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Buying equipment. if they get a trade deal people it, but will president obama begin to actively campaign for joe biden now and could that are going to be buying equipment turn the tide? , manufacturing is going to go up against were going to have a boom. >> first of all i think its a >> we will have a boom and horrendous mistake on the part thats one of the many things the president has in its pocket. of the democrats to beat up on if he can find a deal look at, president obama who remains for ...

>> at best we get one in the fourth quarter. theyll disappoint the market in june and not do a rate cut. >> charles: all right. gary b., weve been talking about these things in the headlines, whether theyre tariffs or china. its going to be refreshing to get back too old school market that is sort of relying on earnings forecasts and things like that. if that is the case in the second half of the year, how does that change the dynamics of this? >> well, you know, i think youre right. how long ha...

Strong. if we do get a dip, im going to continue to buy them. >> we had a dip in may. it was one of the worst in a long time and followed by the best june. the best june in 80 years. so the volatility might be back to garys point, feels like investors are grappling with the reason for the market to go higher. >> yes, heres the one thing with the market, which is why i think people can be bullish for the rest of the year, is theres not that euphoric state at this particular time. youre not seeing...

Buy. >> for people that are not as nimble as you and daniel, would it be worth holding since you expect the market to subsequently rally? we break out these levels that danielle described. get a true break-out. it can really take on a life of its own, couldnt it? >> really can. when youre in these late cycles, its not abnormal to see these surges happen. investors out there, i would say, if your overweight on exties, it never hurts to take some off the table when youve had a fantastic start in a...

>> charles: stocks taking off in the first half of the year with president trump sounding more upbeat on the china trade talks. investors betting the fed will cut interest rates. will good times roll? lets ask our experts. gary b., i dont think anyone thinks we can match the first half of the year, but maybe we still continue to move higher. >> we could move slightly higher, i suppose. look, its a dichotomy. weve risen almost 27% from the lows very late in 2018. are we going to tack on another 2...

Greg palkot, terrific reporting. greg palkot in paris. again, gary b, can that happen here? >> i think what youre seeing, on the roots of it its a protest to the gas tax, but i think its more a protest of the people dont feel the governments doing a good job. you have a country that is 10% chronic 10% unemployment. what happens when you have a government that has so many input into the gdp, almost 50% of the frances gdp, you get people dependent on what the government does. if you want to previe...

He wouldnt be in the market right now. maybe when hes finally put on the stand and if he is, we have a clear sense of what direction the governments going to go then you start buying but youre absolutely right, dagen. i would say of the things we talked about the tariffs, the fed and the mueller investigation, i would say this is at least the latter is at least 40% of my concern. dagen: wow youve got the final word here, you all are back next hour. john gets the first question i promise him that...

Enough they could blow the balance sheet up again if they were really buying securities to push money into the system if the fed radicals was really worried about the economy. i dont disagree with what youre saying, however what i do think is happening here is the market is reacting emotionally, to your point john, theyve moved away from fundamentals and they seem to have a very short attention span and theyre chasing shiny objects, a dangerous place for the market to be. dagen: in terms of the ...

Month, missing wall streets expectations of 200,000 and the unemployment rate held steady at 3.7% for a third month in a row and average hourly earnings the key number for investors worried about fed rate hikes came in as expected at 3.1%. one bright spot for investors this week the fed indicating they may take a wait and see approach when it comes to raising those interest rates next year. dagen? dagen: thank you so much, tracy. tracy carrasco, from the fox business network. you just saw invest...

Government, even when the government tries to make what they think are smart moves on behalf of everyone else, it gets in the way of private enterprise and now people are dependent way or another on what france does. >> dagen: weve got to go. gary b. see you soon. its a feeling thats hard to describe... ♪ ...and even harder to forget. ♪ the united states virgin islands.