% now to 71% over 10 years the white house says this plan will raise gdp by 600 billion, but that's not the only play on the table here. senator lindsey graham on capitol hill today rolling out his own plan that he says will fix the humanitarian crisis at the southern border, people will not be able to claim asylum any

connell: gary b. smith, kadena group, fox business contradict tore and danielle dimartino booth. former fed advisor. phil's point about the selloff in oil. got a lot of it whether russia or united states. not as concerned about supply with iran. what is our outlook for energy? >> for one reason, connell. energy is always related to growth in the worldwide economy. i think the u.s. is still doing well. i think the rest of the world is kind of flat-lining if you will. i think we may be headed that way also. i think growth here will start to level off. the market starts to reflect that. growth levels are off. demand for oil drops. hencs fall of energy stocks. connell: federal reserve commentary you were in the middle of, yields when up, seems right today? the bet here is i guess a sensible one for investors trying to read between the lines saying doesn't look like the fed is going anywhere whether up or down anytime soon? >> no they're not. there was element of disappointment carried through. 10-year pop up to 2.54% t was 2.44% before the powell press conference. by the time he left

africa could have got up to 4 extra tames as an enlarged tournaments going to a football writer gary al smith says the fate of president will now face some tough questions from the constant. african countries have historically honestly busy not done well it was. given them and it's been this has been used to us if i should put it that way for a long time it makes it even more difficult for african countries to progress to the latter stages of the competition and it's a massive massive disappointment this was one of the promises he made to the different configurations and it appeared that he delivered it and now that it's not i think misstatements you know we have to look for that carrots to be able to give to the considerations sweetness to be able to get votes for him next now berlin's so-called rebel football saying f c union are on the verge of promotion to the german bunds league for the 1st time that same reliance on fan support rather than high finance kicks off the 1st leg of a plan for stood guard lights are on this thursday dominic can reports as they go through their training routin

we have lindsay bell and gary b. smith. gary, what do you make of this announcement now?have also heard the respective chiefs of these companies talk about how they are weathering it. what do you make of this? >> troublesome, neil. you have a company laying off 7,000 workers. that can't be an indication that they think times ahead are exactly rosy. you could argue well, maybe this is just a one-off but across the board, we have seen manufacturing numbers decline. we have seen capital spending by corporations decline. you add those together, either everyone across at least the manufacturing area is dead wrong, or something's going on where people aren't quite sure about it. doesn't sound good to me. neil: you know, looking at that, the fact of the matter is ford is still in very good shape, very, very good shape. i mean, they are a lot leaner and meaner than they used to be when we had these guys not so much ford, but gm, sort of on the ropes. but maybe this is in preparation dealing with the protracted trade war or what? what do you think? >> you know, i really think it's

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smith says from fedex. you don't have the airports or the infrastructure but at the same time when you speak to gary fill m filman from dollar tree, do you think we'll sit here and take it no they're moving people are now riding list of possible retaliatory measures because they said that may not be symmetric tariff for tariff they got treasuries and yuans and inspections. >> i think they can delay things you have seen it before. i do think that everyone is thinking apple, apple. and how much is that one of the reasons why i think -- the service revenue stream that takes away the hostage point. you don't need all the new ones. it does matter >> in the end it is mom and pop businesses a look at travis kalanick as we gauge what his level of participation will be today. given that tension we talked about earlier. >> i thought he was grateful during the interview with andrew and dara is really graceful. mr. kalanick was criticized and there was a kid on the board and obviously his -- a big day for him in terms of his network, no doubt about it and ichb given in ownership position of $5.6 million or something?