mr. stuart: yes.we have seen emerging markets take a big chunk of the demand over the last two years and they have exceeded expectations when it comes to oil demand. when they be able to offset oil demand falling anywhere else question mark -- anywhere -- everywhere else? mr. stuart: why i am laughing is yes, they were exceeding expectations, but not our expectations. the emerging market growth pace is decelerating some, but the emerging markets throughout our fine. this above-trend episode has been developed-market driven. it is the developed markets as a tell went, not a headwind. we fear with brexit you will get into a headwind situation all over again -- below trend growth. that trend is slower, less pronounced rebalancing, if you will. scarlett: we also have to consider the unexpected supply disruptions that helped to lift oil this year. we cannot forecast more destruction, but that could play unit with little at these levels. yeah, because as a forecaster, you could also say you have to be kind

stuart: what scares me, mr., i've been to turkey many times, it looks like they could move to the other middle eastern nations, chaos and ruins in the city. maybe that's too far. >> it may be worse than that. with a strong power who has purged the secular generals from the military, he could actually establish a caliphate, if that's the direction he chose to go in, which would be more than the isis caliphate. we've seen in the past days, his first international meeting post coup is vladimir putin of russia. and the risk is that this is another step moving turkey out of the nato orbit. stuart: what a society and what developments. mr. ambassador, thank you for joining us, appreciate it, thank you. it's clearly a tense situation in cleveland, protests are expected. our crew there on the ground given gas masks and body armor. we'll give you a live report on that. the dow industrial is trading now 20 points higher, islamic terror overseas and racial divide at home and still, here we are at record levels for stocks.

. >> stuart andrew. >> mr. speaker, growing up on the counselors states, it was tough coming out as a conservative. [shouting] i understood then that i did now that the conservative government delivers real social mobility. does my right honorable friend agree with me that it is the job of this government, despite the opportunities for the people of britain because the party opposite are too busy fighting each other? >> my honorable friend puts it very well that if you look at the conservative ventures as he says, we have conservative numbers of parliament rather than counsel. conservative members brought up a single parent families. the chairman of the conservative party is a former minor. .. simon hall, i welcome my bright honorable friend to this place and match her this afternoon. could i tell my right honorable friend the last week when i met local energy representatives they understood what we were doing about this and the needs of agriculture and british parliament our friend and center in those discussi

mr. trump has enough flashy for two people and may be a balance in the dynamic. stuartlusion though. >> those are the things that could argue for that, but i wouldn't lose sleep if he was the choice. stuart: okay. got it. >> taylor swift was, i would. thank you. [laughter] >> i don't believe she's a possibility actually. >> that's probably a good sign. [laughter] >> all right, players of a popular new mobile game sweeping the country. walk outside anywhere. pokemon go. people playing are are asked not to play at the who will cot memorial museum, okay. a poison gas pokemon character keeps showing up and what's this? >> this is a-- one of the game's icons that people are clicking on and it is a big backlash on social media against that. and it's not just by the way the holocaust museum where pokemon goes to play, it's also arlington national cemetery. the thing is, this game, i tell you they're spending more than 43 minutes playing, that's more than instagram and snap chat. >> how many have been playing? >> between 5 and 10% android. it was going up and now it's pulling b

stuart: has he given you a hint. >> this is all for mr. ump to reveal and when he feels the time is appropriate, but i will tell you this, i think everybody's going to be very happy with the pick. stuart: that's a platitude and a half and you know it. [laughter] . >> i think everyone will be very happy. stuart: hold on a second. i want to bring you this, bernie sanders is hitting the campaign trail with hillary clinton, yes, together around 11:00 eastern time today. it's going to be in new hampshire. here is the question, how strongly will he actually endorse her? a ringing endorsement? louise, he's already dragged her way off to the left? >> she is and i think she's going to have-- when she's actually nominated. i think that he's going to pile in strongly behind her because a weak-willed endorsement would look pathetic. what choice does he have? >> she's gone with him to the left. >> and so has the democratic platform. stuart: and so has the democratic platform. >> because of him. stuart: he's dragged her to the left on college funding. >>

mr. trump or stuart varney, or sean hannity or anyone else on the earth.ime to change a little, okay? >> phil robertson, now i'm beginning to understand why your television show is so popular. that's good stuff. phil robertson we want to thank you for being on the show, a timely appearance and i know you'll be watching with us. i think tonight's trump speech, by the way, will be the most watched political speech ever and we'll be watching. thank you. >> we need, we need-- we need a big change and i think trump's the man to do it. stuart: yes, sir, thanks very much, good stuff. check our big board, we're only down 31 points, that's all we are down. we've had seven records in a row. we've reached well above 18,600 and we're down 30-odd points right now. 18,562. will you look at that. we say this every day, what in the world is going on? chaos everywhere and the market keeps rallying, how about that? coming up, second hour of "varney & company," donald trump seeks to unify the period of time atten big thing tonight, as trump stakes the stage, western women ra

stuart: does the campaign run media training for spokes people for mr. sm by my boss host it had apprentice. stuart: that smile is good for our viewers. >> thank you, always a pleasure to be here. stuart: see you soon. check the big board. we are up a big more. we opened pretty flat, 17980, 21 points from 18,000, almost a full recovery from brexit. now this, pentagon is ending band on transgenders allowing them to serve openly. lieutenant west is with us now, what do you make of this, you're a military guy, you've seen it? what do you make of this? >> good to be with you, happy independence day. in the after math of the second islamist terrorist attack, 49 americans lost their lives, the response has been gun control, climate and now to lift the ban on transgender members in the united states military. now this is happening when we have the deadly, the highest level of aif vagues mishaps occurring in the united states military to the point where maintenance crews are going to museum to get parts to keep flying. when was the last time you heard of a blue Á

stuart: i want to change that subject for a second, mark. you were in the convention hall last night and i'm sure you saw the speech by mrs. p, if i can call her that. >> yes. stuart: what did you think of it? there's some criticism this morning, i'm sure you know about it. what did you think about it last night? >> i thought she did a wonderful job, she spoke from the heart and she spoke the truth of how she felt. and you know, they come back and criticize or compare because you're similar. i think it's nit-picking at something that doesn't matter. stuart: i think we agree with you on that one. ma mark, thank you for joining us. >> thank you very much. stuart: i want to take another look where the market is opening this morning. just 12 and a half minutes from now. we're down a tiny fraction and we'll be well above 18,500 when that market opens. down maybe six at the opening bell. no big deal. that's what i say. i'm going to update everything from turkey where president erdogan wants to bring back the death penalty for failed coup plotters, the death penalty. next, the left attacking melania trump's speech because of a sim

stuart. >> in 17 for the next president of the united states of america, mr. donald j. trump. >> the republican governor of kentucky, matt bev vein, delivering 17 of the state's votes to donald trump tuesday and joins me now. governor, welcome. have you formally endorsed donald trump? >> thank you, stuart. i have never officially endorsed a candidate in any race ever in my life, but i have been very clear, while i was not actively supporting anybody in the primary, it is without question i will be voting for supporting and doing everything i can to make sure that donald trump gets elected. he is far and away more qualified than hillary clinton. >> what does donald trump have to do tonight to get the enthusiastic support of the whole party? can he do it? >> i tell you, i think the enthusiasm will be here one way or the other. no question. what i think needs to happen to reach out to those who may still yet not be convinced we need a broad and clear vision, substantive pillars that support meat on the bones. i think it's what we deserve and the voters are ready. >> you wer

stuart: some reaction has been coming in in the last half-hour from the u.k. the new prime mr. there, theresa may, says britain -- the new prime minister, theresa may, says britain stand shoulder to shoulder with france. johnson: t the appalling instance represents a continuing threat tocontinuing the whole of europe, and we must meet it together. thank you very much. the only information that i have is that there is one u.k. national who was injured. stuart: boris johnson, britain's new foreign minister. ministercting prime expressed his sympathy. >> france will have all of spain's cooperation to protect the people and punish the terrorists. nobody isat completely safe from barbarity, which was until recently unimaginable, like the one last night in nice. we are facing a global threat, and that demands an integrated global response from democrats. mariano rajoy there. this is the latest in a string of terrorist incidents in france. we will talk with doug herbert onset. why do the terrorists have france so much in their sites. start with ato disclaimer, that we have to be reall

stuart: now the prime minister of france, mr.rance must learn to live with terrorism. i take it, jeff dewitt, you would completely reject that? >> absolutely reject that. and it comes from letting people into the country by the tens of thousands as obama is doing and clinton is doing without knowing who they are from terrorist countries. we have to vet the people. if we move people from terrorist countries shouldn't anyway, should know who they are. anybody who comes into the country we should know who they are. bringing people in, putting them in neighborhoods, we'll see them again. this form of attack, take a truck over a crowd of people was previously in al qaeda paperwork, terrorism manuals. this will happen here. this is going to keep happening all over the country. it shows the power that a single bad individual has to wreak havoc on the public. we can not allow even a single bad individual into this country. we must know everybody, who they are, before they come in, that is what donald trump want to do. that's what clinton

mrs. clinton. this bodes very, very well for donald. stuart: more on that poll in just a moment as well.hat times poll, by the way. on this program tomorrow at this time, we will know, and you will know, who is donald trump's chosen vice presidential running make the. now, there's a lot of speculation about this. i don't know who's going to be the pick. what i expect is political theater leading up to it. like a reality tv show is going to say this is the -- it's going to be really interesting. >> a showman, and he really knows how to build expensed. so it might be none of the above. i can see donald trump playing with us on all of these people and then coming out tomorrow and saying need my meet my new running mate oprah. liz: john kasich. >> i wouldn't go that far. liz: i know. >> but it literally could be none of the above, and he could be playing a very interesting game here. now, the conventional wisdom is it's likely to come down to either governor pence or newt gingrich. and both of them i think have their strengths. everyone has badge when they're in politics for a while. stuart:

mr. trump if he goes after it to get up as close to 40 as we saw with reagan in the 80s. stuartssman thank you for addressing the question head on. we appreciate that congressman. thank you, sir. check that big board down a bit further. i said no selloff for the beginning of the program well this is a modest selloff down about 90 points at this point. now, this, an out of control fire out of los angeles spread to 33,000 acres. this is in the santa clarita valley. but man is burned in his car pounds. mandatory evacuations are underway right now for thousands of people. and this, another mass shooting in florida. at a nightclub, two people dead, new details emerging. pope francis is going to poland to support the migrants. the polls want to keep them out. the pope wants them in. this after a syrian migrant killed a polish woman in germany with a machete that woman was pregnant. jonathon morris moments from now. [hip hop beat] ♪olympics 2016, let me get you on my level. ♪ so you never miss a moment, ♪ ♪miss a minute, miss a medal. ♪ ♪ why settle when you can have it all? ♪ ♪soccer

mr. trump spent the weekend kind of working and met with them and getting down to the final few. stuartnot on it. absolutely not. you're shaking your head. that's a blow to the republicans. ohio is a must-win state. >> yeah, i think there are other candidates, mike pence or newt gingrich would fill that void as well. if you just look at somebody like newt who would immediately, you know, trump is poll in the 70's, and he needs to poll in 90's. and you need to win your party. newt gingrich, has been the speaker, in line to be president, rebuilt, someone like that or mike pence who brings in the conservative base and indiana is like ohio, very important states and they're like sister states. stuart: bottom line from this interview, the never trump people are finished. >> finished. stuart: finished. >> bravo. stuart: that was clear, very clear. all right, hillary clinton, oh, not out of the woods entirely in the series of scandals that have hit her. now, the focus turns to the conflict of interest within the clinton foundation. we're on that story. the state of our nation, our country divi

stuart: i want to bring in james woolsey. mr. ambassador, director i should say. overwhelmed by terror. they just don't have the manpower to cope with this threat. but he say? >> it is not just the terror directly. it is looking like it's coming apart. you had brexit, the italian braking system, five centuries or so ago is certainly not going well for them. you have a priest getting murdered in the midst of serving en masse. what has to happen before the european and the americans recognize that radical islam is at war with guys than we need to deal with it. stuart: do you think europe is close to communal strife? by that, nativeborn french people attacking migrants, attacking muslims. are we close to that? >> we are close to and to some extent already in domestic conflict of different types in europe. we are not quite there yet in the united states, but we have our own stresses. the racial issues that have come out in the convention then the leg. i think that every morning i wake up and i think maybe the headlines in the paper are broad and really sometimes in th

mr. trump missing a golden opportunity? getting the answers on "varney & company." about to begin. >> . stuar stuart: liz: much more on the fbi director hearing in the hour. and futures are lower, in a holding pattern probably until the jobs report tomorrow and we also have a key measure of the market recently, it's the yield and the 10-year treasury. look at that, near a record low. we're going to get the latest read on mortgage rates next hour trending as well. look at gold and silver. investors settle worried, and sending those metals higher. mcdonald's will make the mcgriddle part of the all day menu and that stock is up nearly 30% since introducing all day breakfast. can't beat that. don't forget about amazon, that could be our horse race stock of the day. near a record high. next week, it's amazon prime day. meaning christmas in july for amazon. and guess who we have joining us, louise, let's talk about the broader market. fear seems to be back, because the british exit vote and the breakup. you see the german bund yield. what do you think? >> i think it affects european markets more than brit

stuart. >> bret baier is still with us. john just informed us there is no teleprompter set up in the ballroom at the hilton hotel, so i guess mr. trump is going to speak ad lib. that's what people want, isn't it, that's when he's at his most entertaining, correct? >> reporter: it is indeed. i think my point is that i think there will be some kind of scripted or at least bullet point introduction of mike pence. i don't think this is going to be a free flow deal at the very beginning. i'm sure that he's got some things he wants to say. i agree, stuart, that he is most comfortable in his own words. i asked him the last time i sat down with him just a few days ago about this and whether this was the change. and he says, you know what, i don't really love teleprompters, they're okay. i asked him if he's going to use a teleprompter in his speech here at the convention, and he said yes, unfortunately, i think i am going to use the teleprompter. but you're right, he likes to fire up the crowd. one point that john said, they're probably going to campaign separately. not only campaign separately but they'll fund-raise separately. once y