with me is luke barrs at goldman sachs asset management. luke, what does reasonably good look like? need some health from two weeks ago which was a stark surprise to the market. i think when be look at what our colleagues in investment research is saying, this is changing from 25% probability recession to 20%. we are not talking about a significant change, but we are also not saying we have gone from a scenario where the recession is the likely outcome from unlikely. this is a continue indation of we have been saying is soft landing is likely scenario and you need to build your portfolio around that scenario. >> 20% equals soft landing, is that correct? >> that is our assumption. starting from where we are today, 5.25% to 5% fed fund rate. i think when we look at that probability of soft landing, that 80% scenario where the economy continues to grow and 1% to 1.5% growth. >> luke, when you assess the outlook for the rest of the year, what is the single biggest risk or the biggest unknown or the black swan event that to derail? >> we need to focus on the fundamentals. for us, the sta

any insight into that, luke? it involvement. any insight into that, luke? , m ., ., luke?is difficult to have insiaht luke? it is difficult to have insight and _ luke? it is difficult to have insight and others - luke? it is difficult to have insight and others will - luke? it is difficult to have l insight and others will know luke? it is difficult to have - insight and others will know more than me _ insight and others will know more than me but there seems to be a recurring — than me but there seems to be a recurring suggestion that hostile actors _ recurring suggestion that hostile actors want to weaponise events and moments _ actors want to weaponise events and moments like this and i think we have _ moments like this and i think we have to — moments like this and i think we have to be — moments like this and i think we have to be aware and a life to it. there _ have to be aware and a life to it. there are — have to be aware and a life to it. there are new fronts of international conflict now, the spread — international conflict now, the spread of— international confl

i'm luke, i thought i would combine magic— i'm luke, i thought i would combine magic with— i'm luke,ot and a sliuht magic with stunts. i'm elliot and a sli . ht of magic with stunts. i'm elliot and a slight of hand _ magic with stunts. i'm elliot and a slight of hand artist. _ magic with stunts. i'm elliot and a slight of hand artist. i'm _ magic with stunts. i'm elliot and a slight of hand artist. i'm the - magic with stunts. i'm elliot and a slight of hand artist. i'm the mind | slight of hand artist. i'm the mind readinu. slight of hand artist. i'm the mind reading- you _ slight of hand artist. i'm the mind reading. you look _ slight of hand artist. i'm the mind reading. you look terrified. - slight of hand artist. i'm the mind reading. you look terrified. i'm i reading. you look terrified. i'm scared. reading. you look terrified. i'm scared- we _ reading. you look terrified. i'm scared. we are _ reading. you look terrified. i'm scared. we are going _ reading. you look terrified. i'm scared. we are going to - reading. you look terrified. i'm scared. we are going to use i reading.

i like luke, i don't know if i trust luke. [ laughter ] it was great, we had a good time.ulations. i love luke, i love him a lot. >> how long am i here? [ laughter ] >> jeff: you're done, we're sending you out. "you gotta believe" opens in theaters august 30th. good-bye and thank you to you, you great greg kinnear. [ cheers and applause ] we're going to be right back with janet mcteer! [ music playing ] hey, flo. cool leg warmers. thanks. they are just for the bus ride to work. they are not part of the official uniform. no tunes today? no. my apartment was robbed last night. took my cable ready tv, vcr, portable cassette player. yup. all the latest tech. if only progressive had renter's insurance like their home insurance. then we could bundle our cars and get the same 24/7 protection. -i think we just invented that. -huh. this is the best day ever. well i still got robbed. well still pretty good day. at tj maxx, you can afford to turn your closet into a place of endless expression. with the quality, styles, and prices you love. ♪ want some water sweetie? ♪ brita elite rem

host: go ahead, luke. guest: for most people, i have not been to many conventions, but when you do, it is an intense security situation, almost like none other that i've seen. and 1968, they were at an international amphitheater in southwest chicago. that was torn down about 25 years ago. so now, this year, there are two sites. even walking this morning to the studio long grant park, i wanted to stay at a hotel that was near these historic areas, i would say the fences are set up and kind of off to the side and the margins, and, you know, all of their links are not linked up yet, there are extra sections here and there. but there are cadres of police all over, you know, even two in my elevator at my hotel is nigh, riding up and down the elevator. you see a visible police presence, but nothing really happening yet. but it looks like pretty quickly, they could link up those fences and see a lot of big parts of chicago nearby here, if they need to. host: david in florida on our line for republicans. good morn

host: go ahead, luke.uest: for most people, i have not been to many conventions, but when you do, it is an intense security situation, almost like none other that i've seen. and 1968, they were at an international amphitheater in southwest chicago. that was torn down about 25 years ago. so now, this year, there are two sites. even walking this morning to the studio long grant park, i wanted to stay at a hotel that was near these historic areas, i would say the fences are set up and kind of off to the side and the margins, and, you know, all of their links are not linked up yet, there are extra sections here and there. but there are cadres of police all over, you know, even two in my elevator at my hotel is nigh, riding up and down the elevator. you see a visible police presence, but nothing really happening yet. but it looks like pretty quickly, they could link up those fences and see a lot of big parts of chicago nearby here, if they need to. host: david in florida on our line for republicans. good mornin

(luke) understood. (security) hey, grab him! (luke) excuse me.) ding dong! homes-dot-com. thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh ♪ maria: welcome back. time for the big buzz of morning. a new addition to the fox business family. congratulations to producer jenny on the birth of her beautiful, precious daughter weighing 6 pounds, 11 ounces. congratulations to the entire family. best wishes to you, jenny. all right, we are about 30 minutes away from the opening bell for a wednesday. let's check markets where we are nearing the highs of the morning, and the final word here. dow industrials up 304 right now. >> yeah, i think the bottom is in, but you don't need to be a hero, just find one or two of your favorite names still down 15-0, buy a little bit more. maria: all right. and we're, of course, follo

(luke) marci, we've gotta go. (marci) i'm sorry.nd more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. >> you can explain how you're going to pay for those. >> i mean, you just look at it in terms of what we are talking about, for example, around children and the child tax credit and extending the -- [inaudible] at $6,000 for the first year of a child's life. the return on that investment in terms of what that will do and what it will pay for will be tremendous. and then what we're doing in terms of the tax credi

we meet luke and his family again. they are living here fully isolated in the middle of the woods, with their small children, far from emergency medical services. they'll spend 6 months in this remote wilderness, which they share with wolves and bears the, at the age of 6. and 3 donna and sula are already pitching in with the housework costa. hi, just when the snow melts becomes water. so yeah, that's why i'm connecting it. could you tell me do you want to try 5. yeah, that's great. i wouldn't be able to carry that. the children have divided up a choice. gonna does the heavy lifting to 10 zoo last starts to prepare the t or yeah, there's snow is no there for luke and long slaughter. only one or 2 reindeer every year to week. they don't breed them to eat them, but they do drink their milk in large quantities. with the rain to your milk is more nourishing, then a small meal for you. use the tub. tens of di lawn has named each one of the range here. hold on to us to use their all the same as you have, but to us each one i

(both lukes) homes-dot-com. we've done your home work. (luke) now, that is worth celebrating!d) i love it. (luke) thank you. (brad) home...work... very clever. (vo) ding dong! (luke vo) homes-dot-com. after careful review of medical guidance and research on pain relief, my recommendation is simple: every home should have salonpas. powerful yet non-addictive. targeted and long-lasting. i recommend salonpas. it's good medicine. ♪ hisamitsu ♪ ♪ did you know that 96% of customers recommend the hartford? boy that's higher than most movie ratings. and those who switched to the aarp auto insurance program from the hartford? they saved hundreds. for the savings, benefits and best in class claims experience you deserve. make the switch today. to get your free quote call or click today. the buck's got your back. maria: welcome back the markets ended the week after we heard from federal reserve chairman jay powell from jackson hole on friday morning. the chairman gave his strongest signal the interest-rate cuts are coming soon saying the central bank intends to act to save off a further

(both lukes) homes-dot-com. we've done your home work. (luke) now, that is worth celebrating!ever. (vo) ding dong! (luke vo) homes-dot-com. seanjack: electric vehicle grows slowing. they say the forecast might be too high, why is that it is a graveyard for most automakers, electric vehicle margin and the bad news keeps piling up for the past week and it decided to scrap a full size electric suv, ford and gm have put off the opening of plans that make full size electric pickups, that is because demand is not there, it rose about 50% for ev's in the united states last year. this goes five or 10% the best in the ev market share is basically under 10%, it is stuck there. jack: can i assume you feel like we should triple the tax credit or have i got that wrong. >> divided administration's health and on forcing a transition to ev's with a whole host of tax credits and rebates and fancy charging stations, it's not working well. it used to be donald trump offered a contrast for that and he was skeptical of ev's. now that is cozied up to elon musk it's not clear how he stands on ev's a

he lives in this traditional plan, similar to a t p. luke is 30 years old. this is where he and his families spend winters. his wife is named who loved and they have 3 children. gone out is 6 years old. his sister in law is 3 and the youngest child is one luke and his family are no meds. and keeping with the traditional live style of the duca, they live in a tent without modern amenities. they use a stove for heating and cooking. here's your hat. the family cook eats and sleeps and these 10 square meters long shows us how they keep everything sorted more. in the this is the shelf where we start, all our kitchen utensils is this is where we keep our flower. these are, there are the children, saddles and some blinking. if you missed here in the middle, we have more blankets. i'm still and that's where we came across those and the mattresses inside the keep ourselves organized tags at the duca r reindeer herders for luke cares for 40 animals the duca cultivate a special relationship to their reindeer. who luke and his family are among the last of the duka in mo

(luke) i don't know. i. don't know. (vo) ding dong! rsv can severely affect the lungs and lower airways. but i'm protected with arexvy. arexvy is a vaccine used to prevent lower respiratory disease from rsv in people 60 years and older. rsv can be serious for those over 60, including those with asthma, diabetes, copd and certain other conditions. but i'm protected. arexvy is proven to be over 82% effective in preventing lower respiratory disease from rsv and over 94% effective in those with these health conditions. (♪) arexvy does not protect everyone and is not for those with severe allergic reactions to its ingredients. those with weakened immune systems may have a lower response to the vaccine. the most common side effects are injection site pain, fatigue, muscle pain, headache, and joint pain. arexvy is number one in rsv vaccine shots. rsv? make it arexvy. jack: the u.s. national debt topping 35 dragon dollars for the first time in history. there is no talk of paying it down or holding a study from either vice president kamala harr

luke, where is the friendly or not. - luke, where is the great friendly or not. _ luke, where is theh probably sums up where the public are on relations— sums up where the public are on relations with europe, it is like that— relations with europe, it is like that victorian adage about children, they would like it to be seen and not heard — they would like it to be seen and not heard. by that, i mean lots of the public— not heard. by that, i mean lots of the public would like us to get on better— the public would like us to get on better with europe and have closer relationships, but the idea of going back to _ relationships, but the idea of going back to the era of brexit was, talking — back to the era of brexit was, talking constantly about europe, fills people with dread, and that is because _ fills people with dread, and that is because if— fills people with dread, and that is because if you look at the polling, one thing — because if you look at the polling, one thing that unites remain as and levers, _ one thing that unites remain as and levers, they— one thing that unites rema

(luke) marci! we've got to go! marci! we have got to go!you the real, in-depth school info. (marci) what were you thinking? (luke) i don't know. i. don't know. (vo) ding dong! homes.com so tell me about your heart attack. our heart attack was... scary! never want to go through that again. but we could. with heart disease, you never know. so we made changes. green juice. yeah, not a fan. diet, exercise... statins helped. but our ldl-c (bad cholesterol)-it was stuck! stuck! just couldn't lower it enough. and high ldl-c meant a real risk of another attack. so i said, "let's ask our doctor about repatha." what can i say? listen to your heart. repatha plus a statin dramatically lowers ldl-c by 63%, and significantly drops the risk of having a heart attack. do not take repatha if you are allergic to it. repatha can cause serious allergic reactions. signs include trouble breathing or swallowing or swelling of the face. most common side effects include runny nose, sore throat, common cold symptoms, flu or flu-like symptoms, back pain, high blood su

(marci) ding dong (luke) homes-dot-com. david: as americans face rising costs, america dream seems more unattainable, gerri willis is standing by. reporter: burdened by high prices and high interests more americans say that achieving american dream, owning a home, having a family, affording a comfortable retirement, is getting more difficult, according to a poll from "wall street journal," 96% of americans believe financial security is important. or essential but 9% believe it is attainable, financial pressure making it tougher to achieve goals not normally associated with the economy like getting married and having children, and two thirds of americans say marriage is essential or important to their american dream, less than half said it was easy to achieve, and saving for a retirement, 8% believe that to be easy goal now. a lot of this has to do with housing with young people feeling pinch. the most housing prices are up 47% sent start of decade and interest rates remain high, 10% think it homeownership is easy to achieve

(both lukes) homes-dot-com. we've done your home work. (luke) now, that is worth celebrating! (brad) i love it. (luke) thank you. (brad) home...work... very clever. (vo) ding dong! (luke vo) homes-dot-com. (bell ringing) someone needs to customize and save hundreds with liberty mutual! (inaudible sounds) (elevator doors opening) wait, there's an elevator? only pay for what you need. ♪ liberty, liberty, liberty, ♪ ♪ liberty. ♪ maria: welcome back here's where markets and did another wild week as stocks with funds or selloff in rallies to mix expectation over a living recession after the major 1000-point decline on monday the s&p 500 logged the best day since november 2022 on thursday, joining me to walk us through slight stone wealth chief market strategist kenny polcari, great to see you you always give a recipe in your market notes in your latest recipe for a martini are the markets driving you to drink? >> they absolutely are, the volatility that we saw on monday started by the japanese trade and had to happen there had to be a catalyst that would ignite the fire we've been

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(marci) ding dong (luke) homes-dot-com.let's check market yields at that 3.85%, up half a basis point, we are hearing from federal reserve jay powell doublespeak at the jackson hole economic symposium at 10:00 a.m. eastern likely going to be a market mover and he will likely signal a rate cut next month that's why you see the firmness in stocks, the futures market is fully pricing in a 25 basis point cut for september and the september meeting as several officials are pushing for a gradual pace of lowering interest rates. we are entering the lower rate. , joined me mahoney asset management ken mahoney. great to see you, what specifically are you going to look for or hearing or expected to hear from powell at 10:00 a.m.? >> it should be no surprise, the minutes came out and the governor on board with a 25 basis point cut. i look at the fed fund future rates this morning, 75% chance it would be quarter, 25% chance it'll be a half 8%. i think there's a way i know three weeks ago the market all laid out a bed and people asking

i like luke, i don't know if i trust luke. [ laughter ] it was great, we had a good time. >> jeff: congratulations. i love luke, i love him a lot. >> how long am i here? [ laughter ] >> jeff: you're done, we're sending you out. "you gotta believe" opens in theaters august 30th. good-bye and thank you to you, you great greg kinnear. [ cheers and applause ] we're going to be right back with janet mcteer! (vo) consumer reports conducts over fifty tests to determine the best vehicles. and only one brand was named the “2024 best mainstream automotive brand” ... subaru. with eight vehicles that are recommended models. outback. ascent. legacy. impreza. wrx. brz ... and 2024 top picks crosstrek and forester. safe. reliable. trusted. loved. subaru. get 2.9% apr for 72 months on a new subaru outback during the subaru a lot to love event. going on now. marshalls buyers are detail obsessed perfectionists. who take quality very seriously. and go to the ends of the earth to hustle the best of the best for you. yes! we get the deals, you get the good stuff. marshalls. your gut is like a

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(luke) marci, we've gotta go. (marci) i'm sorry. (luke) we've got seventeen thousand more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com. introducing new advil targeted relief. the only topical pain reliever with 4 powerful pain-fighting ingredients that start working on contact to target tough pain at the source. for up to 8 hours of powerful relief. new advil targeted relief. nexgard® plus helps you protect your dog from fleas, ticks, heartworm disease, and more... all in one delicious, monthly, soft chew. use with caution in dogs with a history of seizures or neurologic disorders. nexgard® plus: the one you want for one-and-done protection. ( ♪♪ ) feel the power of osteo bi-flex®. taken every day, it's clinically shown to improve joint comfort in 7 days, with significant improvement over time. ( ♪♪ ) how long have you been tracking the value of our car? with significant improvement over time. should we sell it? we hold... our low mileage is paying off. you th

[luke gasping] (marci) no eyebrows? (luke) think of how light it'll feel in the summer.ble is unmatched connectivity and 5g solutions from t-mobile for business. t-mobile connects 100,000 delta airlines employees. powers tractor supply stores nationwide with reliable 5g business internet. and helps red bull revolutionize coverage of live events. this is how business goes further with t-mobile for business. (♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com male announcer: our faith is under assault in america. why are biblical beliefs now labeled hate speech? why are students camping out in protest on their college campuses? why are there two versions of the truth

thanks. >> thank you, luke. ali, i want to come back to you and on this point, luke hit on this too. a taliban 2.0 supposedly. we don't know that ever happened. in the last three years, al qaeda and i sighs have strengthened under taliban rule. can you talk about that, the threat of international terrorism and how they have now safe harbor in afghanistan once again. >> of course. this is a warning we've been given for years, even before august of 2021, when i had discussions with the leader of the assassins fund, mr. massoud. had discussions with him on his trims before august 2021 which he has narrated in his book which came out a few months ago. we warned the international community, we warned the united states and others who were present in afghanistan that the taliban haven't changed, that whenever promise they've made must not be trusted, that these are all false promises, that this is a false narrative that they're selling in order to return to power. and we've seen this after august 2021. now it's evident

(luke) donut shops. how far from here? (marci) no eyebrows?luke) think of how light it'll feel in the summer. we've got to run. eleven thousand more neighborhoods to go! (vo) ding dong! homes-dot-com. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire jack: the u.s. national debt topping 35 dragon dollars for the first time in history. there is no talk of paying it down or holding a study from either vice president kamala harris her former president donald trump with voters heading to the ballot box in just a few months. is it too late to fix the problem, let's take it up with world bank president david now pass. i went back into look at the transcript from the convention back in 1992 bill clinton, george w. bush, there was loads of fiscal mudslinging they were accusing each other about the debt and the deficit in the spending and this and that and the debt back then was $

(luke) marci, we've gotta go. (marci) i'm sorry.sand more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management es, can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily transfer your services in the xfinity app. bring on the good stuff. jack: panic hitting wall street as markets plunged at home and abroad reminded investors to stay

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(luke) marci, we've gotta go. (marci) i'm sorry.got seventeen thousand more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com. >> we will end america's housing shortage. maria: that's all we got on housing from the dnc speech on whatever major platforms solving the housing crisis. we do have a plan that she released last week that includes big promises packed with far left policies that she valves will lead to the construction with 3 million new homes in three years, the national association of homebuilders criticized the proposal this week for not tackling the key issue. there chairman pointed out it makes no mention on onerous federal regulations that drive up the construction cost by as much as 41%. jim tobin joins me now to talk more about that. thank you very much for being here this weekend. give us your take from kalama harris is in touching on what you're chairman said in onerous regulations. >> were pleased to see both political candidates for president tr

luke nichter is a professor of history and the james h. kavanagh endowed chair in presidential studies at chapman and an expert on long sixties time period from the beginning of the john kennedy administration. through the end, the richard nixon administration. he's a new york times bestselling author or editor of eight books, including the one he's going to talk about here tonight, the year that broke politics, collusion and chaos in presidential election of 1968. in a recent review, the wall street journal columnist barton swaim called the book, quote, a delightful demolition, the many political myths that continue to muddy our understanding of that election year, 1968. book is going to be available here tonight in the gift shop and luke will stick around to sign copies for you. luke will be interviewed by jim byron. he's the president, ceo of the richard nixon foundation. i want to welcome jim and luke up to the now. take it away. good evening, ladies and gentlemen, and welcome to the nixon luke. welcome back. thanks. i want to start to

host: go ahead, luke.eople, i have not been to many conventions, but when you do, it is an intense security situation, almost like none other that i've seen. and 1968, they were at an international amphitheater in southwest chicago. that was torn down about 25 years ago. so now, this year, there are two sites. even walking this morning to the studio long grant park, i wanted to stay at a hotel that was near these historic areas, i would say the fences are set up and kind of off to the side and the margins, and, you know, all of their links are not linked up yet, there are extra sections here and there. but there are cadres of police all over, you know, even two in my elevator at my hotel is nigh, riding up and down the elevator. you see a visible police presence, but nothing really happening yet. but it looks like pretty quickly, they could link up those fences and see a lot of big parts of chicago nearby here, if they need to. host: david in florida on our line for republicans. good morning, dave. caller:

i have a lot of sympathy for what luke has said.these conversations are very important but a lot of people, they are talking about it in pubs and at family meal tables. if we can't talk about it on a forum like newsnight we are in trouble. i a forum like newsnight we are in trouble. ., . , . trouble. i totally agree, tim, exce -t trouble. i totally agree, tim, except for— trouble. i totally agree, tim, except for the _ trouble. i totally agree, tim, except for the fact _ trouble. i totally agree, tim, except for the fact that i trouble. i totally agree, tim, except for the fact that we i trouble. i totally agree, tim, l except for the fact that we fall into the — except for the fact that we fall into the trap _ except for the fact that we fall into the trap of _ except for the fact that we fall into the trap of legitimising i except for the fact that we fall i into the trap of legitimising those who would — into the trap of legitimising those who would call— into the trap of legitimising those who would call everyone - into the trap

(marci) ding dong (luke) homes-dot-com.and save hundreds with liberty mutual! (inaudible sounds) (elevator doors opening) wait, there's an elevator? only pay for what you need. ♪ liberty, liberty, liberty, ♪ ♪ liberty. ♪ so tell me about your heart attack. our heart attack was... scary! never want to go through that again. but we could. with heart disease, you never know. so we made changes. green juice. yeah, not a fan. diet, exercise... statins helped. but our ldl-c (bad cholesterol)-it was stuck! stuck! just couldn't lower it enough. and high ldl-c meant a real risk of another attack. so i said, "let's ask our doctor about repatha." what can i say? listen to your heart. repatha plus a statin dramatically lowers ldl-c by 63%, and significantly drops the risk of having a heart attack. do not take repatha if you are allergic to it. repatha can cause serious allergic reactions. signs include trouble breathing or swallowing or swelling of the face. most common side effects include runny nose, sore throat, common cold symptoms

(both lukes) homes-dot-com. we've done your home work. (luke) now, that is worth celebrating!.. very clever. (vo) ding dong! (luke vo) homes-dot-com. maria: welcome back. let's take a look at futures, we have seen another reversal we started the show markets higher across the board infuriates caught a decline dow jones industrial average right now down 58 nasdaq down 73, s&p 500 lower by 13 3/4 clearly fear continues in this market, meanwhile, yesterday we had markets higher, pretty strongly s&p 500 closing out better than % on the session yesterday. best day since 2022 wall street trying to claw back from that global sell-off on monday, originated in japan joining me fundstrat global advisories managing director mark newton we so appreciate you joining us i have been talking about your notes all morning. your research i know that your colleague tom lee telling clients there is growing evidence there a equities made their lows for the summer on august 5, and you had good reaction to the -- better than feared weekly jobless claims do you believe based on technicals that market

i want to introduce you to luke who is o of those people. luke: high, m president. mr.ooking guy. luke: i'm a junior at the university. will bvoting for the first time in november and i'm researching each candidate. i have two questions for you. as i've been living on my own, i've noticed that everything has become more expensive. for me personall i try to eat healthy and stay lean. i also would like to buy a home someday but that seems impossibleow. what is your plan to make more -- life more affordable for someone like me? mr. trump: very good. thank you. [crowd cheering] it's probly the question i get most. they say you vote with your stomach. it's true. greries, food has gone up at levels that nobody has ever seen before. 50, 60, 70%. take a looat bacon and some of these products. some people don't eat bacon anymore. we are going to get energy prices down. this was caused by their horrible energy. wind. they want wind all over the place. when it doesn't bl, we have a problem. this was caused by energy. this was caused by energy and also their unbelievable spending.

host: go ahead, luke. people, i have not been to many conventions, but when you do, it is an intense security situation, almost like none other that i've seen. and 1968, they were at an international amphitheater in southwest chicago. that was torn down about 25 years ago. so now, this year, there are two sites. even walking this morning to the studio long grant park, i wanted to stay at a hotel that was near these historic areas, i would say the fences are set up and kind of off to the side and the margins, and, you know, all of their links are not linked up yet, there are extra sections here and there. but there are cadres of police all over, you know, even two in my elevator at my hotel is nigh, riding up and down the elevator. you see a visible police presence, but nothing really happening yet. but it looks like pretty quickly, they could link up those fences and see a lot of big parts of chicago nearby here, if they need to. host: david in florida on our line for republicans. good morning, dave. calle