we'll talk more about nafta with son sonny perdue >>> let's look at the broader markets. joining us is doug cotey and ed keon our guest host is jason trennert ed, you're underweight u.s. equities how difficult of a move was that what keeps you up at night in terms of the continued sustained sort of holding on to record high levels here in the u.s. equities >> we're selling at high levels of evaluation. not nosebleed levels also i'm concerned that the economic data has been consistently weaker than expected earnings data was great. first quarter was great. second quarter was great i'm concerned that the u.s. economy which has been growing at about 2% is more likely to break below that than above it. >> so there's risk to the down side in terms of earnings estimates and therefore valuations >> i think the earnings forecast this year are solid. >> how will weakness in economic growth manifest itself >> i think next year earnings could be challenged. if we perceive that growth is slowing and the risk of recession is rising, i don't think the market is priced for anything clos

sonny perdue atika rent's rally made mention of his charisma, you can see that while speaking to him.t going to go on to say this race has national implications. any time you ask him about it, he brings it back local. >> and the pressure on both -- >> back in april president trump tweeted you'd be a disaster if elected to the house. if elected what do you anticipate your relationship being like with the president? >> i don't expect a count grad latory tweet if i win. i hope he exercise a sound judgment in the leadership of the country and i hope to have the opportunity to work with him on the potential issues of mutual interest for this country whether it's infrastructure and working to bring more jobs and investments to georgia. >> the national narrative has become the race may be a rep ran dumb on president trump. you're hard pressed to get john ossoff to admit that, much easier when you ask some of he has supporters. >> no count grad latory tweets expected when he wins. how much money are we talking has been infused into this? >> ain't that, when you look at the numbers we're talki

we have our cabinet approved and i want to welcome the secretary of agriculture, sonny perdue. the secretary of labor, director of national intelligence, daniel coats, and u.s. trade representative kirk robert mai representative, -- rt mai tai i chose each person at this table not only because of their remarkable experience and success, but because they have all united i one shared goal. one very simple, but very surveying and defending our beloved nation. we are working every day and have been working very hard together for our country to protect the safety, bringing back jobs in our country, and putting, always, america first. ran it was make america great again, and that is what we are doing. believe me. we are doing it, and we are doing it at a much faster pace. never has there been a president, with the exception of fdr with a major depression to handle, who has passed legislation that has done more than we had here and with the executive orders and job killing regulations terminated, many over 34 bills in congress, the supreme court justice will be a great one, and many o

being said, we now have our cabinet finally approved and want to welcome secretary of agriculture, sonny perdue. thanks, senator secretary of labor, alex. director of national intelligence daniel coats. thank you, dan. and u.s. trade representative robert lighthizer. it was an incredible, talented group of people in this room. generals, governors, congressman, entrepreneurs, business leaders and many, many others. i choose each person at the table and i chose them not only because of their remarkable experience and success, but because they of all united by one shared goal for what they want to do is one very simple and very beautiful goal, serving and attending our beloved nation. together we are working every day, and we've been working very hard together, for our country to protect our safety, bringing back a jobs into our country, and putting always america first. it was great at merrick -- we are doing it and were doing in a much faster pace than anyone thought i will say that never has there been a president with few exceptions in the case of fdr, he had a major depression to handle, who

>> sonny perdue is in china, celebrating the return of u.s.market, and that is -- beef to the market, and that is about it. it is difficult to set any new direction for the department. there are 48 in the u.s. senate -- 48 democrats in the u.s. senate that are not upset at hardert this makes progress on further agreements negotiated, a harder progress -- progress from the agenda, kids at all. -- complicates it all. scarlet: and the agriculture secretary was the last to be approved. >> yes. and the labor secretary had two nominations, still approved before signing purdue -- sonny perdue he came the secretary. covers: alan yeller, who agriculture news for bloomberg. looking to president trump's allergy policies -- energy policies, jack gerard was at the speech yesterday at the department of energy. he spoke with alix steel about the outlook on the regulatory environment facing the industry. >> as we look at it, the president is doing exactly what needs to be done. he has changed the attitude of the conversation in washington by saying energy sho

know, i feel that we can really work with the president through his new secretary of agriculture, sonny perdue. >> reporter: yet the administration has already disappointed some farmers on issues like trade and immigration. they're hoping that cutting crop insurance won't end up being the final straw. for "nightly business report." >> by the way, on our website you can read more about farmers and the proposed budget. log on to nbr.com. sue? >>> bill, as we told you, the major indexes sit at all-time highs. a recent report, though, suggests that you can increase returns and reduce risk with alternative strategies. our guest is the chief investment strategist at raymond james. jeff, good to see you as always, welcome. >> you bet, sue, thanks. >> you say one of the things you're looking at to diversify a portfolio are certain commodities. you say they're in the bottoming formation. >> yes, if you look at the crb index or the goldman sachs commodity index, it looks to us like they're trying to form a bottom here. it's probably best represented by energy. energy is out of favor. and some of the sto

now we are our cabinet together and i want to welcome secretary of agriculture, sonny perdue, thanks,ry of labor, alex acosta. deck or the of national intelligence, daniel coats and robert lighthiser. entrepreneurs, business leaders and many others, i choose each person at this table and i chose them not only because of their remarkable experience in success, but because they have all united by one share goal of what they want to do. there's one very simple but very beautiful goal, serving and defending our beloved nation. together we're working every day and we have been working very hard together for our country to protect their safety in bringing back jobs into our country and putting always america first. and when i ran, it was make america great again and that's what we're doing. believe me, we're doing it at a much faster pace than anyone has thought. i will say, never has there been a president, with few exceptions, in the case of fdr, he mad a major depression to handle, who has passed more legislation and done more things than what we have done. between the executive orders a

tom price stumped for republican karen handel over the weekend along with agriculture secretary sonny perduedemocratic jon ossoff joined by john lewis. >> with the election, you will indicate people are prepared to change and many people see the writing on the wall. >> poll shows ossoff with a slight lead. in a district that normally favors republicans. >> this is the type of district they hope they can win if they can retake the house in 2018. a lot of the seats are going to be suburban districts that republicans have held. >> voters have cast more than 140,000 early ballots, double the number of early votes in the primary. some polls show nearly 50% of republicans favor ossoff. the democrat is appealing to moderate republicans and independents. >> electing fresh leadership focused on results. >> in a district trump won by less than two points, handel is rallying the base. >> we are going to rock nancy pelosi's world. >> both campaigns have beefed up security after receiving threats, including letters with a white powder sent to handel and her neighbors. the congressional seat last held by

i was at a rally on saturday and had sonny perdue, former governor here and now the secretary of agriculture and tom price who gave up this position. and karen handel thanked president trump. this crowd chanted trump, trump, trump as she thanked the president. a big win for republicans tonight at a time they knew they had to. >> krnk you, i appreciate that. live at karen handel's head quarters in atlanta. democrats across the country thought they could pull it off. they didn't. a very different move tonight at ossoff head quarters. >> reporter: there's a lot of disappointment, i'll tell you that in talking to some folks who have been with the ossoff campaign that very beginning for months. dabing away a few tears here and there. i see some people enjoying beers behind me. they're not as disappointed as you might think and part of that is because just talking to people they really felt they were part of something and they were just proud to even get close. i think they're so used being in the political minority as democrats that just to be involved in this where they had a shot, there's think

. >> chip, i know you like us are big fans of secretary sonny perdue who were a former member of our governor's council. he's very engaged. say what you can about the interactionwi interactions with the hill. >> what we can hope for, along with the help of mr. perdue would be to bring people like me to the table, corn, soybeans, wheat, any agricultural commodity. bring us to the table. we know that nafta has worked. we don't want to have any parts of blocking trade. so if they bring us in, work with all of us as a unit, and make sure that if they're going to be trades, if there are going to be changes that they're positive changes. because it doesn't just affect me as a farmer, it affects the equipment dealers, hardware stores, local car dealership. when farmers out in rural america have -- are making less money and have trade issues where their products can't go out it affects people way further down the line than just our 300,000 members. it affects thousands and thousands of people. >> i could keep going for a while and i may. but with the audience like this, they want an opportun

tom price and sonny perdue.y a neck and neck race with handel and ossoff. 40 years since a democrats held the seat. democrats are optimistic. you asked about early voting. it looked strong. we went there yesterday to a couple of polling places to talk to voters about the race. we talked to one woman in particular who is excited and democrats are making a comeback in the district. >> it is time to have the sixth district represented by someone who represents the district's values. we are certainly progressive and centrist here. not just conservative. we have not had a congress member that wasn't conservative in 40 years. it is time for fresh leadership. >> reporter: not everyone loves jon ossoff on the other hand. this is a republican district. jon ossoff raised $23 million largely from out of state. republicans say he is a candidate who has come from nowhere and sponsored by national democrats. not connected to the district and they do not want to see him win this race. take a listen. >> i feel like a vote for j

a rally saturday for karen handel, he was joined by former governor and agriculture secretary sonny perduecalling into question the authenticity of ossoff's candidacy. >> take this young man, charismatic, articulate and taught him a few republican buzz words to come into the sixth district and put all the money behind him so they think he can fool you. it's not going to happen, is it? no turning back. >> reporter: meanwhile, ossoff campaigning saturday in atlanta with iconic civil rights leader john lewis who represents a nearby district. ossoff hoping to pull off a big upset ahead of the 2018 midterm elections. >> it's important to make your voice heard. whether or not you support me, you got to participate in the democratic process because this is an opportunity for georgia to elect fresh leadership and focus on delivering results for the folks at home. focus on washington. >> reporter: leading karen handel by a slight margin of two points and eight figure investments for both candidates, both are in it to win. you can expect it is going to be riveting with a race tighter than ever befor

price at a rally saturday for karen handel and she was joined by porter former georgia governor sonny perdue along with the price. purdue is calling in the office session of his candidacy. >> they pick this young man charismatic articulate and they've taught him a few republican buzzwords to come into the six district and put all the money behind him so that they think he can fool you. it's not going to happen? no turning back. >> jon ossoff is hoping to pull off a big upset for democrats in the 2016 middle election. >> it's important to make your voice heard. whether you support me or not, we support the democratic process. let's focus on delivering results at home and focus on what's in washington. arthel: the latest polls having jon ossoff leading karen by a slight margin point of two-point into both sides are in it to win. if you're watching this race, you can bet it will be riveting with the race tighter than ever, just two days before the special election five. arthel: raging wildfires and killing dozens and many of them trapped in their own cars. authorities may have started the blaze

were one of the first date in 2005, republican controlled legislature would republican governor sonny perdue, put into law, a voter id that was just onerous. we sued. wakinghave the effect of people left to say they're not going to take my right to vote. we are continuing to battle to bring out the electorate here that is going to turn this state blue. this prolonged babattle tried to flip the sixth as a real laying the groundwork, as a ladies say, the democratic women that have organized them selves into a cave it blue, we're going to paintnt it blue. you're going to see this congressional district, taking seats fromm republicans in elections for next year's general sibley seats, senate and house because of the energy, the infrastructure, and the hopope that has been r restored in that district that there is somebody else out there besides this the bread gop, anti-people sort of agenda. amy: this was the district of newt gingrich before dr. price, and he won by something like 23% the then hesome of resigned to become the secretary ofof health and human services. by something like that perce

they both have, particularly handle needs this race to be a local race which is why she was with sonny perdue and tom price in these final rallies, final moments going up to this race. so the fact -- this will also be a test for trump. and while michael is absolutely right, you can't really extrapolate 2018 based on one district, this is the type of district that democrats do need to win, wealthy well-educated. they need to win these districts in order to take back the house in 2018. there is a lot at stake here and they're looking to see if democrats do win, they're going to be looking to take this play book and see if they can bring it to other parts of the country. >> and david gregory, ossoff, certainly, he's a newby here but they feel like proxies for something bigger within their own parties and it seems to be centered, if not a referendum on trump but certainly what's going on with health care is going to matter in that district. what do you make of that process right now and how it plays ? >> well, the process is playing certainly toward both bases right, because as we've talked befor

. >> sonny perdue was campaigning with karen handel, agriculture secretary and former governor of georgiato say to republicans. >> i know some of you out there, some of you, some republicans may even be turned off by our president, and i don't think you are. i'm not, because let me tell you, let me tell you, i know his heart. and let me just share, i was in miami yesterday with him. the president keeps his promises. >> jeff, that message seems to be something like come on home to the republican party even if you don't want to? >> extraordinary. we're five months into the presidency, and for the president to not be a valuable asset is pretty interesting, and that is a sign of things to come going forward. lot of republicans will not want to be sort of at his side campaigning, but i'm struck with that, that's the first time i saw that, maybe you don't like him -- but i think the president here desperately would love to be down there involved in the fray of this. he's not wanted, quite frankly, and that is, you know, something that probably stings. >> we'll see, phil, what lessons republican

and this weekend, his own agriculture secretary, sonny perdue, with a stunning admission at a gop rallyme of you out there, some republicans may even be turned off by our president. and i don't think you are. i'm not, because let me tell you, let me tell you, i know his heart. >> and karen handle herself saying, quote, this race is not about donald trump. meanwhile, a late controversy making headlines right now. the gop chairman for a neighboring district in georgia saying, quote, the shooting is going to win this election for us. now, he was referring to last week's shooting of a congressman and others at a baseball practice. he has now apologized for that comment. and just moments ago, ossoff talked about a new political ad attacking him that references the shooting. >> that i think this attack ad that's just come out that seems to try to exploit this tragic shooting is in extremely poor taste. a man is fighting for his life in the hospital right now. it's a disgrace to politicize it. >> jim galloway's a political columnist for the atlanta journal constitution. nice to see you, jim. a

that was former georgia republican governor sonny perdue trying to get republican voters, who are turnedy donald trump, to vote in the special election tomorrow in georgia's sixth district for the republican candidate. the latest poll from wsbt tv in atlanta shows democrat jon ossoff at exactly 49% and republican karen handel at 49%. that is a tie. tom price won that seat by 24 points, 62-38. this year's race has been the most expensive house race in history with more than $56 million spent so far by both sides combined. tonight president trump tweeted this about the georgia race. big day tomorrow in georgia and south carolina. obamacare is dead. dems want to raise taxes big. they can only obstruct, no ideas. vote "r." president trump also attacked jon ossoff earlier today, tweeting karen handel's opponent in georgia sixth can't even vote in the district he wants to represent because he doesn't even live there. he wants to raise taxes and kill health care on tuesday. vote karen handel. jon ossoff will get his last word on this program next. having moderate to severe plaque psoriasis is n

vice president pence, kevin mccarthy, sonny perdue former governor, agriculture secretary. they were campaigning on her behalf not the president himself. did she not want him to or he not want to do it himself, what? >> well, president was here, neil. actually i was proud to be in the room with the president and karen when he came in as a part of his effort to support and applaud the nra. so look, at the base element, neil, this remains -- neil: that was an nra event, right? >> well, then afterwards, it was a karen handel event. that is where i was and proudly attended. at end of the day, neil, this is local election. we've got trump republicans. we have moderate republicans. we have conservative republicans from the entire spectrum coming out today for karen. she will secure victory. for those tax cuts you talked about, speaker ryan wants to make permanent, if you're for that, vote for karen handel. ife for the countr continuing momentum, lk at the dow today. a vote for karen is type of person that supports the agenda keeps the dow, keeps business going, keeps job creation

joining the president agriculture secretary sonny perdue and commerce secretary wilbur ross. >>> it haseen exactly one week since representative steve scalise was shot in alexandria. he continues to recover in the hospital this morning. the scene of the crime now reopen. >> today, though, we will learn more about exactly what happened last wednesday in alexandria when a gunman opened fire on a group of people simply pack practicing for baseball game. fox5's bob barnard live outside fbi offices in northwest dc with more. good morning, bob.orning, bob. morning to you. yes, we already know a lot we think about what happened a week ago this morning. but the fbi and alexandria police outside the fbi's washington field office here in the district getting ready to bring us up to date on their of course, we all know supposed gunman james hodgkinson a 66-year-old home inspector from the st. louis suburbs from surgeon illinois a man not apparently a fan of president trump who targeted republicans on that ball field last week. so we want to know more, and hopefully we'll learn more about his motiv

the president will be joined by attorney secretary -- ag secretary sonny perdue and wilbur ross.y will be with the president tonight at that rally. >> today mark one week since a gunman ambushed a congressional baseball practice four people were killed ink concconcconcconcluding scalise. last night the park officially opened with little league game. ♪ >>> update on a story you saw first on fox5 and that we continue to stay on top of. those stunning allegations of fraud in prince george's county public schools. >> board members claim they have evidence that hundreds of students graduated without meeting state graduation requirements. the state of maryland says it already investigated this issue earlier this year. >> fox5 is digging deeper into that report which top brass in the county claim vindicates them of any wrongdoing. fox5's lindsay watts first broke the story and has this very latest as questions remain about whether there will be another state investigation. >> reporter: fighting back against corruption claims, prince george's county schools gave us this report. it says a

chinese help in reining in north korea that controversy notwithstanding, agriculture secretary sonny perdueof u.s. beef to the chinese market for the first time in 14 years. beef sales have been soaring within china in the last few years. it's gone up something like $250 million to billions of dollars in that time span. u.s. beef had been banned back in 2003 because of the scare over mad cow disease >>> and mobile carrier sprint is being sued by creditors of bankrupt radio shack the lawsuit accuses sprint of dooming the electronics retailer's comeback by using confidential information to open competing mobile stores. this stems from a 2015 deal between the two. sprint says that the lawsuit is disappointing and that it intends to defend itself vigorously >>> it is known as phishing and we're not talking about fishing, with a p-h hackers send you what seems like an inokayous e-mail, you click on it, and suddenly your computer is infected and all of our personal data is at risk trained employ east try to identify these hacks, joining me is the ceo and co-founder of phish me good morning to you