scott martin is here.ought receipts, folks, will high inflation stop people from spending money this holiday season, a retail expert jan rogers is here, he's got something on the outlook can't wait to hear it, next. ♪ transaction increases avino's resources to over 290 million silver equivalent ounces. avino silver & gold. - [narrator] if your business kept on employees through the pandemic, getrefunds.com can qualify you for a payroll tax refund of up to $26,000 per employee, even if you got ppp. and all it takes is eight minutes to find out. then we'll work with you to fill out your forms and submit the application. that easy. getrefunds.com has helped businesses like yours claim over $1 billion in payroll tax refunds. but it's only available for a limited time. go to getrefunds.com powered by innovation refunds. charles: so in classical mythology, there is a horrible six-headed monster that lived on a rock and this is on the narrow straight, and this was on a whirlpool on the other side. these days i've

joining me now, kings view asset management cio and fox news contributor or scott martin and nicholas wealth management ceo david nicholas. it's great to have you both here. scott, your initial read on markets today. few quarter, new month, final quarter of the year. >> new frontier maybe, cheryl. i mean, honestly, i think this market is due for a nice bounce. i like how you and connell set it up. my goodness, is connell so good at his reporting. he's laughing, i'm sure, at me and with me in the sense of this is getting laughable in the sense of how the markets and bearishness is completely going wild. and your setup is perfect about relating it to '08, relating it to all fear and anxiety in the banking system for something to to come. do people forget what happened after '08? yes, or we had to get through it. there were some terrible things, bank failures, homes repossessed. but my goodness, after we got true the storm, we got to a much better place for the markets and the economy, and i think this is no different. we've talked about how when the markets go down like this, cheryl, as

not building as much is the fed causing next housing crise, here with me fox news contributor scott martin with the naughty body. >> thank you, i love it. we use words. s fed is causing a lot of this. in a sense borrowing cost issue, you mentioned housing prices and rise yet the suffering in sales, this one issue that a lot of folks see there are still homes that folks top buy but versus january of this year, that home price has gone up and borrowing costs gone up too. kennedy: harder to get's manumortgage when interest rates are this high, double hard for first time buyers. >> triple hard, if we can say that on air, all other costs in their lives have gone up, i have been known to over spend at lunch at taco bell, my daughter's hamster food, scouty at home, 40%. kennedy: is that true, what are you feeding that rodent. >> some version of taco bell food, everything up is crazy big and the homebuilder. the idea of cert supply issue, the builders are backing off because they cannot get funding and seeing demand dry up. kennedy: they were pinched in 2008 there was too much inventory, they got

the inflation reduction act, joining the conversation all morning long this morning mark tepper, scott martin, mark i think democrats think if they say it even a is going to believe it weaver they say yeah inflation reduction get onboard. >> there is absolutely no proof it reduces inflation, at all. and this was another biden blunder white house has to walk back we see this day after day after day, obviously, he is pushing student loan thing through via executive order nancy pelosi few months ago said he couldn't do it, it required an act of congress, but one thing that bugs me they continue to compare the student loan handouts, to ppp program, there is no comparison there, small businesses were forced by government to shut down. and small businesses employ 50% of the private workforce here is how math works when with your forced to shut down base owner your revenues go to zero therefor you can no longer pay expenses which include paying for 50% workforce. so, if we wanted to avoid a 50% unemployment rate the ppp program was necessary nobody forced people to go to college, and to get a useles

to scott martin on this. it is interesting, what they think the fed will do, they are saying it is even money for big rate hike in december, the money goes against it being too big, not like we get next month, 75 basis points or less then that, do you think they are betting correctly? >> the tide turns almost daily and it is right, the fed is starting to realize, from market performance not only inequities but also as the 10 year yield which is the falling precipitously all week as discoveries have been rallying, they are figuring out housing numbers, consumer spending or confidence numbers they need to take the choke out and that means a slower rate hike pace, 50 in november and maybe another 50 or 25 in december and let this phase out and see where the economic data goes. they can add more rate hikes if they need to or step off completely the beginning of next year if the economy is soft. neil: what if they are dialing things back? we don't know that and we are making hunches but what if we have got it wron

scott martin, a puff of parent's eyes and even the '87 crash and we've also got emily roland with us,ock management. both combine their ages and they're not close to me, but anyway, i have to move on. [laughter] >> scott, october, what it's telling us thus far. because, it's putting in heady advances here, now, i don't know if they last and i don't know if this is a head fake or what they call a dead cat bounce. what's going on? >> markets are heading off, let's say, neil, that negativity and i think it goes to show you sometimes when sentiment gets so bad and so negative and so clear, the market's going to take another dive down, usually it does not. to your points of october and typically a rocky month to use your words, this october looks pretty smooth and i think it's because of the fact that the market has gotten ahead of itself when it comes tt negativity in the economy. so one of the things out there, too, neil when it comes to consumer numbers and susan lee talked about it in the package there, some of the big tech spenders and advertising dollars that are flying up. the econo

partner mark tapper in the kings via wealth management investment officer fox business contributor scott martinntlemen good to see you both, thanks very much for being here. mark is anybody buying what this president is selling? >> no i think people threw in the towel at least a year ago. it seems like he actually doesn't even really nobody saying at this point but it somewhat amusing but scary at the same time that the dems continue to point the finger at the republicans. it's like the shaggy it wasn't me play in the playbook whether it's defunded the police, the bladen that on republicans whether it's inflation the blaming that on republicans, recklessly spending is getting blamed on the republicans and what was it 30 days ago, 45 days ago the student loan handout situation. obviously that's an inflationary measure all that is highly reckless. it is weird that they continue to not understand the throne policies are decimating the economy. maria: i just think the trying to say and they think people will follow despite the fact that the democrats have improved and spent $5 trillion sending infl

scott martin, kingsview asset management. we also have carol roth, former investment banker, war on small business. carol, if you think about it that was a war on investors period 35 years ago today. a lot of people said there would be a long stock market winter. it would take years to recoup that. it was less than a year. reflections on this day, what do you think? >> some people look at it as the anniversary of the market crash but i actually look at it as the anniversary of monetary policy gone wild. this is when the greenspan put was put into place. the idea under the fed chair they would make sure the markets would be supported, do whatever they could and it really led to the increased boom and bust cycles. bernanke after him, yellen, powell have done much, much more, to me this is the anniversary of the change in the importance of monetary policy in the market. unfortunately i think that given that, given what the fed is doing right now, there absolutely could be another situation like this. neil: now the difference you

with me now, kings view wealth management cio scott martin and chief strategist katherine roone y. with you. coming into the week the pace of negative earnings warnings was less than the prior three quarters, and everyone is looking of course now, one of the general things that i hear from all of the guests is that earnings are too high. they are going to be a disaster. from a contrarian point of view be setting us up for positive surprises? >> definitely, and i think i've heard that for a few quarters running now charles so either it's not going to happen and that could be good or it does happen and stocks get over extended to the downside and that's when folks like you, me, and krv cam in, and buy it and i'll tell you what that's the one thing i have an issue with. a lot of the stuff, great interviews today, dianne was very good, ed yardeni, awesome, but charles a lot of the things we talk about these days are getting factored in aren't they? kind of getting known, and the things that really screw up markets these days, is when stuff comes in from out of the left field, the black

let's go to scott martin and jonathan honecker, brilliant with a read on this market. to you first on the oddity of accepting good news for what it is. what do you think? >> is that a good news piece that reinforces the president's rhetoric? a few weeks ago, months ago saying we have the strongest economy in the world, the world as he said, exact quote but we are in a recession, don't want to admit we are having and we have two negative quarters of gdp, crashing business confidence. neil: no apologies for anyone but the reaction to that is a consumer stay plants people are buying, not just me buying the read, other people are joining me as well. but then the stubbornly strong wholesale inflection report which shows inflation really isn't budging after these rate increases which shows somewhere we are falling apart with the consumer. >> the problem with the rate hikes, got to let them cook a little bit and permeate the economy. the fed is fast and furious and have to let that affect prices, not just looking at 2 or 3 weeks, to see what happens with prices, you need to l

i want to bring in strategic wealth manager scott tepper and kingsview cio scott martin.ook at that jacket. look at that jacket. >> i wore the tie. >> look at the tie. charles: so unusual to be loved by anyone. >> that is our band, we're warming up. charles: tom jones type stuff. i got to ask you, mark, i look every day and i see all the firms have the checklist when the bear market is open, over, rather. you have a checklist and nothing's checked. nothing, nothing, no -- >> a million, there is a chance? come on! >> what is that "dumb and dumber"? >> you better believe it. >> the dxy needs to start coming down. that is the dollar index. the vix needs to come down. we need the fed funds rate exceed cpi. there is a lot of things we need to start checking off before we have some conviction a bottom is in. on average bear markets that last nine months are down 38%. we're down 20, 21% right now? charles: right. >> we haven't come anywhere near that i think there is further to drop. charles: scott, you like at least the last couple weeks you like the action? >> i do, like gary

scott, 35 years old. martin, 14 years old. nicholas, 17 years old. allen, 37, jamie, 14. chris hixon, his son has mental challenges left the courtroom. luke, 15 years old. cara, 14. gina, 14 years old. joaquin, 17 years old. alina, 14. meadow, 18. helena, 17, alex, 14, carmen 16, peter 17. the families said they didn't want to focus on the gunman. they will not say his name. they wanted everybody to remember who it was that was killed that day. today, we wait to hear what the families have to say whether they think the jury heard what they hoped they would get and clearly did not. >> thank you so much, kerry sanders, for your coverage of this. david, you practice in florida. we know the judge was ready to pronounce sentences. then we heard the families want to have their say once again. does she have any real power here now that the sentence -- at least the recommendation for a sentence has come down? at least one juror in each count said that they thought that the mitigating circumstances were more than the aggravating circumstances, can she still impose the death penalt

we have temperature at 62 in scotts valley, 69 san martin and were shocked in in pacific grove in the mid fifties. these temperatures are anywhere from three degrees warmer to three degrees cooler than 24 hours ago. and the winds have been under 10 mph, but once they pick up this afternoon, they'll clear out that fog a little bit more except for the media seashore, so it is a friday. we do have some drizzles still lining the coast. check out our future cats and you can clearly see clouds don't go anywhere today. i wanted to point this out tomorrow afternoon. look at southern california. they get all the fun. they have some rain. by saturday be the recipient of some drizzle all associated with that very deep marine layer that's been roughly about 2000 ft. deep october is what they're calling it. we usually this is when we bask in the sunshine in the city, and we're not seeing that kind of a weather pattern all the way through the weekend. in fact, with a thickness of this depth of the low clouds and fog, we're going to bring the temperatures down tonight. 47 degrees in santa rosa 54 fr

and i got to know martin luther king's widow, coretta scott king, and she taught me a lot.e in this country, we have four major challenges. number one, end slavery. number two, end jim crow. number three, achieve civil rights. and then she choked up and she said, and number four, the real reason they killed my martin. achieve economic inclusion. and she said, byron, they didn't kill my martin over the speech "i have a dream." they killed him over the speech he gave at stanford university "the other america," where he said there are two americas and one america has access to opportunity, education and economic inclusion, and the other america doesn't. there are two americas, and one america will not survive. and from that point on, i decided that i was going to dedicate my life to building the world's greatest media company to help effectuate change for the greater good and to achieve one america. >> byron allen also told me about his failed bid for an nfl team and why, no surprise, he's more determined than ever to buy another one. you can catch my full interview with byron

scott, grand rapids just last week. so this was a story that was hard to tell. martin luther king was using technology and relying on the technology of mainstream media to tell the story of what was happening on edmund pettis bridge. we are going to show the lynching the same pictures they use in postcards we are going to use to stir outrage. it's not an equal chance but a fighting chance. >> the question that comes to mind, you mentionedri grand rapids. there's -- cam video, cell phone video, home surveillance video, there's all this as it relates for all of their ubiquity they are not necessarily a guarantee that justice is going to be served. they are not necessarily even a deterrent. >> we have, i think we both recognize this area the miracle of the video and what it can do. we've also began to recognize the limits of video such that our book is called seen and unseen. two people can look at the same piece of video and come to bdifferent conclusions. thisua in some senses is analogs to the historical roots that we bring outoo in the book. your eye is a don't come c

then i don't mention morgen hills, 49 san martin with fog is 50 that is called scotts valley, boulder the forties and you find a little w cruz was down to 52 now. 53 fog. fog fog, zero the santa clara valley. morgan hill, san martin, down to guillory, hollister and pretty thick as well on the coast, santa cruz watson ville down to salinas and also to moderate so you can see the band of its solid santa cruz on the coast over to gilroy. there's the morgan hill, san jose fremont on the peninsula as well. low cloud deck even northward. not there are more breaks to the north, but you can see extending over san pablo bay. vallejo american canyon. napa st alina one. oh, one, nevada, petaluma, santa rosa up to healdsburg. that is a big push on the fog for october, and there's just so much gray out. i mean, it's just as far as you can tell. look at that until you hit southern california, then you'll find some clouds 56 high and mid level clouds and even some rain down there. 50 60 seventies eighties almost a mini may pattern here. i mean, they're most locations are in the sixties seventies. bu

with no real plan, i happen to look out the window and was passing more doctor martin luther king and his wife, coretta scott to make this a better country. i also prayed because in just two days, the russian government will hear the appeal of an president wnba star, brittney griner. she was arrested in february, accused of carrying hashish oil while boarding a domestic flight. griner who recently turned 32 years old, pleaded guilty to the charges and the judge sentenced her to nine years and president. i'm gonna pray for her release, i'm gonna pray because i think that we cannot have any situation we're around the world people are used as political bonds. that's what i believe she is to make points. so, whether it's voting and protecting voting rights, domestically and women's right to choose. whether it's dealing with political prisoners, my judgment abroad, we must uphold the things that made america great, because great people like martin luther king and fannie lou hamer, and others, gave their lives to make this a better nation. and make it live up to its principle and be a shining light for the whole w

martin luther king jr. and his wife coretta scott king paid for the hospital room of her birth.chool that would let them in was hard. so it was a friendly thank you for them there. story from ory. that's a her. in the '60, you didn't see inclusive acting programs. so to know they were paving a way for that it's great. >> everything was so separate. i'm glad that the kings helped, and kind of returned the favor. that just makes life better when everyone comes together. >> a beautiful story there. >> i think also just seeing, you know, julia roberts has been an amazing actress for so long and never talked about this. so to talk about this, i love to see it. >> especially because she has been so vocal of things she's seen. what happened in the 90s and she talked about it. so it is surprising. it shows why she is the way she is though. >>> time now is 6:27. niners fans waking up this morning, the amazing feat for christian mccaffrey after the defeat of the rams. >>> plus, taking a live look at martinez. spooky. that's a look at the haunted house. that is a skeleton house. was that o

santa cruz, 57 54 more gun hill san martin hollister's in their saratoga's 53 scotts valley.tion there at 49 51 in boulder creek, thirties in the mountains, forties fifties sixties up and down the coast, but it's all about southern california about 1500 lightning strikes yesterday you can see from around the grapevine santa barbara over to the high desert over to the desert. and along the coast and the circulation around that is coming from land to sea because the low is just off of southern california. but look at that right just nears just south of los angeles. it's a busy morning for the weather folks down there, so if you're going down there, keep an eye on things. that's a lot of thunderstorm activity. everything's locked in. it's called a blocking pattern. the high stays there. the main highs in greenland. deep deep low will be forming in the great lakes all the way down to the deep south, so everything's kind of blocked out. you can't move it so as long as it's there, we only see minor day to day changes in right now they've been c seventies a couple of very low eighti

i'll say boulder creek felt in scotts valley, all in their sin martine's at 49. campbell santa clara in the upper forties. that's cool, cool patterns, so we lose that low cloud deck in the temps. plunge thirties in the mountains fifties on the coast, and unless you're down in southern california, so although they had is now into new mexico , pushing into texas, the next one will probably start to drift . little takes the place. it will start to head down that way, but we'll get some higher clouds out of it. and then after that, the pattern will start to warm up a little bit into wednesday and the thursday i do think here that rain is in our end of the month future here i really looks. there's a lot of what we call tele connections that favor us getting into a cooler, wetter pattern won't be this week, but i think next week going into early november is in our favor for now, son some sun in the morning, then a lot of clouds high in mid level clouds. so sixties and seventies on the 10th warmer temps could briefly get operators tenure 90 wednesday thursday and it doe

martin, r t. new york. those the main stories for this our do head over to our web site r t dot com, our social media pages for more on pizza. scott. me back in just over 30 minutes. oh, i did with my dad 2014 neo nazis roy's to power. the extermination of ukraine's russian speaking population, ideas of confrontation between 2 ideologies. and as a consequence, the start of brushes, special military operation. this chain of events inevitably shape the difference equally important front in dumbasses, struggle for independence. one of which poets and musicians stand shoulder to shoulder with a lot thought. got the one. when i moved to court, we'll talk about our trip to the line. thank you. i did. a motion is too quiet to be watching willa mama goose born mama, mama, a with .

scott makes a great point. if people are having abortions because of the economy, shouldn't we be fixing the economy and said promotion abortion? >> i'm remembering something my uncle martin luther king said. injustice anywhere is an injustice everywhere. killing innocent human beings are going to save our lives are i pay for your life, the life of innocent aldrin. we have to get a grip on this. the senator is totally correct. that is eugenics, genocide to scare to such a degree that they feel the only way they can live is to abort their innocent babies. we care about the mother, the father, the community, certainly the child. we have to come together. the word today is "fear not. you don't have to kill babies in order to thrive and live. you just don't. >> carley: absolutely right. governor bryan camp was on ""fox & friends"" earlier this week. talk about this abortion issue. >> i made the point that we've done adoption reform. we've done foster care reform, making it cost lower to adopt children in our state. supporting furthering mothers with 12 months of etiquette extended benefits and other things to show that we value life. her position has changed three or four tim

forties in the santa cruz mountains, boulder creek, scotts valley in their mid fifties around socal, santa cruz, a little cooler. morgan hill, san martinfifties around campbell, santa clara, cupertino and saratoga 34 44 truck in south lake tahoe fifties for you kaya crescent city, sacramento, monterey down to santa maria and seventies on the desert now flagstaff a brisk 37 so that the lowest dropping down over us and that's going to be with us today and as it drops south if it's strong enough and holds its form there might give us a little offshore breeze, but 60 seventies and eighties on the temps. there's just a lot of low clouds and fog really maybe a little warmer for a couple of days, and it looks quieter and cooler by the end of the week. putting their bodies in front of batons, live ammunition. they're risking arrest, but there's no turning back now for them. more protests in iran and right here in the bay area following the death of a young woman at the hands of authorities what people demonstrated in san francisco are calling for the other side of the world. and california's rising gas prices may have finally taking a breather

fifties, although there is one in boulder creek, santa cruz mountains, felton scotts valley at 50 santa cruz down to 52. san martin mid fifties, all around santa clara, san jose state university , east san jose, south san jose campbell, saratoga and cupertino activity popping up thunderstorm activity. lot look at the east of fresno boom boom boom boom american heading to the fresno county fair. maybe should be alright in fresno, but not far away some pretty good buildups and also down towards the grapevine, southern california a lot of great that high, right right chair. is what's it's called blocking high. it's just sitting. it's parking. so everything is this systems come in. they try and come in underneath. there's another one that might do that next week, but they stay offshore and southern california they really don't impact us 60 seventies eighties on the temps, if anything, i don't think coast and bay changed all that much should be a little bit cooler inland as we head towards the end of the week. you guys all right? so you thank you, tom. is 5 51 the midterm elections there now just four weeks away, just

martin was that moment before then. but in between trayvon and and mike brown and george floyd is a whole bunch of stuff that doesn't move the needle. some are more gruesome. walter scott is a more gruesome case. incontrovertible act of malfeasance to me. i mean, the man was shot running away. eric garner. we had video of him being choked out with an illegal chokehold within, within, with something to be clear to the police, don't shoot me. it was against department regulation at the time. it wasn't technically illegal, but against regulation. and he didn't need to be killed, clearly. right. but daniel pantaleo did it anyway. that didn't spark the outrage. sandra bland is to breonna taylor and ashley mcbryde. we're going down the list. right. tamir rice, 13 year old boy. so why some and not others? why some? why the outrage of this and not that some of it is about our own politics. we tend to prefer men than women as victims, right? we this country does not mourn the death of women and certainly not black and brown women. it's simply the case. patriarchy, sexism, misogyny all plays into how we do this. we prefer straight victims was the same. you saw march for a queer

martin before then. butnd in between trey vaughn and mark brown and george floyd there's a whole bunch of stuff. it is not move the needle. walter scott active malfeasance to me. he was shot running away. bert gardner we had video of him being choked out with an illegal chokehold. this against you, kelly but he did it anyway. brandon taylor, who go on down the list. a 13-year-old boy. so why some and not others? why this and not that? sums about our own politics. we tend to prefer men, than won as victims. they do not mourn the death of them and certainly not black and brown women simply the case. patriarchy, sexism massage and is an all place i would do this. we prefer straight victims was lesson he saw a large for a clear man? , the summer mike brown was killed nine black trans women were killed. note outrage. i wouldn't say no outrage no national story. hipray for them to be middle class. think about my credits as when a college that medic not exactly true but not to new orleans. it helps the narrative he stole from the store before he got shot by darren wilson that middle-class friends this is the claim case we thought it was. so

scott king. you got to go on that very said, very poignant trip. tell the story that led up to this. and eisenhower, nixon, they had an introductory role. this is a picture taken with dr. martin luther king and mrs. king's, bedroom. we flew down there, and the president was torn. he wanted to be president of all of the people, but he did not want to take on a political overtone like it was being used some way. it was very touching moment, and i described it quite early in the book. mr. nixon and i, got on a plane on saturday morning. and nixon's great friend, and we went down and we sent one advanced man. and they got a car, they went over to the king house, and we pulled up, nobody knew we were coming. we are told the king family to not publicize that we were coming. and the president, candidate, at this point, they went to the walkway. these kids, dr. king's kids, he shook hands with each one of them and had some words. private words. and the candidate and i actually walked in. when this was happening. he took her hand and he said, i'm so sorry. and he spent the remainder of time that he was with, i with the kids, and then about ten minutes later, he came back out and talk