mike mike june was loosened lady now the usa today state was really a little regulating things should be included in a change in your kitchen with iran it's easy to get. the remaining ngs hip. around when i'm at work and hardcore watchers don dominate middle middle east. and i remember my legally. that. if they reversed in a program that will be made problems bigger bigger problems than they have ever had before. compare. this one woman on the latest extended is on some occasions on like a connected to. these easy did a wrong should all stop rainman rains restaurants and and although into and w. know that says one click clicks on on a on a finite set. it's a really really lose you if you are citizens in israeli jails. source unknown that man woman in iran according to a senior man ran into social compared him from office or even though he's only six days on the recently changes nothing coming out of the public. americans impressions are wrong. on that saturday the malls his. ratio to the. originally changing over to rome u. s. u. s. doesn't come rev reference also whih would have an o

june expiration. spending five bucks just to bet on ralph lauren. >> oh, as if >> this ain't versace, mike. to cut costs, mikene 125 call for $1.50 and reduced the cost of his trade to just $3.50. now to profit on this trade, mike needs ralph lauren to rise above the strike that he bought by more than the $3.50 he spent on the trade or above $118.50 by june expiration. but this is a show about risking less and making more and mike's style is known to be rather avant-garde so to cut his costs down even more, mike then sold the june 105 put for $1.50 and created his call spread risk reversal. by doing that, he did something that even the most fashion-forward icons can't do he made making money even easier here's what we mean. between the $5 he spent on buying that 115 call and the $1.50 he collected by selling the 125 call, and the $1.50 he collected by selling that 105 put, mike cut the total cost of his trade down to just $2. now to make money, mike just needs ralph lauren shares to rise above the $115 spike or above $117 by june expiration. >> that is so fetch. >> but of course with every fashion risk there'

mike buchanan. mike, i would like to begin with you. we brought this up last week in the program. ago, june 2017, argentina could come to the market, access them quite easily an issue a century bond. a year later they're requesting imf aid. is this an ims issue, on argentina issue, or do we have a broader em story where things got too frothy in terms of access to markets? mikeink the story with emerging markets right now is that the rapid move higher in u.s. rates is associated with a stronger dollar, and that has caused some technical volatility. it is not surprising that the highest beta play with emerging markets, argentina, will suffer more than the other countries out there. we think the fundamental story supporting emerging markets is still there. these are generally economies that are early in their cyclical recovery, growing at a faster pace than developed markets. generally suppor supportive of central bank policies. inflation with some exceptions that is either stable or in some cases, going lower. so higher yields and supported fundamental backdrop. if we liked it before, you are right, things have gotten cheaper. relative value-wise, we like it even more now. jonathan: lisa, i keep hearing the same thing by investors. if you liked it at the price last week, you'd better like it now because it's bet getting better. is that your take to? lisa: whe

mike. not michael, mike. >> yes. >> jimmy: very good to see you. thank you for coming. "the gong show," i'll see you at "the gong show." it premieres on june 21st, the second season, 8:00 p.m. here on abc. mikebe right back. i'm your phone, stuck down here between your seat and your console, playing a little hide-n-seek. cold... warmer... warmer... ah boiling. jackpot. and if you've got cut-rate car insurance, you could be picking up these charges yourself. so get allstate, where agents help keep you protected from mayhem... . ♪ ♪ protect your pet with the #1 name in flea and tick protection. frontline plus. trusted by vets for nearly 20 years. ( ♪ ) it's the details that make the difference. only botox® cosmetic is fda approved to temporarily make frown lines, crow's feet and forehead lines look better. it's a quick 10 minute treatment given by a doctor to reduce those lines. ask your doctor about botox® cosmetic by name. the effects of botox® cosmetic, may spread hours to weeks after injection, causing serious symptoms. alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness can be a sign of a life-threatening condition. do not receive b

not going to happen on june 12th, with the president cancelling that summit today after spending the morning on the phone with top administration officials, including mike pompeo, mike pence and john bolton. they all agreed that the best step right now is to cancel the summit in the wake of the statement from north korea yesterday calling the vice president a political dummy for his remarks on fox news about the libyan model. an administration official saying that was really the final straw. the president was infuriated about that. but make no mistake, brooke, things began to sour a little over a week ago when north korea released that surprise statement criticizing the united states for asking it to disarm, criticizing john bolton for his comments on the libya model about moammar gadhafi who was overthrown and killed after disarming. in some ways it not a surprise it has come to this. you even saw the president foreshadow that the summit may not happen on june 12th earlier this week when he brought it up just before his meeting with the president of south korea. he said, look, it may not happen on june 12th but it could happen down the road. this historic summit ca

june 12, 2018. let's start tonight with mike tobin. he's in elkhart, indiana from a story inside a gymnasium. good evening, mike. >> bill, people waited hours to get inside this gymnasium. the last of the rallies the president did was in washington township, michigan. a bigger venue and still people got turned away. they came from hours away to be in the same room as the president. for them, it's about being in the same room as their hero. one of them told me is a two for one deal because they get vice president mike pence as well. what the president wants to do is rally and unify the base around mike braun, who you mentioned got the republican nomination for the senate. it was a bruising primary. you have a lot of hurt feelings and division within the indiana gop. so the idea is to unify the base, get them to rally behind mike braun because as you mentioned, joe donnelly is vulnerable. even those he's a moderate, he's a pro life democrat. he has the d in front of his name. he's in the heart of trump country and that makes him vulnerable. so in addition to seeing support behind mike braun, anticipate support fr

mike pompeo addressed the house foreign affairs committee wednesday -- saying the administration is still planning on meeting with north korea on june 12 in singapore. mike pompeo / secretary of state: "our eyes are wide open to the lessons of history but we're optimistic that we can achieve an outcome that would be great for the world."but even president trump has acknowledged the meeting may be in jeopardypresident donald trump: "so there is a very substantial chance that it won't work out and that is okay. that doesn't mean that it won't work out over a period of time, but it may not work out for june 12."and there are still disagreements over things like sanctions. mikempeo / secretary of state: "the sanctions that are in place today need to remain, there is still work to do, there are still gaps in those sanctions."north korea also still objects to u.s. - south korea joint military exercises, and the question remains whether north korea will agree to complete denuclearization. mike pompeo / secretary of state: "our posture will not change until we see credible steps taken toward the complete, verifiable, and irreversible denuclearization of the korean peninsula." something north korea seems to be taking steps to demonstrate -- taking a small group of foreign journalists to witness what they say will be the dismantling of the punggye-ri nuclear test site -- scheduled to happen later this week.in washington, i'm natasha chen. (grant) still ahead... an attack caught on camera with a man using a sledgehammer... what police beileve led up to the attack... (lawrence bay area weather) (gary sports tease) right now, comcast business is doubling your interne

june 12. today the highest ranking official to visit in 20 years is flying into new york and will meet with mike pompeo later this evening or possibly tomorrow. the president and mike pompeo wrapped up a meeting at the hospital -- at the white house. >>> was going to need to happen is they will need to get things in order quickly. there is not a lot of time.. they rushed this. >> teams are in singapore preparing for the summit. >>> police are searching for a man who shot and killed the sheriff's deputy this morning. the sheriff department says it believes the suspect is stephen joshua wiggins. they say he shot the deputy when he stopped his car after reports of a stolen vehicle. he is considered armed and dangerous. of award of $2500 has been offered. >>> eight people were taken to a hospital after an explosion at a ups facility in lexington. people in the area heard a loud noise d felt shaking. it appears to be an accidental explosion. welding tanks appears to have exploded blowing through the ceiling. the fire department posted a photo of the damage to part of the building. crews are expected to remain throughout the day to continue their investigation. >>> a tes

june 5th with primaries in 8 states, including california and new jersey. two critical states where democrats will try to swing seats this november, mike. >> mike: kristin fisherre in washington. kristin, thanks a lot. well, we are dusting off old quotes tonight. here's another. money is the lifeblood of politics. and that leads us to correspondent peter doocy's look at where the two parties stand financially as we head into the summer campaign season. >> as democrats try to mount a blue wave, some republican strategists are dealing with a red alert. that's because committees dedicated to helping democrats flip control of the house and senate have now outraised republican committees dedicated to keeping control. even though there are fewer democratic senate hopefuls, their campaigns are raking in more than republicans. same story in house races where the national republican congressional committee is emailing supporters to donate, quote: to show nancy pelosi we won't go down without a fight. but the g.o.p. knows it's a long time until november. >> money is like horse shows and hand grenades you don't have to have the most just be close. >> dccc is spending $3

mike pence, the secretary of state, mike pompeo and john bolton and president trump then dictated the letter that was addressed directly to the north korean dictator, kim jong-un. the president called off the june 12 summit scheduled between the two leaders, called out north korea for having, quote, tremendous anger and open hostility. the president was complimentary in certain parts of north korea saying they didn't have a, quote, warm dialogue between the two in the last weeks and months, however afterwards, speaking before the cameras, the president directed this warning to north korea. >> i've spoken to general mattis and the joint chiefs and military which is by far the most powerful anywhere in the world, that has been greatly enhanced recently, as you all know. is ready if necessary. reporter: south korea's president moon jae-in was here at the white house two days ago strategizing with president trump for the upcoming session. he called the president's decision today regrettable and president moon said he was perplexed. the democratic leader in the house nancy pelosi contends that the president was not prepared. >> clearly he didn't know what he was getting into and now he's walking away with it. in this chumy, palsy-walesy winner. kim jong-un is the winner. reporter: the white house official is painting a much different picture saying north korea broke several promises. among them both sides were supposed to meet in singapore to hash out logistics, and the north koreans, we're told, never showed up. overnight, a top adviser to the north korean dictator called vice president pence a political dummy. that senior white house official described that as, quote, one of several pretty odd judgment calls. white house officials say language like that from north korea is nothing new. instead, they point to the statement which north korea said there could be a, quote, nuclear to nuclear showdown that ended up being, if not the last straw, certainly one of the final tipping points, liz. liz: blake burman, great to see you. reporter: you bet, liz. liz: more on president trump's letter to north korea, did have diplomatic overtones saying -- here's the president again warning north korea about america's military might. >> no matter what happens and what we do, we will never, ever compromise the safety and security of the united states of america. want to make that statement feel very, very strongly about it. our military, as you know, has been greatly enhanced. we'll soon be at a level that it's never been before. liz: let's bring in a top military expert, retired lieutenant general jerry blakely. good to be with you, general. >> good to be with you, liz. liz: your reaction? >> dictator kim jong-un, who is not prepared to go into a serious negotiation. i think reality has set in. he realizes he was not prepared. he doesn't understand donald trump. he can't predict donald trump, and the other thing is that we see here that the chinese have intervened here and asked kim to back away from this, and not to move quite so quickly. their ultimate fear is a unified korea. liz: whose ultimate fear? >> china's ultimate fear, yes. liz: okay. also the debate in the media, general, john bolton, vice president pence brought up the cash for weapons libya model to overthrow and murder libya's leader muammar qaddafi and kim jong-un got spooked by that. or north korea to blame because they canceled the summit with south korea? got hostile and belligerent threatening nuclear war. who's to blame here? >> i don't know that you can say that anybody's to blame, other than the fact that i don't think kim ever took this very seriously. he certainly went through the motions. he released our hostages. he made overtures, but i think that was all for public affairs benefits, and i think the reality is he never actually decided that he wanted to go into a serious negotiation on giving up his nuclear program, and now, if it is true that his people didn't show up in singapore, to meet with mike pompeo's team, it should be blatantly obvious, he did not want to go through with this. liz: nancy pelosi out in force criticizing the president, general. saying trump was not prepared. white house officials saying noko didn't show up to be prepared for the meeting. let's listen to what nancy pelosi is saying. >> this takes preparation. this takes knowledge. this takes judgment, and clearly, it takes preparation, which the president didn't make. it's clear he didn't know what he was getting into, and now he's walking away from it. liz: general, is pelosi saying our career military and intelligence veterans are unprepared? we're talking mattis, pompeo and kelly. and pompeo has been around since the reagan administration. north korea would not have a nuke. >> no, that's exactly right. and i would question what's her expertise her now, and what gives her the experience to speak in terms of preparedness for negotiation? look, she doesn't know what trump and his team have done. i doubt ser

mike pompeo to deliver. again mrtrump spoke letter to mike pompeo to deliver. again mr trump spoke about what would happen on juneea. our secretary of state has had very good meetings and he is meeting again today. i believe they will be coming down to washington on friday, and a letter is going to be delivered to me from kim jong—un, so i look forward to seeing what is in the letter, but it is very important to them so they will be probably coming down to washington, dc on friday, for the the delivery of the letter. and i look forward to that.|j and i look forward to that. i don't know if you are a betting woman, but do you think it is going to bejune the 12th? it certainly looks that way. it is what the white house keeps talking about. they haven't committed to it. yesterday at the state department briefing he said, look, that decision can still be made, the president can decide whether or not to fly, but it is clear that is what mr trump would like. when the white house gives briefings, they talk about shooting forjune12, and when he makes state m e nts forjune12, and when he makes statements he says they want

mike come pay owe testifying -- mike pompeo revealed that for many days now, as he put it, they had been trying to communicate. the details of this june 12th summit. and they had heard nothing from the north koreans. add that to the comment that was made last night, and you're starting to get a bigger picture of what happened here. stuart: no summit. all right, blake, thanks very much, indeed. you've got to get to the roosevelt room. off you go. see you later. [laughter] we are going to take a short break, but moments from now the president will start this banking deregulation. it's a signing ceremony. but what we want to hear or is about the cancellation of the summit. we'll bring it to you in a moment. ♪ ♪ stuart: the dow jones industrial average down 180 points as we speak. meanwhile, left-hand side of your screen, the white house. moments from now president trump will be speaking in the roosevelt room. we hope he's going to be talking about the cancellation of the summit with north korea. as we wait for the president, i'm going to bring in "the wall street journal"'s dan henninger and also our own judge andrew napolitano. first to you, dan henninger. do you approve of what the president has done in canceling the summit? >> oh, absolutely, stuart. i mean, i think i've said here several times on fox that there was no way that the president of the united states could go to a summit with the head of north korea in singapore and get nothing for it. and it has become obvious in the last week that he was not going to get anything for it. but i think what he has done here has exposed the fact that the north koreans, for the north koreans it's business as usual. they want recognition of their nuclear program, and they were going to want payments for trying to denuclear arize. that's -- nuclearize. the president in good faith went the extra mile to try to get kim jong un to talk about denuclearization. the north koreans pulled back. so nothing ventured, nothing gained. i think we're in the right spot. stuart: actually, the north koreans have been threatening nuclear war. they've hinted indirectly at it just a couple of days ago. elizabeth: last night. stuart: and mike look, we were preparing the ground in singapore. we were asking them what kind of arrangements you want us to make. they got nothing back at all from the north koreans. >> right. and so now what -- we go back to the status quo ante before this happened which was maximum pressure, military pressure on north korea. and i hope the president does not get accused now of warmongering if he puts back maximum pressure on north korea because he really did go the extra mile, praising kim, saying he was going in the right direction, willing to go over and negotiate with him. and the north koreans are the ones who have pulled it back. stuart: we are getting some reaction from the democrats, and we'll bring it to you in just a moment. nancy pelosi has made some statements about the cancellation of the summit. we're just preparing that, getting it dead right. you will see it and hear it momentarily. meanwhile, judge napolitano -- >> i agree with everything dan said. if you know this thing is not go