liz: liz. >> liz mcgill, and she wants a guy named bach, by the way, he's a banker, he works for greenhillif they don't resign, he's got committed to defund the university of pennsylvania of a billion dollars. liz: billion. >> that's what, the latest word i got. they have 7,000 people signing a petition, 7,000. it started with a dozen, it quickly went to 4,000, from what i understand right now, 7,000. this is a story i'm going to be covering more op on monday and and over the weekend, so stay tuned. liz: okay. >> now, are the two going to be the blown out by university of pennsylvania? if you know, i read something in the times that they've been -- good luck when they face a deficit on their endowment of a billion dollars. and their most prestigious fundraisers. mark rowan is worth $6 billion. they say screw you because your school is condoning anti-jewish hatred. liz: and it's the not just the jews. jon huntsman, ambassador, former governor of utah, he's furious too. >> it's just ridiculous. i can't believe how low education's gotten in this country. it's disgusting. liz: how did we get h

>> hi, liz. months, the initter national politics, a lot of people don't want to hold the dollar. what is the asset, what than diversify their portfolios? gold will continue to be over next two or three years an attractive asset. liz: when you say international politics i need a clarification what that means but the dollar has been a much better place to hold on to lately. it is down today but it has been at 10 month highs. >> the dollar has been strong, very strong for a long time but you're seeing different people around the world, "brics" consortium, a lot of people want to dedollarize. what will do well not in environment where dollar falls off a cliff but where it loses value for a time. it has been up 12, 13 years? i don't believe it grows to the skies. i believe it is cycles. we need to think about what will work in our portfolios when that happens. liz: as i wonder about gold, the best way to play it through a fund, these interesting funds do double shorts, double longs, tell me about the

liz: carbon. >> carbon.in of their corporate ecosystem. it is really costly. he told him to stop. it is very interesting he told him to stop. looks like he is stopping. what we're hearing from sources inside of the sec basically that proposal has been put on hold for now. they're going to reevaluate everything. gary gensler hinted that in his recent senate testimony. basically said listen we had a lot of comment letters. they had thousands upon thousands they need to reevaluate them. we'll extend the comment period. they're clearly backing off a bit of esg. where it goes i can't tell you. fink had a role in this. if you attack larry fink being a zealot on esg he is not the zealot you think he is based on some of these actions. there are two issues here, liz. broader disclosure of corporate which may come in more watered-down version but what happened today is very interesting. the compliance team at the sec, monitor every company and brokerage. esg used to be on the list. now it is no longer. this is an sec

liz: yep. it is horrifying and right now with troops on the line, in israel, more than 300,000 and by the way, we're getting lee vine in front of the camera and israeli founder of ways and was in the ids israeli defense force for five years and they're all amassing because they're not going to take this. >> that's right and they shouldn't. liz: does the market react to these short term event s? >> the market reacts to short term events and chaos creates short term events but in the broader marketed and long term, gop political issues don't price stocks in the long term. but what they do create is short term opportunity. you saw monday when we saw what happened in the aerospace and defense and they'd been under pressure all year. they jumped big. liz: kenny polcari, our thanks to you. >> pleasure to be with you. liz: up next, boeing speaking of defense names and other defense companies maybe rushing weapons to israel so the nation can defend itself but without a speaker of the house as we said,

liz: kate, it's great to have you. >> thank thanks so much, liz. liz: and contrary to popular belief, we are not related but, boy, you're a sister from another mother. [laughter] we look a lot alike. thank you so much. >>> we've got a.i. stocks in the green including adobe. a.i. artists getting quite the upgrade as adobe lights up flye. they call it your imagination's new best friend. we are going to show you how it works and get the top voice in the area from adobe. and our producers and correspondents on the ground in israel keeping you updated with the very latest breaking news from israel's 4-day war with hamas. here's a look at ishares israel etf. it has moved to the upside by nearly 1%. "claman countdown" is coming right back. ♪ ♪ financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. this is american infrastructure. megawatts of pow

liz? liz: okay. and just a hop, skip and a jump away from where you are we want to take it back now to the protesters and to clarify these are many jewish groups at the moment calling for a ceasefire. they are saying that you want to stop the violence on both sides at the moment. you can see on the lower left there's a big black and white banner that says ceasefire. and again, we're going to keep dipping into this because this is a live picture of the cannon rotunda on capitol hill. we know in the past, certainly january 6th, how things got completely out of control. we'll keep our eye on this. it looks for the most relatively peaceful, we'll check back in on this. dow down now nearly 300 points. with the conflict threatening to pill other into with neighboring countries -- spill over -- it is not just the dow, s&p and russell showing fractures, look at the dow transports right now. as far as a percentage drop is concerned, it is the biggest. the dow transports at the moment are falling 2.9%. it has

liz? liz: yep. mike tobin, thank you. of those attempted attackses by the houthis on israel. lots of very, very dramatic developments. and if we dovetail to the question about oil and what's been happening there, pretty interesting picture. west texas intermediate crude falling again today, right thousand in the aftermarket down about 1.33% to $81 now and just 18 cents. you would think during a war mt. middle east oil would be ramping up, but it is down 4% since hamas attacks on israel. and still the world bank is warning oil could soar a in price to a record $150 a barrel depending on the war. even as u.s. oil production -- and this was announced today -- roads .7% in august to a monthly record. let's bring in the man they call dr. doom, known for his long-term bearish views on the global economy. not always bearish. nouriel roubini joins me in a fox business exclusive. the oil price is certainly questionable and a conondrum. most people would think when there's this kind of turmoil in the middle east, we would see highe

and now, liz claman. liz: thank you. let's keep the passion hot here because we've got a rough and tunnel thing bl day on wall street that looks actually like it's easing up just a bit as we kick off the final hour of trade. look at the dow jones industrials, down 40 points. low of the session, down 291. so a big comeback here. the s&p 500 down 19 points, but we've got breaking news on the nasdaq. right now it is still falling deeper into the correction hole, right now down 122 points. of course, it tumbled into correction yesterday. right now the tech-heavy index though is well off the lows of the session. you can see low of the session a loss of 277, so we've chopped that in half. yesterday though the composite suffered its worst day in eight months, clocking a 318-point loss are. alphabet really led the dive into correction with a bruising 9.5% loss on weak cloud results, the google parent getting hit again this session, down $2.69. off the lows, but that's good for at another -- about another clip of 2. yesterday was

here's liz. liz: thank you, charles. multiple breaking news headlines as we kick off the final hour of trade. right now we are looking at an a exodus out of stocks. note the nasdaq in particular, it is getting clocked right now, down 256 points or about 2%. look at the vix, or volatility index, it is the vaulting much higher right now by 14.33%. just off the highs of the session here, it stands at 20.14. we need to flag you that the dow has turned negative for the year. now work with me here, a loss of 286 points or more at the close will do it. right now we are well beyond that. we are losing about 457 points on the dow jones industrials, falling below 33,000 right now. we stand at 32,972. the bears drawing blood from the broader market. the s&p point loss stands at 63. investors diving for cover as the vote this just the last 19 minutes to table florida congressman matt gaetz's motion to remove the speaker of the house failed 208-218. 11 gop members voted with all democrats in voting no on this motion the table it or m

liz: final were john levine.n: that is the process and all of the have to make your argument to the voters of the voters decide and is free from political or visual interference and as for mike pence, he is the first major dropout them somebody to never really resonated with the voters heavy somebody likes what mike pence did as vice president, you have his boss former president trump who is on the ballot and so is never really had a lane here and he is very man maybe he'll right and i spoke. and wishing well. liz: john levine maybe a report about it new great and think you for joining us tonight okay, the story we will take it on coming speaker of the house mike johnson, said that it is very likely the president invited committed impeachable offenses sing full steam ahead, for the house gop impeachment inquiry, they will try to subpoena hunter biden and where is the media this story, billionaire george - foundation, reported he gave millions of dollars two groups behind the anti- israel pro- hamas protest nation

liz: it is 3 p.m. eastern, we have one hour left to trade before the closing bell rings, and we begin with breaking news. we are just now getting reports that american soldiers at iraq's air base are under attack at this hour by drones and rockets and missiles at this hour. according to security sources, multiple blasts have been heard inside the base. this coincides with a sudden dip in the markets where we fell to session lows for the dow jones industrials which were down 216. we're still down about 206 points. this fresh attack -- and, again, it's in iraq -- comes after a u.s. navy warship near yemen intercepted projectiles headed toward it. this according to reuters. we should switch right now to cvoe soling tilt index, at its highest since may, it is above 20. that's kind of a level that lately, or it's not that historically high, but lately that has been the level to punch above it means there is much more volatility. the vix spiking about 8% at the moment. you can see that in this intraday pictu

liz claman's got you covered. liz: you've got that right, charles. we've got our eyes on the middle east, the wall street and congress. we are getting fox business' edward lawrence in front of the camera to give us the up to the second news on president biden's latest comments on israel and what's happening with the hostages. if you see this 87-point loss on the dow, turn your attention to the nasdaq. the loss is much bigger, down 308 points, 32.33%. that's investors -- 2.33%. alphabet plummets 9 plus percent right now, the stock on pace to lose more than $162 billion in market cap which would mark its largest one-day loss in value ever. this is all about weak cloud results in the parent of google's earnings report which came out after the bell last night. the stock is really acting like a dark cloud over the nasdaq. if the composite does close down 217 points, 6 points or more and, of course, yeah, we are definitely below that here, down 314 points, that will mean the nasdaq has officially entered a correction. correction, of course, defined as a de

now i give you to the great liz claman. liz: yeah. we're seeing so many people, so many donors, charles, doing exactly that, pulling money. and, you know, the students, we'll see whether they get jobs if they want them on wall street anymore. shar charles or in law firms, yeah. liz: can't support a terror the u.s. group. bad indication there. all right, as we kick off the final hour of trade for the week, extreme urn certainty in the middle east and confusion in congress here at home have investors disinclined to head into the weekend long. we've got the dow heading back town to session lows, lower by about 191 points. the s&p down 37. the nasdaq falling 151 points. this even as a fox news confirms some good news, two american hostages -- a mother and a daughter -- taken by hamas terrorists two weeks ago not only have been released, but this is just hitting the wires. they have been received at the gazard border and are in safe and secure hands of the israelis and enroute to a military base in israel. look at crude oil. if you really

liz: thank y s

liz. liz: yes, athens airport in particular is very, very busy and close enough yet certainly a democratic nation helping. madison, thank you so much. let's get to university picture including and there's a wall street angle here. ivy league schools across the nation in the cross hairs and students cheer the hamas attacks and hold pro palestinian rallies on their campuses. in the last hour, hunter college here in new york city, you're looking at students who have gathered to rally for palestine. meanwhile in the last 48 hours, a fast growing list of billionaire harvard graduates are publicly announcing they will not hire any of the harvard students who signed a pro palestinian letter that said "we hold the israeli regime entirely responsible for all unfolding violence". that is a live picture right now of hunter college in new york at the moment as we said, a pro palestinian rally and there of course have been many pro israel rally in new york but that university focus at the moment that w

liz claman, this last hour of trading will be another one. liz: we are short on miracles. trey yingst reports limited operational raids into gaza. it is dark but we know this. a photographer in lebanon, this final hour of trade could see a ramp up involuntarily, it is expected to be a full-blown israeli ground offensive into gaza. we have read on the screen except the dow is going back-and-forth. the dow is up 30 points, the nasdaq losing 155, the russell 2000 down 14 points. it is now 10:00 pm. we need you to look at the vicks, the expectation of volatility, fear, anxiety based on the s&p 500 index options. 59 minutes left to trade, the vicks ramps up through the session, opened at 16 and right now we've got it at 19.6, again of 17%, up 22%, a moving target but up up up. all this should come as no surprise. 22 hours ago, israeli defense forces began warning the northern part of gaza, where foreign-born hostages are being held to evacuate. when hamas launched a surprise massacre slaughtering and burning alive hundreds of israeli civilians and taking hostages the israeli mi

liz: this race is one of the worst in u.s. citizens in u.s. history, that is how to think about it and danny thank you and keep thank you for your insights general is good to see you. >> thank you. liz: this get the inside look of house speaker house oversight congressman tim burchett and russell fry and the house speaker vote, first you cumbersome and purchase, is getting worse and tim jordan now has a super than kevin mccarthy many of his a look like 20 republicans, chose to vote for someone else and what is going on behind this scenes congress men see when he's now contacting posted voted against him and there were susan surprising the folks over the voted for kevin mccarthy is steve scully's come i would hope that those two gentlemen would be calling them those folks and saying if i come they appreciate the vote but they need to move on jim jordan estate conference choice so you got it, and thank you and you and congressman both support jim jordan and bring his behind of the coast doors scenes are one of the members say now. russell: would

liz: news pointing out, that he was well. kellyanne: well that's the whole thing he probably did not think the cameras were armed and it on the pulled in the fire alarm as an adult with aluminum member of congress. liz: it is a middle school principal so he knows what like the other thing also is spending bill, nothing for border security out we know that is a 45 day stopgap. and no new ukraine aid right, we are looking sent 500 billion bucks to ukraine to pay down his national debt i thank you so more than 130 billion by coming up. kellyanne: will be in a certainly hope the money is going towards, military operations because we do have a vested interest in stopping vladimir putin and make sure he does not advance and he has murdered countless people ukraine pretty think there certain argument also elizabeth, that the niceties of america, or ukraine know the nations, we are duty-bound to the hearts but not always her checkbook. quite the same way as expansively and i think that's important in a doctor this new york think abou

would i have liz truss or keir starmer? that is a l liz truss or keir starmer?ven't got— really know. at the minute, we haven't got li2— really know. at the minute, we haven't got liz truss. - really know. at the minute, we haven't got liz truss. we - really know. at the minute, we haven't got liz truss. we have| really know. at the minute, we i haven't got liz truss. we have got somebody— haven't got liz truss. we have got somebody who _ haven't got liz truss. we have got somebody who i _ haven't got liz truss. we have got somebody who i think— haven't got liz truss. we have got somebody who i think is _ haven't got liz truss. we have got somebody who i think is highly- somebody who i think is highly capable~ — somebody who i think is highly capable~ if— somebody who i think is highly capable. if you _ somebody who i think is highly capable. if you look _ somebody who i think is highly capable. if you look at - somebody who i think is highly capable. if you look at that i somebody who i think is highly. capable. if you look at that guy's cv, capable. if you loo

liz: how do you hold iran accountable. andrew: that's what i am saying, is that it is absolutely time that the american people and our national allies and our security partners recognize that iran is funding terrorism and the need is to be dealt with as a state sponsor of's terrorism. and we have to take action. liz: so it frees up the funds, freeze all funding and do what trump did in congress when what you think, because we have pro- hamas and actavis, the at the white house protesting in new york city distorting a pro- israeli rally in fort lauderdale and hamas, is ices and hamas is killing saudi arabians as well and so how do you hold them accountable congressman. >> it look, i agree with you coming have to go back to a president trump was doing. byron: number when he was squeezing them economically, the sanctions was working and we were energy independent, our economy was coming dominating the globe and he did not let up off of the map and we already know when iran is going to do and they're going to use whatever reso

liz peek is joining us now. liz, you're a great writer and so smart.ng about recession warnings for so long and now top wall street economist mohamed el-erian said recession could hit next year and interest rates staying higher for longer. liz, how is that going to hit the 2024 race? >> it's a good question, liz. it is very hard to imagine the federal reserve will increase rates next year in the teeth of a federal election. that is just very unlikely to happen. but they could certainly hold rates at higher levels, and i think this is really a threat to the biden administration. biden has been out talking for weeks about bidenomics. what is bidenomics? it's big government, big spending, and big labor, and we're seeing all three of those things boost inflation, which is causing the federal reserve to boost rates and really it's slowing down the economy. the signs are everywhere. elizabeth: you know, liz, blackrock strategist say economic activity flat lined like the weakest 18 month stretch and labor markets are looking soft. liz, labor markets are often

in and liz trussin that.ership election in and liz trussin that. yeah, ig role to leadership election in and liz trussin that. yeah, i'm)le to leadership election in and liz trussin that. yeah, i'm just) play in that. yeah, i'm just looking at what the shadow chief secretary the treasury, secretary of the treasury, darren jones, made she darren jones, made of what she was expected to say. >> don't think reacted >> i don't think he's reacted since been speaking, since she's been speaking, talking fantasy talking about the same fantasy economics that crashed the economy 12 months ago. and of course, about course, she has talked about let's leave the market, find the solutions. well, i mean, their verdict last time was basically to get rid of her and kwasi kwarteng. well that's right. >> but it's slightly unfair on darren jones, because i think the idea is that liz just is pushing certainly the agenda pushing was certainly the agenda that she got the members of that she she got the members of the to party vote h

i the liz truss way or maybe it never left the liz truss way?— left the liz truss way?he i conservative party's always believed in low taxation and regulation and thatis in low taxation and regulation and that is what the prime minister is doing as well. he is cutting green regulation and regulation on the motorist. so this what is you would expect at a conservative event. i5 expect at a conservative event. is today about helping rishi sunak win the election? i today about helping rishi sunak win the election?— the election? i want us to win the election. the election? i want us to win the election- i — the election? i want us to win the election. i don't _ the election? i want us to win the election. i don't want _ the election? i want us to win the election. i don't want to - the election? i want us to win the election. i don't want to see - the election? i want us to win the election. i don't want to see a i election. idon't want to see a labour— election. i don't want to see a labour government. i want to see us coming — labour government. i want to see us coming to

and i voted for liz truss male? and i voted for liz truss . do go on say that they're no longer a member of they're no longer a member of the party. but i think picking you up on when you were saying earlier it's just no , no earlier it's just old no, no what i mean earlier it's just old no, no whati mean i mean average what i mean i mean the average the average age i think for a tory, a member is 60, labour is labouris tory, a member is 60, labour is labour is 54. >> and that was when momentum was at its height. members of political parties is old people i saw. i'm glad she's young. >> they're extraordinary mind parties on both sides. >> of course they are. you have to be mad people like us. >> political obsessives like us are strange, strange people are are strange, strange people are a group of young protesters , um, a group of young protesters, um, protesting outside of this tory party conference. >> i wonder if i can bring up the clip for you because i've got to say, i found it a little bit odd. can i bring up this clip? this is a young c

liz: sanford?ble. >> my only point here is that at these supposedly elite universities, the administrations, the heads of the universities and the administrations have failed in their responsibilities to protect their college students. >> a jewish student, say there was a jewish student mixer on campus, you're saying that right now if that did occur, those students would be physically assaulted based on what you know? >> i'm not saying they would be physically assaulted in all circumstances but what i can tell you because we have had conversations with a number of students and faculty at a number of these universities, they are in fear of their safety and their lives. liz: you saw what happened with cooper union earlier last week. >> yes. liz: where students were chased by people carrying palestinian flags. this is in new york city for those of you who don't know. i believe there is video of it. they were chased and they will holding the doors and they were being screamed at, threatened by these st

>> yeah, liz, i think that's a decent place to start as well.e've got to start showing, sharing the message that america's not going to keep funding terrorism whether directly or indirectly. i mean, let's be honest. our opening up of sanctionses and the oil sales and everything to iran has made them flush with cash, and so they're using that cash to flush what i call their mercenary armies. hezbollah and hamas are simply a mercenary army for iran the same as for moscow. elizabeth: thank you both so much for your service to our nation. we'll have you back on again soon, gentlemen. thanks for your insights. still ahead, congressman tony gonzalez, congressman andy biggs, aviation expert mike foy and former federal prosecutor francey hakes. former president trump took the witness stand today. tensions flared up in the new york civil fraud case against him. we're going to explain why. also he just was fined again for violating a judge's gag order. and anything joe can do gavin newsom can do better? if california democrat governor gavin newsom ramps u

liz: you're being so generous.hat people deal request him, he is another level. liz: she took on the job as ceo. she has to face the bankers october 5th and they're, according to bob dimon, i would imagine, he ran barclays, that is one of the banks, i would imagine looking or already exited or tried to exit. >> i'm sure they tried to syndicate the loan, sell it, not on the balance sheet. they're smart not to keep debt like this on the balance sheet. the question are they defaulting? i don't think they are, not even close and can they default? i get it, twitter is not making any money. they, elon paid $4 billion -- liz: $44 billion. >> something worth about four. liz: today. >> worth about four today, maybe not much more. on top of that, you know, he has to figure out a way to make money but he has got his tesla stock. where is tesla trading today? is it doing okay? liz: it is actually. really, really well. >> there you go. there you go. bingo. liz: it turned positive. >> so that is what you have as his currency. in

liz. we exacted a very high price to the leadership of black september who killed our hostages in municipal ick at olympics. in abibbing, we understand the -- air bibbing, we understand -- arabic and we understand the col criminaltured language and we've been dealing with them for a listening time. [speaking non-english language] means everybody is within our reach and i can assure you there's a high price to pay for all the leadership that's responsible or even affiliated with this october 7 massacre. elizabeth: what aaron aid, scott, israel found hamas instructions for making chemical weapons "a sinai dispersion to the device". it's about liberating palestinian people from terrorists and people understand the palestinian people voted in these hamas terrorists. pentagon says it's getting rid of isis and al kai la level footages. the footage is captured and it's deeply disturbing, shocking and graphic, unspeakable horrors and is the messages getting out there that it's about liberating pal

ministers, liz truss and theresa may here, i think— liz truss and theresa may here, i think it's — lizstill actively — conservative conferences still actively involved, i welcome that. do think— actively involved, i welcome that. do think the corporation tax should be cut to 19%? we do think the corporation tax should be cut to 19%?— be cut to 19%? we are all conservatives _ be cut to 19%? we are all conservatives here, i be cut to 19%? we are all- conservatives here, conservatives love lower — conservatives here, conservatives love lower taxes, but that is ultimately a matter for the chancellor pot you been in power for 13 years. _ chancellor pot you been in power for 13 years. you — chancellor pot you been in power for 13 years, you can do those things if you want— 13 years, you can do those things if you want to — 13 years, you can do those things if you want to. i can't do that here on tv! that's— you want to. i can't do that here on tv! that's a — you want to. i can't do that here on tv! that's a matter for the chancellor to announce a fiscal statement coming up, autumn statement

>> good afternoon, liz.ise won in the house republican conference and that does not mean he can win on the floor. the bar is higher. he defeated jim jordan of ohio. jordan is now throwing his support to scalise. >> it's a critical time for the house of representatives to get back into the house and what's happen with hezbollah in the north and dear friend and ally israel and what's been happening in the south with hamas. we're supporting that and functioning as house of representatives and we need a speaker and steve is the guy for that. >> scalise needs outright voting majority by the name. number is 217: if all 437 members vote. margey taylor green will support jordan because scalise has cancer. the speaker of the house is the hardest job in cancer. one of the hardest jobs in the country and it's extremely demanding. it's very personal to me and i like steve scalise and i like him so much that i want to see him be able to put all of his time and energy into defeating cancer. reporter: scalise is hoping to

liz macdonald is better than mayorkas. liz: thank you. we're on alice in wonderland's looking glass on the other side hearing this rhetoric. larry: from the federal register and deny it is today? it's in the federal register. i don't know. sorry. liz: we're going to dig into more of the bo lowny on the white house. bbthe president leads on thestg constitutional fight over the new york fraud case against former president trump and new development there and new details in the house speaker drama kevin mccarthy denies reporting he may resign and more and more voters outraged, speaking out against president biden's border crisis. we've got new sound on their common sense reasons why they're so angry. and the real strategy behind hillary clinton's extreme rhetoric claiming half the nation trump voters "need formal deprogramming". and the shockingly low numbers of soldiers rejoining the military after thousands were discharged refusing hiden's covid vaccine mandates. happy friday. i'm elizabeth macdonald, "the evening edit" starts right now. el

. >> liz peek hard to disagree with that analysis. liz: it is, rather we assuring that the fbi is beginning to realize that it is not parents at school board meetings or conservative catholics big security threat to the united states maria. let's go back to the days where we actually worried about terrorists call them terrorists acknowledge that hamas and or feeing of money could spark another terrorist attack in the united states all people across the border is this what will finally get them democrats, people across the country to say enough, close the border, we have no idea who is coming into our country because when you talk about the indicational person on terrorist watch list of this been apprehended we know tens of thousands so-called getaways we have no idea who those people are this i offensive fbi turned its attention elsewhere i hope they refocus, on the job, of keeping americans safe not play for maga republicans but safe from terrorism. >> the tone set from the top liz, last night joe biden blaming maga republicans in 60

liz: so i agree. good luck to your family. >> okay. liz: charlie gasparino.wamy will join us live. please do not miss this. we will ask him about the speaker of the house debacle going on right now. israeli situation. he made controversial comments about israel. we'll get him on the record about that, so much more. we told you earlier big bank earnings were kicking off this morning with jpmorgan, citi, blackrock, all of them are moving higher right now. following wednesday we'll hear from morgan stanley. our "countdown closer" just added morgan stanley to his buy list ahead of the results. let's bring him in for the details. infrastructure capital management ceo and cio jay hatfield. why morgan? >> really morgan stanley is fairly unique in that it is a money center bank so they hedge interest rate risk well. they hedge it like a trading book so they're not a long-term investor but more importantly they have good exposure to investment banking and i think what most investors don't realize, not necessarily relevant to this quarter but investment banking picked

liz: yeah. it is amazing the money keeps plowing in. we got the latest data yesterday. $5.7 trillion going into money markets. people continually feel like i am getting paid great yield to sit in safety. although, if you look at the broader yield curve you see a re-steepening. we are hearing favoring the two-year and three-year. but there is a lot of money in money market funds. matt: this morning's price action made sense to me. if you get a big blowout jobs number, we were looking for 170,000 and we got 336,000. you might be right to think the fed needs to raise rates and that is why the market fell, the stock market. why do you think risk assets have turned around and rallied higher? liz: it is interesting. this happens when we get these very involved reports. without a doubt the headline numbers were blowout. but then you start seeing jp morgan saying the household figures were much less boomy. we saw some civility in the average work week. people started to look under the hood and i saw several people say, yeah, this definitely inc

liz: video of that.ryl: you guys columbia cornell y'all ignore the facts, israel ground invasion is going into its second phase that happened over the weekend, vice president kamala harris tries to warn iran from entering the conflict going to talk to maria salazar with reaction we also are going to take you back live to israel you are watching "mornings with maria" live on fox business. . . cheryl: we told you a few moments ago we know what a plate is vice president ka made a very interesting comment about president biden speaking with "60 minutes" last night, watch. >> some democratic donors and they have told us that should something befall president biden, and his not able to run that there would be a free-for-all, for who would run as president. you are in the spot if that would be natural for you to step up but we're hearing from deniers they would not natalie at in rally fall in line >> i am not going to engage in hypothetical joe biden is very much alive running for reelection. doug: really so te

liz peek, michael lee good to see you. "varney & company" picks it up.ood morning, everyone. there are times when you have to

liz kendall, thank you very much for coming _ forward. thank you very much for coming to talk to us. - forward. liz kendall, thank you very much for coming to talk to us. this | much for coming to talk to us. this speech from rachel reeves felt like a bit of a moment the fact that labour were so prepared to say that we are prepared to have the economic fight with the conservatives at the next general election. the conservatives will have their own message they want to take to the electorate, but you can be under no doubt that the economy will be front and centre. hello again. over the weekend we'd a real contrast with the weather north to south. in scotland, we had torrential rain which led to some disruption and flooding, whereas as we pushed across england, wales and northern ireland, this area of high pressure was very much in charge, so it was settled and it was very warm for the time of year, as it will be today. we do have a weak weather front draped across northern england, northern ireland and also parts of southern scotland. it h

thank you, liz.th: look who's back with us now, senior legal correspondent at the federalist, margot cleveland. it's always a pleasure the you on. you're so smart. margot, this story, jim jordan, james comer, ways and means chair jason smith released a memo saying the scope of the impeachment inquiry will span the time of joe biden's vice presidency. that's, it's also going to the include time out of office. what do you make of this? >> i think it's a great announcement, it's a good development. we know that there was a lot going on while he was vice president, and we have evidence that there was his knowledge, participation and possibly even a change in policy while he was vice president. elizabeth: you know, there's also this, they say the constitution covers offenses committed either in office or out of office. they say the constitution says nothing at all about the timing of impeachable acts, that the constitution is silent about that, that it does do not limit impeachable offenses to those who w

giving his analysis outside the hotel where liz truss was delivering her speech.the party conference in manchester at around two o'clock or more of those speeches, but now that hand you back to our international coverage. we've had an unbroken line of men and the post is defined in law as lord chiefju5tice. dame sue carr, she has a job, she took over formally yesterday. this morning she was sworn in where she gave an oath of allegiance to king charles but swear to uphold the law fairly for all, effectively giving everyone a fair chance at a fair hearing in court. this is a complex and demanding role. she is in charge of all thejudiciary in demanding role. she is in charge of all the judiciary in england demanding role. she is in charge of all thejudiciary in england and wales, and i mean from the smallest magistrates' court to the high court of appeal. she is in charge of all thejudges across all of appeal. she is in charge of all the judges across all those branches of law. she has to organise the thousands of cases going on and make sure we have the resources in

>> yes, liz, absolutely.rticular that is an e-mail of great interest to our investigation. and that's why we need to know from national archives was that e-mail one of the documents that the vice president had in his possession, because if so, that's clear evidence his son had access to these classified documents and was selling them. we also want to know what joe biden was doing hiding these e-mails in these pseudonyms. look, we know one of those e-mails was, had hunter copied, and it pertained to ukraine. so much of the corruption in the biden past revolved around ukraine. so we have a lot of questions for national archives, and we expect them to give us answers. elizabeth: okay. chairman james comer, thanks for joining us. >> thanks for having me. elizabeth: senator josh hawley, he called out secretary mayorkas because a dhs worker, a homeland security worker praised a maas on twitter. -- hamas on twitter. we also have senator roger marshall. he saw those fireworks firsthand today at that 123459 hearing. a

liz truss's speech today clips.'s speech today and the chancellor's speech perhaps setting a different tone. let's hear what liz had to say so let's start with axing the >> so let's start with axing the tax base. we need to unleash business across britain. we need people to want to invest in our country. we need businesses to be able to export and to grow, to create new jobs, to create new ideas . and that's why i'm new ideas. and that's why i'm calling upon the chancellor at the autumn statement to put corporations back tax back down to 19. and frankly , if we can to 19. and frankly, if we can get it lower, the better . get it lower, the better. >> and jeremy hunt took a rather different line, which is also worth listening to. no tax cuts are possible in a substantial way at the moment . way at the moment. >> so it's not just inheritance tax, it's income tax. it's all the different taxes that people look at. if we start having big tax cuts , it would be tax cuts, it would be inflationary and when we've got inflatio

liz: thank you and will check thk

you guessed it, liz truss.eds of people across the road were hearing —— queueing up to hear her say real conservatives want to tax cuts, corporation tax should come back down to 90%. and the government should look at other liberalisation is to try and get the economy growing again. so although some think that might be quite surprising to hearfrom liz truss think that might be quite surprising to hear from liz truss given what happened last year, there are a lot of other people in the place of wanting to hear that argument here. she still really popular with conservative members and conservative members and conservative activists. you can see the prime minister clapping, waiting for the chancellorjust now. they disagree, they think tax needs to be kept at the level it is at snow until inflation is brought under control. so there is still a tension here and it feels a bit to me like there is a lot more interest in this conference at moment and some of the ideas from the fringes about cutting tax and radical polic

liz mccormick joining us now. now is jamie dimon, made headlines globally, but we are at this point, we saw it with bill ackman entering -- ending his short bet against the treasury market, there are concerns heading into the next year liz: i thought jamie dimon's comments were good in the sense that a p placing that. maybe we in the markets and coverage, that is our job, we are talking about changing the perception, we going to go up the order point four twice? what people like jamie dimon are getting at is one or two more hikes is not a big deal, but are we going to see a big jump in yields across the curve? we had ackman getting out of it short yesterday come along end rates have come down. but i think people are too nervous. nobody is going to say we've seen the peak. we have a fed meeting next week where they have signaled they will do nothing. funding announcement where the treasury is supposed to announce another round of bond sales. there is still a lot of uncertainty for folks in the treasury market. even

some senior tories, including the former pm liz truss, are piling on pressure for tax cuts.ing for next year. it's the second day of the conference and earlier, the transport secretary announced what he called a "comprehensive plan to back drivers". i'm calling time on the misuse of so—called 15 minute cities. there's nothing wrong with making sure people can walk or cycle to the shops, that is traditional town planning. but what is different, what is sinister and what we shouldn't tolerate is the idea local councils can decide how often you go to the shops and that they russian who uses the roads and when and they police at all with cctv. as i said before, the former prime minister liz truss has called for a focus on low taxes, in criticism of government policies. she spoke in front of a packed audience earlier. we need to unleash business across britain, we need people to want to invest in our country, businesses to expand, to grow and create newjobs, to create new ideas. that is why i'm calling upon the chancellor at the autumn statement to put cooperation tax back down t

liz ann made an excellent point. are they higher on higher inflation expectations, on growth, or higher because we have a supply/demand imbalance in treasuries. you're seeing that additional supply in the market putting a cap on the ten year and that's creating a more fundamentally foundational opportunity for people to buy equities coming into what will be an interesting next ten weeks or so. >> but you don't believe in the market as it sits here. you certainly don't believe we're having a year-end move higher because you want to overweight cash and investment grade bonds over equities which you are neutral on. what does that say about your psyche of the market? >> so i think it's a tale of two time frames. i'm so glad you asked me, scott. the next ten weeks or so, if you look over the last several years when we've had a tough september, the markets have yielded generally a fairly positive outcome in the fourth qua quarter, and so it's about positioning. the cap on yields i talked about and a little less volatility

hour of truth from liz mcdonald. >> i hope everybody can handle it. [laughter] okay, brace yourselves. thank you, larry kudlow. this story, house and senate lawmakers today scrutinize u.s. troops put in harm's way due to the white house quote failed policy out of a red. we got the story and former trump senior counsel kellyanne conway, democrat now counting new speaker mike johnson for 2024. we are going to explain. this bombshell from chuck grassley says d.o.j. and fbi officials obstructed evidence of human activity biden family deals for more than 40 fbi sources and new details on why former president trump stormed out of a new york court. this story, hillary clinton could again be heckled tonight, potentially the second time in a week and also this, wife gop senator joni ernst is going after former speaker nancy pelosi plus chicago voters are outraged. mayor brandon johnson locked them out of a public community meeting about illegal immigrant camps. i am liz mcdonald, "the evening edit" starts right now. ♪ >> let's welcome retired lieutenant colone

let's ask liz young with me here at post 9. welcome back >> good to be here >> what do you think seasonality definitely gets better december 2nd best, good riddance to the last three, but you've been cautious, so what do you see now? >> the three months in a row that we've had since the most recent top in july have been orderly, but tough and persistently tough and it seems to me like there are people looking for more reasons to sell than reasons to buy and we continue to have this downward momentum and we're not really getting a lot of reasons to stop doing that granted, we didn't have a catastrophe and there's been some sort of negative shock and there continue to be headwinds which is the good thing. we know what the big risks are out there, but there continues to be this momentum and sentiment that we're just not sure we're getting to the end probably of the hiking cycle when will those legs kick in and how bad will they be >> that seems to be central question those who are cautious, if not negative on the market, j.p. morg

republicans, liz, are asking why not do that now. liz. elizabeth: grady trimble, always great reporting from you, thank you so much. retired general keith kellogg. general, thank you for junior service to america. why isn't the biden white house freezing the $6 billion in funds for iran now? 20 republican senators demand that. what do you think? >> yeah, liz, thanks for having me. look, it's because they want to normalize relation withs iran in the region. back in the trump administration, we were clear what we did. came out of the joint comprehensive plan of action, iran nuclear deal and cut off funds to palestinian authorities and they've put money back in and they're not talking about taking back the $6 billion and they want to normalize it. they're starting to see what that caused and what happens is when you don't be harder on people like the palestinians and hamas, you get what happened this last weekend. now they see what's happening with the result of deatherring and not take ago hard stand witd stapedius muscled and hezbollah is