my name's mike bull fortunate arrivals. can find refuge in must in the grounds. as this one, there are 37 other people find room with relatives like begging jam and her husband who escaped the southern city of laska dela, the hand of water. there were bombs falling all around my house to the left and to the right. i didn't know what was going on. having worked for both the government and overseas aid organizations, she's afraid she's now a target for the taliban piece and we did out of mind media. hey, i had a good life there. i was thankful to god. i don't know if i can ever go back. i want this, this is what it is. it's a dilemma facing many from all parts of afghanistan with the one goal of getting to cobble, but not knowing what happens after that. rub mcbride out his era, couple plenty. morehead, on the algebra news our including economies in europe are emerging from the pandemic, but many are facing a new crisis. we'll look at the situation in another line, bangladesh, seeing deforestation at nearly double. the global average will look at the impact that's

my name's mike bull fortunate arrivals. can find refuge in most in the grounds. it's this one. there are 37 other people find room with relatives like begging jam and her husband who escaped the southern city of laska dela, that the hand of water, there were bombs falling all around my house to the left and to the right. i didn't know what was going on. having worked for both the government and overseas aid organizations, she's afraid she's now a target for the taliban piece and we did out of mind media. we had a good life there. i was thankful to god. i don't know if i can ever go back. i want, as it was, the, it's a dilemma facing many from all parts of afghanistan with the one goal of getting to cobble, but not knowing what happens after that. robert bride al jazeera couple marian, a tie is a women's rights activists enough on the stone. she says the future will look grim for african women. if the taliban are able to catch a couple, people are really suffering. this situation is wars of money. millions of people have been displaced from salt water and also from the notch and

mike: yes. bitcoin is discounted to the bull market. if it just follows ethereum, it goes to $100,000. iley: mike mcglone, thank you so much. we were talking about the slowdown in china. short seller carson block says investors have not taken into account the market risk inherent in china. in an exclusive conversation, he weighed in on china risks and the rise of the retail trader. >> when you have passive buyers of more and more the float, it doesn't create an upward effect on stock prices, it creates a convex upward effect on stock prices. layer on top of that retail buying, increasing these gamma squeezes. you just get this crazy disconnect in a number of stocks between the actual economic fundamentals and what the stock price is doing. the saving grace for people such as myself, when it comes to meme stocks, they advertise it openly that they will squeeze it. we are no longer ignoring that. we are very attuned to where retail traders are talking these things up. we don't have so much capital that we cannot get out of the way, knock on wood. i am not so much worried about that but th

[laughter] mike: bitcoin is a discounted bull market.in a good base around that $30,000 level. it has good resistance around $40,000. at the new regulation is very profound because the u.s. is basically embracing it with regulation. china is pushing back, banning it. to me, it is a new cold war developing, and that is good for bitcoin. if the u.s. is not going to do much to it, the key things that are securities are digital dollars area that is the key thing to remember, the most widely traded cryptos on the planet are digital versions of the dollar. tom: if bitcoin is not a currency, i think we can agree it is not gold, and gensler is saying it is not a security, than what is it? mike: it is the best thing in the world for traders. it is not artificially stimulated, but the key thing to remember is it is becoming the digital reserve asset in a world that is becoming digital. it is major competition for gold. even as ray dalio said this morning, it is a good portfolio diversifier. it fits very well in a bond portfolio, maybe just 5%. mik

i know mike wilson, his colleagues some real caution about this great bull market. lisa, i think the end note is really important. he speaks there about beginning to frame up what september 3 looks like and then trying to figure out in some way what jackson hole and what the fed will do. lisa: there have been a number of studies coming out showing the states ended the enhanced unemployment benefits earlier actually saw consumers spend much less. it didn't necessarily get into the labor market that much more quickly. there is a question of how much of a drag on the consumer this will be. it's highlighting that degree of uncertainty at a time when the delta variant, yes it's on the wane in certain states, how much are we looking at the potential for this to dampen some of the jobs market momentum we have seen so far, tom. tom: it will be interesting to see. taylor, your thoughts, on getting to the jobs report and the market that's out two standard deviations plus. it's amazing linkages right now. taylor: it is amazing as you think about where we are in terms of the bu

bull. every hammer plow, makes them look less credible. elizabeth: okay. congressman mikecia and colonel james thank you for joining us. >> we'll stay on the white house peacece -- press briefing, we'll stay on coverage of isis suicide bombing in kabul. what itat means for americans in the i world. with us next gold star wife jennie taylor, her husband was killed in afghanistan, and former navy seal derrick who did two tours in afghanistan, stay with us, you are watching the "evening edit" on fox business. but as we've evolved with the military, we've grown to serve all who've honorably served. no matter their rank, or when they were in. a marine just out of basic, or a petty officer from '73. and even his kids. and their kids. usaa is made for all who've honorably served and their families. are we still exclusive? absolutely. and that's exactly why you should join. over the years, mercedes-benz has patented are we still exclusive? absolutely. thousands of safety innovations. crash-tested so many cars we've stopped counting. and built our most punishing test facility yet,

mike: one thing i appreciate is when people get bearish support. fundamentally, it is still in a good bull key take away is, what happened in d.c. last week -- short-term is not favorable for some of the legislature. it was a sense that our leaders are going down that rabbit hole that a lot of bitcoin people did a decade ago. this is not silly internet money, this is serious. the key thing that most people are pointing out here is that digital dollars, the most widely traded crypto's on the planet, and it is because of bitcoin and his capitalist system that the world is going to dollars and not the euro or the yuan. that is the sense i'm getting. a lot of positives. how can we make sure our leaders understand it? amanda: understand it and also get their heads around, in order to control the currency, you need to control that. central banks will know that this is currency circulating without their control. where is that on the agenda, if trying to rein it in at all? mike: that is the thing about bitcoin. there is a question about whether it is a currency. people here look at it as a digital

mike wilson. i am looking at the terminal, and it is telling me this is a bull market, as we heard from jon golub yesterday. that is just one of the microcosms of innovation, and life goes on. jonathan: new iphones with reportedly a camera upgrade. you've got to tell people what the news is. tom: new iphone toys. you know, they are going to do new stuff for the iphone. we are all going to have to go out and buy them. but life goes on for corporations. but i do pick your point -- i do take your point, their may be some market erosion. jonathan: higher costs, higher price pressures. lisa: if you wonder why tom keene keeps calling for everyone to get a raise, maybe it is because vet bill is getting an iphone. the sentiment among u.s. small business owners fell in the read that came across about an hour ago, basically reversing the gains we saw in june. this does stem from some of those input cost increases and the pressures they are feeling there, so it is having an effect as the outlook starts to turn over a little bit. jonathan: unchanged on the s&p 500 this tuesday morning. your bond market, 1.31

mike brown hands up and don't shoot. that was a career. she was out in front of the mccloskey's home with a bullreaming you can't stop the revolution and praised antifa for all of the work they did in ferguson which burned to a crisp. she said if the january 6th rioters were black they would be shot dead. there was someone shot dead. ashli babbitt who was white. i looked at her profile on social media it's a mess. she does the pronouns there. it's all for attention. she is on netflix in a squad documentary. everything she says is about racism. she is like a robot for racism. push the button and raches! -- racism. >> that was good commentary. one thing she is having a moment this week, the house of representatives did not extend the eviction moratorium because moderate members said we don't are not doing this and she demanded they do something that is not legal and they elevated her again. >> she is competing with alexandria ocasio-cortez and rashida tlaib, she has to ratchet up the insanity. she has to turn the lunacy to get more headlines and attention. aoc said we need to abolish our prison sy

close to a record close mike, despite these records, volumes and breadth making the report highs far from resounding. >> it's a bit ambiguous under the surface. top line -- this is a bullve a lot of excuses that are offered today's action, though they're kind of accounting for the whole up side, so it's a carousel from group to group that continues to turn by the way, earlier, i said the s&p was up week to date. for the month so far, it's up a percent and a half, serious respectable given the history of returns this time of year. >> stephanie, we have a hotter ppi number we have talked about it a lot 1/2 past but in light of everything that's swirls, it does hover near the record highs. has it changed anything is delta cases and concerns there, and now we've got some fed numbers, we're talking about tapeers to mike ace point, it's been rotation based on what's happening on the macro what's happening on the macro, there's a lot of good data in the last week we've had not foreign payrolls wages up a quarter percent, because the consumer is 70% of our economy but that is very positive for cap ex cycle and forward earnings so it's explaining that growth is real. we're not

it's up 17% and the s&p 500 for 2021, it's up 60% to 2020 so this bull market keeps on churning that's for sure. great to see you, miket. mark tepper i'm so happy you're sticking around. we have more to talk about these markets with you. we'll see you soon, everybody. thank you. much more ahead this morning. coming up, democrats are calling to defund the police, how's that working out. they're also hiring their own private security. why hire your own private security and defund the police for the rest of us. former nypd commissioner ray kelly is here. we'll talk rising crime, what needs to be done and vice president kamala harris' popularity problem, former senior advisor to the clintons mark penn weighing in on the crisis dinner that reportedly took place to figure out how to spin her negative press. and then it is jobs friday, we're breaking down everything you need to know about the july jobs report coming up. it's all right here, starting at 8:00 a.m. eastern. joining the conversation all morning long this morning, dagen mcdowell and mark tepper. we're going to get back to this fantastic panel when we come right b

mike, i'll turn to you in the last few seconds here. quick thoughts on where we stand right now? >> market fully embracing this idea that taper is not going to hurt this bulloing higher, and powell kind of walked the line pretty well. >> s&p almost touching up 20% for the year tech check starts now. >> developers, developers, developers, dwemers. developers, developers, developers, developers yes. >> good friday morning welcome to