kudlow speaking early one of the comments he made, delisting chinese economy not on the table. a bit lart on, this moved the market more importantly here chinese is ready to do a deal on the parts of the negotiations both sides agree upon. this is part of that 80% deal that we have been talking about for many months. not only did u.s. stocks move, chinese stocks move to predictably u.s. cyclical groups moved into positive territory. serks mis were negative, materials, industrials, banks. yields moved up. this 80% deal we keep talk about, what's it look like probably wouldn't be much in the way of industrial reform which the trump administration has been pushing for there probably would be some commitment to intellectual property the big question is what's the tariff situation will there be more or less will it be rolled back that's the x factor. that will influence how the market reacting overall to the negotiations back to you. >> bob, thank you very much. for more now on those comments from economic adviser larry kudlow that help boost the markets, let's check in with eamon a

we have larry kudlow coming up.im about, including those latest jobs numbers, and you don't want to miss that. we'll be right back. each day a little sweeter. adp simplifies hr, benefits, and payroll for magnolia bakery, so employees like sarah can achieve what they're working for. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ stuart: all right. let's run through the day so far. we'll start with the jobs report. literally at 8:30 this morning, that's one hour and 24 minutes ago, we had the report that there were 136,000 new jobs created last month. more importantly, perhaps, the rate on the unemployment rate itself, it went all the way down to 3.5%. that's a 50-year low and the president tweeted about that, saying it's a 50-year low for the un eemployment rate. as for the market, responded very nicely, on the expectation that the federal reserve is indeed going to lower rates this month and probably again in december. and that the economy is not sliding into recession. maybe that was the feeling on the market because we're up 150 points. we put

kudlow it's great to have you on this morning. know if you were ever what i would refer to as a globalist. but at this point, do we have a domestic economy that can continue to outperform -- and we have for years, admittedly, but it seems more important and more true now than maybe in the past that we really need to look at what's happening specifically in our country more than being bogged down by a global slowdown is it more true now than before, do you think >> i think you're asking me is the domestic economy strong enough to withhold the global downturn, joe. >> yes. >> yes well, the answer is yes. and i'll backyes i'll back that up in the -- but i'm not a purist on this, you know, international trade is very substantial so, we've had some head winds, particularly in the past year. the economy is a little softer in the second and third quarters a lot of that comes out of europe by the way, a lot of the european slow down is centered in germany we can't send, we can't export our manufacturing goods, because germany is doing so

now, that's larry kudlow's view on this.rs that are pushing back a little bit. but i can tell you it's a very interesting standpoint to say the chinese are willing to come to the table and work on sections that might not be as sticky as other areas, get that done and out of the way and now for the white house, or at least someone in the white house or connected to it saying they may consider that. it's very interesting. neil: edward, thank you very, very much. let's bring in our panel on all this. political science professor jeanne zano, paul dietrick and david dietze. david, if we are showing flexibility on a trade deal maybe for sort of a partial deal i get that's the possible vernacular, how do you think the street takes that? >> i think the street takes it very positively because anything that can somehow either push back and delay tariffs or reduce what we've got is obviously a big boost to the bottom line, and that's what wall street cares about. neil: money, money, money. money, money, money. jeanne, what do you think

larry kudlow was my partner on "kudlow & cramer" which means i'm not exactly a neutral observer he isriend but man, if you ever watched "kudlow & cramer," you know we disagreed all the time that was sort of the premise of the show. it's not like i've been accepting everything he said uncritically since the trade war got going. sometimes i think he is mistaken, and i never hesitate to say so this morning he made two points, important points we haven't seen anything positive coming out of china since the trade talks. told us not to give up on a deal larry said, and i quote, people shouldn't be so pessimistic on china. some good things could happen, end quote. he predicted that not only would china start buying agricultural products like they promised, they'll also change their policy on forcing american businesses into joint ventures in exchange for act says to their gigantic market historically, here's what's happened the chinese government has only let our companies own 49% of these joint ventures their homegrown partner got the majority stake according to larry, that's about to chang

we just talked to kudlow about china.hat will happen i guess the question is, are you seeing uncertainties resolve on large questions, even at the margin, and the implications, you think, that might have specifically for rates >> sure. well, listen, there's lots of uncertainties. and you just highlighted a couple and anytime any one of these get resolved, it's generally considered a positive for the market clearly the brexit news today is good news. hopefully that will get approved and get done but there are still a lot of uncertainties around china trade. that seems to be the one that investors are most focused on. clearly, some sort of positive outlook or resolution of that in the near-term would be a positive and i think if you listen to the fed chairman, that will have an impact on how they think about rates. the u.s. economy is still healthy. labor market is strong, wages are growing. and he's talked about global developments impacting their view on rates. so if we can resolve some of these issues, presumably that wi

larry kudlow, national economic council director, addressed the numbers mom's ago. mr. kudla -- the numbers mom is ago. soft twow: we had a quarters, but i think we are moving into a much stronger economic story. vonnie: if we look at the individual metrics, some of them were quite good. some of them not so much. but can we tell from this jobs report about the state of the u.s. economy right now, given the other data we seen this week? carl: i agree with larry kudlow's assessment that we are in a turning zone, but we are turning the other direction. if we look at this report, the bad news is the economy is definitely slowing to a sub 2% growth rate in the. back half of this year we are seeing that -- growth rate in the back half of this year. we are seeing that in the ism surveys, the pace of job creation. we are definitely slowing in the back half of the year. the silver lining was even though it is below the consensus estimate, we see ella to containment of the potential contagion from manufacturing recession into the broader economy, so if we look at the goods sector

now, kudlow, the white house economic adviser larry kudlow says they are talking internally at the whitese about how they can deal with some of those transparency issues but at this point, he says off the table, is de-listing any chinese companies there. liz: i'm looking at tencent and alibaba, both are down at the moment. not too much, 1% or so. important to note our markets are in the red. the nasdaq is lower by 13, the s&p down 8. i found it interesting, edward, that this morning it was we believe and by the way, we are waiting on the president, you can see that the officials are standing at the moment to sign this u.s./japan trade deal, but this morning it was oh, markets are turning around on optimism about trade, then later when we went negative, it was concern and uncertainty about trade. reporter: you know, there is that uncertainty, liz. that's what we are having to deal with. you've got both sides saying they are willing to do something, but then both sides saying they are not going to get something so the chinese, you know, this isn't going to be in a vacuum, it's not going to

larry kudlow speaking on foxbusiness earlier, saying with regard to china trade talks, there could be the potential for the tariffs in december to be lifted, provided the talks continue to go well. on the u.s.-china trade front, things continue to go well. then you have the situation with doral. he was going to host the g7 at the golf course, and then he backed off of that, and in a series of tweets the president is saying camp david is under consideration. facing criticism not just from democrats but also from republicans and decided to change his mind. david: let's talk about syria and turkey. we have headlines the president is meeting with the cabinet and mentioned he would like to vote on usmca but says a lot of it was about syria and things have been going well. kevin: there have been conflicting reports about accepted they has terms of the cease-fire negotiated last week. the president faced intense criticisms, not just from democrats but republicans, including mitch mcconnell and lindsey graham, both of whom were more praiseworthy with regard to the cease-fire. the president no

larry kudlow was on earlier on talking to jonathan ferro.onathan asked him about whether or not it was china responsible for the manufacturing slow down that we are seeing. far the biggest problem we have regarding manufacturing and manufacturing exports is europe. that may be numerically probably true, but isn't europe just an extension of the trade story? isn't europe just a victim? erik: he is completely wrong. the story, as far as i can judge his we are in a long drag of slower manufacturing, and a lot of that has to do with china. china cannot keep growing at 6% or whatever they grew. they are coming down, and what we have seen for over a year's global trade coming down to growth rates no more than 1.5 or 2%, which is recessionary. then, all of the innocent bystanders, europe in particular, germany are being caught between this mess between the u.s. and china and tariffs and uncertainties. investments start to drop and when investment drops, trade drops. europe's problem is germany has been way too exposed to asia and traded manufacturi

is right yesterday, which, people bash me on twitter, kudlow, how could i agree with kudlow kudlow wass saying this lighthizer is -- a lot of people think in the navarro camp, david. >> he is >> well, he's in no camp maybe >> how about this journal piece that kudlow arranged a meeting in the oval, with outside experts, who warned the president that escalating china trade war could imperil the economy and hurt his chances for re-election. the president's response was where is peter >> steven moore and larry lindsey discussed it, at kudlow's urging and this is all journal reporting. and he was just blaming powell. >> seven deadly sins that peter navarro has outlined are where the president lives okay by the way, if they don't approve the nvidia/mellanox deal soon -- >> let me stop you on that i don't know about that nvidia/mellanox deal everything i hear is that thing is just going to be stuck in no-man's-land. >> jens en huang, the man who created artificial intelligence, able to be actual speech recognition of truth has told me, no, go to whatever, i don't mean it literally. >> of cour

larry kudlow on the north lawn.he chinese, capitol hill is calling out the nba accusing the league of kowtowing to china. the single tweet that sparked the controversy. that's coming up. every american wants their dollars to work as hard as they do. however, since 2000, the buying power of the dollar has dropped by over 31% - that means the dollar is only worth about 68¢ now compared to 2000. had you owned gold, your value would have increased over 400% and owning gold is easy... with rosland capital - a trusted leader in helping people acquire precious metals. gold bullion, lady liberty gold and silver proofs, and our premium coins, can help you preserve your wealth. call rosland capital at 800-630-8900 to receive your free rosland guide to gold, gold & precious metals ira and silver brochures. with rosland, there are no hassles, no gimmicks, and we have the fastest shipping around. dollar down. gold up. pretty clear. make gold your new standard. call rosland capital today at 800-630-8900. 800-630-8900. that's 800-

i believe kudlow over the chinese. i think larry kudlow represents america.ling the truth. and larry, who, yes, is an old friend, what, am i supposed to lie? he got it right. it is interesting we believe, oh, the chaeinese, now we know. >> the scarcity theory they commented -- >> the chinese numbers have been the -- by the way, everyone says they got that thousand year plan they're about to go from 60% to 5% it does feel like when i talk to a lot of companies, it is the weakest part of their book all i can say is it seems to make a lot of sense. they're buying brazilian soybeans hand over fist. it would make sense to throw a couple of buys our way or at least make an approval of say nvidia, mellanox, but the chinese, they are big talkers. they have big hat, i'm waiting. >> kudlow did say there is a chance the december 15 tariffs could come off that's a big if. but goldman with comments over the weekend saying even if they don't come off, as long as we don't see any additional tariffs, they do not think the trade war results in a recession. >> the president re

white house national economic director larry kudlow sounded very optimistic about the economy. here is what he told stuart varney earlier. >> looking at the data, but the coincident and forward-looking indicators, i believe there is no recession in sight. we could be in attorney zone back to the 3% growth, again i come back to the household numbers and then appointment numbers. you can look at this much more positively. >> neo- komodo, what are the chances of getting back to the 3% economic growth? >> i think we can get back there, not anytime soon if you think of the state of the world, we have to really hope that the rest of the world by their stuff and keeps going and back and forth. to get back to those levels. it's not out of the question but i've been given the ongoing concern about trade and manufacturing sector and what happened on services. even though most of the data that you have reported is outstanding, it's not ou as outstanding as it slows down. so to get back to that number, it's going to be tough. >> you look at the headline number, three and half percent. that

stocks came back a little bit after that kudlow statement. time saying that millenials, they used to say millenials are not interested in buying real estate, they haven't got the down payment and are loaded down with debt. now we hear millenials are moving out of big cities precisely because they want to buy a home in some place where they can afford the house and send their kids to a good school. market watcher david nicholas is with us today. are you saying that it's now a good idea for those millenials in their 30s to get out there and buy something? it's a solid investment? that what you're saying? >> i do. you know, the title of hysturbia sounds like a new netflix program. after world war ii, americans were coming home from the war, starting families, there was a huge growth of suburbs out of the city. we saw a shift towards millenials going into the city but that's changing. so what we're seeing is millenials, it's defined by one word, walkability. they want to be able to get out of their house on saturday morning or on taco tuesday nig

plus bullish comments from larry kudlow on the trade talks. he says no recession. we have the economic update that you need on what you can expect about recession in the forecast for growth and peace in 2020. also the update on the impeachment play. house democrats now requesting documents from the impeachment inquiry from vice president michael pence. now for the impeachment push, the washington post slamming adam schiff giving him pinocchio for falsehood. and he is last for being a biased arbiter not being neutral. they say he used his heads up with a whistleblower information ahead of time before it became public to fire off tweets in the impeachment push. also, we have the progressive democrats who claim democrats were actually looking to arrest trump officials. also we take into the border, the supreme court will now hear the president bid for a law against encouraging illegal immigration. another 2020 democrat saying yes, you taxpayer should cover it and pay for the healthcare cost of illegal aliens. take you for joining us. i'm elizabeth macdonald. "the even

here is what's ahead white house adviser larry kudlow says it's possible progress can be made this week on u.s./china trade talks. markets trading higher on such hopes. with china reportedly playing hardball and lashing out against the nba is the deal really in sight? we will ask. plus, general malaise, ge says it will freeze pension plans for thousands. we'll look at what changes still need to come for these iconic american companies >> and wall street shares one of the worst ipos of the year and roku rolls out more advertising. that's all ahead in rapid fire today. we begin with the markets. >>> 1:00 p.m., here is where we stand right now. we are drifting higher coming off the lows of the session. take a look at the nasdaq. due in part to a big move in shares of apple now up 1%. so getticlose to hitting -- getting back to its record high. the dow currently down about six points but, again, off the lows of the session, due in part to the rebound we are seeing and energy stocks today oil back in positive territory for the first time in eight straight trading sessions you can see the big

and in or in an interview earlier today with bloomberg t.v. a white house economic adviser larry kudlow said there could be positive surprises coming out of these talks i'm not predicting i'm just saying don't rule that out there could be some positive surprises so this is really really a critical time and very important as we reach president reelection campaign and even if a partial deal is made i'm sure the united states and china will consider it some sort of a win and the slow comes as we may be looking at another possible trade war between the u.s. and europe this time what came out this week well the just announced the retaliatory tariffs that the u.s. will be allowed. take on $7500000000.00 worth of european goods and this is after 15 years of litigation and between airbus and boeing out of the united states trunk call this a big win even though it's been 15 years in the making that it happened during his presidency this was over billions of dollars of illegal subsidies that were taking from both sides of the u.s. call this a big win and your patter response take a listen to what

in fact, listen to what larry kudlow said about this passage and nancy pelosi's cooperation this morpg >> speaker pelosiy has been accommodative and accessible and helpful. regarding u.s. mca i think speaker on that subject, even while she disagrees on others, i think she's been help l. >> he's saying this this mevenfc showdown is this true there's still abip which now even richard trumka on the labor side is coming out against? this is going to be a tough one any way r for her to support >> yeah i think the big e risk probably to the market and to pelosi is the idea that trump might call her bluff if she takes too long and threaten to pull out of nafta. and leave the united states with no north american free trade agreement. that's why the market cares deeply because a lot of folks believe it's like lipstick on a pig. similar version of nafta and so that's fine. no one needed a huge change to and a hanafta and great, whatev they're going to do, but the idea that free trade with canada and mexico could go away has a lot of people freaked out. the reason why democrats care is it's much

larry kudlow called it a study group had been set up to look at major escalations really beyond tariffs. i think that that may have scared the chinese they were going to get into a serious trade war are with access to our capital markets being cut off and among other things some of their best national champions being placed on our entity list, our black list. these are very scary options, obviously that is off on the table now in the sense that it is not -- there has been so much substantial progress on friday, there is no need to think about escalation is options at this time >> that is a different way of framing it than a lot of what the discussion today revolves around which seems to be that the u.s. has not gotten much out of this deal, that it is kind of an empty gesture even markets are shrugging it off, trying to figure out how much hinges on these additional talks that the chinese are demanding. what is the substance of those additional talks likely to be and are we all -- is this setting us up toward a signed agreement between the two presidents at the apec summit in mid novemb

we pared that initially after economic advisor larry kudlow made these optimistic comment.atch. >> we're opening to a number of ideas. some pay be short term, some may be long term. it is essential that the structural issues we talked about for two years since i've been around, the ip theft, forced transfers of technology, the cyberspace hacking, espionage, trade tariffs, non-tariff barriers, that stuff has got to get solved. we'll see what they put on the table and anything is possible. charles: let's let's go to edwad lawrence some exclusive new details from the white house. edward, your tweet moved this market. reporter: no i don't know about that but there is favorable goodwill felt in the atmosphere right now. right now the deputy level delegations went back into a meeting. they broke for lunch. they went 30 minutes ago to talk back and forth. i can tell you that the chinese commerce ministry told us china is red to come to the table and talk about and finish, conclude those areas that both sides agree on and then work out a timetable for some of the tougher, more diff

some of this is kudlow tongue in cheek.f ubs america's robert wolf had many a meeting and negotiation with the federal reserve or deep state, as larry kudlow has said, in a previous interview, then you know, blake burman started to hammer him saying wait a minute, wait, what, the fed is now deep state, is the fed deep state? >> no. there's a lot of ways to unpack what larry said. he's a good guy and i think he was being a little tongue in cheek, one. it works with the trump narrative to hit the fed because they are a great insurance policy to an economy that's slowing. more importantly, larry's a trickle down economics guy and that doesn't work anymore. it hasn't worked in years. i think that the numbers don't show that trickle down's working. because larry and steve moore and laffer and all them, who i like all, but let's be clear, they said we would see 5% to 6% growth with the tax cut, that we would have actually fiscal responsibility and fiscal deficit has ballooned to north of a trillion. liz: where's the credibility t

what is kudlow doing?> he has been a friend of ours in tv commentator for long-ter, cannot go by the cameras without having something to say. this president speaks for himself. whatever the president's words are or policies that's what the policy is. >> that would be one part, but larry is talking in terms of antithetical to the president and absolutely ignoring the fact that this president needs to demonstrate with china and the world in the world in desperate need of trade. >> larry never believed all the things the president talked about before he went in. and he has the best policy right now to keep your mouth shut and let the president make his own announcements in time in the treasury secretary in the trade representative let them make the deal and if the person wants to he will sign off on it. >> i know he does not mean to but it is his words that are making the president appear weak in accepting a short-term, long-term deal, it does not matter to us et cetera. and after hard work of robert lighthiz

speaking of trade shall don't miss top white house economic advisor, larry kudlow this morning. 8:30 a.m. eastern time stay tuned we are a 97-year-old firm built for right now. edward jones. it's time for investing to feel individual. whether your beauty routine is 3or 57,... make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. >> welcome back. the uk and the eu say 245i6 agreed on a brexit deal. boris johnson calls it a great new deal that takes back control. johnson says parliament should get the brexit deal done by saturday the pound is rising on the heels of that. 1.2930 is what it will take to buy a pound. u.s. equities are moving to the upside we've been relatively flat now the dow jones is opening up by about 99 points the s&p would be up by about 14 points and the nasdaq up as well showing you when those headlines happened as you can see there, a sharp move higher off of kind of these flat levels throughout the course of the morn

almost everybody else, larry kudlow wants $16 billion. the farmers want a level playing field the way the game should be played. we're almost close to that. meantime no other president would get $16 billion and $12 billion to the american farmer and rancher. >> thank you. >> your work. >> it was all of us everybody standing up here frankly. under the terms of the agreement today japan is committed to dramatically increase market access to american food and cultural exports. it is a dramatic number. one of the largest trade deal. 126 million japan consumers will have access to american almonds, blueberries, corn, wine, poultry, egg products, beef, pork, wheat and so much more. anything else you folks can think of? do you want to shout it out, anything, steve? >> beef. >> anybody? beef. did i not say that? ethanol. let me think about that one. once this agreement enters into force the japanese tariffs will be completely eliminated so japan will not be charging us as they have for many, many years. and that's, we appreciate it. substantially

the ubiquitous larry kudlow and steve mnuchin.hat lead touts middle of moved when president trump meets xi jinping in chile at the -- at the apec. at that time if they don't have a deal, discussions would have been right. they will have a meeting with lighthizer and others in beijing. it could happen but i don't think it actually will, though. lou: we are watching steve schwarzman and others on wall street. they are operating as unregistered agents of china. they are pressuring the white house and the president as best they can. they have kudlow and mnuchin operating as internal catalysts for their views and values. as well as of course myron brilliant over at the chamber of commerce. this is a corporatist sellout by any name for china against the interests of the united states. >> on the other side we have lou dobbs and most of of the american people of both political parties. because everyone knows china is a bad actor, they always renege on their deals and we can't trust them. but i am worried about wall street, chambers of con

there is the ubiquitous and constant ambulance of larry kudlow and steve mnuchin.here does that lead us? >> it leads us to the middle of november when president trump met xi jinping the chinese really are at the asia cooperation summit and at that point if they don't have a deal the skeptics will have been right. they are or are going discussions between now and then between lighthizer in the u.s. trade representative in the people in beijing. a maple philby everton -- but they'll be able to make a deal. lou: we are watching steve schwartzman and the boys on wall street. they are operating as unregistered agents of china. they are reportedly inundating the white house pressuring the white house or the president as best they can. they have got kudlow and mnuchin operating as internal what would you say cat plus in their views and values as well as the genius over at theou chamber of commere and all the folks they represent this is a corporatist sellout by any name for china against the interest of the united states. >> on the other side lou we have got lou dobbs and

larry kudlow, national economic council director, spoke to bloomberg friday.in hong kong could actually affect trade talks. to kudlow: we continue monitor the hong kong freedom and democracy movement, which the u.s. supports very strongly. that could impinge on those talks. alix: joining us now, stefan selig. ofserved as undersecretary international trade for the department of commerce under president obama. who has the upper hand? stefan: the president has often said trade wars are easy to win. we are well-positioned to do that because the size and strength of our economy. in part, that is true, but there are also real costs to our economy. the chinese have real cards in their hands. presidency doesn't have a reelection -- president xi doesn't have a reelection coming up. he essentially controls the media. any copulation has a level of patience as the u.s. continues to face pressures around the tariffs. i think both sides have an interesting set of cards in their hands. ed: you say easy to win, but what does winning look like here? stefan: it depends. the adm

kudlow said that inflation is 1.4%, and believes that indicator in housing market point to a boom for first part of next year. president trump talking turkey defending his actions in removing troops from the northern syria border, he does not want u.s. soldiers in middle of kurds and turkish fighting each other. >> where is there an agreement that say zeese to stay in the middle east for the lef the resf civilization, therefore said that, we have protect them, we have taken very good care of them, i hope they will watch over isis. reporter: president trump talking about the usmca, he believes the votes there are if house speaker nancy pelosi will school schedule a vote. >> pelosi, shifty schiff, schumer, these people are trying to destroy the country, it is a very bad thing what they are doing. the president of the united states should be allowed to run the country, not have to focus on this kind of crap, while at the same time,y doing a great job on syria, turkey and all other things we're doing. reporter: president defiant in his only public apeent appearann his schedule today. eliz

what is kudlow doing? >> he's a friend of ours. he can't go by the cameras without having something to say. what he ought to know is the president speaks for himself. lou: larry is talking in terms antithetical to the president and absolutely ignoring the fact that this president means to balance trade not only with china, but with the world. and it's a world in desperate need of trade. >> i think to a certain extent the best policy is to keep your mouth shut and let the president make his own pronouncements in time. let them make the deal. if the president wants the deal, he will sign off on it. lou: it is his word that are making the president appear weak in accepting a short-term, a long-term deal. it doesn't matter to us, et cetera, et cetera. after hard work, robert lighthizer, this is just -- >> the feeling is, it's been a long drawn out battle, but the president in the end will get what he need for this country. and he doesn't need any sniping from the side. that part of the problem with a lot of people in this administratio

the hope of trade talks that larry kudlow talked about. larry likes to talk about the talks, because that's how you get things going you sit in a room, you don't get the talks going by saying there are a list of 28 chinese organi organization on an empty list. they were added. but this is the most important story out there. unless you want me to talk -- you want me to talk about domino's pizza >> we're going to get to domino's, actually. >> how sharp that suit looks on carl. >> david, you continue to -- to try to get away from the core issues >> we will get cramer's mad dash >> nba diplomacy is the most important. i wish we had strauss -- nba2k >> we'll get the opening bell, obviously. domino's, down in the premarket on a miss. and some disappointing comps inflation soft we'll talk about the turkish lira, who knows. futures are down back in a minute ♪ [phone ringing] how are we doing? fabulous. ♪ i wonder how the firm's doing without its fearless leader. ♪ you sure you want to leave that all behind? yeah. stay restless, with the icon that

it is antithetical i know larry kudlow preached low capital gains.hey're in charge, david low capital gains people are in charge now >> when we come back, we'll get cramer's mad dash. a lot to get to this week as we count down to the opening bell ge and additional calls on e-trade, nvidia, carnival, nds d re don't go away. edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. ♪ that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced securit

larry kudlow is here on trade and usmca.ted on by today which is the elections in canada. it's not. former world bank president, former u.s. deputy secretary of defense, paul wolf witwitz join. devin nunes will talk about the impeachment inquiry as well as his lawsuit against twitter. first, getting brexit done, boris johnsons is fighting to get the deal across the finish line. wilbur ross on u.s.-china trade an the future of usmca, right after this. ♪ you make me feel like. ♪ i've been locked out of heaven. ♪ for too long. ♪ for too long. sir, you're a broker. what do you charge for online equity trades? um ah, i'll look into it. lisa jones! hey carl, what are you charging me for online equity trades? laughs/umm.. and do i get my fees back if i'm not happy? like a satisfaction guarantee? ugh. schwab! oh right, i'm calling schwab. thanks carl! wait, lisa! lisa... are you getting commission free trades and a satisfaction guarantee? if not, talk to schwab. a modern approach to wealth management. when you look at the world, ♪ w

we talked to larry kudlow. he said it is going to get better. this is what he said. >> i think the economy is in a turning zone and i think we have had a soft two quarters, but i think now we will be moving into a much stronger economic story. david: that is happy to hear. is there every -- is there any evidence of that? carl: i think we are turning, but i think we may be looking for a tougher slog over the next couple of quarters. we have been conditioned to two plus percent gdp growth. what we will see in q3 and q4 is a lot of engines of economic growth shutting down, with the exception of consumers. with consumers muddling through the pace of spending that would be consistent with what we are seeing on the income side of their balance sheet, that tells us the economy is going to be growing at less than 2% growth in q3 and q4. that will feel a lot weaker, and an array of economic indicators, we saw hints of that in the eyes them surveys, we sought showing up in the payroll slow down, you can see it another economic data. david: one of the key

we get any of these trade deals that are being floated, including the ones that my old pal larry kudlow, who is now the chief economic adviser to the president, said is going to happen, maybe as soon as before thanksgiving then there's thermo fisher i want you to look no further than the bioscience equipment maker that is thermo fish f. they've got hardly any economic sensitivity. mr. casper, come back, will you? come on. after the close, we hear from microsoft. unfortunately, this stock has become such a market dar liling that it needs a smashing quarter and gaming and linkedin and az y -- azura and i think microsoft is going to do just that anyway, pay pal reports, too last quarter we got a shade down in the earnings. it hit the stock could happen again but you've made money. i say wait and see there used to be nothing more psychedelic than a tesla conference call. i used to play the doors "the end", actually play it while i listened to the call but these days they can't talk about the company's prospects the way they used to the stocks, without the elon musk that we miss so much maki

larry kudlow wants $16 billion. the farmer does not want it. they want to play the game the way it should be played. i think we're probably pretty close to doing that, too. no other president would get $16 billion and $12 billion for the american farmer or rancher, that i can tell you. so, maybe it is your great work, i don't know. it was all of us, everybody standing up here, frankly. under the terms of the agreement today, japan is committed to dramatically increased market access to american food and agricultural exports. iut't's a very dramatic number. it is one of the larger trade deal signed it as a result 126 million japanese consumers will have greater access to high-quality american almonds, wine, poultry and egg products, and so muchwheat more. anything else you folks can think of? do you want to shout it out? steve? >> beef. president trump: did i not say t hat? ethanol. let me think about that one. once this agreement enters into force, japanese tariffs will be completely eliminated so that japan will not be judging us as have -- ch

connell: larry kudlow sounding optimistic on the usmca and whether it passes.ion is not a done deal by any means. white house blaming congress on slow walk the deal. it hasn't officially sent it over to the congress yet. to figure out what is going on the state of play, fox news senior capitol hill producer chad pergram. kudlow makes a speech. he says it could pass. what is really going on here? has it slowed down? where are we? >> until last things were kind of cooking along and i started to hear from various sources they hit a roadblock, that things were starting to back slide. i talked to a couple sources i will read the quote, i'm not sure how much the administration wants to pass the usmca. there are not the votes to pass this in the house right now. they were thinking after the two-week recess from mid-september to early october, come back to session and get this locked in form and start 30-45 day clock to get it on the house florida to pass it. because that has not happened yet, it is not frozen. people don't know where it is going. you heard chatter abo

i agree with you in the sense i used to debate larry kudlow of "kudlow and cramer." i said let's keep capital gains so that we encourage companies to do this long-term thinking. i had david farr on. i know emerson is under attack but he's a dividend aristocrat and to me that means you have a company that is solid, that people can be in i think individual investors have been driven off because they don't understand the point of the mark. they thought it was dividend you can say they're unsophisticated. if elizabeth warren comes in, i hope she keeps a dividend tax low so you feel it is worth taking a dividend check. >> you can't both be true so she hates amazon because they're getting into these industries and outinvested everyone else. okay, so you don't like that amazon does no buybacks. that's one model of what to do with excess capital. if you don't like that, what do you like better? do you like dividends? okay let's not have a tax rate that confiscates money that has been taxed at the corporate level your example, emerson earns money, they get taxed, they pass it

charles: i want to let the audience, by the way you referenced larry kudlow. want to share with them what he had to say so you could hear what he had to say as well. >> president agreed to suspend -- >> october tariffs. >> october 15th tariffs. i want to get my tariff dates right but i like what they're saying on the other side. my hunch is, this is up to the president ultimately if talks go well on phase one there is a chance we get those december tariffs off. charles: lindsey, are you surprised though that the tone is really made a 180-degree change, particularly from china's side, leading up into the 70th anniversary of communism? i expected more sabre-rattling. instead we saw them buying soybeans. really a different tone. feels like the tone now is, sets it up for maybe a move us in the right direction? >> well i do think the data is having a very impact full presence in terms of driving the chinese to make a decision. we have seen chinese growth slow noticeably. this is the weakest pace of expansion for the chinese economy in decades. we've seen the key m

now we're getting comments on the dollar and the number from kudlow, from navorro, from the president with the lowest unemployment rate in 50 years, strong jobs number. >> plus the future of tobacco. altria is out with its newest device. >>> and more cut, ahead for wework the question from here, where does the company go. >> let's get to the job numbers. big story today. steve leishman joins us having had more than 60 seconds to look at the internals >> i don't need 60 seconds, carl, you know that. no look we're getting in a big debate about what has caused this job market to slow definitely coming in below expectations definitely coming down from the north of 200,000 average last month. the reason is why, and i'll get to that in a second, let's go through the data, 136,000. we're looking for 145,000. the revisions were upward, but a lot of that was to government. private sector in some of those months was revised down. hourly wages disappointing, actually, although they were up pretty strong last month, now running 2.9% year over year. unemployment ticking down, a big decline in the

something larry kudlow caught my attention. that federal reserve is part of the deep state.you have thoughts on that? >> i think he is absolutely right. as the libertarian in the room, first to guess i'm the one going to be against the fed here. it is funding the more wasteful, dark parts of our federal government a long time. done very little. coming talking about my generation, younger people, it helped undermine their trust in capitalism when they saw the 2018 -- 2008 recession come, they blamed on wealthy. the fed was manipulating rates and creating a huge bubble that had so much hurt from that. charles: jillian, real quick. >> this fed sun accountable. we've seen recession and dodd-frank a lot of regulatory power. charles: got bigger. more power and oversight. you could argue they didn't use the power they had the first time. >> not behaving as an independent fed. seeing pressure from the left and right to be political. it is dangerous with an entity with so much power, politicization, and no accountable. charles: we need to take power from it. emma, jillian, thank you.

here is what's ahead white house adviser larry kudlow says it's possible progress can be made this weekrade talks. markets trading higher on such hopes. with china reportedly playing hardball and lashing out against the nba is the deal really in sight? we will ask. plus, general malaise, ge says it will freeze pension plans for thousands. we'll look at what changes still need to come for these iconic american companies >> and wall street shares one of the worst ipos of the year and roku rolls out more advertising. that's all ahead in rapi

larry kudlow says the u.s. is open-minded. the tariffs, the ownership, the forced transfer of technology, the ip theft, the cyber hacking, all of that will be on the table, and china has been buying commodities. that's a goodwill gesture. we keep an open mind. i don't want to forecast. i'm just saying this is a good thing we are going into these negotiations. lori heinel is global deputy cio at -- here we go. sounds like the chinese might have the americans on the ropes, or slightly on the run. your take on the latest salvo? thank you for having me. there has been a cat and mouse game going on. .ou will have an -- olive branch. i don't think this is difficult -- different than the rhetoric is the had manus: bastion for you long american equities come along the dollar rather than the rest of the world the alcove we are hunkering down for a longer-term -- lori: the u.s. economy is doing well relative to the rest of the world. that is reflected in capital flows being interested in u.s. assets. , anything that continues to weigh o

. >> do you want to give a comment or opine on what kudlow had to say today about the fed being way too tight? he even used the word "deep state" we're talking about in relating it to the fed >> i'm not going to talk about what larry said. i will tell you what every economist that i talk to says, which is that it is substantially the trade regime that has caused what we're going through right now. there is potentially some of that type of monetary policy from the federal reserve that's had an impact. but when we look at things like business spending, when we look at things like business confidence, it looks tied to what's happening, look how the market reacts that's tied to trade more than anything else. i grant larry there was tightening going on. >> what's he call severe >> yeah, it was the slowest tightening in the history of the federal reserve, i believe every quarter they get a hike or they have in the past. it's had an impact i'm not sure so sure of the economy. >> pete, if there is a pause, are you cool with that is the market going to be cool with that? >> well, that's a great