let's unpack what all of this min means for markets with richard kelly. chard, great to have you on the show. we didn't see a huge market reaction here. would you expect a bigger one or do you think this is largely priced into the markets with biden stepping back and endorsing kamala harris. the writing has been on the wall for three weeks. >> the markets expected this to happen at some point. you didn't know the timing. there is a lot of talk of the trump trade. i don't think there is much of that in the market. there are still a lot of things to get there. this starts to increase the political uncertainty, if that's possible. >> what is the trump trade? is it the stronger dollar? is it the russell 2000 booming which has unfolded in the last two days? the russell 2000 did not rally all the way through. there's conflicting messages too what can unfold. >> the three big ones are tariff policies and fiscal policies and the foreign policy. you have to wonder about the bull or bear with the growth. >> what do you think it is? >> i think in that case, it is a b

for more on these scorching type richards, let's bring cbs philadelphia's chief meteorologist bill kellyll, good evening. >> yeah, norah, that heat out west absolutely. all ten states, from the coasts over to, say, parts of colorado, under some kind of heat advisory come excessive heat warning. about 116 here in phoenix? 118 in las vegas. even bedford oregon into the triple digits. and not on this map, but death valley, how about 127 tomorrow? excessive heat to say the least. i'm walking over to the eastern seaboard because we have been under a heat wave here, as well. tomorrow, philadelphia, for example, the eighth day they rode 90 degrees or greater, d.c. going to be at 90 degrees. getting a little cooler, new york, boston, 89 degrees, but that is going to come at a cost come at a cost we are dealing with is the threat for severe weather. up and down i-95, that is where the severe weather, damaging wins, isolated tornadoes, and the potential for flash flooding comment about point, the greatest risk of flash flood and going to be in upstate new york, the adirondacks, cutting to new new

host: richard in virginia. kelly in rome, georgia, republican. caller: good morning.nk you for taking my call. there are so many things on my mind. i think the main thing, i appreciate c-span this morning telling the truth and being transparent. about kamala harris. the left gaslight about joe biden being fine for years, and that we weren't seeing what we were seeing with our own two eyes. until they couldn't hide it anymore. now they are trying to do that with kamala harris. she may not be secretary mayorkas, but you can pull the tape up. if the left is going to push her race and gender as the main reason to vote for her, it is not wrong for the right to push back and go, hey, maybe that is not good enough. we know for a fact that joe biden picked his supreme court justice and her based only on race and color. if that is all they can talk about and we can never mention it, that is completely unfair. i thank you for being open and transparent, and thank goodness my dog was quiet today. i love talking to you, but you usually hear my dog in the background. host: what is

richard is on to something. we are liquidity junkies. the fed is going to ease once, we're just calibrating, kelly. so what's happening with the yield curve, what happens when we know the fed is going to go, so i think they go in september. and then you throw in uncertainty, right? 25 basis points, does it matter amongst the political shenanigans we're seeing? i don't think so. so the fed has to ease. we know the fiscal story is getting worse and the candidates aren't going to stop spending. so you put election trades into play. i do think it's easy not to own the long end when you have the uncertainly, more easing, inflation likely to tick up, the containership pricing. you do see signs that inflation is not going back to 1.5. so if the fed is not going to 3.5, i think we've done the right thing. it will be harder from here. i just don't like the long end of the yield curve. it's the wrong place to be. >> i appreciate that. that's what rick was saying, you don't think it's fiscal or inflation, steve? >> i just think that there is a decision that average investors have to think about here. you're l

democrats are increasingly viewing arizona senator mark kelly as an antidote to republican criticism of her handling of the border, michigan governor richard witmer who made of two women tickets and she's not interested. >> the vice president has a great group of people from whom she's went to pick her ready-made and i know i can be the best ally on the ground in michigan as a co-chair of this campaign as well. that is my focus and i communicated that with ever everybody. >> if the map holds where it is right now the blue wall states could give democrat a shot at 270 and that means pennsylvania governor josh shapiro if he were to join the ticket would potentially make for the best chances for them. he will step in for harris in his state and will see how her decision shakes out over the next few days. neil: thank you, jacqui heinrich at the white house. hans nichols joins us, we have 99 days to go in the momentum for the moment is certainly with, here's, you are a good study with the campaigns over the years and it comes and goes with you as momentum and when and what you make of the inroad she is making and strengthening the democratic ba

kelly. because um, you know, the in law and order is not no longer in place and in the you. all right, we're gonna leave it there economist in budapest, metropolitan university professor richard warner, professor, thank you for your time. ok. thanks very much. right to stay with our to international up next on direct impact. rick sanchez reviews a whirlwind week and he was pumped the hi there. you know, there are so many millions and millions of you all over the world who watched the show and reached out and told us so. and you know what, i just want to say. thank you for believing in the truths that we try to tell. i'm rick sanchez. this is the week and review and decided the best way for it is a past the tours for new generation. all our enemies should know there's those who attack israel will pay a very heavy price. just say that that's a joe biden. he's out as a us presidential candidate, at least, and we told you about what happened, what about 5 months ago. meanwhile, his boss addresses congress. i'm rick sanchez. this is direct impact, and this is the weekend review. let's to it the . so let's get started. it's absolutely remarkable how once again in the very last week

kelly in arizona. tim walz could take it in a different direction as well. guy back to north carolina in 2004. i was working on richardr five minutes. we sometimes overestimate the chess pieces. if we do this, then this happens. it's going to be kamala very russ trumpal more than j d. versus whoever she specks. >> i agree. roy cooper has said he doesn't think he can carry north carolina. that said, steve israel, who do you think harris should choose? you've watched all this. you were famously very close to nancy pelosi. pelosi, schumer, hakeem jeffries, they were concerned they could lose the house and that those vulnerable senators, the jon testers, others, would not have a chance with joe biden as the top of the ticket. now there's a fighting chance. who would help most in the important states? >> andrea, i spent a lot of time with my former colleagues in the house and senate last week. there's no question that the vibe is different. there is a vibe now. there's a sense that those down-ballot races in the house and senate will be more competitive where they weren't before. i will say this, i think the choice is base

richards has a preview. >>ms. are on very original. no, i do not want to stop drop and roll with. book is on i kind of a home slams. they like each other hold kelly jones. so whatever happened to the good old fashion romcom. >>scarlet johansen and channing tatum are dusting off trying their hand at one called fly me to the moon. it's set in 1969. it is centered around a slick advertising executive and the one of astronaut launch director for the upcoming apollo 11 moon mission. she has been hired to persuade the public and nasa brass. they going to the moon a great idea. he is the one to be astronaut who is not so crazy about the slick sales person selling is project like a canopy. we need shoot. you mean to fake here's where fly me to the moon goes into big-time routine romcom the sparks fly and a love hate relationship was. >>all with a little history about the early days of the early space missions with a whole lot of predictability along the way. this one is a harmless screwball comedy with 2 very likable stars. it won't go into the romcom hall of fame but does provide a few sweet and funny moments, i give it a dean's list. well, you can alwa