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Voters in all of the states ive been visiting, which is at the end of the day democrats really do want someone who can beat donald trump and the polling continues to show that biden has the broadest path to doing that. >> all right. garrett, thanks very much. garrett haake in des moines, iowa. with signs of an economic slowdown on the horizon, a new word the trump administration is considering yet another way to boost the economy. on monday "the washington post" reported that the white house w...

Investor, short seller, very bearish on china, said he cannot believe people are complaining their nikes produced in china will cost more this christmas. we should care more about national security. this isnt about people complaining about their nikes costing more. theyre complaining because the presidents economic adviser peter navarro argued this week this is not going to affect the american consumer and the president has been arguing that all along. >> intellectual honesty would be to say thi...

Afloat and keep expansions going long. >> you make an interesting point. the average time between recessions, i think we got a different graphic that shows the time between recessions. >> do we have that? >> bottom line is -- let me get to that. so this is the time between recession, right? you can see that this one is uniquely long. the last time we had such a stretch between recessions was in the 90s. it was a few months longer than this one. recessions come and go. >> without a doubt. >> the ...

Who does win out of this? the only positive is you benefit from low interest rates. if you are on a fixed income, you dont. who gains from this? if you need a mortgage, it is not bad, i guess. >> lower interest rates are certainly good for borrowers or whether you are buying a house or a car. some countries in southeast asia benefit when supply chain gets moved from china to indonesia or vietnam, that sort of thing. mostly the entire world is a loser. this is what economists have known about tra...

What it would take to remove or halt them, only saying, quote, it will be at our discretion on an ad hoc basis. chuck grassley condemned the move saying in a statement trade policy and border security are separate issues. this is a misuse of presidential tariff authority and counter to congressional intent. he said that the tariff threat would seriously jeopardize passage of the revised north american free trade agreement and, quote, i support nearly every one of president trumps immigration p...

Lets fix the things that is not working. >> thank you for joining us on this program. jill and charlie, hang out for a minute. we want to talk about something else that is making big news today. the dow hitting 22,000 this morning for the first time ever. you can see it there. a live look at the big board happened a couple minutes after open really because of a huge earnings report from apple. i want to bring in now cnbc expert domrert dominik over at headquarters there. put this into perspect...

Americas ethics laws moving forward beyond trump because you cant apply it retroactively to the president coming in, i guess maybe you would have to pass a constitutional amendment that would bind the president of the united states, future presidents, to the same sort of code of ethics that congress has to adhere to. >> you would. of course theres all sorts of double standards. congress exempts itself from freedom of information act. im concerned about here and now with trump. white house counse...

Mnuchin-minumnuchin, mnuchin spent a lot of time raising money for trump. he was rumored to be the guy that would get treasury. speculations for weeks now. this is confirmation of it. he was on cnbc this morning confirming that as well. as was wilbur ross talking about the fact that they do accept the nomination or would accept the nomination and are moving forward with this. an investor in trump tower yesterday. he walks out with a camo make america great again hat. they asked him about it and ...

The exits. "im taking it seriously, and im fully out of the market now. i probably would have stayed in until the beginning of september, depending on the indicators an how they varied. that was my basic plan, until the hindenberg came along." uh-oh, the humanity. cnn economic expert also warning now the floor is about to drop out on the stock market. financial expert charles nenner predicted the dow will drop to 5,000 in the next two-and-a-half years. here is what he said. >> if i project from ...

I have no idea when its coming. it could be a month from now. it could be five years from now. i dont know. but the piper is going to have to be paid. i said it about 5,000. now cnbc is saying gee, we might hit 5,000. a year later i warned about what else was headed our way. >> say that with knowledge of what is coming. and what is coming is a depression. if you let things fail, a depression is coming. >> glenn: why did i say that? notice the last sentence. "if you let things fail, a depression ...