grasso >> would i rather? >> well, you're in nike. >> carter scared the heck out of me going back to the ipo chart and having breached that, but i like that april and even september of 2019 level that i think is very important. i think some of those down-dre drafts on the low of covid are things we are looking at but ultimately the big test for this company are where rates were high and the consumer had less of a job. >>> coming up, shares of meta closing out their fifth straight quarter of losses, the longest drop in that history >>> but it's been rough waters for a lot of cruise stocks but this one just saw its worst day since april 202078 we'll tell you what it is and what drove the action (vo) with their verizon private 5g network, associated british ports can now precisely orchestrate nearly 600,000 vehicles passing through their uk port every year. don't just connect your business. (dock worker) right on time. (vo) make it even smarter. we call this enterprise intelligence. millions have made the switch

so grasso, i think you're in agreement. too early to get into housing, right, not knowing what the fed is going to do >> yeah, too early to get into housing. tim touched on the mortgage rates. 30-year -- 90% of all mortgages are attracted to the 30-year mortgage rate. beginning of the year was at 3%. now it's about 6%. so i don't think -- that's the whole debate we're having. if that starts to flatten out, then you could possibly become constructive in housing. but we don't even know how deep or how long the recession is going to last. how can you buy housing if you don't know either? i think it's just starting to feel the pain. the pandemic really did a number for housing. people had second homes. they were working remotely but we're just starting to see supply of homes for sale up 27%. year-over-year, that is. prices are still 43% higher than prepandemic. so, yes, it's too early. and just remember, any recovery in the housing market always happens in a rising rate environment, not for this reason not for battling inflatio

elizabeth: mayor grasso, thanks for coming on your honor.. appreciate it, liz. elizabeth: chief just sis john roberts is defending the supreme court as vice president harris attacks its legitimacy. fact checkers calling out the president's new blitz of whoppers and misleading statements on his midterm campaign trail. plus one big policy move that the president lauded and said was great. now he is not talking about it. why democrats are are attacking it. "washington times" editor charlie hurt next on "the evening edit". ♪. it's nice to unwind after a long week of telling people how liberty mutual customizes your car insurance so you only pay for what you need. showtime. whoo! i'm on fire tonight. (limu squawks) yes! limu, you're a natural. we're not counting that. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteri

york at the time, george pataki, and the guy was running the new york stock exchange back then, dick grassoand former nypd commissioner ray kelly. and the guy who has never forgotten this day and remembering those who sacrificed their lives then and put their lives on the line since, because the tunnel to towers ceo, frank siller, is here. welcome, everybody, i'm neil cavuto. very good to have you on this busy weekend where we look back at her majesty's kingdom and look forward to what her son plans. the first time in 70 years brits are getting used to the idea that they now have a king. for the last 70 years, it's been a queen. alex hogan in london on how that adjust adjustment going. hey, alex. >> reporter: hi, neil. there are so many ceremonies that will take place as we see this transition of power. so much tradition already taken place today like the ascension ceremony. no one participating today had ever done this before, because the last time this kind of ceremony took place was in 1952. among some of the notable faces that appeared today in the crowd of roughly 200 people were membe

not de la grasso not go to paris one prop, which will just cuz i had a piazza with the feel way like we didn't last them. how do you push lease? not is up a new train. the stock anyway. what is somebody with the prospect, especially in the what the office. thank you so much to proceed to the look. i will not get a passport from will senior request proceed, but you will wind up with duncan and someone will come in and you pride few enough criteria, obsolete pro. okay. do you use that? she has them boss. do more shameka? are you? i love, we always russia. yes it was, it was a lot scale. can you hear me? you? i never, i didn't read, sorry. he knew to those me digits, thought syllabus to go up. would need nib least coupon to wash him live and look at the plane for a month. so for crazy busy jim. prescription drugs national. pres, one you see if there's a leisure when you, when music of should deal with ashley the deputy coroner stale. push you to roach with 30 sure others who are a little bit of touch recently. yeah. oh no because it was him. get to this is dustin a guy to this. who does

not de la grasso not go to paris one prop feet. you just go. so how does a piazza we feel way like we didn't last. i'm hoping you push lead. not is up and move great in the stomach anyway. what is somebody with them? i need a solution even though what their cause is. so thank you so much to proceed to the look i will not get the kids are the only a possible will senior request proceed, but you will wind up with duncan to somebody who is in the up and you pride few enough criteria, obsolete pro. okay. do you use us? yes. them boss. do more shameka? are you? i love boys. russia? yes it was. it was a lot scale. can you hear me? you? i never, i didn't read. sorry. he included those me digits, thought syllabus to go up. what do you need? please keep watch watching live. look at the. we put our sleigh in for a month, so for crazy busy jim thought us, she's go figure out some nation. please learn. you. see if there's a to pleasure when you, when music of should deal with ashley the deputy coroner still push you to rush with chris. shirley sold it for

here for when folks here are outhawking the fed and the fed is coming around to our thinking, steve grasso >> steve, when we look at unemployment when you get an idea of where you think unemployment is that it moves the needle for the fed, did you come out of that meeting with any clarity? >> a little bit. i think their number is understated if they really want the kind of slack that's going to be needed in the economy to bring inflation down in a classic tradeoff between unemployment and inflation i don't know if they have that chart in the back, the fed's own unemployment forecast. they have been going up to 4.4%. that's less than a percentage point and i don't know if it's going to be enough to create the kind of slack. the fed essentially by the way is kind of forecasting a soft landing. remember, it sees gdp next year go to 1.2% unemployment,4.4 that's not really too shabby consider i think powell himself said that if that happens, it will be a pretty decent outcome. he's not forecasting a recession per se, but when the fed says 0.2%, you know, it's darn close to no growth at all. >>

that, yes, mr. grasso. this, i put another minute where i was illness element. disney jr. answer can be to deal book or book or a non at gwinnett mass. go and their mother valencia, come with the rest of my truck and went race to the me. he got, but a year this, me, luncheon settlers was because if there was, you know, they were styles for him that, that like len, this d now all went up as could leader couldn't vivian have either they separate his, he, those abbey have either des moines this that have been disco chaired again. i mean tell us how bad sick list read but i'm not so sad in italy minute again. he said though in me smoke up inside a nickel, we are no big children and isn't that says no mm. mm. a gentleman from the dish. when i shook us up at the meadows in town, that amounts i. madeline ralone. voice message more in your kitchen because a scenario i'm not sure. yeah. no sensible. yeah. unless i'm gonna send my son away. listen who cdls? i was with a bhaskar. yeah. must. i guess i want to thank everyone i did on up after another must have been to bette

. >> steve grasso. >> and ex e, nexgen energy, traded up dramatically this week. >> bono. >> xle. >> karen finerman. >> related to energy. my trade is buyback oil. >> that does it for us on fast money. don't go anywhere. tis action is up next. stomach right now on options action, the energy trait has been running at low-power this week, the sector underperforming the major averages. now is the time to get bullish. >>> plus, time to send your strong dollars on an investing trip abroad. one of our traders says you should be doing just that. >>> later, looking back at apple's big week, from the iphone reveal to a big trade. as always, it is friday and we are taking your tweets. i am melissa lee. on the desk tonight, carter worth, and bonawyn eison. let's get right to it. the

musician was so model korean sco another furthermore, course that was with that senior snap as glen la grasso, that are the malays for present corona said that they're going out of thought those of a go provide that ability each knows you still okay. you grosso, crane scheme. not all of them are but junior that are not all the stuff. i probably, if you will, that is new. but chinney, doug approved, he would, he isn't biographer, you, people who did seem decently extend mavita chip to state for gloria party. some are border your but it's only about a shirts. a cautious schedule will give a tourist for me to always keep you eligible for us. as starsky de la, gifted as it or do or organs as you please can mention that you'll know honestly by me, keep on be to put your groups, come will you be i am looking and i was nice. it wasa as bad as though garage nasa thought me, lucia was all year efficient because i knew were reducible. when you put a leach an agent, just them or put them on will, must not, we will not, your language is raisal neural net of us to deal with. but sure, mr. but then when yo

if the burr ridge mayor, the suburb of chicago, if that mayor grasso is correct and mayor lightfoot neveroordinated with them before sending bus loads of illegals to their town. >> yeah, watch out what you ask for. governor abbott is building barrier and deployed the national guard and texas guard and deployed the department of public safety and you said that the attorney general there said they're spending $70 million a month. beside the federal government, that are not doing enough because the policies have ham strung all of the department including my former colleagues in border patrol and ice, who's doing more than greg abbott to call attention to this problem and practically, logistically, operationally helping the border patrol and texas. elizabeth: we've got 9/11; right? 9/11 commemoration is this sunday and no mention on the mayors from new york, chicago, and others on the terrorists caught at the port of entry this year. we're a generation away from 9/11. why no hair on fire moment from the white house and from democrat mayors on this? >> yeah, they should be calling the white ho

mayor grasso called lori lightfoot a hypocrite for complaining about texas governor abbott sending migrants she gave him no notice, he found out about the migrants after residents called and e-mailed his office about it. the philly mayor says the city is inventorying existing resources. right now it has not been confirmed if buses of migrants will arrive in the city and doesn't anticipate any notice prior to arriving. governor abbott says to stay tuned when asked if the city of brotherly love was next. little under two million migrant encounters in 2022, the border czar kamala harris says the border is secure. listen to this. >> vice president harris: we have a secure border, in that is priority for any nation, including ours and our administration. >> migrants were seen running toward river crossings while being cheered on by other illegals as they were chased by mexican border patrol, watch and listen. [cheering] >> ashley: texas border town requested more refrigerators to store the migrant bodies they find as tmort yours are overwhelmed. >> carley: a frightening survey found 20% of stude

>> well first and foremost if i ran against gary grasso in the congressional race for the primary sosanctuary city and then migrants are sent there and they immediately ship them to a suburb. if they came to our suburb the first thing we do is make sure the migrants are housed humanely. we won't put them on a bus like cattle. to treat people like that is inappropriate regardless of their circumstances is wrong. we have to make sure they're safe first but then think about keeping our community safe in the fact those people as we know are not properly vetted and we turn around and have a law that doesn't allow people to be kept behind bars. what in the world could possibly go wrong with all those factors being put together? >> bill: interesting race. see how it goes. caston is a democrat. slightly redrawn to favor democrats. we'll see whether or not you can upset that. >> dana: it's an interesting year. >> bill: good luck. >> dana: know end in sight for the illegal migrants at the border. the democratic challenger in a crucial battleground state is struggling to shore up her coalition.

gary grasso called lori lightfoot a hypocrite for complaining about texas greg abbott a hypocrite ande him no notice of sending to his town here at the mayor only found out about the migrants in the hotel after residents called and emailed his office about it. meanwhile philadelphia at the next sanctuary city on the list for governor abbott to bus migrants too. the mayor's office and the city inventorying existing resources should those seeking safe refuge find their way to philadelphia. right now, it hasn't been confirmed if buses of migrants will arrive in the city as it doesn't anticipate for a notice prior to them arriving. governor abbott's office said to stay tuned to announce if the city of brotherly love is next. well under 2 million migrant and counterspy cbp in fiscal year 2022, orders are kamala harris of the border is secure. listen to this. we have a secure border and that that is a priority for any nation including ours in the administration. >> carley: amazing as migrants were seen running towards river crossings while cheered on by other illegals as they were chased by

. >> steve grasso, thank you, sir. >>> up next, consumers aren't only dealing with sticker shock at theation under the microscope on that one, next as an expedia member you earn points on your travels, and that's on top of your airline miles. so you can go and see... or taste or do absolutely nothing with all those bubbles. without ever wondering if you're getting the most out of your trip. because you are. >>> over the past year we have said the word "inflation" a lot often preceded by the word "transitory. off air we've said it as well and a new term is a different inflation-adjacent trend dom chu joins us now. >> that word is shrinkflation. what exactly is slhrinkflation it's about consumer products actually getting smaller in weight, size or quantity while prices stay the same or increase so it's what some people call the candy bar effect they still charge you $1 for a candy bar but instead of 8 ounces, it becomes 6 ounces or 5 ounces instead so it's something to worry about here and the changes can be subtle. the reason why it's important right now is because according to a recent

mayor gary grasso said he was caught off guard when more than 64 migrants were relocated to a hotel inn. he says he first heard about the group which is expected to stay for 30 days when residents started calling and emailing about them. he said i'm glad the american dream is still alive for a lot of people as it was for my grandparents when they came here, but unhappy that nobody from the city, from the state called and told me or my village administrator or any elected officials this was happening. the illinois department of human services confirmed many of the 300 migrants who came to chicago last week got temporary shelter in urban and suburban hotels. as expected texas governor greg abbott will bus more migrants to chicago in the coming weeks. illinois congressman dick durbin called the move inhumane. >> i want to make two things perfectly clear. our immigration system is broken in this country. we have set it over and over again, it is the truth. i don't know the circumstances in texas. but to dump them in communities where they have no contacts whatsoever it is cruel and inhuman

. >> gary grasso is the mayor of burr ridge, illinois, he joins us from chicago.> steve: in your town of burr ridge, illinois right now you have got 64 migrants, they are at a hampton inn. when did you find out they were there. >> after they were checked? >> who took them there? have to presume it's the city. that's where the buses originated from and they were sent to our city. there is confusion, even as we sit here this morning. there's confusion as to who made the decision, whether it was the governor who, you know, is a sanctuary state person. and/or the mayor i was not told. >> steve: are they in a hotel. do they have something to eat. has the state talked to them about school, medicine, any of that stuff? >> we are trying to get that message out. they are in our village and, of course, they are a lot safer in burr ridge than chicago. so safety is the number one job of government so we are making sure they are safe. they are not the problem. they are behaved. there is no issue with them at all. they are looking for school opportunities. we are inquiring as t

and he had segue kalima, poor stoner grasso as he chuckled portrayed cause to them they said teeth poaching assuming it towards federal cache porno, zoe's in my. you're saying now what about the daily can and looked at the whole will chavira the higher daddy all obama? i 80 shabby lithium demi ily billy i took a little bottle an okay and a well there. how thought different cook, and it had it was levy ah, what is it writing mother to he little david susan, this is tracy. and we're from udo middle by noon over to melissa already has an attached to to nice literatures. brett, for the summer toys. oh was tiny polar group of people? nicole de b. u. s. lewinski police tree green t e. they say to miss williams, the family bid, beardless director of the lord knew in mosquito butcher, sir book as soon as we know of britain sterno louisa. this was very similar to the sony sky, lily redness of pros, order zebedee will use castle as ever. yeah. isn't that dealer with our collections? and he nod yes. as in an knowledge is love, an atlanta and, and makers amana dudgeon di a palmer, m, which nelson is va

private citizens fought back against this office, including dick grasso, ken langone. neil: you're absolutely right get a sense where this thing is going. there are 220 pages a lot to this, better than three-year investigation we're told that dates even back when he was president. so they will look through a lot of stuff but often times as you and i discovered just going through company reports, what have you, it can often times be in the eye of the beholder. you know, companies miss things or overstate things or understate liabilities. so is that a deliberate act, is that a criminal act? or is that just in the moment we went with the best that we have? >> we should point out they have a lot of documents. it is not like they're going to go to trial and find something, a smoking gun so he gets a criminal case against him. i can only say this, neil, this is obviously taking a toll on the president. his ardent supporters will say it's a witch-hunt that will help him there. republicans, a lot of republicans particularly in leadership would like him not to run. that being s

tomorrow are betting that what we thought that i could in fact continue, maybe adhering to steve grasso'say rule. >> the old three day rule. >> three day rule. >> lesson, when you see a lot of that short dated action, it could be somebody looking for short-term protection, trying to kind of stopped themselves below the market or so. but as we say this, we talk about these kind of high-growth companies all the time. i mean, all of a sudden, you have a company that was trading north of 2010 sales. now at five times, if you still like the business, and you just see a deceleration, you just mentioned, you know, kind of integration issues with an acquisition, whatever. these are probably getting close to level stocks like this. >> all right, mike, thank you. make coe, for more options, tune in to the full show. coming up, we are all over the after-hours move in lululemon shares dumping after lesatt report. got exclusive towns from the ceo. that is next. and we are counting down to a big apple of and in just about a week's time. what makes this event so special? we will tell you when fox money

after a downgraded barclay's citing excess inventory in its wholesale business joining us is steve grassol we start with wynn is it a winner or not? >> so wynn is probably my favorite stock out of the three. you nailed it. it's lowering the covid quarantine protocols i think that was the major tailwind for the stock today if you look at the technicals on it it's had recent momentums. the stock is off its lows. up 22% in the last three months. heading towards the 200 day. if you look back on the chart, tyler, this stock has not been above its 200-day since july of 2021 i think most of the bad news is out of the way. >> next is weyerh a. ser this is tied to lumber if lumber is lower or not going up to the nosebleed price, it's tied to it the housing market. the housing market has just started to show signs of weakness so, further weakness means further weakness for this stock. >> let's move on to our next and final name, that would be nike >> right so, tyler, this one i put in that neutral to buy camp for me. what i do like about it is that it was recently downgraded when you get a stock re

watching "fox & friends" yesterday, you were introduced to the mayor of burr ridge illinois mayor grassod off at the hampton inn in his town. they didn't know anything about it. eventually they figured out okay. these were some of the migrants from great city of chicago bused to his town they didn't have heads up. now there is news another town elk grove, illinois, the mayor there craig johnson heard apparently they were going to bring a bunch of migrants there. he said hold on, have you checked them? have they gone through a background test? have they had health checks? because if they haven't, they are not getting off the bus. >> ainsley: he says on septembel from the governor's office informing them this migrant bus is going to be arriving in his town that same evening. he said well, we need details. the governor's office called back and said they are actually arriving in an hour and a half. i needed more of a heads up. i didn't know how many. we didn't know the name of the hotel they were going. we didn't have any details on health screenings or background checks the governor's offic