i am jim kelly, developer of global security analysis at fordham university, proud to be cosponsorings with our partners, the museum of american finance and this is part of our series celebrating business education affordable university. it is particularly timely since we have financial history at fordham university in conjunction with the museum of modern finance. please enter your questions by typing them in the qa section in the bottom of your screen. we will be addressing as many questions as possible after the presentation. you will be entered to win a free book of lincolnomics. winners will be notified at the end of the week. now turn it over to our speaker. >> thank you, jim, and we also appreciate everyone at the cfa. this is the third time i've had the pleasuree to introduce john wasik. the first time he had written 10 books come in the second time he was up to 16 and now we are we're up to 19 books in total. so congratulations on not, and this book is particularly timely because part of it they are discussing infrastructure in congress is debating an infrastructure build and

i am jim kelly, director of the center on global security analysis. we are proud to be cosponsoring this webinar. this is part of our centennial centennialseries celebrating 10f purpose driven education and of course in conjunction with. please enter your questions by typing them in the q-and-a section near the top of the screen. you will be addressing as many questions as possible and after the presentation. question. as a participant in today's webinar you will be entered into a raffle. now i would like to turn over to david, president of the museum enof american finance who will introduce the speaker. >> thank you, jim. it's always great to be backs with you. the first time i introduced him he had written ten books which was impressive. the second time, he was up ande now we are up to 19 books so congratulations on that. this book timely. congress is currently debating an infrastructure bill and john ponders several times going out of the book. there's 1,000 columns, and pothers like "the new york times," "the wall street journal," most importantly

i am jim kelly director of the billy center of global security analysis florida university.rior to be cosponsoring this webinar on lincolnomics with our partners with american finance in the cfa society of new york. this event is part of our centennial series celebrating 100 years of purpose driven business education. it is particularly timely since we are currently offering a course in financial history in conjunction with the museum of american finance. through the presentation please enter your questions by typing them in the q&a section near the bottom of your zoom screen. who will be addressing as many questions as possible after the presentation. lastly, as a participant in today's webinar will be entered into a raffle to win a free e-book of lincolnomics. winners will be notified at the end of the week. now i'd like to turn over to president of the museum of american finance who will introduce our speaker. thank you. >> thank you jim it's always great to back with you. the cappelli school, our friends at cfa. and this is a third time i have had the pleasure to introdu

and of course the gabelli school and jim kelly for that introduction. i'm near the business school campus was i walk past with some frequency so little but of a neighborhood feel to it. and i want to thank you all for joining me this mid-day in july. i think we are probably getting the tail end of our zoom world we are doing this and i'm sure they'll that will continue one form another through the fall. i'm sorry we can't be together having this conversation but will have to be together virtually. i wrote this book first as a question and that question was how the money shape the united states. certainly not one that others haven't dealt with but i was very fascinated by rick particularly how money in the 19th century was not necessarily a unique american commodity but unique in the proliferation of money the prevalence of it. the prevalence of paper money that floods the planes and coast in the united states compared to the relative illiquidity of most parts of the world and history. most human history wealth is tied up in the liquid assets, land and p

i'm jim kelly directorpa of the center of global security analysis at this university and we are proudinar "lincolnomics" wh the partners, the museum of american finance in new york city in the society of new york it. this is part of our centennial seriesis and some 100 years of herbert's dresden education. and particularly, since we are currently offering a course in financial history, in with the museum of american finance, during this. presentation, pleae enter your questions by typing them in the q&a section near the bottom of your zoom screen. we will be addressing as many questions as possible after the presentation. and lastly, as a participant in today's webinar, you will be entered into a raffle to win a free e-book of "lincolnomics" and winners will be notified at the end of the week. and now t i would like to turn this over to david president of american plantings who will introduce our speaker. a cute. >> thank you jim and is always great to be back with you and the school her friends at cfa predict and this is the third time that i had the pleasure to introduce john in the

i am jim kelly, director of the center on global security analysis.

i am a jim kelly director of the center for global security analysis and proud to be cosponsoring thisos webinar by "lincolnomics" with our partners the museum of american finance in the cfa society of new york. purpose driven portal. it is particularly timely in conjunction with the museum of americanjuf finance. during the presentation please enter your questions by typing them in a q&a session and the bottom of the zoom screen. will be addressing as many questions as possible after the presentation. lastly as a participant in today's webinar you will be entered into a raffle to win r a free e-book of "lincolnomics". winners will be notified at the end of the week. now i would like to turn it over too david cowan president of finance who will introduce our speaker, thank you. >> thanks jim it's always great to be back with you, the cabellll eat school, our friends at the cfa. this is the third time i've had the pleasure to introduce john. the first time i introduced him he had written ten books is that that was impressive. the second time he's at the 16 an hour up to 19 books. congratu

i am a jim kelly director of the center for global security analysis and proud to be cosponsoring thisos by "lincolnomics" with our partners the museum of american finance in the cfa society of new

including tour visitors infuses interviewers from cspan freedom jim kelly director of the center of global security net analysis and support of the universityda were proud because sponsored with his webinar with "lincolnomics" in our partners, gilder lehrman institute of american history and this event is part of our centennial series celebrating 100 years of purpose driven education. this particular, since we are currently offering a course in financial history, and in conjunction with the museum of american finance and during the presentation, please enter your questions byth typing them in te q&a section near the bottom of your zoom screen and we will be addressing as many questions as possible after the presentation and lastly, as a participant in today's webinar, you will be entered into a raffle to win a free e-book of "lincolnomics" and winners willom be notified t the end of the week. now i would like to turn it over to david president of this and is our speaker. >> thank you. and this is the third of time that i've had the pleasure to introduce john buried in the first time i intr

including tour visitors infuses interviewers from cspan freedom jim kelly director of the center of globalrt of the universityda were proud because sponsored with his webinar with "lincolnomics" in our partners, gilder lehrman institute of american history and this event is part of our centennial series celebrating 100 years of purpose driven education. this particular

jim and kelly and a california, you are first with annette gordon-reed. >> at you for taking my call and professor, i've been fascinated listening to you it's been wonderful . my question is about sally hemmings and thomas jefferson . what do we know about their relationship . obviously he owned her and it's a horrible thing to say but he owned her and wasthere love their ? was there just, she was handy ? there were many women i'm sure it would have been more than happy to be his companion. i understand that he did promise his wife he would stnot remarry. but what do we know about the interpersonal as much as we can know about that. >> we don't know anything. anything specific about the nature of their connection. there are people who say they could only be rape because as you mentionedhe owned her . sally hemings's grandchildren, or great-grandchildren and i'm trying to get the precise number you're right. talked about how jefferson felt about her. he loved her. mister jefferson loved her dearly they said and they don't talk about how she felt about him.and once she comes back to th

kelly." good to have you on, jim. thanks so much for your time this morning. right? helped pave the way to the possibility of justice here. what do you make of this moment now? >> well, my reporting amplified the voices of dozens of brave young women who did the most difficult thing possible, rip out their soul and trust a fat white journalist rock critic to tell their stories. our first story at the "chicago sun-times" ran on december 21st, 2000. my partner and i covered the courts, i covered the music world. we thought his career was ended there. the fact it's gone on for three decades, 48 women having their lives ruined by this man as he sold 100 million albums as he was the most dominant force in r&b for two decades. the ramifications of that story are going to go on far beyond this trial. >> don't sell yourself short, jim. your reporting elevated the voices of those who don't have the platform that you have. it means everything as a journalist to be able to do that. look, can you tell us -- >> i keep hearing from the women i'm in touch with. they're glad

constantly talked to people like john kelly and jim mattis about my generals.ddiction of someone that is that abusive of our country, of the office of the presidency? >> i think it is really important to remember that it isn't that people who like donald or follow donald see something in him to admire that the rest of us just are blind to. it is that they admire things in him that we revile. they admire his willingness to lie so brazenly. they admire the fact that he's entirely out for himself, and they actually admire the fact that he's an incredibly weak person who has never legitimately won anything in his life but keeps succeeding. so, you know, when we look at it that way it does become a little bit more understanding, if not less scary. >> you where about something that i think some journalists have inched toward but you have clarity about his own sickness from covid. is it your sense that he was far more gravely ill than he ever let on? >> oh, absolutely. just given the list of treatments he was receiving but also given what i saw the day he returned to

kelly of the blog. scott goes, pope. a tell me about the professional. so john cutter, something that the jim grew up looking, david butler and bob mackenzie in the spring. all of a sudden my goodness i want to do that was, was always should i'm bishop to become the number one political pundits for polls. now, what is true is, shall we say i had an unusually early interest in politics and in people vote. so my 1st critical memory is to death. if you guys in 1963 on the subsequent leadership reduction. how it was one against james caught her. and that's the point in which are starting reading. newspapers took an interest in this leadership reaction. i then remember being a lot to say on my, my parents are, this is 18910 for the 964 at your program, which of course was david bought during book mackenzie. yes. indeed, i don't remember following the case. i had the following day, but i was allowed to stay up for a while and to remember to talk. so i will beginning about program. so i was watch it kind of, i certainly for dr. if i'm not fast forward, when i became a graduate student in 1976, my su

jim, young female students from american university absolutely unequivocally qualify for this most vulnerable status. we need to get them out of this country. >> young women as property of the taliban. goodness. listen, kelly and leslie, we know you have tremendous work to do here. we hope you get the help that you need. and thank you for coming on this morning. >> thank you. >> thank you, jim. >>> well, this morning a developing story. we learned that the president, the vice president harris, her travel delegation from singapore was delayed because of what they're describing as a possible anomalous health incident. natasha bertrand is here to explain what that means. this is about concerns about a potential attack on americans? >> yeah. so u.s. officials don't exactly know what the anomalous health incidents are. whether they're attacks or kind of the incidental symptoms that people are experiencing because of some kind of, you know, spying by foreign adversaries. >> this is the havana syndrome. >> right. so this is something affecting hundreds of diplomats globally for a number of years now. and their symptoms range from the worst which is things like traumatic brain injury to vertigo to nausea so someti

jim, need a name >> cvs. >> good stuff. thanks, everybody. "exchange" is now. >> thank you, scott. hi, everybody. i'm kelly evans.urprise. first consumer sentiment plunges. now, new york area manufacturing slumps is the fed about to make a major policy mistake by tapering soon? we talk to economist dave zerbos about that >>> plus, taliban takeover the u.s.-backed government collapses. how big a setback is this for the u.s. on the world stage? >>> and the $2 trillion crypto trade. we dissect bitcoin's staying power and what bulls are

jim cramer see you tomorrow the news starts right now. coming, but will americans roll up their sleeves item kelly evans in for shepard smith. better to stay ahead of it than chasing behind it. >> when the rollout begins and the questions already being asked. >>> there have been huge, huge crowds here. >> evacuation efforts ramping up in kabul will security hold at the airport long enough to get everyone out >>> there was nothing that i or anyone else saw that ipd kated a collapse of this arm

jim, need a name >> cvs. >> good stuff. thanks, everybody. "exchange" is now. >> thank you, scott. hi, everybody. i'm kelly evans. here's what's ahead this hour. another nasty data surprise. first consumer sentiment plunges. now, new york area manufacturing slumps is the fed about to make a major policy mistake by tapering soon? we talk to economist dave zerbos about that >>> plus, taliban takeover the u.s.-backed government collapses. how big a setback is this for the u.s. on the world stage? >>> and the $2 trillion crypto trade. we dissect bitcoin's staying power and what bulls are saying about ethereum now dom is back with the numbers. >> feels so good, doesn't it, kelly, to be back in our normal positions, almost like it is a little normalcy back you can see a little lighting work has been done yes, we are back in our home stations here, and which particular move for the markets overall has come off the session low. the s&p is off by one quarter of 1% the dow is about flat now, 20 points nasdaq had been the laggard, off by 1.5% and more earlier, now only three quarters of 1%. buying happening in the larger ca

jim cramer see you tomorrow the news starts right now. coming, but will americans roll up their sleeves item kelly evans in for shepard smith. this is the news on c dlnbc. >> better to stay ahead of it than chasing behind it. >> when the rollout begins and the questions already being asked. >>> there have been huge, huge crowds here. >> evacuation efforts ramping up in kabul will security hold at the airport long enough to get everyone out >>> there was nothing that i or anyone else saw that ipd kated a collapse of this army and this government in 11 days. >> new reporting on what happened in the fall of afghanistan, the taliban making deals. >>> r. kelly back in court today, the serious charges including physical abuse and the women expected to take the stand. >>> fighting fire with fire in the west the climate's financial impact on your flood insurance. >>> plus a ten-foot snake pops up at a supermarket. >> announcer: live from cnbc, the facts, the truth, the news with shepard smith >>> good evening u.s. health experts say all american adults will soon need a covid booster as new data shows vaccine protection gets weaker o

i guy named jim he says i'm putting every fast food place o notice i'm suing for being overweight, having diabetes, an having high blood pressure. kellye to remember first an foremost, this lawsuit is inrus of the woman is from russia and it's going according to russian law, so this has nothing to do with the u.s. laws as well, so we have to remember this woman during her holiday, during lent went into mcdonald's and she sought a cheeseburger and based on the cheeseburger, she was lurid to getting it, now she's not loving it so much, but ultimately the russian court will make a determination based on the russian law whether it's a viable claim or not. >> we have seen some questionable practices within the russian legal system, so wh knows very here some other part of her statement, she says in the actions of mcdonald's i see a violation of the consumer protection law i asked the cour to investigate is a violation has taken to oblige them to compensate me for moral damage which for $1,000 for 1,000 rubles. how many dollars? that's $14. >> it's not a lot of money coming even by russian standards , but the reality is that at some point w

jim, a restaurant or a big event. this move comes during a surge of cases and hospitalizations and kron four's. maureen kelly is going to take a look at how it works. starting august. 20 of people will be required to show proof they are fully vaccinated before going inside. >> what the city is calling high contact indoor businesses such as places that serve food and beverages where people to take their masks off to eat and drink bars restaurants. theaters and entertainment venues as well as indoor gyms and fitness centers. also large indoor event of a 1000 people or more and proof of a negative test result is not going to cut it. this new mandate only applies to those currently eligible for the vaccine. so kids under 12 will still be able to go inside a restaurant. the mayor says this is an effort to combat a new surge in cases driven by the delta variant is to protect the workers is to protect kids. it's protect those who can't get vaccinated is to make sure that we don't go backwards is to make sure. i never have to get up in front of you and say. >> i'm sorry. i know we just reopen and now the city is clo

jim, i'm with you 1000% hindenburg be damned. thank you. >> thanks, charles. charles: i want to bring in advisor group's phil blancato and hennessey funds ray kelly.l, you can cut the angst sight with a knife. how does our audience keep cool when the market looks vulnerable? you have the big down days. you start to add things like images coming out of afghanistan. >> investing 101. take your emotions out of it. afghanistan is a terrible situation, humanitarian issue. but economically to jim's point we're in really pretty good shape here. you look at the amount of money we have flush with the consumer at the corporate level. you will see the greatest earnings growth since 2008. no reason to exit the market here. don't let the noise of other things not economic related impact your ability to be focused on the fact that the market is holding on here, earnings are up canning up to price -- catching up to prices and for that reason i think we head up higher. >> ryan, we're at all-time highs. we had a heck of a run. anxiety to to degree is natural. when does it become a self-fulfilling prophecy? enough people become so concerned they make it happen? >>

kelly when little john comes into the world here in about a month. cnn's coverage continues right now. >>> good morning, everyone. i'm poppy harlow. and >> and i'm jim sciutto. the biden administration said they are close to recommending most americans should get a covid-19 booster shot eight months, that's the time frame, after becoming fully vaccinated. this would be a major expansion broadening the pool of people encouraged to get an additional dose far beyond those who are recommended now, those are people with compromised immune systems. but there are immediate questions and concerns. the world health organization telling cnn this morning it is critical that everyone around the world get their first and second doses before booster shots are recommended for the fully vaccinated. >> and that's key. also this. after a day of chaos and desperation across afghanistan, pentagon press secretary john kirby tells cnn this morning the united states will do everything it can in the coming weeks to help afghans who worked with the u.s. to safely leave the country. listen. >> after we've done the force flow in, all the troops are in, and then we can just ke

kelly when little john comes into the world here in about a month. cnn's coverage continues right now. >>> good morning, everyone. i'm poppy harlow. and >> and i'm jimhey are close to recommending most americans should get a covid-19 booster shot eight months, that's the time frame, after becoming fully vaccinated. this would be a major expansion

less than three weeks ago gary kelly was here and he said they had seen no impact from covid-19 we were starting to see the acceleration of delta variant and i believe it was jimg any impact? no, not at this point we're not. in less than three weeks they're noticing a real change in the attitude of american travelers when it comes to trips southwest is primarily leisure sure, there is some business travel but the vast majority is re leisure travel people are saying i'm not comfortable with the covid situation so i'm either, a, not going to take the trip that i probably would have booked or, b, i'm going to cancel what i planned ontaking this month in august or maybe early september. we shouldn't be surprised that we're seeing this from at least one of the airlines. as you've noticed a number of events, i know bob pisani was talking to people who were planning to go to the new orleans jazz festival and it was canceled i thought to myself, here we go. it's this type of event that people were booking and planning on attending and now they're saying, no if it's not happening, i'm not going or if there is a surge of cases and we know it's going on in florida, how m

kelly. >> thanks for having me. >> time now for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer david faber is back. the bounce continues futures are green, the market looking for more signals that maybe the delta variant is peaking out in the south and that risk is to the doviish side this weekend at jackson hole the fed's annual symposium is going virtual as the fda prepares to give pfizer's vaccine full approval. >>> and a judge ruling that the so-called gig worker law approved by california voters is unconstitutional uber, lyft and doordash are all down in the premarket. >>> and robinhood is moving higher several firms initiate coverage today. we will get to all of them >>> first up, though, jackson hole of course as you know by now is going virtual, one more casualty of the resurgence in covid and the delta variant. a lot of notes out this morning, jim, suggesting that powell is not going to say anything market moving >> i don't know how he can we've got this major public health issue every time we think that we've got covid under control, covid surprises us so if yo

kelly. >> thanks for having me. >> time now for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." i'm carl quintanilla with jimtures are green, the market looking for more signals that maybe the delta variant is peaking out in the south and that risk is to the doviish side this weekend at jackson hole the fed's annual symposium is going virtual as the fda prepares to give