Skip to main content

tv   After the Bell  FOX Business  November 5, 2018 4:00pm-5:00pm EST

4:00 pm
liz: archer daniels midland is coming out, adm. >> yes. [closing bell rings] connell: liz: it went by so quickly there, is the closing bell. but the nasdaq falls for a second session in a row. that will do it. melissa: wall street shaking off election uncertainty as americans prepare to head to the polls. the outcome of the midterms will decide the balance of power in the nation's capitol. investors are watching closely to see if the results lead to gridlock in d.c. that would be shocking. almost never happens. congress will support president trump's pro-business agenda. that is the other option. president wrapped up a rally in cleveland, ohio. the first of three campaign stops. he will mick hayes way to for the wayne, indiana this hour. i'm melissa francis. connell: yes you are.
4:01 pm
i'm connell mcshane. s&p 500 closing in positive territory. tech stocks we say were big loser. nasdaq was down by 28 points. we'll cover it all, washington to wall street as usual. made even more so today. susan li, floor of new york stock exchange. blake burman at the white house. karl rove will speak about key races. rick scott to join us live from the miami area, you know ambassador danny danon. and sean spicer. that is a lot. there is susan li at the new york stock exchange. hi, susan. >> we were close up to 200 points for the dow.
4:02 pm
a big spike up on low volume day. investors are in wait and see pattern to see how the midterms shake out. looking to see if we get a split government, democratic controlled congress and senate controlled by republicans. grid hock they call it. upside would be if republicans keep the house and senate. on the downside, if democrats take the house and senate, expect to see a cell down. if we didn't have apple being main drag, s&p down once again in correction territory, down 10% from the recent peaks. weighed by nikkei news report in japan they're canceling production of lower priced iphone the xr. they did this with the iphone 5c, they canceled new production a month after the
4:03 pm
launch this is concern given disappointment for guidance last week from apple. move on to amazon, another big component for the dow. the amazon stock we're down over 2.25%. this is competition for 50,000 high-paying jobs, $5 billion in investments over the next two decades. amazon said an hour ago it might be split between two cities. crystal city, dallas, and new york. back to you guys. connell: dan henninger of "wall street journal" he is the deputy editor of the editorial page. liz peek being columnist and jonathan hoenig capitalist pig hedge fund founding member. we'll have plenty of time this hour to talk politics.
4:04 pm
jonathan, do you read anything in watch a change, maybe in leadership with technology dragging us down,? >> banks, connell, having a little bit of a bounce-back here. i was surprised broader market wasn't down "fang" stocks. market was higher. breadth was still negative. 60 new highs. people are waiting to see results of tomorrow's election. connell: liz, the idea you get through some uncertainty the market should be ready to do what the market is going to do, and usually after a midterm it does pretty well. >> not since 1946, the 12 months post a midterm election have seen a downturn in the s&p 500.
4:05 pm
why? whatever party gets whacked tends to come to the middle. yes, not much is done legislatively. i think we're surfing off the late jobs report this friday. that is been lost the pre-election conversation. numbers are unbelievably strong. i see nice to see the market up when some of the asian markets were down very sharply. a read out of china of their service sector slowing. we're getting past, i have to think this is about the economy and out come of the election being more positive than it was thought to be a couple weeks ago. connell: one story puts politics together with business possibly the amazon hq2 whatever we're calling it now susan was talking about a few minutes ago. we're talking about washington,
4:06 pm
d.c., the area may be where amazon comes up. what do you think of idea of splitting headquarters maybe between new york and d.c. suburbs? dallas and d.c. suburbs, leaving dallas and new york? it will be split between two cities, what do you make of that? >> i guess one of the reasons they're doing this. >> we're talking about 50,000 jobs. amazon says 50,000 jobs would be a heavy load for two reasons. one they're looking for tech workers. they decided if they split between two different cities, they would have a better shot at hiring that many tech workers. the other thing burden on infrastructure area and commuting which leads me to wonder why new york city could possibly be in the mix. give me a break. commuting new york city these days, in and out of is a bushes. that is why they're splitting it
4:07 pm
up. so it doesn't burden either city. connell: stick around all three of you guys. we'll be back. melissa has this. melissa: president trump making his wray to fort wayne, indiana, for a stop. blake burman at the white house with the latest. blake. reporter: we saw this over the weaken and hour or so ago the president beginning speeches in the final push to the midterms tomorrow, by talking about the economy. touting the economy, the jobs numbers, the jobs report on friday. the president also continuing to give somewhat of a grim portrayal in his estimation of what would happen should democrats take full or partial control of cap -- capitol hill. listen here. >> a vote for democrats is a vote to bring the economic boom crashing to a sudden halt. the democrat agenda is a socialist nightmare for our country. [booing]. the republican agenda is the
4:08 pm
american dream. reporter: the president making those comments in ohio, that is the first of three stops for him today. after that it is off to indiana. then he ends in missouri, two states he will have gone to twice in the last week. there are razor-tight senate races in both states, states which republicans are trying to flip red, rather. if anything of major substance happens up on capitol hill, the prevailing thought is that the house could flip from red to blue. the president though says, that he is cautiously optimistic. >> i think we're doing well. i think the senate we're doing very well and i think we're going to do very well in the house. if you look over 100 years, for whatever reason the party with the president doesn't do very well. i think we're going to do pretty well. reporter: president trump also saying no matter what happens tomorrow night there will most likely be changes with his administration after election
4:09 pm
day. melissa. melissa: interesting. blake burman, thank you. connell: to follow up on some of blake's reporting there we go to the fox business maps and a look what you might be looking at early in the evening tomorrow, to give you an indication how the night is going. blake mentioned the state of indiana. on poll closings, indiana down at 7:00, along with other states eastern time. to be fair we'll get some of these results starting to come in the 6:00 p.m. eastern hour. look at indiana. look at kentucky. by the time you get to 7:00, interesting race in the state of virginia as well. taking a look at close races we talked a lot about the indiana senate race as we lead up into the midterms. we don't have to dig into it pretty much. people have an idea what is in store with the matchup. donnelly and braun, locked good in the fox poll, "real clear politics" average it is really, really close. if you look back to 2016, see
4:10 pm
how president trump did in this particular state, indiana will be split into two time zones. when we take out the eastern part of the state, we take the results first before we get the rest of the state. it may give us an idea, an early idea how the. >> it is going. similar fashion, you have a lot of people talking when we go to the house of representatives, what is the early one to watch, many people bring up this kentucky race. it's a very interesting race for a couple of different reasons in kentucky 6. one is about personal stories here because amy mcgrath, the democrat who is running to try to win this seat from andy barr, the republican, is former fighter pilot, has a great personal story, can she win this seat normally republican? we'll see. i say i cheated a little bit as we go to karl rove, former senior advisor to president george w. bush, former fox news contributor. i met karl in the hallway, i asked him before, karl, what are you watching? he told me those races.
4:11 pm
i brought them up on the board. i wanted to illustrate for everybody else karl, why they are so important. give us a walk-through. >> you have them mostly right i have to say. you got indiana right. it is split between two time zones. i look early results for braun and donnelly in the counties in the eastern part of the state, comparing them to where donald trump was in 2016. connell: right. >> so we'll get an early indication there. the kentucky race take a little bit off style and content on the kentucky state. connell: go ahead. >> second most democratic district in the state. only district more democratic is the louisville district, held by only democrat from the state. i will watch the race early, they come in, in the eastern time zone, they will be, they will be reported in the in 6:00 hour. if andy bar wins by a big margin, doing well early in the evening, this is a good sign for
4:12 pm
republicans. if he is winning narrowly it's a good sign. if she narrowly wins it, it may indicate night will not be as good for democrat as expected. if she blows it out, it will be good night for democrats. connell: thank you for incumbent republican, but historically this district is more friendly to the democrats. can you extrapolate out, we have balance power as it stands in the house right now. we know democrats need to go plus 23. seems like somewhat of a wide agreement from the experts out there that they can get to the plus 17 or 18 without a problem, right? >> charlie cook, for example, has 17 republican-held districts he cause lean democrat or likely democrat or solid democrat. they're offset by one district in pennsylvania, because of redistricting is considered solid republican seat and one seat in minnesota, open seat that is considered to be a lean republican seat. but yeah, you're right, roughly
4:13 pm
15 democrat seats net they can get to. the question how they get to the 23 they need? how far beyond do they get. cook has 28 republican grabs, tossups. 22 are incumbents. six are open seats. easier to win open seat than incumbent. connell: republican hold on to five house seats, for argument sake, to democrats plus 40? >> that is the range of range. cook is 25 to 40. it is even wider among 538.com. so look, my sense is that we're going to have a very long night. we'll be counting a lot of ballots. i would not be surprised if the house does change control. that those final, that those seats, the 23 seats needed to take control are literally settled out of several million
4:14 pm
votes cast in those races are settled by several of tens of thousands of votes. connell: quickly as we wrap up, it is simple as saying, probably not ever simple, so much made out of the suburban vote in house districts is that overdone or will that really decide it? >> no, that is not overdone. midterm elections are fought out in certain kinds of districts. this year the swing voter is independent, lean republican or soft republican, whose college educated, in the past voted for republicans for congress but this year is up for grabs. connell: we'll go to virginia 7 as an example. >> virginia, 7, virginia 10, virginia 2, hampton roads, newport news, those are incumbents. virginia 5 is more rural, charlottesville, up for grabs. four seats in virginia, i will watch them, in the 7:00 hour. connell: slight correction.
4:15 pm
>> not bad for a business guy. connell: no hemmer,. melissa. melissa: our panel is back to react to all of that. i will start with dan heninger. what was your takeaway from that, that is most meaningful to the markets and the economy? >> well, basically the fact that it is such a tossup melissa. as karl rove was making clear, there are so many close races out there. at every level, the senate seats, the republican fight to control the senate. the house looks like we could go early into the morning. even governorships in statehouses. you're talking about control of statehouses that will redistrict through census in 2021. it is just so close. if i could just try to make it simple. donald trump has insisted this is referendum on him. it may be ultimately a lot of these races are going to be decided by voters who decide, i like donald trump or i don't
4:16 pm
prefer donald trump at all. that, i mean, a lot of people said that. they want to send him a message one way or another. he insisted on making that the basis for the vote. melissa: liz, i love how a lot of these banks and analysts want their cake and eat it too. this from deutsche bank. unified republican control is more likely bullish while dividing could de-escalate the current trade conflict. you could win or win in the market? >> oh, good. that takes away all the anxiety as it comes out tomorrow. melissa: it really could. >> dan is right, closeness, "the new york times" in today's paper said it is basically up for grabs, the house and actually i think they're seeding that republicans will take the senate. what that really means to me is, the democrats, who i think, would take issue with dan's thought this is all about trump because trump has made it that way. he has certainly helped but democrat have too. they have been out campaigning against donald trump. they have no platform.
4:17 pm
they have no economic agenda that they have coalesced around. it is all about anti-trump. so what i read from that, if it is not a blowout, it means people are actually pretty happy with policies that we've enacted over the last, what is it 18 months or whatever? they're pretty happy with the economy. so, i would really, i think if it is close, if the democrats end up with a lead in the house of 10, 15 seats, something like that, which seems likely, i think really nothing changes in the way of the agenda. i really don't think you will see a lot of obstruction. melissa: jonathan, to build on liz's point, i saw one stat "real clear politics," 72% of the people were happy with the economy. thought the economy was great. >> liz, the economy is strong, what makes this election so monumental, melissa, because the economy is strong. voters are given a choice. not always a perfect choice.
4:18 pm
traditional gop voters voiced outrage about trump tariffs, economic spending policies, that is what make elections so important, so contested i think they will move the markets tomorrow and weeks to come. melissa: guys, thank you. connell: president trump making his way as we talked about to indiana, hoping to push republican voters to the polls. is his message getting through? wheel talk to sean spicer, former house press secretary. melissa: we're watching the florida senate race very tight, between rick scott and bill nelson. we'll have an interview with rick scott coming up later this hour. stay tuned. i am a family man.
4:19 pm
4:20 pm
i am a techie dad. i believe the best technology should feel effortless. like magic.
4:21 pm
at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. connell: president trump is leaving ohio, making his way to indiana, the second of three campaign rallies today.
4:22 pm
jeff flock is waiting for him in fort wayne. i'm sure a few others are as well. hey, jeff. reporter: this is a couple of his close friends here. the question is, they are friend of the president, are they friends of mike braun? we'll see about that. it snakes from here -- every time i come to the rallies, one of that's days nobody will show up, but every time we come a whole pile of people show up so it is pretty amazing. the race in indiana is quite unique, connell. we talked about it earlier. joe donnelly, democratic senator, help from former president obama. braun had help from the president before and also again today. they both though kind of embrace the president. but the president says, my choice is clear. the republican who is not going to obstruct me. for him it is about kavanaugh and caravans. listen to the president. >> the democrats want to invite caravan after vary can.
4:23 pm
i think they overplayed their hand on this one, folks. [shouting]. because between justice kavanaugh and the caravans, you people are energized. [cheering] reporter: but joe donnelly says he would point out he supported the president 62% of the time. it wasn't on judge kavanaugh and it wasn't on tax reform as well. that is what mike braun would point out. either way in a state it is clear the president won by 19 percentage points two years ago, joe donnelly, the democrat, has to get people who voted for the president. listen to donnelly. >> this is a very, very close election and every vote counts. your vote is your voice! [cheering] if we do this rally and you
4:24 pm
don't vote, this rally means nothing. so are you ready to vote? [cheering] and are you ready to win?! reporter: those folks there, obviously ready to vote, ready to win. i think these folks ready to vote and win already. >> we'll make america great again. reporter: you are? that is what the hat says. >> this line is worth the wait. we'll have a fabulous time. can't wait to meet the president of the united states. reporter: a sentiment echoed by many in the crowd. connell? connell: good use of by golly as we always come to expect of you. when you come to the rallies, you are like the fire marshal counting people as they come in. you do the best job, jeff flock. melissa got jeff a present. melissa: i thought he could use this because he is always at the rally, walking around counting heads. i decided it was too fun, so i kept it myself. look i'm clicking.
4:25 pm
i'm up to about 3982. perfect. good stuff. connell: be good, all right? jeff flock. one of the greats. melissa: president trump is making the final pitch to the american people. what message is resonating with most, most with the voters? we're discussing next with sean spicer, former white house press secretary. iranian president rouhani vowing to defy u.s. sanctions by selling oil. ambassador danny danon responds to the fallout. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price.
4:26 pm
td ameritrade. ♪ touch shows how we really feel. but does psoriasis ever get in the way? embrace the chance of 100% clear skin with taltz, the first and only treatment of its kind offering people with moderate to severe psoriasis a chance at 100% clear skin. with taltz, up to 90% of people quickly saw a significant improvement of their psoriasis plaques. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them. tell your doctor if you have an infection, symptoms, or received a vaccine or plan to. inflammatory bowel disease can happen with taltz, including worsening of symptoms. serious allergic reactions can occur. ready for a chance at 100% clear skin?
4:27 pm
ask your doctor about taltz. and all through the house 'twas the night before christmas not a creature was stirring, but everywhere else... there are stores open late for shopping and fun as people seek gifts or even give some. not necessarily wrapped with paper and bows, but gifts of kind deeds, hard work and cold toes. there's magic in the air, on this day, at this time. the world's very much alive at 11:59.
4:28 pm
connell: to a bruising battle playing out in the state of florida president trump throwing his support behind governor rick scott in the state's closely watched senate race. here is a tweet from the president on the race. remember, florida, i've been president of the united states for two years. during that time, senator bill nelson called me once. senator rick scott called constantly requesting dollars
4:29 pm
for florida. did great job on hurricanes, vote scott. with that kristina partsinevelos is on the ground in florida today with the governor running for senate. has an interview with rick scott. take it away, kristina. reporter: thank you. he just finish ad rally. there is lots of people standing around. lots of good music, i have to say that. you mentioned just about changing it, doing a better job going forward. given the president's relationship with you, the tweets he put out this morning, how is that relationship going to enable or improve the situation here in florida? >> it all about results. representing people in florida. since the president was elected. hears about been a great partner. we had two hurricanes. i pot everything i got. i couldn't do the prior administration to do the dike, lake okeechobee, the project. getting that done by 2022. he is a great partner. i grew up in very poor family. i don't even know my dad.
4:30 pm
parents, i have adopted father not have a job. had a car repossess is. he cares about jobs. lower taxes deregulation, it works. not heart to figure it out. reporter: you say you know how it works. it is contentious race. it's a tossup. if you look at polls, as of today seems like the dems are leaning forward. what are your thoughts why that is happening? >> in 2010 when i ran the primary said i would lose by a lot. i won. in the general election they said i would lose. i won. in 2014 for re-election, polls said i would lose. i won. so i told, polls said trump would lose florida. reporter: throw the polls out the window? >> about getting people out to vote. to talk to people. i have shaken hands with over half a million people i got elected. i travel the state every day. it works. go talk to people. solve their problems. reporter: speaking of solving problems, if you're given a seat in the senate -- >> when, when. reporter: sorry, when you're
4:31 pm
given seat in the senate, what is the top priority for you, let's say america's economy, bring iing it back to florida? >> reduce taxes and regulation. support the military so we have great defense. but the biggest thing for our state is its jobs, its education, public safety, those are generally biggest things i will be working on. jobs, jobs, jobs. reporter: jobs, jobs. >> we added 1.6 million jobs since i was elected. fastest job growth in the nation. lowest unemployment rate in the nation. my goal is to kick texas' butt every day. reporter: you listed great stats. you're familiar face. you're the governor. people know you. incumbent bill nelson has been around for a while. 75-year-old incumbent, democratic party. how has that made it more difficult? people know you? >> here is the difference. he is a talker, i'm a worker. you know, he has proposed 900 bills since he got into congress. 11 became law.
4:32 pm
would you keep somebody like that? no. he voted against the trump tax cuts. i want to give you a tax cut. we have cut $10 billion taxes. he never know how to create a job. he hasn't run a business. he cares about one job? his. i don't need a job. i want to do this because i want to help every family in my state. i love the people that live here. i will go bust my butt for them. reporter: there you go. busting your butt. thanks for joining us. connell: christine that, thank you. we want to point out we reached out to senator nelson's campaign but have not heard back. we appreciate that from kristina partsinevelos. melissa: we are keeping an eye on the closest projected races and how they could ultimately impact the balance of power. tom bevin, "real clear politics" founder and cofounder coming up. ♪
4:33 pm
4:34 pm
when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering seven things every medicare supplement should have. it's yours free just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free and there's no obligation. you see, medicare covers only about 80 percent of your part b medical
4:35 pm
expenses, the rest is up to you. that's why so many people purchase medicare supplement insurance plans, like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or co-payments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus you can get medical care anywhere in the country, even when you're travelling. with humana, you get a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare and help save you money. so how do you find the plan that's right for you, one that fits your needs and your budget? call humana now at the number on your screen for this free guide. it's just one of the
4:36 pm
ways that humana is making healthcare simpler. and when you call, a knowledgeable licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free and there's no obligation. you know medicare won't cover all your medical costs, so call now and see why a medicare supplement plan from a company like humana, just might be the answer. ♪ melissa: president trump and his message to american voters, some critics are blasting the president for focusing on immigration rather than the economy on the campaign trail. two years ago a lot of same voices slammed president trump for visiting key battleground states like pennsylvania, michigan, wisconsin, we know how that turned out. along with our next guest, sean spicer, former white house press secretary and american action first spokesperson. thank you so much for joining us.
4:37 pm
>> of course. good afternoon. melissa: it is interesting to me. you hear a lot of people telling president past couple days how to do marketing and you got to wonder if they know better because the economy is really positive message or if he knows better? >> i think he has a proven track record knowing better. you pointed out really well last cycle, states like pennsylvania, michigan, iowa, wisconsin, they told us we had no chances of winning, it was his gut not just to go there, where to go, what to say and when to say it and he is right. he has shown last few years he has natural understanding what motivates people, what messages sell and he has shown it. what has gotten lost in this discussion, melissa, obviously there is a lot of talk whether the republicans keep the house or not but these traditional, for presidents in their first term, not only do they lose just over 30 seats, they lose average of five seats in the senate since 1980s. what that means we're now talking about the senate picking up seats on the republican side.
4:38 pm
that is because what this president has done politically, where he has gone, what he is saying. a lot of the races we're now talking about, republicans leading in or being extremely competitive in weren't that way a few months back. because of president's action put in place. melissa: you know the democrat talking points. this is all about suburban women. they're bothered by the conversation about the border and the caravan. that democrats paint that rhetoric as racist. when he is out there doing it, it just fuels that fire and it turns off people who might come out and vote for the republican but are kind of on the fence? >> but look i get talking points, i know what people say, the critics say but look at the evidence. look at early voting, in most of the key states are battlegrounds, republicans are leading in early votes, voting in most of those states. you look at republican intensity, it is at a historic high. this president's party approval rating by party is among the highest in any modern presidents by either party. so i know you have vocal critics
4:39 pm
on the republican side that don't like some of the style that this president employs but the reality is, the results both policywise and politically say a different story, tell a different story. melissa: how similar do you think it is in 2016, the idea, there were sleeper trump voters, whispered quiet, whatever they want to call it, trump voters who didn't want to tell people? do you think the phenomenon is about the same size? do you think it is mostly gone? what do you think we'll say about that this time around? >> obviously there is a little bit after difference. he was actually on the ballot. b, you're running a national election. this time it is almost a proxy election in some of these bat ground states. they're not necessarily voting for trump, but voting for a senator, governor, house member, so they say they're voting for that person but i think you're on to something, we'll find out tomorrow, how many people traditionally don't necessarily vote in the midterm, came out or haven't been as public in their
4:40 pm
support for not just the president but for the republican policies, have kept it quiet, showed up to vote. melissa: interesting. sean spicer thank you for your time. >> you bet. connell: breaking news for president trump on twitter. he tweeteds just moment ago. thank you ohio, when you enter the voting booth tomorrow you will make a simple choice, a vote for republicans is a vote to continue our extraordinary prosperity. a vote for dems to bring the economic boom to a sudden screeching halt. vote for mike dewine as governor. president sees jeff flock in indiana. melissa: iran's president vows to defy sanctions from the trump administration? where do we go from here? danny danon, ambassador to the u.n. he is up next. ♪ e from conventional thinking.
4:41 pm
we are a different kind of financial company. we are athene, and we are driven to do more.
4:42 pm
4:43 pm
connell: breaking news. we bring you another
4:44 pm
presidential tweet at this hour. i guess this is a little in between rally tweeting trot president aboard air force one. here is the next tweet. republicans created the best economy in the history of our country and the hottest jobs market on planet earth. the democrat agenda is socialist nightmare, tweets the president. the republican agenda is the american dream. there you have it. melissa. melissa: the trump administration releasing the toughest sanctions against iran but iranian president rouhani is vowing to defy the white house saying, quote, unfair sanctions are against the law, u.n. resolutions and international accords. therefore we will proudly break the sanctions. joining me danny danon, israeli ambassador to the u.n. thank you so much for joining us. how does this shake out? how much of a burden are the sanctions to iran? how much can they be enforced and how much resides on the
4:45 pm
soldiers of swift and money clearing system that iran likes to use? >> good afternoon, melissa. we hear that the iranians are panicking. they are tweeting, responding to the sanctions. we welcome those sanctions it is the right approach to deal with this hostile regime. we have to ask ourselves what europeans will do now? whether they will join the leadership of president trump and the u.s. or continue to fine bypasses to buy oil from iran? i think eventually they will have to join the u.s. because the companies, they're no better than the governments. we see european companies cutting off relations with the iranian market. it is influencing the economy of iran. i think sanctions will be very effective. it will force the iranians to make a choice. either betray their own economy or change the nuclear agreement. melissa: what kind of impact do we think it is going to have or is having on people inside of iran? we don't have a lot of great intelligence about that. we saw pictures of the "death to america" rally.
4:46 pm
a lot of pictures coming out. israel has better intelligence what is going on inside iran than we do probably. what is your take what is really going on? >> first we're saying it out loud. we have nothing against the iranian people. we have common with the jewish people and iranian people. this is only against a hostile regime that gives hundreds of million of dollars to terrorist organizations around the world. lebanon, only recently israeli intelligence services found out about activities in denmark and france funded by iran. the religion game is using infrastructure and to support terrorism instead of supporting the people of iran. melissa: that is not what president obama said, originally when the money was quote, unquote given back to iran. he made the point all we were doing by withholding the money was hurting people inside the country. if they had more economic
4:47 pm
opportunity they would see what was going on with the rest of the world. that was the best way in order to undermine the regime. why didn't that happen? >> president obama applied sanctions, very good sanctions against the iranians. they were effective. the problem was, instead of waiting and continuing to apply more pressure he ran and signed this agreement. it was a bad agreement. when you look at the agreement today, iranians can spread money to terrorist organizations. you cannot inspect the sites. there are a lot of closed issues, which means in a few years they are able to go back to produce nuclear capabilities. sanctions by president obama was good but timing of stopping them was a mistake. melissa: ambassador, you made the point many times, for those in charge of iran it isn't about money. it is about their ideology and as much as you try to squeeze them, what is really the desired end result? is it regime change? we talk about trying to make them behave better but is that realistic?
4:48 pm
>> welshes the middle east it is hard to predict. no one will know when, how, what will be the cause of regime change. i don't think you can anticipate that. you can force them to make a choice. when you will put more sanctions, look at airlines, for example. major airlines decided to stop flying to iran. main score companies digit major companies like total tall are pulling out. it will force people to go out in the streets and force the government to change their course. melissa: ambassador, thank you very much. >> thank you, melissa. connell: everyone seems fired up about the midterms. we'll break down more key races that could change the balance of power in our nation's capitol. some early ones to watch up next we just got married.
4:49 pm
4:50 pm
4:51 pm
we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management.
4:52 pm
connell: all right. further break down of key house races to watch ahead of tomorrow night. some big ones could be crucial in terms of flipping the balance of power you see behind me. we talked over and over how the dems need to go plus 23 in hot us, in terms of what we watch in the election night. we have 29 races in the house are tossups. when you add in the lean ds, lean rs, 70 to 80 competitive races we're actually watching. before we go to our guest, tom bevin, "real clear politics," we'll look at a couple races we'll watch early on. karl mentioned kentucky 6. karl mentioned that. a one getting a lot of attention, virginia 7, it is interesting in that race. that is dave brat's seat. dave brat beat eric cantor. he is being challenged heavily. how is he holding up is seen as pretty good indicator. down to florida 15 real quick,
4:53 pm
it follows up on earlier point about suburban voters, suburban tampa voters. so with that, tom bevin, let me bring you into the conversation because as we did with karl earlier, we were trying to get early indicators. you think these are two of them. expand on that, maybe add to it. >> as karl mentioned look, there are a few different types of seats we're looking at. there are the districts that, that where you have republican incumbents in tight races. those will be indicators. if dave brat goes down early in the night. last poll had i am hupp couple points, but this very close race. that will be bad independent can it tore for republicans. florida 15 is open seat. there are a lot of open seats, much, much tougher for republicans to defend open seats. incumbency has a lot of advantages particularly in this environment where trump is such a figure, you look at incumbent republicans they have their open
4:54 pm
bonefides with their constituents, they are able to insulate themselves. florida 15 was not on a lot of radar screens up until a few weeks ago. very, very close. northeast suburbs of tampa. connell: right. >> another one is peter roskam of illinois 6. connell: i have that one as you are speaking. so people get an idea. roskam is republican candidate in illinois 6. the democratic candidate is sean casten. tell us about the race and more importantly what it would tell us? >> roskam is in congress 12 years. he won when republicans were getting wiped out all over the country. this suburban districts went for romney in 2012. flipped and went for clinton in 2016. this is romney-clinton district. the district is moving towards democrats. roskam is in the fight of his life. kasten is good candidate, a little left for the district.
4:55 pm
roskam is fighting trump effect as well as bruce rauner, the governor running for re-election in illinois, who is doing fairly poorly in the polls, trailing j.b. pritzker by a good margin. connell: a final point, coming up a couple times, maybe the back and forth on "snl," the democrats are running a couple candidates, i talked about this with karl, kentucky 6, maine 2, with military experience. how much that matters in this type after cycle and how much it might help them? >> this is part of the democrats, they had a lot of their enthusiasm, a lot of candidates have a lot of money. they recruited quality candidates around the country, including former military veterans, cia veterans. they're running in districts that they fit the district. the question for democrats is, a lot of these folks pledged they won't vote for nancy pelosi as speaker. they're doing that because they have to do to win in, by
4:56 pm
tomorrow. connell: your best guess, we have to go, pretty much with the consensus here, democratic house, republican senate? >> i am. i think it will be a split decision but variance is very, very wide. there is still opportunities for republicans and democrats to blow it out on either side. connell: could hang on by a couple, really republicans could blow it out? you think that? >> there is republicans to hold the house and add three or four seats in the senate. connell: interesting, thank you, tom. always great. tom bevin. melissa. melissa: tech giant dragging on stocks but can the new flagship product help turn the tide? fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients
4:57 pm
come from other money managers. fisher investments. clearly better money management. .. each day our planet awakens with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs.
4:58 pm
they all lead here. cme group - how the world advances.
4:59 pm
should happen everydred five hundred years, right? fact is, there have been twenty-six in the last decade. allstate is adapting. with drones to assess home damage sooner. and if a flying object damages your car, you can snap a photo and get your claim processed in hours, not days. plus, allstate can pay your claim in minutes. now that you know the truth... are you in good hands? >> you might've heard there is a pretty big election happening tomorrow, but here's what else is on deck. the macbook and ipad pro after the product revealed last week. >> disney reports fourth-quarter results in a big day saturday.
5:00 pm
arriving across the street in rockefeller center here in new york city. it will be 72 feet tall. i have it on good information. the first is paired >> we are getting the christmas tree even though it's still october. >> can be very similar to last year's. probably not. "bulls & bears" starts now. david: hi, everybody. this is "bulls & bears." i am david asman bridge when we on the panel, charles payne is supposed along with morgan martinez, jon hilsenrath. stock surgeon at the dow closing up 190 points just a day before millions of people head to the polls. do you know, what is the market telling us about tomorrow? >> well, i think what we're looking not at the market. two things are the markets okay with split government. i

45 Views

info Stream Only

Uploaded by TV Archive on