Chairman of the American Enterprise institute or trustees. Its my pleasure to welcome you to aeis irving urban kristol e summit, featuring renowned scholar nicholas eberstadt. Nick holds the chair and political economy at aei. Nick is being honored with this years Irving Kristol award and is simply put one of aeis and americas great intellectuals. At this moment in our nations history, his work and his lecture today will point the way forward for our country and offer a vision for how to revitalize our nation and oppose pandemic world. His scholarship and that all of aei scholars has served to help americas leaders navigate our nations the story challenges throughout the course of this year. Although many challenges still lie ahead, aei is wellpositioned to meet these headon by supplying the visionary thinking and actionable policy solutions that our nation needs. Aeis college will promote free people and free markets, increased economic and social mobility, revitalize constitutional o
My name is dan, chairman of the American Enterprise Institute Board of trustees. It is my pleasure to welcome you to the urban lecture it summit, featuring nicholas eberstadt. Tok holds that henry went chair in political economy at aei he is being honored with this years award and is one of aeis and americas great intellectuals. At this moment in our nations will pointcks work a way forward for our country and offer a vision for how to revitalize our nation in a postpandemic world. Nicks scholarship and all aei histori navigateders historic challenges. Meets wellpositioned to challenges headon by supplying the visionary thinking and actionable policy solutions that our nation needs. Aei scholars will promote free people and free markets, increased economic and social mobility, revitalize constitutional order, bolster american civil life, and promote americas leadership in the world. On behalf of all of us at aei, thank you for your support that makes our vital work possible. In the spi
Coronavirus hitting the Republican National convention, President Trump canceling events in jacksonville, florida as cases spike in the state. The cdc pushing for the reopening of schools, saying it is critically important for our Public Health. How about the future of the country . And unrest in america, another night of protests in portland, plus demonstrations erupting in chicago outside of the mayors house. And play ball, the baseball season finally gets underway with a wild pitch from dr. Anthony fauci. He tried. Plus, our weeklong look at instagram stars comes to an end with the people behind some very funny and pop o popular memes. The cofounders of my therapist says join me live with the secrets behind their viral post. Mornings with maria is live right now. Checking on Global Market action, growing tensions between the United States and china leading to losses around the globe. Europe, you see there, red across the board. Losses north of 1 in england, france and germany. Asia
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower by 86. Uk finance minister announced that the latest Recovery Plan lathe today later today is expected to open pubs
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the Recession Risk has fallen because the yield curve is no longer inverted and the 10year yield on the treasury