debt is too much, local government -- all of that is where the main issues are. >> i hear the nay sayers saying why should i trust that. what's your answer to them >> the other thing, you can check against private sector data, so the gdp number you take it as a head line number do what you want with that but with the other data, you look at the consumption, that stuff or auto sales themselves from company data, and that's what we've done. we sort of looked at things like airline passenger data and that comes from companies themselves. you can see some resilience in those from companies or private sector data as well. >> let's move on to the second part of the nay sayer's argument one, they don't trust the data two, they say if i do trust it, it is terrifying it is terrifying on expansion of the size of debt at municipal and corporate level and ultimately state level 277 debt to gdp, it is there or thereabouts as well. what is response to that >> the thing is you get the same criticism of that figure, the 270% in economies particular china and political circles. you can pretty much match.

in tiny sayer, oklahoma where the only doctor is 87 years old and the sole hospital closed last year, kathy benson relies on medicaid and feels abandoned by the president she voted for. >> when he said on the campaign that everybody deserved the right to good health insurance, i think he should have stuck with that. as it is right now, a lot of people are being looking to him as a turn quote. >> reporter: it could shake even the president's strong oels supporters. tonight conservatives trying to build support for a plan to allow americans to buy cheaper insurance that covers less. meanwhile, the vice president saying if the republicans can't get to 50 vote, the white house will push for a repeal that doesn't replace obamacare. lester. >> kasey hunt at the capitol tonight. >>> turning overseas, iraq's prime minister declared victory over isis in mosul, finally retaking the city from the jihadist group, but now there are fears the isis terror threat could grow elsewhere the nbc's richard engel is on the front lines. >> reporter: tonight, the biggest city in isis's so-called islamic stat

there are a lot of nay sayers saying her hair was too long to be her in that photo. >> it's an updated is questionable. they are citing other evidence in this documentary that backs up their theory. but i don't know. this has become such an industry of making tv shows about what happened to amelia earhart. and we just don't know. >> they say some of the plane parts on the marshall islands appear to be like those of the plane she was flying. an eyewitness claims seeing her and noonan after they supposedly died. all right, we have more news for you coming up. big mystery. now." informing insomniacs for two decades. "world news now." informing insomniacs for two decades. >>> making news in america this morning, happening now, president trump on the international stage delivering a major speech in poland before heading off to germany for the g20 summit and a face-to-face meeting with vladimir putin. >>> a developing story. senators facing health care protests at home this week, but will positions be changing when they go back to washington? >>> caught on camera, a woman apparently being ki

sayer: i would just like to we are in a situation where the poor are getting poorer and the rich are getting richer. is republican party itself only making things worse. -- makee trying to everyone equal than let's call a duck a duck. guest: you bring up a good point. i think inequality really is the issue underneath everything driving the anxiety in the country. we have had 30 years of people in places like ohio they haven't seen a raise but they've seen their energy bills go up, their education costs go up and a lot of other expenses go up. the wages have been stagnant. their pensions are more insecure than they have ever been. the concentration of wealth has gone primarily to the top five or 10% of the people in the country. that is a moral issue in a lot of ways but it's also bad economics. cut thatd for this tax the republicans are proposing because from all accounts it is going to go primarily to the top 1%, 5% of the people in the country and in a situation where they have accumulated both of -- most of the income gains in the last 30 years. that is not really fair. i was here

even though there were nay sayers who discouraged her almost every step of the way. >> think of negativitynd, you know, really believe in yourself. there were so many times people said, oh, i don't like your logo. why are you launching online? people will never buy online. in this was 12 years ago. we launched with one retail store and an e-commerce site. they said that was absolutely the wrong way to do it. i think if you have conviction and you go with your gut and you really believe you're answering a need, that's when it works. >> in 2015, forbes listed burch as the 73rd most powerful woman in the world. but behind the scenes, she knew her company was starting to suffer from growing pains. >> unless every ceo i have spoken with told me about this point and i didn't really buy into it until in retrospect i definitely had that point at ten years. and i just had this feeling that things were different, things were happening, technology was taking hold and we needed to really address the next ten years of our business. it was about putting in the right infrastructure, putting in the right

to sayer acosta had about the jobs report of the best way to create more jobs in the future.is bloomberg. ♪ david: this is bloomberg markets, the trump economy. it let's check notable movers this afternoon. are starting with the tech sector here. analyst comments coming out positive on twitter and paypal. coming out saying that they are making positive product changes in that it is going to ultimately end up in ad revenue growth. paypal saying they likely won't be acquired and they will come in and build their own p payment system. these are the movers i'm looking at. we're talking about the jobs report. i wanted to highlight the staffing companies making moves today. the workers come in and reenter the workforce. those payrolls came in higher than expected. it leaves me to my final chart. your's is record number of people coming into the workforce and getting employment here. that is why we are seeing the participation rate ticked up a little bit. something we talking to with the labor secretary. >> let's turn to the labor economy. 222,000 jobs last month. colleague talked.

there are a lot of nay sayers saying her hair was too long to be her in that photo. >> it's an undated is questionable. they are citing other evidence in this documentary that backs up their theory. but i don't know. this has become such an industry of making tv shows about what happened to amelia earhart. and we just don't know. >> they say some of the plane parts on the marshall islands appear to be like those of the plane she was flying. an eyewitness claims seeing her and noonan after they supposedly died. all right, we have more news for you coming up. big mystery. >>> this is abc's "world news now." informing insomniacs for two decades. >>> good morning. i'm nick watt in for kendis gibson. >> and i'm diane macedo. here are some of the top headlines we're following on "world news now." >>> the u.s. is vowing to defend itself and its allies against north korea with military force if necessary. but officials also warn that countries who trade with north korea could face repercussions. full details ahead. >>> and senators visiting their home districts are getting an earful from const

incredible gift if you want to get out, this is your chance to sell into strength i hate the doom sayers who right or come on air saying sell, sell, sell, after the market has cratered thanks for nothing now is your opportunity at the high if you want to bolt here's the bottom line keep days like today in your head remember these are a reminder, a reminder that patience can and does get rewarded. occasionally the market elects to do what's rational, not what's stupid. isn't it a delight to watch it unfold let's go to greg in illinois greg >> caller: boo-yah, jim. my question is following up on your comments on yesterday's show about retail and the way to survive is to merge. i was wondering what are your thoughts about the agreement between walgreen's and riteaid and picking up 2100 scoreckinto that smart >> merger is not really happening, which is why walgreen's stock doesn't do well thank heavens i said go. but you know what, merger would have been great for everybody. may i speak to neil in new jersey, please >> caller: hi, mr. cramer, thanks for taking my call. a quick question, i ha

some nay sayers say it never would have been reached and iran is not in compliance. president trump is expected to certify that iran has done just that. remember, this is the deal he threatened to rip up calling it the worst deal ever. he said dismantling it was the number one priority. joining me is javad zarif. pleasure to have you on. >> good to be you. >> four senators including marco rubio and ted cruz wrote a letter in which they said iran is not in compliance with the deal and they argue you're still akw acquiring nuclear materials you're denying the inspection body access to the facility and operating more centrifuges than allowed. what is your response? >> when we negotiated the deal we decided to make it the only accepted body to monitor the implementation of the nuclear side of the deal. they have verified seven times now that iran has implemented the deal faithfully, fully and completely. unfortunately, we cannot make the same statement about the united states. the united states has failed to implement its part of the bargain. >> specifically, what? >> fo

. >> i think that people who are nay-sayers and kind of try to drum up these doomsday scenarios are,m, i -- i don't understand it. i think it's really, um, negative and in some ways i actually think it's pretty irresponsible. >> today musk shot back on twitter saying, quote, i have talked to mark about this. his understanding of the subject is limited. zuckerberg has some experience with ai. he worked last year on developing a system to help run his leads and home. >>> there's a comic book taking california by storm all about breaking away from the united states called "calexit." a man brought his book to comic- con last week and sold out the first printing of 25,000 copies. he got the idea for "calexit" before the 2016 presidential election. he says it was actually inspired by britain's "brexit" vote. but he tries to draw parallels between the book and the reactions to the current president. >> there's a fictitious president. he is autocratic, he passes an executive order to deport all immigrants and california refuses to enforce it. >> this edition of "calexit" the first of a five-

. >> soothe sayer, dan >> look at you >>> microsoft reports after the bell on thursday the options marketves. mike breaks down the action. >> the average move in microsoft is typically a little over 4%. that's approximately what they are expecting in the options market we have for the entire month now seen bullish floss culminating last friday with 164,000 call-up. people reaching out to the 76 strike that's 4% upside >> is he in a tanning booth? he's working it. look at the side-by-side >> son's birthday. spent time by the pool >> darker than i am. >> for more "options action" check out the full show friday at 5:30 p.m. eastern time. >>> still ahead, chipotle has a new alheth scare we'll have a special report on "fast money" right after this. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you

matter of fact, buy with both hands stock at 49, then proceeded to jump to 79 con founding the nay sayersy tied up in coke ca col la showing that energy drinks are here to stay. once again i would have been shaken out of this stock's move if it weren't for him and his chart hand holding there are a lot of variations of these different triangle formations look at this chart big move up. citigroup. everybody hate today in june, 20 the lows kept getting higher but the high stayed the same he loved this. this is what's known as a wedge pattern. collins finds it reliable. we've also had tremendous success following the works of callin you can't not mention her on this show. the queen uses patterns found in nature we also like the work of carly garner who uses work from the trading commission to examine when too many hedge funds are leaning the wrong way on a commodity. they can kco-exist make peace with them both and you'll make more money than if you're blind to one more than the other and certainly to both. "mad money" back after the break. a used car, >>> hey, in charts you're looking for t

. >> good morning, sayer yachlt mixed performance for stocks the europe wrapdz up the final trading daybut just check out the outperformance of the ft-se 100 fueled by the miners such as anglo-american take a look at glencore, all having a strong day. why? data showing chinese construction activity rising to the highest level since december of 2013. that helped lift iron ore prices to a four month high you also have economic data on the horizon. it is well below the ecb's target of just under 2% but still better than expected unemployment in the region falling in june to the lowest level since 2009 a big story this month has been the euro extending the gains to a fresh 2 1/2 year high against the green back the july rally sparked by expectations that the european central bank will start to scale back on stimulus in the current months euro up 3% in the dollar against july but the stronger euro impact on exporters, a major reason why the european stock 600 underperformed the s&p 500 this month. keep in mind though data that traders have been chewing on, reuters monthly asset allocation su

what do you say to the nay- sayers who think you're late to the game?i think we're on the crest of the wave. i think that others have proven the viability, and we can be in that marketplace on the crest of the wave when the world wakes up to the value of electrification. >> reporter: in menlo park, kiet do, kpix 5. >>> a final look at the grass fire that's burning in east san jose. the city opened their emergency operations centers and the berryessa community center as a shelter and information center for those who are being evacuated. we spoke with an evacuee moments ago. take a listen. >> a boy was coming out of his panicked because his house was burning. i was scared. on the way out, we forgot our little doggy. >> we have crews on all sides of this fire and we'll have updates throughout the evening online at cbssf.com, live reports from the fire zone ahead on nightbeat on kbcw 44/cable 12 at 10:00 and then back here tonight at 11:00. >> rest assured they're throwing everything at this. good night. announcer: it's time to play "family feud." give it u

sayer: i wanted to something to her but she was a child. and her grandmother was there. looked at the grandmother, she turned her head like she was ashamed. this is what you taught her. fran froms go to south carolina, on the line for republicans. caller: i just wish that people would think before they speak. -- we have such a bad attitude in washington. both on republicans and democrats. there is so much scandal from the last administration on down through the years. presidential working. you take john kennedy, he was a wonderful man, but there was scandal attached to him. roosevelt, scandal attached to him. correct --ave courage and people will build up scandal, we have a black man as a resident and they try to build up scandal against him. there are people who are supposedly seasoned people in washington that do not live according to the golden rule, they are not sincere, they do not believe in turning the other cheek. kind to are just not one another. we need more kindness. yes, we need direction, but we need a soft voice. thank you. , if: we will switch gears you ar

not to sound completely like a nay-sayer on the federal question. there are things that the federal government can and should do. on school choice. and absolute first thing that they should do is look at the 1.3 billion dollar impact aid program and instead of just sending it to districts to give it instead to military-connected children. children of military families, service members. give to them in the form of an education savings account. immediately we're talking about roughly about 800,000 kids who would immediately be eligible to exercise school choice, if we made impact aid and esa system instead. so choice for military families. and desperate need of choice for children who are relegated to underperformed bureau of indian affairs schools. make d.c. an all-choice district there are things that the federal government can do that are completely appropriate that respect federalism and that would do a lot of good for a lot of kids. i'll sort of embrace the premise of your question which is should we be focusing mainly on the state and local leve

. >> you can't let the critics and the nay sayers get in the way of your dreams.uess that's why we one. >> honestly, it went all the way back to the washington monument. >> we ought to change it from the word swamp to cesspool or perhaps to the word sewer. >> but the point is, do you think that it is appropriate that he talks like this to these audiences? >> look, president trump is going to communicate the way he's going to communicate. i any that's part of his appeal, the fact he doesn't have these canned sound bites and he's not going to sound like a typical politician. president trump did have some very strong messages about faith and resilience. yes, did president trump make the speech fun? did he not sound like a typical politician? did he work in a little bit of jabbing the previous administration? absolutely. at least president trump went and spoke to the boy scouts. it had been since 2005 since a sitting president had gone and spoke to him. good for him for doing that. as they showed the visuals of all these kids, these kids were excited, pumping their fi

in tiny sayer, oklahoma, where the only doctor is 87 years old and the sole hospital closed last yearnson relies on medicaid and feels abandoned by the president she voted for. >> when he said on the campaign that everybody deserved the right to good health insurance, i think he should have stuck with that. as it is right now, a lot of people are looking at him as a turncoat. >> reporter: an issue so personal it could shake even the president's strongest supporters. conservatives led by ted cruz are now trying to build support for a plan that would let people buy cheaper insurance that didn't cover all of those essential benefits that obama care provides. meanwhile, mike pence yesterday was saying that the white house if they can't find 50 votes will push for them to vote on a strictly repeal plan without a replacement that could potentially be a risky political move. yasmin. >> thank you to casey hunt for that report. >>> new business where the white house announced yesterday evening it would nominate randall -- to an important position to oversee the banking system. gemma, this is t

needless to say, we can't sayer enough about mary fan francis barry and the other panelists as well.this is a very powerful panel this needs to go on the road. i'd also say not just from thef perspective of politics and prose, we know that while and how we missed her. but we live in a celebrity to culture. it seems to me whether video, music or other people you bring along and with harry belafonte who has been here, with his >> i adore him. >> you have to reeducate the young people. this is who they are, this is who is in the struggle. i can still visualize the fill another people being trained in the movement and how to do with that and how to protect the women in training camp and how to hold their body so they cannot be insured users to win there would've been ideas for people to sign up. for somebody to take it and do something with it. several of us are advocating for more. just as i challenge you to get 45 to the national museum of african-american history and we culture but he did go that week. >> he stay for five minutes. >> no i think it was two hours. >> there's a lot of th

who was a vowed nay sayer for this and he helped next and had them sign a loyalty oath that they would ratify the u.s. constitution. now, in the second talk i talk a lot more about it, but i am letting you know the impact of what he did. it was victory yous six weeks later. hamilton speak three to six hours a day. just really incredible. during the first presidential term, what did hamilton do? he led the implication of the u.s. constitution. that's a pretty bold statement. if you look at the constitution, it's an awesome document. this is the whole constitution that runs our whole government. here is section two. this is the executive branch. it tells you how old you have to be. it tells how we get rid of you and your basic responsibilities. but we don't have a functioning government. this is a promise. someone had to figure out why we wanted to do it and why it was better than other options. so hamilton -- and how did he do that? one, he changed the whole balance of things where the legislative -- where the big deal up until then. hamilton said no. we have difficult problems. we have

certainly telling us something different based on what copper and bond yields are maybe than the nay sayers. >> that's for sure good to see you, mark, thanks. >> thank you very much >> thank you, guys 20 minutes to go the senate expected to take up a series of health care votes this afternoon. kayla toush has the latest, kayla. >> the votes are going to include a vote on a stand alone repeal, or a repeal and delay. and then that will be followed by an effort by the democrats. a vote to so-called recommit the process back to the committee level where they would start with hearings and start basically from scratch that is expected to put some pressure on moderate republicans who have been critical of the process thus far but neither of those motions is expected to pass that's going to create the need beginning tomorrow to cobble together a bunch of amendments and build a new bill from scratch, and that process is what senate majority leader mitch mcconnell has said he hopes to wrap up by the end of this week. the white house is still in hard core sell mode with the president tweeting again hi

what kind of things could sayers to those credit rating agency —— what sort of things could those credit going to be i think, certainly is going to be i think, certainly lenders have been lending a little too easily in recent times. it's a little too easily in recent times. it‘s really a question of restriction, restricting the amount of credit available out there for people who can‘t fles searl afford it. the head of the financial conducts authority has written in —— the financial conduct authority has written in the times and talked about consumer debt rising. how serious is this? it seems to be a big issue at the moment. the bnk of england raised their concerns. they estimated the amount of —— bank of england raised their concerns. they estimated the amount is going up about 10% in the last year or so. with the uk economy moderating slowly, questions have to be raised whether consumers can actually afford to pay this? are banks making lots of money out of these arranged overd rafts ? lots of money out of these arranged overdrafts? they are. customers are paying a fixed fee. if they go

i think people or nay sayers are trying to drum up the doom's day scenarios i don't understand it.really negative in some ways i actually think it's pretty irresponsible. i have to watch him on facebook live he was literally in his backyard barbecuing with pros i wi-- priscilla. they were doing briskit. they couldn't get it hot enough. >> in between -- >> in between they were chatting about a.i. >> he was chatting with the people in a very modern kind of way. anyway, this morning about two hours ago when most people were still sleeping, at least on the east coast, that is, musk responded on twitter tweeting the following. he said, "i have talked to mark about this his understanding of the subject is limited." fire another twitter user said the tech titans should write a blog post on the topic to which musk responded "movie, on the subject coming soon. take that for a little bit of a tease. >> elan already talked terminator or something. is that the movie he is talking about? if mark zuckerberg can't figure out how to work his grill, maybe he doesn't understand artificial intelligen

you have to admit, president trump all of his nay sayers and critics say he is not going to bring itdelivered a speech in poland. in putin's front yard no less. that was very critical of russia where he not only sounded presidential but he sounded like the leader of the free world. and for those democrats who are concerned that trump has not been critical and hard enough on putin, i think all of his actions, what he has followed through on his rhetoric and really proven that he has taken a hard line approach to president putin. abby: adrian, threats are not letting this go. they are still convinced that president trump was in on all of this. he was colluding with russia to help get elected but yet still no proof of anything. >> right. that's why there is ongoing investigation. multiple ongoing investigations actually looking into this. john podesta is right. why in the world is donald trump in the most important meeting on the world stage that he has had so far as president, why is he tweeting about john podesta and hillary clinton's server? there are so many more pressing issues goi