infrastructure bank in china in which, actually, japan and the u.s. are the only two countries not to join. great britain defied the u.s. for the first time, i think, since the end of the second world war -- liz: that's a reason to invest in asia? >> no -- well, you're seeing massive infrastructure building in asia, in japan in particular. it's a long-term case, infrastructure, trillions of dollars in asia. short term abe wants everything to work. one sign that things are working is a higher japanese market. they have taken quantitative easing to the next level, they're not -- liz: and we know, bob rice, that when our central bank did that, we saw a six-year-long bull market. you in or you out of china and japan? >> i'm out of japan. liz: you've made your money? >> well, no. look, at this point you're looking at an economics minister. their economics minister today said, you know, asset bubbles are kind of a good thing so long as they don't get big. [laughter] he really did say that. and the bank of japan is literally printing money to buy stocks. if you want to buy into a state-sponsor is

with no volume and no true interest. we continue to see trouble. look what is going on in china. they had trouble with the growth numbers overnight. the manipulation of currency is becoming still a problem. that to me, could we go to 2200? that is correct. however do you want to put your money into market with 5% dividend yield when stocks could fall 20%? i think there are much better ways to get involved. putting new money would be here. liz: 20%? todd, we love you, we don't think we'll see a one fell swoop 20% cut but that brings me to john. let's hear from the guys in the equity world here. john, tell me now, is what todd said correct? he is not wrong but the reactions market has continue on balance move higher. seems to be a grind to the upside. >> so goes january, so goes the year. sell in may, go away. i think that plays out this year. i think fixed income investors win again. i think most people are wrong about, throwing all their fixed income overboard and buying equities. so i have to agree. look for more volatility. look for a lower equity market in the u.s. i think opportun

now. right now money is going to china and europe, given the fact that when you have quantitative easing especially in europe, they're doing exactly what we did a few years ago. david: some people -- hold on a second. adam, go back to you. talk about banking for a second. "wall street journal" had an interesting piece saying they have negative interest rates in europe causing all kinds of disruption. isn't banking a very dangerous situation right now because it is so far removed from the fundamentals because of negative interest rates? >> i take other side of that trade. it is bullish situation for the financials in general. >> why? how do you make money with negative interest rates if you're a bank? >> easy money from the global central banks sloshing around the world. it will end badly. until it ends you can't fight this very strong tape. that is really what it comes down to. it is all about the easy money from the fed and other central banks. liz: great to have all of you. at the same time we're watching the spacex rocket continuing to charge up through space at the moment. it

? europe? >> europe, china. for netflix would be europe predominantly. that means strong dollar hurt earnings in the u.s. liz: everybody ramped down, every ramped down expectations for this particular reporting quarter. >> right. liz: were they trying to underpromise and overdeliver by lowering the bar so much? >> they have done that quite a bit it past. where we're expecting earnings to shrink by 2.9% in the quarter that is the first time earnings shrink since first quarter of 2009. put that in perspective, been a long time seeing earnings shrink. that is because of energy sector and foreign exchange headwinds. that is pretty stunning quarter. liz: netflix saying the strong dollar hurt their numbers. proctor & gamble has said so, many others, dozens and dozens of companies, not just this particular quarter but last quarter. no one should be surprised companies have trouble hedging againstdollar. where are the strong sectors this time around? >> strong sector is financials. liz: why? >> let's hedge that with bank of america is the big reason for that. last year in the same quarter th

have very good product right now. and if you saw that sales were up 14% in china, so it is not just here in the domestic, but also, across over the seas and, there is a lot of opportunities there. we think that many people put off buying cars when the, you know, when things went south. and we feel like the opportunity is still good. we like the dividend. david: dividend is nice, do doubt. >> many of our clients are actually looking for income more than high growth. david: sure. >> we like that steady dividend. david: new fixed income. >> yes. liz: scott, as we look from 30,000 feet, at economy and all that is happening, what do you get a sense of when are trading stocks at this point, that they believe the six-year bull run will continue? >> yes. especially through the end of this year. and, you know, every time that we see news and speak come from the fed, every time over the last six months, eastern, the speak that has been, you know, not dovish but more hawkish, what has the market done? the market rebounded back. they're basically telling us, that if anything, we'll see at max,

rang. could you blame china, europe or something else. what are you blaming for this big rout today? >> i saw the news this morning and saw market action, so i saw red tie here today. you have a lot of things going on. problems over in china. they're increasing number of stocks you can sell from nine hundred to 1100. a lot of concern about margin. you can see they're looking for pull back in their markets. chance for greece to exit could be early as next friday all the way out to may 9th. a lot of people throw out different dates there. s&p was able to hold on to a couple critical key levels like 2080. that is key level of support. we saw the dow continue to hold that slightly positive mark. so some people will remain somewhat comfortable with the market here. today was definitely a shock across the market. david: kevin, put overseas stuff aside for a second, talk about what happened domestically. we got news from the "wall street journal," that the fed is concerned enough about what is happening here with our growth that they may put off the june fed hike. that usually gives market

. otherwise u.s. markets have to shut down. this is silliness. china story from over the weekend was interesting. all this talk about new regulation. david: right. >> what we didn't know they would announce some easing with that. that really gave the markets some relief. that is why we saw a real pop. something really interesting i saw in the equity space. csx corporation, real crazy call trading today. so far volume in csx is 20 times normal volume, all in calls. 125,000 calls in trading. david: what is going on there, mark? what is going on? >> you know there are all these take-out targets. there are lots of rumors about mergers and acquisition. rail is a real interesting space. david: sure is. >> definitely area where there could be consolidation here. david: okay. >> i could see cxx being a target. norfolk southern about same value. david: csx, that is very interesting suggestion. thanks for that. jeff, because of seesaw action, there are times when the best thing to do is do nothing. i'm wondering if this is one of those times until you're sure of some kind of market direction.

, sales up 5%. china same-store sales down 12%. back to you. liz: stock looking very strong right now. we need to point out. there is the bid. close was $80.85. not a bad day in the after-market session for yum. >>> now to tech earnings. we're waiting on so many of these, facebook, microsoft, google, amazon, to name a few. should you buy in ahead of the results? our panel gives you their tech picks an pans straight ahead. david: breaking in the last hour, saudi arabia ended its three-week long bombing of houthi rebel targets in yemen of the as u.s. military ships including an aircraft carrier entered the region. will this last and what does it say for the u.s.? liz: apartments and art? that is what famed investor larry fink says to buy now instead of gold, if you're tempted to go into the yellow metal, forget it. dump it, dump gold. is he right? are there better alternatives? david: one company is pulling all of its products from the shelf here and abroad. which one? we'll tell you with the details coming up next. a dry mouth can be a common side effect. that's why there's biotene

plus especially out of asia, with the long runway they can enjoy in china, if apple delivers on average selling front or the china front that can can be a home run necessarily without making that 60 million bogey. david: there are other products apple makes. i understand the iphone is number one in terms of revenue and all other indices but pcs are not dead by any means and they have this very cool new macbook coming out. i've seen pictures of it. we're just about the time when it's going to be available to look at at the stores. i think what we're looking, that is an ipad. the new macbook is really something cool. no, that is the macbook. >> david, you're right and wrong. pcs look like they might be dying here. in part because of attractiveness as you point out of the mac. the new mags are fabulous machines, brilliantly engineered. as we've seen from intel which missed on the quarter and guided down, microsoft missed on guidance there is trouble in broader techland for ill positioned companies. we think apple is well-positioned. we do like the halo effect around the iphones for

, assembly plants in china and in india. they will bring with them new products. so a really strong second half in asia-pacific. liz: you at ford have said, you told me this. you told fox business viewers this, the new all aluminum f-150 is a hit. i believe you. we went to independent sources who would know. they have absolutely confirmed to me massive deman and a lot of consumer excitement about it, bob, the inventory isn't there to meet demand. there is almost a tesla-like waiting list. what steps are you taking to free up the bottleneck of the f-150? >> well, what we have to do, we have to get our kansas city facility in terms of launch mode, what we go acceleration curve to normal production. it is almost there. just a little bit to go. once it is we'll have dearborn and kansas city full production later this quarter, then we'll be fine. you're right, we're seeing very strong deman and revenue and demand factors are strong. mix is strong. costs come in together. all of that improved guidance we share for north american business. liz: it is a good problem to have. people don't like to w

? how can you justify raising rates with the turmoil in greece, concerns about china and europe? all those things really set back the fed's timetable. they're telling us all issues, weak data is transitory, that may be true, but it makes it very, very difficult. look, the fed is locked into a box. they want to get out of this mess. they want to show they can raise rates. if you look at fed fund futures the date gets pushed further and further back. like the cat chasing its tail. we get further away. right now with the stock market being very, very weak. it will be more difficult call to jump in ahead and raise those rates. ashley: cheryl, talking about those forward guidance, circlinged inn. the street was looking for -- linkedin. linkedin reporting 28 cents. that is a huge miss. a lot of pressure. cheryl: a lot of pressure on that stock. thank you for your time. jason pride, phil flynn. john burke. thank you very much. ashley: breaking news. u.s. navy is taking action after iran seized a cargo ship in the waters off iran. cheryl: washington correspondent peter barnes with the very l

is key beneficiary of lower crude oil prices. china or saudi arabia raise the prices today for asia. liz: let's put up your picks. international flavors which has asian exposure, wpp, ad giant not to mention principal financial. that has china real exposure. are you okay with china now? >> we like china. we think china will bern fit from lower oil prices. asia is largest importer of crude oil. real beneficiaries. nobody likes it except for chinese asia market is rallied considerable over last three to four months. we think we would like to be in stocks that do benefit from the rise in asia. we think stocks with values like international flavors. >> that is interesting name. we watched the company for a long time. great to have all of you. bernie, john. dan, can you hang around for the s&p futures close? >> sure can. liz: thank you very much, dan stesich. probably not easy being fed chair janet yellen. we just started second-guessing, right? multiply that by thousands. there are not many people whose actions and words can impact world markets like that. janet yellen has the more to c

china. alibaba is slowing down. they have tremendous market share. david: impenetrable market share, market share we can't get into. the stock is way off its highs. the highs in november was 120. flat just about at 80. 82.21 is where it closed today. is that a pie? >> i think it's a major buy. rarely you get opportunities, you said it yourself, they have a great position what could be one, two, three decade consumerrization story in china. high margin business, great valuation. this is the type of stock you buy, you don't have to think about it. let it sit in the portfolio. doesn't require a lot of work. for a long termer, sorry, long term investors take advantage of short-term concerns in the stock and get in now. liz: thanks so much to all of you. great to have the discussion. ron weaners, mike sorrentino, larry shover. good advice, guys. david: thanks, nice. vowing to quote, defeat the republican machine, senator rand paul announced he is running for president. liz: the former eye surgeon from kentucky taking aim at rising national debt and his own party in his speech. listen. >>

management on market rally day. talk about china and fed speak. back and forth there. more than anything else we've been down seven days in a row on the dow, so we have an up day. this is quite an up day. what do you make of it? >> i think you said it best. seven straight days down. we were due. i tell you one thing that stuck out to me today worst areas had the best day. >> yeah. >> commodities and some other places. that is what i'm going to be watching very, very closely. if there is anything we say bad about the markets last few months it has not been broad based. it has been a few areas. if other companies join the party we break out to the upside but can't be a one-day wonder. >> energy stocks, that is a great place to look. does that mean those are stocks that led us higher today? maybe we have a little sustainability on our hands. is that what you're getting at? >> i'm not sure just yet. one day does not make a trend. these things have been beaten up so badly. eventually they find an area. i need more than one day before i jump all over it. certainly today was a good day. >> a lo

beginning and china. dow jones industrial average is down over 200 points. looks like it will stay that way into the close. looks like we were making gains, at least come back from disaster. it was down 250 points at one point. right now looks like 200 point loss in the dow. [closing bell ringing] melissa: there you go. for more on the big loss, alan knuckman. dow and nasdaq ending down over a percent. today's losses nearly wiping out yesterday's gain. give me your take on this. does it continue tomorrow? >> well, that is the big thing. it is only tuesday but we had big movements each and every day. we're still net-net ahead for the week. if you look in those terms. nice bounce off the bottom, looking at stock market. trading between 21.20 and 2040 here on the s&p. we'll see what the week brings. but a lot of these markets have gotten a lot cheaper. oil obviously at multiyear lows. interest rates at multi-month lows. but with the yuan, there is race to the bottom. that could be positive in the big picture. melissa: alan, let me ask you, is this about china or the breakdown in oil?

china factor. what do you think? >> david, great example, how it is not over until the final bell rings. this morning as you pointed out it was an absolute bloodbath. nice to see for bulls the resilience being able to come back. keep in mind, however, put it in context, market has been down nine of the last 11 days. some sectors like china, oil, commodities, even u.s. growth stocks have been heavily slowed i don't think the trend has changed. european stocks had worst day of the whole year. great to see it come back but you have to be careful in terms of breadth and everything else i think a very we can -- weak market. david: kimberly how does this double devaluation plays out for u.s. companies. they are betting on growing middle class. devaluation kills middle class, kills value of their savings and value of their paychex. this really retards the development of the middle class. therefore if you're betting on that development you lose? >> there is no doubt that this china devaluation will hurt the global economies and u.s. markets as well. that is the big question, david. which

is going to continue to grow or whether it is going to slow down along with china. melissa: while markets wait for tomorrow, here is everything you need to know now. americans are now spending more -- sending more money to washington than ever before in history. federal tax revenues this year hitting a record high. $2.6 trillion. that equals nearly $18,000s for every worker, everyone with a job. washington is still managing to outspend that! make it stop. with me, scott martin of united advisors. katie pavlich, townhall.com. they're fox news contributors. john tamny, forbes political economy editor and real clear markets editor. thanks to all three of you for joining us. john, it is so amazing to me. they're taking more money than ever in history even adjust it for inflation however you look at numbers and still spending more than history. all of this money, where is it coming from? half of it is from the regular ordinary taxpayer, you and me. what is impact of that? >> this is good news because it signals to economic growth. melissa: let me stop you right there. there is no good

warehouse, killing dozens of people. this is in northern china. a chinese firefighter who was trapped for 32 hours in the rub he will has now been found alive by rescuer workers. according to officials, 17 firefighters are among the 50 who have been killed in the explosion and 13 firefighters remain missing. one of the world's busiest ports, one of the top imports of cars to china. major corporations, including airbus, deere, walmart, all have distributions in this area. a spokesman for deere said several of the workers have sustained injuries. >> the financial crisis. a reunion tour of sorts, former treasury sector gathering for the first panel discussion since they left office. this is all part of a mystery class at the yale university in how to make choices in the middle of a war, according to the wall street journal, the audience was a global grouping of government officials who just might have to respond to another financial crises in the future. >> bite your tongue. >> it could happen. >> one never knows. in any event, michigan's attorney general demanding answers now from the bp wh

hunt them all down. melissa. melissa: wow. china really from the explosions that rocked the port town there. the death toll has risen to 114 with 70 people still missing. today protesters took to the streets demanding compensation from the government for the destruction of their gnomes nearby. we're learning that wednesday's blast -- homes. hundreds of tons of toxic and combustible chemical sodium cyanide, was stored. that may have been an amount 70 times for legal limit. toyota is halting production next days at two plants in the area due to evacuation advisories. david: looks like end of the world. meanwhile more troubling news from the irs. a computer breach which thieves stole tax information from thousands of taxpayers is actually a lot bigger than the agency expected. the agency now reporting that hundreds of thousands of additional taxpayers saw their sensitive information compromised by the breach. officials believe hack were battering information to facilitate fraud during the 2016 tax filing season. the tax agency first disclosed this breach back in may. melissa. meliss

the s&p 500 have reported, david. david: all eyes on china this morning. muted stock losses here at home but those chinese stocks plunged dramatically today. the shanghai composite dropping more than 6% on news that the china's market regulator would allow market forces to play a greater role in determining stock prices. to explain the impact this had on our markets and our money investment banker and economist robert bloom who joins us from beijing where he has lived the past 10 years. robert, if you think government bureaucrats can outsmart markets take a look at china, right? >> right. i call it market democracy. investors are voting with their feet. there is capital drain. central bank is drawing yuan from, from customers in exchange for dollars to send abroad, okay? so the, you know, so the banks get desperate for this. so anyway so the central bank injected yuan today but interest rate was higher because the banks are so desperate for yuan to pay for dollars for customers to ship abroad. david: so the government, let me stop you there. so the government is getting opposite eff

. still valuable to russia and china. >> diplomatic relations. >> bigger than the campaign. >> someone who is a strategist and raises money. >> this is hillary clinton. a disdain for the media. media. she is above it and does not need to answer to anyone. as a fundraiser especially if i was raising money for her on the democratic side this will be tough because you have people on the inside of the track. they really think this was a poor way that i was handling this. the state department and the white house e-mail protocol. two different avenues. try to fix this immediately. >> make a mistake and move on. >> a mea culpa. they need to say this is the president before. the problem continues to be this is an unforced error that continues to be talked about. as i think the be the nominee. fighting the stay on the field. melissa: the billion billion-dollar to save the west from a devastating drought. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason.

a few months ago. with the fed in play now. certainly issues in china. so the new market doesn't like the tech stocks. it doesn't like these high beta names. i've been on the show several weeks in a row talking about boring stuff out there, including consumer staples, utilities, things that have tried and true, strong earnings, balance sheets, but are not fun to own when the market goes up but on days like today are acting pretty well. those are days you should look to add to the portfolio if tech stocks make you nervous. david: you lost less if you had those stocks but you still lost. james, are we ready for bounceback. people looking at 16,000 on the dow think, gee, that is actually a bargain. >> i was enthused by existing home sales which hit a very good level. traders did not step into this market to buy this dip. to scott's point. he talked about the fed. global weakness in growth. i'm pretty boring i appreciate boring names will be back in vogue. i'm not the high beta guy but i think oil is still trying to find new lows. supply demand equation is really perfect storm for lo

. china, there's some question whether there would be some type of intervention from chinese government into the chinese market. there's a lot that can happen between now and monday >> no. doubt. and there's been a lot of talk that china needs to double down and get propped up over there. the growth numbers of 7% certainly seem extreme and too high overall. and when you get in that manufacturing number that shows contraction once again over that 47.1 number, that level, it shows weakness and back to years ago; right? so overall the big picture here as you have global weakness. so the question is what the fed does with all this information >> yeah. nicole, thank you so much. we haven't seen the close down more than 50 points in four years. let's go to adam shapiro who is going to tell us about the names that are getting hit the hardest. i imagine among them exxon mobile >> exxon mobile hit a new 52-low, in fact, let's jump right to it. at one point it was down 70, it was trading at $72 and the low today was 72.07 cents. so especially in that last hour of trading, exxon mobile got hit bec

being undercut by oil and then china and now lockhart sounding completely clueless a few minutes ago. connell: melissa and i started to do talk about that we just got the headline. peter was telling us right before the break or before the bell, lockhart said, you know what? still may hike rates. clueless is your estimation what that turns out to be? >> what we saw in china, think about what happened in china overnight. we had big week in headlines. china taking intervention, china doing this, china doing that. market has worst day ever as far as i can tell. what is the market telling us? we don't compare what really central banks say do right now. if anything they're hurting situation. that is really what is costing. markets are in real duress, this remind me, these type of swings i have not seen since 2008. these are type of things we were seeing when congress was taking votes to do the bailout. really not that much news. connell: right. >> this is one of the crazier days i've seen in a long time. i think we've got, central banks are really losing it here. that is a real concern

morning. that conviction we got from the move out of china evaporated. ashley webster has more how stock ended the day. ashley. >> melissa, fascinating to watch that and a little dismaying to see how markets dropped last 15, 20 minutes. nasdaq as you say down also, marginally the s&p down to 1867. there was a sense throughout the day, in the market, even when we were up 300, 350 points there was lack of conviction. someone said, it was unconvincing the trading today, not particularly a lot of conviction out there. there were still concerns about china of course. of course of global growth in general. that's why we've seen this sell off. those people that made profits after picking upbeaten down stocks, decided to cash in before the closing bell today. as we see the dow off 205 points after losing some 588 points in yesterday's session, guys. melissa: what was the buzz on the floor, ashley, as we were getting ready for the close? this morning we saw the rally, a lot of people were asking why is this? it was basically out of another move of china. we've seen two in past two months of

the fed? >> i think it could be part of the comments from the fed. i also think china cutting rates yesterday. that is a little bit positive. but mostly, if you like roller coasters you must have liked last few days. but i think it is a little bit nauseating for investors but very good to see solid numbers today. that is a real good sign. we've been buying last couple days. melissa: really? what have you been buying? >> we just, we're buyers of entire market. so, we have been micro rebalancing into small cap and large cap as well. adding a little bit of emerging markets just a tad. melissa: scott, what do you think is the main driver today behind this rally? >> melissa, i think it's a beginning only of a realization that the growth fears in china are probably overdone. and that the fed is probably not, i certainly don't think they're going to hike in september. so it was combination of both. but believe me, we're not going straight up from here. after a dramatic fall like we had, thursday, friday, monday, it will take a little bit to form a bottom but i think that's what we're doing

growth has been decelerating. started in china but the major concern is the emerging markets, and many of the countries in latin america. over the next 12 months, the market will be higher, rather investors want to be balanced at this point? >> what do the markets tell you? when you see it evaporate and come back that quickly, what does it tell you? >> today was a positive move to see the market react to the good gdp number. the jobless claims. we've seen a lot of good economic data this week and since the july fed meeting going into the third quarter. i think this reminds investors while overseas and global economy might be slowing week have a good thing in the u.s. >> chad, do you agree with that? i heard people saying the next one in the third quarter is going to be a wipeout. >> i believe that lindsey is correct. that the u.s. gdp number will come in over 2%, 2-3%, and jobs growth has been doing quite well. this concern within the market is not u.s.centric, this is global growth-centric and in particular the emerging markets. you have seen credit default swaps widen out for th

economy fourth quarter. david: some people say it goes back to europe or china but deal get a sense this storm is over? >> it is a mystery wrapped inside a conundrum. i argue is of mysterious investors from back into thousand seven. not really injecting that note of uncertainty but the debate of the u.s. on a sugar high and also the debate with high-frequency trading. david: and some of that sugar has been scraped off. there is a sense of relief but what has changed between monday when we use of a panic and today? >> there was a moment if you were putting money into a broad u.s. stock but if you sneezed you missed it. they feel like china will not drag the economy down. if you put money into the market isn't as cheap as there is such a wide divide. there are many cheap stocks out there the indexes are dominated. david: it is up but from the eye from a couple of weeks ago. >> look at disney you can see this is what the company does and what turns how many people walking in the park if you look at the chinese stock market compared to the economy there is almost no connection. the stoc

more firm, that's what hurts crude oil. >> let me mention three things as well. we've got china, which is a major slow down, the whole world seems to be slowing down economically. iran's oil, that's coming online, and we have u.s. fracking. that hasn't stopped, in fact, we're adding more welles. >> and that's exactly why we're hee suspect. so where are we going to go from here? that's going to be the million-dollar question. in the longer term i'm looking for things, you know me with i'm optimistic, looking for things to improve. see where things go from here. but there may be some values. what's interesting is how the markets holding up, even the energy complex has gotten flattened and crushed, i look at that as a positive. and stocks in general as far as the s&p index are holding relatively well. >> mr. hospital mist, alan, great to see you again. appreciate it. >> thank you. >> melissa. >> with just three days before the first. donald trump continues to take the lead in the polls and new wall street journal news. nbc news poll shows trump leading the gop pack with 19%, scott

didn't have the china situation. yes we know there are problems in china. we have the waffle going on from the fed keeping uncertainty in the market but we also saw volume compared to what we saw last week down a bit today. yes, it is august. london markets were closed. i think some of that factored in. we're all waiting to see what the jobs report will do on friday. the outcome of that jobs report, will it be final decider what the fed decides to do on september 17th. we finished a ho-hum kind of day. it wasn't for oil and energy stocks i think we would have seen bigger losses but those oil stocks managed to pop up the markets overall, david. david: we have labor day coming up in a week. >> yes. david: i'm wondering if today's lack of activity had to do with that? >> i think so. that this will be a quiet week despite all the turmoil. waist and see what happens by indof the week. i don't think we'll get a lot more out of china this week. they have a big military parade wednesday. they will try to keep everything quiet through that. they don't want to be embarrassed by anything that co

release it in china. why? because the chinese market is increasingly more important with regard to film studios. we'll look at espn. that is about 30%, makes up about 30% of the stock price for disney, espn. there are suggestions when they spin it off into a streaming service, basically, continuing with the cord cutting theme. lots to look forward to in the report comes out, twice. we'll be all over it. melissa: absolutely. you mentioned the stock at new all-time high. up 28% before that. really richly priced. ashley, thank you very much. we'll get back to you as soon as the number comes out. david: disney on a roll. new "fox news poll" highlighting breakouts and shifts in support for top presidential candidates heading into thursday's crucial gop debate. blake burman with the numbers from d.c. blake? >> reporter: one goes up, another comes down. latest "fox news poll" showing donald trump extending his lead among republicans while:clip is losing some democratic support. first though to the gop, trump's mark is 26% that continue the billionaire businessman's rapid ascent as the gop fron

from sales in china. they're way down. tesla automobiles in china, in april they were 948. in may, 338. in june, 171. only, from 948, down to 171. no telling that says more about china than it does about tesla. no doubt those numbers change dramatically after we get the tesla numbers one way or the other. ashley, thank you very much. cheryl? >> we're looking at political landscape tonight. the investigation continues into the hillary clinton email scandal. the fbi jumping into the probe surrounding email sent and received around clinton's private server while serving as secretary of state. fox business's peter barnes with the latest on the scandal. peter? >> cheryl, the clinton camp is down playing revelation which could cause more problems for clinton on campaign trail. attorney david kendall saying, quite predictally, the icig, intelligence community inspector general made a referral to maintain materials are properly stored the government is seeks assurance about the storage of those materials. we are actively cooperating. the fbi is probing the security of the private server s

second defense official told me the incident bore the hallmark of a state actor. that leaves china or russia. the attack was on july 25th. the entire email system has been off-line ever since. nearly 4,000 dod employees were affected by the cyberattack. this is the not first time this year russia has been implicated in a cyberattack n april, secretary ash carter blamed russia for separate department of defense cyber breach into unclassified defense computer network earlier in the year, david. david: jennifer you have exclusive details on an incredible story. iranian general defying travel ban to go to moscow. tell us about that. >> reporter: absolutely. fox news learned exclusive i that the iranian quds force commander who we heard so much talk about in the iranian nuclear deal he wept to moscow to meet with rush's defense minister and vladmir putin and despite travel ban and u.n. security council resolutions barring him from leaving iran. july 24th, 2015, one week before secretary of state john kerry testified about the iran deal to the armed services committees, general sulimani

surge right here, i think also along coast of china as it gets closer, the center of stone beginning to not be as recognizable, a little bit of cooler water here that means we'll see some weak weakening. a massive storm cutting across taiwan, still as what is our equivlent of category 1 making landfall on china tomorrow afternoon. this is a look at future forecast, satellite radar, center this right here across, a lot of mountains here that will disrupt it a little bit, seconde water before a 6 lawn fall, in was a typhoon that hit taiwan in 2009. in some spots dropped 120 inches of rain, that is 10 feet of rain from one storm. we have a lot of mountains on this island. they wring out a lot of the moisture from the storms. we could see spots that see in excess of two feet of rain from --s storm that will kaz cause potentially big mudslides and roads watched out, the same for coast at china, there is more population than in taiwan. big very rough dangerous night. and day tomorrow across this area, guys. melissa: unbelievable, rick thank you. >> you bet. melissa: all right, let's get ph

25. huge landslide of construction waste and trash in buildings in southern china. at least 85 people left missing as a result. 900 have been moved to safety. and then space x's shot at redemption. that begins tonight after an unsuccessful attempt in june, elon musk's company is said to launch a rocket tonight just after 8:30 eastern time if you want to watch that. cape canaveral in florida. gerri: and the daggers are out after the debate. donald trump calls hillary clinton a liar. offed you the what has him roweled up this time and ceo tim cook was asked on 60 minutes about whether apple evades taxes. we'll get his answer next. >> that is total political crap. yes, we are twins. when i went on to ancestry, i just put in the name of my parents and my grandparents. i was getting all these leaves and i was going back generation after generation. you start to see documents and you see signatures of people that you've never met. i mean, you don't know these people, but you feel like you do. you get connected to them. i wish that i could get into a time machine and go back 100 years

miraculous story, a 21-year-old man emerged as a survivor of the deadly landslide in southern china. look at the images there on the screen. he was stuck under debris, get this, for 67 hours. >>> coming up, a football player who took it to the streets to get a shot on an nfl football team. it actually worked. >>> and in other news, the beatles are spreading christmas cheer. how one of the greatest bands in the world ever is making waves on christmas eve. don't go away. ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? whfight back fastts tums smoothies starts dissolving the instant it touches your tongue and neutralizes stomach acid at the source tum, tum, tum, tum smoothies! only from tums we were in a german dance group. i wore lederhosen. so i just starte

russia and china and watched them get away with this. obama seems desperate for a deal and agreed in what the state department regards, iran is going to receive potential billions of dollars in frozen assets, so the fact that they see all that, means they can get away with it and they continue to provoke and belittle america and illustrate to the world how little they fear america and maybe they think this will lead from further concessions of the obama administration. the obama administration has been saying they need more time. they've been saying that for two years. >> melissa: absolutely. >> david: other big stories on our radar, bill cosby has been reined on federal assault cases where a woman told police the comedian drugged and assaulted her in his home. only 10% of million dollar bail and surrendered passport. rob emmanuel prying -- trying to overhaul. all will now be equipped with taisers in the wake of a video killing laquan mcdonald. ethan couch was granted a three-day delay, a phone call for pizza that led to capture in the mexican resort in puerto vallarta. >> melissa

, china, russia, america, too, nobody wants the jews there. if this is the conversation going on in the household he tells the dad he is sympathetic with isis, what does this tell you? especially if the dad is recounting it and doesn't seem like it's a big deal? >> we have a number of tripwires. first the dad is somewhat, support i've of his responds beliefs but maybe not all the way out there but realizes going in this direction an doesn't call any attention to it. he sees them getting this money and maybe kind of imbalance as i said before between their income versus amount of loan they're taking out. melissa: right. >> we don't know whether he was supportive providing any signatory on it. we also have this combined. also the neighbor who saw activities. a few trip points where people weren't notifying anyone the fact something was afoot. something didn't smell right. melissa: there is the mother who is becoming lynchpin. if she received money, if she lived in the house, is it plausible at all they gave her this money. -- she is divorced two the husband as we mentioned but living

history. by way of comparison, china recorded a trade surplus of 150 billion. so they're very export oriented. seven out of 10 euros go to the eurozone. that is the growth engine in a place like germany. if you look what the german market has done this year, you will see they outperformed the broader european markets and germany in particular because of that exportation with the falling euro also is a really good bet in terms of earnings growth for top range companies. david: okay. let's go to one of your picks because if you're -- if people think you're on to something but they're a little uneasy, there is a hedge pick that you have. it is he d.j. it's a wisdom tree interhedged equity fund. explain that fund and why it's a good bet for those that kind of believe what you're saying. >> okay. i'll tell you what, making a hedged bet in europe is absolutely crucial. the wisdom tree europe hedge equity fund as you mentioned, it hedges out the euro depreciation risk. so the euro is actually declined by about 14 1/2% the last six months. six 1/2% just since the start of the year but what t

buildout happens in china. david: you're there in houston. a lot of companies are suffering mightily because of the lower oil prices that we have now, some of the wells are being capped. some businesses are going bankrupt. what do you think the overall effect will be on economy? a lot of people said so many positives from low oil prices because consumer will have extra money. we saw from retail figures today, it hasn't been that helpful on retail. i'm wondering how much more hurtful it will be in the overall economy? >> i'm with you. the i think, ill effects have been discounted. just as, a fact that was in yesterday's "wall street journal," you know, of all the office development, office buildings, being built in america today, 1/6 of them are being built in houston. that gives you idea of last, two, threers years, what a dynamic part of our economy energy has been and when you have something that changes that radically that was maybe your star of your economy, i think that you need to really kind of pay attention what effects ripple effects that will have go through our economy. i

china? >> yeah. i mean what people don't realize, enough, they're not paying enough attention, liz, to the fact that there is a major swing from west to east right now and both china and russia have their eyes on greece. right now russia is greece's major trading partner, the largest trading partner is russia. china wants to use the greek port as a starting point for a train that will go, start at greece, go all the way to hungary and be an outpost for trading all threw europe. liz: they are strategic i important. who is to say the putin will go in and say the black sea is sort of near the mediterranean. >> right. liz: jo ling, telling you right now, you look at greece at the moment, they seem tiny and insignificant. they are not. >> certainly geopolitically there is a big play here. there is no doubt that all of the other countries we haven't talked about yet have a huge stake in this. you have to look at the french finance ministers, seemingly very encouraged by possibility of a deal. then you move to germany, the finance minister says basically no way, jose. the broader regional

right off the bat about the fact that this is a bad news-good news story. the bad news is china, macaw. these, macau. revenues dropped precipitously. they banned smoking, right? don't a lot of china niece people that go into casinos, don't they want to light up? >> well, liz, that is something that we've been challenged with in the latter part of the year as well as a few other issues that have come up in china. i think really what you're seeing in macao a correction in the marketplace on strong growth that has taken place over last few years. what we have to be mindful of, there is a market where there is over $40 billion of revenues shared among six concession heirs. there is tremendous opportunity in macau. that is not without its challenges and we're happy to be there around think the long term is a lot more upside for macau going forward. liz: maybe the smoking ban, maybe they will absorb that and deal with it and live a bit longer to roll the dice a bit longer. stalk right off the bat about las vegas. that is the shining point of the looks like people are going back to vague bass

growth. david: touche. >> i would say europe is a headwind. slowing rates of growth in china is a headwind. but there is a lot of momentum and we are, we're beyond the so-called 2% recovery characterized this expansion up until recently. and, yet we're in the, approaching the very much venth year of it. -- 7th year. i agree with yu-dee as well the stock market should provide decent returns. liz: decent returns. mark, do you agree? you were trying to get in on that discussion? >> yeah. i do like the market going forward, because i think we'll see recovery in energy. i want to talk a little bit about oil for a second. the way oil markets work, i want you to imagine i'm standing in my front yard holding a garden hose and the spigot is all the way turned water is rushing out. my five-year-old sneaks out back and slowly reduces the water pressure. it will take a little bit for the water to stop coming out at that rate. that is really what is goings-on in the oil market. that is why oil is finding a bottom, which i think will be good for some energy stocks. what is a stock could be hurt

you into this. ira may be a perhaps a bit shortsighted. we have china sew slowing down. we have deflation in europe. consumers not spending in the united states. seems to me we're setting up for a bigger pullback. >> i don't think so. actually what you're seeing is replication in europe of what we had happening in the united states for the last few years. you have potential 600 billion euros being pumped by their equivalent of fed to hold up their markets. and that money has to go somewhere. with interest rates there, 100 basis points lower than us, germany has 40 or 50 basis point interest rate, you have no alternatives. so what i think you might see is very strong market in europe and actually increased demand and we clearly have no inflation in sight anywhere. so a lot of cleans to be quite positive. liz: you're positive enough, joe, you say go into places like europe. what is the best way for retail investor watching right now, to at least start to dip their toe, get a tiny beat of -- bit of exposure into things like europe? we know that is scary. headlines out of greece and

incurred costs. right now, whether or not air in goods from china and india. typically a container from china to los angeles will cost approximately $4100. to air a 40-foot container by 747, looking at tens of thousands of dollars. that is a lot of at risk here. it will cost us a lot of money. we have to service customer. we're doing everything possible. david: jason, has it made you question where you're sourcing this stuff from? perhaps you may find a supplier here in the states so you don't have to deal with this again? >> we, the efficiency in china and costs of doing business there is, we can't, we do have some confection in the usa but majority of the retailers that we deal with are ordering large quantities. that stuff has to be made in china or india. david: brian, jason brought up kind of a scary thought that this could escalate. certainly if there is no resolution that it could spread to ports outside of the west coast, maybe on the east coast. have you heard anything about that? >> i did today as a matter of fact, because east coast contracts are up in approximately anot

northern china reduce its reliance on coal fire heating plants and prevent 60 million tons of co2 emissions? when emerson takes up the challenge, it's never been done before simply becomes consider it solved. emerson. "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. creeping up on you... fight back with lief so smooth... cre.it's fast. you... tums smoothies starts dissolving the instant it touches your tongue ...and neutralizes stomach acid at the source. tum, tum tum tum...♪ smoothies! only from tums. david: s&p futures closing right now. let's go back to larry shover in the pits of cme. how is it shaping up for tomorrow? >> right now we're void of controversy. we won't have any controversy, i don't think, until thursday when we have cpi and following friday with the labor report. up until then, it seems to be status quo. w

when gold was way down. maybe then was the time to get into it. without buying from china would gold have been down today? in fact some people suggesting it would have down big time without the buy from china. what do you say? >> i don't know who exactly is in play right now but the year of the sheep in case you're wondering. david: good to know. golden fleece. remember that. >> the more importantly to me how the market reacted with the strength of the dollar, gold was still positive holding above 1200. i think the risk is down to 1185. if we get back to 1225 you could see another round of short-covering. remember how that played into the marketplace a couple months ago. when everybody was getting short on gold it bounced up. i think psychology is ready for that one more time. david: interesting. liz: tom, what would you completely stay away from? >> right now i think utilities are in kind of a tough situation. again, when you think about interest rates and average investor, liz, just isn't prepared because we haven't seen it so long. yes, there is equity risk but earnings in ge

. carnival cruises. and good expansion going on in china. (?) here's a company that is operating quite well. i don't think the rate hike means much to them. for sure, the energy price -- liz: go ahead, nicole. >> look who just stopped by. your old friend. david, morgan stanley wealth management. he and i are whispering about a few things including rate hikes. modernizatiomorgan stanley says what? >> liz, they're still talking about january or march of next year. they have not -- liz: next year. all right. that's what warren buffett said. look, if it were me, i don't know how i can possibly raise rates. >> we just had granddaughter number four. >> isn't that nice? congratulations, david. david: we'll let you guys socialize after the hour. we want to talk stocks. lance, we were talked talking about what stocks to avoid. one stock that has been doing good is biotechs. you're saying to avoid biotechs, why? >> real quick. real set back. february was the best-poinpoint gain we had since 1967. march is a 50/50 bet. after a positive february gain it's almost 50/50 that march is positive as well. we

night. a lot of chatter coming out of the peoples bank of china. there's a lot going on, so, yeah i fear more -- more fear that the fed will blink is causing risk-on rally. david: president obama calling his new corporate tax a tax holiday. nice way to call a tax but a lot of his corporate friends are calling it highway robbery. a proposed 14% charge on foreign post profits brought back into the u.s. will cause corporations billions of dollars. will they bend to the president's will or put up fight? let's look at some companies would be paying. ge would pay $15.8 billion on repatriation tax. microsoft would pay 10.3 billion. apple would say 7.6 billion. these are huge expense. >> the president's plan is wonderful if you want to stop the recovery right in its tracks. the rest of the developed world is moving toward territorial tax rates where with you you don't have double taxation. president obama wants to take us back to the dark ages. david: adam, i wonder if the corporations these folks are usually pretty friendly with the administration. will they put up a fight? have all their

the u.s., billions into europe and billionses into japan and billions into china, central banks all around the world printing presses are operating at full speed. do they know what they're doing? what is the endgame? there are trillions in cash out there. what good are they doing? wheel talk about that with the panel. oil also wiping out all of yesterday's gains and falling more than 8%. why the volatility? our panel goes head-to-head in search of surprising answers. we're back with liz in omaha who has more with the oracle there. liz? liz: dave, nothing was off limits in my conversation with warren buffett in the last hour. yes, he says he has beaten prostate cancer. he says do not expect the federal reserve to tight eprates this year. seas if it were him he could not do it. plus moody's, the ratings agency embattled with an investigation right now, he is selling his multimillion-dollar stake. what about poke cola? we'll have more live from omaha. the ♪ the future of the market is never clear. but at t. rowe price, we can help guide your retirement savings. our experience is one