maria, back to you. maria: thank you, susan. as you mentioned it was another extremely volatile week for the markets. comments from the president about closing the border as well as the saudi conflict, worries about growth, getting impacted by the federal reserve raising interest rates. all impacting investors this week to. my next guest we go for reaction, bank of america global wealth and chief investment officer, good to see you. >> good to see you. maria: thank you for joining us, are you worried about all of these things? >> you get worried when you see a sizable fall. we call it a backdraft. it's pretty much hallmark of a reset. there's a lot of portfolio resets going on between equities and fixed income and specifically within equities, a lot of flow go from the ultraoverexposure to growth back into value. overexposure to u.s., some of the high market cap names not necessarily to non-u.s. but going down the curve, cash has gone up, long duration assets are going down. worried from the standpoint of how quickly it happened

maria: for sure. kevin: probably another allegation, avenatti and more political operatives to delay the situation. my main focus is on just moving the country forward. we have a huge situation here where by september 30th we saw that the federal government $525 billion on interest on the debt. we will spend more on debt payments than we will on our defense budgets by 2023, the cboe -- cbo predicts. maria: this is why the markets traded down. kevin: fiscal concerns. maria: job's report out today which is only going to probably show more strength in the economy, the back drop getting stronger. brian: yeah, this has been such a vicious couple of weeks in this country. it will be good today to get some good news on jobs and to remember some of the underlying strength of this economy and this country because i think for too many weeks here we have been focused on the partisan vicious divide. maria: a lot of hate. it's not helpful at all. big show this morning, jam-packed guest line-up as well as the job's

maria: i see.s awesome. >> they allow you map any of the face buttons, instead of having to move thumb to crouch, you hit the -- maria: love it. this is very cool, you're doing a lot because you have sense ors all over this. one of your biggest collaborations is with porsche, collectors edition control, tell me about the porsche. >> we did fun m program and what we did created user to have porsche logo, the handle in the back, it's a very customized. maria: wow that is cool. >> that's the same -- maria: wow, that is beautiful. what else does that do, i mean, in addition to later handles that's a beautiful thing? >> we licensed ap to microsoft and they pay ul -- us royalties on that. we worked with porsche to create the porsche. maria: 30 to 40% generated in the next couple of months, november and december? >> christmas is crazy. maria: great holiday gift. how long does it take to order and receive customize controller? >> typically, there's rush, typically 7 to 14 days, you can customize in any day

maria: thanks for joining us. i maria bartiroma.ay, october 26th, your top stories, 6:33 6:303 am on the east coast, markets selling off, serious decline underway, and the industrial down 228 points, 1%, nasdaq down 152 points, to at a quarter lower under nasdaq, week results from the technology sector. and they are talking weaker than expected sales and markets down across the board, the s&p down 1%. the cac quarante down to and a quarter%. in asia overnight, similar story, worst performer was korea down one and 2/4%. one stock to watch, snap, ahead of the open, snapchat loses millions of users in the last quarter and it does see more leaving. foxbusiness exclusive, oracle ceo mark heard and larry ellison sitting down for an interview side-by-side for the first time ever. we discussed the company of growth prospects, competition in the tech sector, we begin with this historic relationship and how they coexist and thrive pilot in the world's most influential technology companies. >> we talk there a lot of things. we talk and have a

we are a big-tent party, maria. maria: what do you think?nk what i'm seeing in new york city a lot of people in the democratic party feel they that's they don't have a place to go now that they have moved so far left and we are seeing an energized group of people in the manhattan republican party and it's really exciting for our candidates. maria: you say adrienne, a lot of my friends who are moderate democrats basically say i don't recognize this party anymore and unfortunately i'm not going to be able to vote for this because it's socialism so i will reluctantly vote for donald trump in 2020 and republicans in the midterms. >> well, i think it's still too early to tell what a lot of independents will do going into 2020. we are focused right now on 2018 midterms and democrats certainly have momentum behind them. maria: singer taylor swift breaking silence, andrea about politics saying she's backing tennessee democratic senate candidate phil bredson over gop congresswoman marsha blackburn writing in instagram post as i would like to continue

maria, back to you. maria: thank you so much. a white knuckle week for investors, many pointing to rising interest rates as the culprit behind a huge selloff. the dow jones industrial average gave up 5.25% in two days, the s&p 500 down 2% in two days, the nasdaq up 2 president in just two -- 2% in just two days. president trump calling out chairman powell. >> the problem, in my opinion, the fed is going loco, and there's no reason for them to do it, and i'm not happy about it. i think the fed is making a mistake. they're so tight. i think the fed has gone crazy. i'm paying interest at a a high rate because of our fed, and i'd like our fed not to be so aggressive, because i think they're making a big mistake. it's a correction that i think is caused by the federal reserve with interest rates. i think the fed is out of control. i think what they're doing is wrong. maria: wow. well, the federal reserve did raise interest rates three times so far this year, joining me to talk about that is blackrock's rick reeder, overseeing $1.9 tri

maria: mr.t you have wanted to make the individual cuts permanent from the beginning. is that what this is or is this an additional tax cut? >> yeah, it's even more, so it's really about keeping the momentum going, obviously the economy is booming, we're on track for the first total year-over-year plus 3% economic growth in more than a decade, we're seeing jobs coming back, paychecks going up, main street is hiring again, so the president is really focused on more of that economic growth. the house has passed 2.0 before we left for october, with 44 democrat votes for this three- bill package. it's now over in the senate and i think permanence really depends on this election if republicans are retaining control of the house and the senate next year we will do reconciliation and make these tax cuts permanent. the president wants to go even farther. he's really focused on the middle class. he just believes they're the ones who get squeezed the most. he's asked us and we work with him on developing

maria: thank you. dagen: they can complain about it and they can say, at first they were worried that the individual tax cuts weren't permanent, you didn't vote for it, if you voted for it they would be permanent. they are worried about the deficit and the rising debt and i think it just is hall weapon -- hallow. more than anything else related to the economy importance of health care and also how confident people are feel about futures. maria: health care is, in fact, top issue for voters, choosing house candidate followed close by the economy and then president trump, all 3 very close. they prefer the democratic candidate by a 24-point margin. this is some serious numbers and serious gap, james, does this spell trouble to the republicans? >> it's important for voters to know what the alternative is, you have most house democrats endorsing the bernie sanders' single-payer healthcare model. this is changing health care for every single american. he calls it medicare for all but it's actually medicare f

maria: welcom cheryl: welcome back to "mornings with maria."ber has been killed on the set of tom hanks' new movie, mr. rogers. hthis happened in pittsburgh. police say he may have had a medical emergency right before he fell. filming for the movie has been stopped for the time being. walmart is becoming an atm for pay pal customers literally. pay pal users are soon going to be able to withdraw and deposit money into their accounts at a walmart store. up until now, pay pal users were unable to access cash from any brick and mortar store. there is a service charge of $3 per transaction. check this out. boston di dynamics releasing a w video showing its robot atlas doing parkor. you can see atlas jumping up a series of platforms after jumping over a log. boston dynamics' other favorite robot, spot, is taking a field test for commercial use. the video shows spot navigating construction sites in japan. soft bank bought boston dynamics from google last year. now our favorite robot is in japan doing new tests. i think they're so much fun. i want to a

maria: here again maria bartiromo with the special edition of mornings with maria live from oracle opend in san francisco. maria: welcome back, markets are on edge this morning, investors are watching earnings this week, it is one of the busiest week, the busiest. 3m and caterpillar were big issues, futures this morning show markets will extend losing streak, dow industrials 145, two-thirds of a percent. s&p also down, 18 points lower and the nasdaq almost down 1% after roller coaster ride on wall street yesterday where major averages closed off of the lows, down 126 points on the dow, 31 points down on nasdaq, we continue to get earnings as you see in front of you, in europe this morning, take a look, we are seeing a bounce here in europe with major averages up across the board, ftse is up 50 points, cac quarante up 30 points, two thirds of a percent on both and dax up quarter percent. markets in asia finishing mixed overnight with nikkei and shanghai composite up third a percent, hang seng and kospi lower overnight. more big names to report this morning, sirius radio, we will have num

maria: yeah.bloomberg would have a hard time ahead. >> i think i agree with you, steve, on your point, just on individual merit, he could be competitive, i think. maria: for the dems in terms of the sleight so far. google unveiling new products can new concerns over data breach, we will have full report on that back in a moment. ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. (guard) whacontrolled fury.... freakish intelligence. wicked seduction. these endeavors will rattle your soul... and challenge the contents of your stomach. if that sounds dramatic... it is. maria: welcome back, google unveiling new products including the pixel3 amid renewed security concerns. lauren simonetti with all the details now, another product to us. lauren: i know, another fine, two fines that they are facing from europe, they are appealing the latest one, it's a

maria: i like that. >> great way. maria: a lot happening in sports. of course, then there's the news of the day on the kavanaugh hearing, we will see if we actually get the fbi investigation sooner rather than later, the result offense that. >> that's right, the latest fbi investigation, he's had many of them. this was reopened and a number of witnesses being interviewed after they gave statements to senate committee and one of them at least leland keyser has no memory of alleged events. maria: she was christine blasey ford's best friend and dr. ford kept bringing her up but leland says no recollection. we are waiting for results to have fbi probe. south dakota senator and member of service committee is here to give us update, rnc chairman rona mcdaniel is with us along with senior adviser to clintons mark penn, fox news judicial analyst judge napolitano, and dr. mike is here as well talking about the flu season with dr. mike as well. stay with us on that. we will get right to stop story as you see the numbers on the screen, looks better than expected

maria: against? this happened a while ago, they chose to do business in china while canceling contract with pentagon. >> brand new, they would do it if the cloud operations were going to be handled by multiple companies but they didn't want to be part if it was just on their own territory because the ai, they don't want to be involved in ai ware -- warfare. maria: sundar met in washington and let's say let's take out bias off work. >> are they prerp traiting a fraud on all of this by saying this is are algorithms and unbias platforms and you look at own tweets. maria: yeah, we learned a thing or two about the fbi investigation over that as well. dagen: we have seen with this user-data breach that the wall street journal uncovered and the fact that sundar pichaia was breached, a lot -- this was google plus, but a lot of people don't really know how much of their information google has access to, they control 90% of the snearm this country and with facebook 60% of the general ad revenue in the nation a

maria: yes, you have!at the right time, the faa extension, the opioid bill, increase in healthcare funding. we are getting a lot done but no one is able to see that because of so much noise and so much coverage of that noise. clearly, i chaired the inauguration. i was there and in charge of that day. i said, what we are really good at the country where we set a standard for everyone else is the transfer of power. but this is an election with the side that lost, has not been willing to accept the transfer of power. to be the reliable questioner of what is going on, but not to challenge the constitutional opportunities that are there. you know, just trying to get under secretaries of this and that of the other confirmed for the senate has been almost impossible and the supreme court just shows how far think the other side is prepared to take this. maria: and by the way, it seems like the kavanaugh fight has brought the never trumpers -- even those that did not accept the president of the republic inside got

maria: yeah. dagen: i just want to point out the viewers at home when they hear the story they think one thing, 15 of of the 19 hijackers were from saudi arabia, we haven't come that far, have we in terms of -- people understand the importance of the relationship with saudi arabia given the rising power of iran and iran's relationships with nations like russia and its present manipulation with hezbollah in syria even with the rebels in yemen, nevertheless, it's a reminder that you cannot trust saudi arabia. >> well, you can't rely on them. you can certainly try to find a way to work but you can't rely on them because they are not ready for prime time in many ways no matter what the good intentions are. we must not forget as dagen points out the enemy above all is iran, there's no question, that is the case. maria: right. jon: can you size up the geopolitics here, seems like the united states is in strong position and the saudis are in weak position, they are double-digit unemployment, we have a fr

maria: wow.: apple up 30%, it's also not just the hard-core costs rising for businesses but just the valuations that they get hacked by higher interest rates. >> they got ahead of themselves. dagen: a little? >> netflix with subscription services, that's what netflix is, they are doing things to keep on going. did enter bear market territory recently down 20% from high, still up 70% on the year to date, what are your members saying? >> yesterday i was in a meeting with 12 members and we are trying to put this together. a monotheme is durable innovation, competitive motes, whether amazon is up or down today it's still the only place you can put a shopping center on your desk, facebook is the only place you can connect to 2 billion people, they will have ups and downs because pricing got ahead of themselves, i wouldn't react to market moves right now. our members are looking long term. maria: i agree, the fundamentals are there, the question is how much will you pay for that fundamental. >> a lot o

maria: for sure.i guess there was one claim yesterday that they found out that brett kavanaugh threw ice at somebody. that's what we got so far. we will talk about that coming up. joining the conversation white house chairman kevin is here, former presidential candidate herman cain, general jack keane, the president and ceo of the phoenix suns here jason riley with news. we are getting started with earnings out. pepsco out with earnings, the beverage and snack double beat, 1.59 on revenue $16.4 billion, numbers better than expected. lindsey bell, you're talking about earnings, what's your take on pepsco? >> they haven't missed earnings per share since 2008. 16 companies have reported, it's a very low number so far but 14 on the bottom line ten on the top line, so so far the quarter is good, once again every quarter it may be more importantly, this quarter the outlook isn't what's going to really matter especially in the wake of tariff situation in china. people will be looking to see how that's impact

maria: yeah.y this hour, due process attorney general rod rosenstein, many finally appear before house investigators on wednesday, of this week behind closeddoors, in classified setting transcybered this comes house judiciary chairman goodlatte tells me he plans to get to the bottom of the fisa warrant allegations justice department, with withholding claims refute collusion. >> a lot of evidence to support, mr. ratcliffe's statements we want to ask mr. rosenstein about that, he came in to this matter at the later end, but he was involved. with this approval of the third renewal of the fisa warrant application. which is basically requesting a court in secret to approve a wiretap on an individual who is a united states citizen, and this went on for a full year the last three months of which mr. rosenstein was involved in the approval of that so we have questions for him about that. and we will be sure to ask plenty of questions regarding it. >> joining us right now byron york fox news contributor wa

maria: welcome back! house republicans expected to hold a closed-door interview with rod rosenstein this upcoming week. this follows new revelations in the congressional probe into the department of justice handling of the investigation into the 2016 trump campaign. leslast week james baker reportedly said there was another source feeding fbi information.before they launched a probe of the trump campaign. republicans are calling it a bombshell. >> some of the things that were shared were exclusive in nature. i mean i could not believe that i was hearing some of the testimony that here in the united states, that the doj and fbi were involved with. >> during the time prior to the election, there was another source give information directly to the fbi. which we found the source to be pretty explosive. maria: this additional source, his being attentive it is michael sussman. a former doj prosecutor with thanks the democratic national committee. they say he reached out to the fbi to provide documents on russia

maria, back to you. maria: a white knuckle week for investors, many pointing to rising interest rates as the culprit. the dow jones industrials gave up 2.25%. the nasdaq giving up% in two days. president trump called out chairman powell on several occasions. president trump: the problem in my opinion is treasuries and the fed. the fed is going loco and there is no reason for them to do it and i'm not happy about it. i think the fed is making a mistake. i think the fed has gone crazy. i'm paying interest at a high rate because of our fed. i would like the fed not to be so aggressive. i think they are making a big mistake. >> i think the fed is out of control. i think what they are doing is wrong. maria: joining me right now to talk about that and a lot more is blockrock's rick rieder. blackrock overall $6 trillion in assets management. thank you for joining us. what a week it was. assess the situation for us. what do you think went on this week? >> it was the most of volatile week. not a lot of liquidity.

maria: happy weekend.come to the program that analyzes the week that was and helps position you for the week ahead. i'm maria bartiromo, thanks for joining us. it was a big week for technology and earnings. we had earnings from microsoft, amazon, alphabet and texas instruments reporting amidst worries of a slowdown coming in the week ahead. fund manager dan nice laid out -- nice laid out such a she mare owe. >> what you've seen in general with boeing being a pretty big exception is that a lot of companies are guiding much lower. i'll give you an example. texas instruments reported last night, and i think they're one of the best indicators in terms of global health. they do about $16 billion this revenues, $100 billion in market cap. they missed revenue expectations for the first time since fourth quarter of 2015. so it's been almost three years since they missed the top line. they talked about every major end market slowing down, and they weren't sure when it was going to stop. analysts kept on trying to g

maria: to you. dagen: we can talk about midterms and what happens after the november elections, so much to discuss. maria: it's really close now coming to midterm elections, we thought first a blue wave and then red wave, we know that this is going to be neck and neck. lee: it really is going to be neck and neck, i think there's key race that is we have to look at in key state that's important that we will talk about later. dagen: can't wait for that. also the president's interview last night on 60 minutes. maria: i thought he did very well with the interview. dagen: you're not -- i'm the president and you're not. [laughter] maria: i loved that one that was hilarious. i'm the president and you're not. i have a big show coming up. joining the conversation pennsylvania congressman scott perry is joining us this morning, former connecticut senator united against nuclear iran joe lieberman is here, a lot to talk about with him with the international stories of the day. former arkansas governor mike huck

maria: happy weekend. welcome to the program that analyzes the week that was and helps position you for the week ahead. home depot co-founder and billion area investor ken langone. but first, connell? reporter: some trade news. the president agreed to an historic trade agreement between the united states, canada and mexico. repealing nafta and ending months of disputes between the three countries. he hopes congress will approve it it's expected to take effect january 2020. the u.s. economy adding 220,000 jobs in september. the unemployment rate is the lowest since 1969. 3.7%. the dow and s & p closed the week in the red. general electric shopping wall street monday ousting john flannery as chairman and ceo. the stock soaring on that news, closing well into positive territory. the fight for 15 makes its way to big tech. amazon raising its minimum wage to $15 an hour. it comes after the company came under fe f working conditions. maria: an historic agreement, the united states and canada reaching a deal on a

maria: mr. know that you have wanted to make the individual cuts permanent from the beginning. is that what this is or is this an additional tax cut? >> yeah, it's even more, so it's really about keeping the momentum going, obviously the economy is booming, we're on track for the first total year-over-year plus 3% economic growth in more than a decade, we're seeing jobs coming back, paychecks going up, main street is hiring again, so the president is really focused on more of that economic growth. the house has passed 2.0 before we left for october, with 44 democrat votes for this three- bill package. it's now over in the senate and i think permanence really depends on this election if republicans are retaining control of the house and the senate next year we will do reconciliation and make these tax cuts permanent. the president wants to go even farther. he's really focused on the middle class. he just believes they're the ones who get squeezed the most. he's asked us and we work with him on de

stuart: seize the day, maria. maria: you know it.ing for talks with mexico's leadership and he's laying down the law. stop the charon or else the money flow dies out. there is a plan and the un will that the migrants at shelters new mexico from the border and it's up past