I love all three of these people. Individually in different ways. Again you all bring such intelligence and such insight. In rigorous honor dash mike honesty to the conversation. Peter teal who spoke with maria on google. The radio host a. M. 970 and saturday night live alone on the canceling the movie of the hunt. In the Energy Analyst global head. You dont want to miss any of these coming up. U. S. China trade. The economist saying that fears of a u. S. China trade war are increasing. And that they no longer expect a trade deal before the 2020 election. President trump threatening to impose a threat on september the first that would mean that every dollar of imports into this country has a tariff on it. Protest in hong kong still ongoing with over 100 Flights Canceled at the airport today. This is a rough start. What do you make of the Goldman Sachs call. I was talking to a bunch of traders who in an observation the trade war is not impacting just our economy but impacting all global economies the uncertainty regarding investment in the Global Economic environment is really weighing on all economies is not just as that want to resolve it for the sake of our growth. Its our countries as well. That has a lot to do with this trade. Be careful what you wish for. If we send china into recession that basically could be our downfall. We are already seeing the currency moves last week and us designating the currency manipulator it probably wont go anywhere because they arent on board with that. You basically have a foreign currencies collapsing while the higher dollar amount paid back. We always point to the consumer. Do you have any sense. What will be the Tipping Point its one thing after another. People seem numb it to them. At this point we were talking about the impact on people for so long. It second happened. I think until people actually feel it right now just can be one more thing trump will blow this up and we will have a recession. There is a lot of boy who cried wolf here. Once there is a symbolic, it feels like in my pocketbook that things are different now. I dont think people will feel differently. The markets seem to be equalizing for them and for the most part Consumer Confidence is at an alltime high. I dont think we will see that shift until something that we all feel. What you make of the china trade fight. I think lee has a good point. They have the political will to carry this on for as long as they would like. They are a state run the government they can do what they want. What we head in the United States is the that the economic will to last for as long as we like. With that being said that doesnt seem to be very far away. With the most recent move to put this to the last level of tariffs with consumer goods. I think you will see this thing come to some sort of an end. Weve been going on in this trade war for almost two years and we havent seen any real resolution or benefit to american businesses or consumers. Is starting to weigh in. You are hearing more and more guidance in the Second Quarter earnings from companies saying if the trader work continues then we will adjust down. I want to move on to the 2020 candidates if we can. The hopefuls making a stop at the iowa state fair. A group handed out thousands of dollar bills with his face on him. They set things like what did you make of this. I have some photos of took over the weekend. I was gonna going to do a sidebyside of diblasio and iowa in the garbage all over the streets in my neighborhood. What did you make of the reception. Is he done in the race and also the showing for the candidates in iowa over the weekend. This is still the pregame and left it wait and see what happens. They indicate that there are number of candidates that have not registered on the polls. Will have to wait and see what happens. In the next to me because of the threshold thats a little bit higher. Youre definitely get to see this get a little bit smaller. We will have a real conversation about where the Democratic Party wants to move the country. The only moderate is joe biden. I will ask you about that later. Do people Pay Attention to the gaps. If you come to the table with the expectation that youre going to say some things that you fumble. As i sit here fumbling the expectation is that is just a vp joe. I think the caps on matter to critics. If youre a critic and not sure what to make. As a problem. I think joe is in the same boat right now. Its a very similar thing with the democrats and what theyre going through right now. I dont think, Harris Kamala harris learned that. But i wanted to turn to a Jeffrey Epstein. Barr orders an investigation insane serious questions must be answered. Correction officers did not step on him for hours. The protocol with a detainee like this would be to check on him every half hour he shouldve have a roommate or a cellmate and there was no a cellmate there. Did the death by parent suicide could not had been scripted better to undermine trust in Law Enforcement in the prison and Legal Systems and this is in this is our way to becoming an in the trust in our legal system and Law Enforcement is faltering. I think its an interesting site but that washington journal over the weekend. I was watching the new documentary about the rapper mick mills and his struggle with the justice system. I constantly got extended. It shines the light in our industrial confidence the issues are about equity and fairness in is about making sure you of will treat folks doing the right job. Its about justice for the victims. We will get into the legal intervals of this. That is the Biggest Issue. The thing i think its really interesting as theyre talking to people out there a lot of people are not surprised and people dont blame the guards that much either for letting it happen or for looking the other way and then theres the more nefarious accusations and who knows if it really happened. I dont think its good to can be an issue that puts a low crisis image into that system. What does this mean for the victims are they going to get prosecution, will they continue to investigate these crimes. Tomorrow i think the crisis already exists. A what we had realized over the past couple of years its better to be rich and guilty than to be poor and innocent in our justice system. Also, the crisis we are talking about is the rest occlusion hoax. There was clearly russian interference in the election. Basically an investigation going on into the trumpet Trump Campaign they use some questionable tactics. This is actually something that goes on both sides of the people feel like Law Enforcement and people in Law Enforcement are using the system for their own benefit or for the gain of others for the rich or powerful. Your general reaction. I sat on a news channel. I wasnt shop shocked at all. Again, this leads to conspiracy theories over the rest of our life. Will anybody believe it. I asked as a question not as a statement. Google under the microscope. Whether the tech giant should have to answer tough questions about privacy in china. Fun fact 1 in 4 of us millennials have debt we might die with. And most of that debt is actually from credit cards. Its just not right. But with sofi, you can get your credit cards right by consolidating your Credit Card Debt into one monthly payment. You can get your Interest Rate right by locking in a fixed low rate today. And you can get your money right. With sofi. Check your rate in 2 minutes or less. Get a nofee personal loan up to 100k. Content on their endless quest, to nowhere. S, run hopelessly in their cage. But perhaps this year, a more exhilarating endeavor awaits. Defy the laws of human nature,at the summer of audi sales event. Get exceptional offers now. We all feel, we all love, we all cry. Its part of being human. Sonoma county declared a homeless emergency in 2018. You have to know the individuals youre serving to understand their needs. Working with ibm watson we can bring together data spread across dozens of departments. That gives us a fuller view of the people we serve. Dear tech, dear tech, we need to look after everyone in our community. And we want to help our fellow human beings. Russian president facing a president facing a major challenge from protesters. Cheryl has the details. Protesters gathered over the weekend just a mile from the kremlin to show their anger over the political system and the lack of Economic Growth and not enough political choices. They also demonstrated against the use of violence in the courts. The Approval Rating dropped to the lowest level. Ford gets ready to pay up in a class action lawsuit. Those are the Multimedia Systems for cars. According to the website three of the 16,000 sand to get about 400 each. Now to entertainment. The fast and furious spinoff. The second one at the top of the box office. 332million globally. It just brought in 5. 5 million in the first weekend. If theres anything with the rock in it im on board. If you follow him on instagram he comes across as the most genuine authentic nice guy who works his tail off. It appreciates everything in. Appreciates every dollar that he has ever earned. And of course i wonder if its an i love you to some feeling members. Taking a any and american gold medal fencer kneeling yelling during the Award Ceremony grabbing international attention. Plus, bonding guilt uncertainty. The rates were turned negative. We explained to you why this is something and why it could be devastating. Let me ask you something. Can the past help you write the future . Can you feel calm in the eye of a storm . Can you do more with less . Can you raise the bar while reducing your footprint . For our 100 years weve been answering the questions of today to meet the energy needs of tomorrow. Southern company taking a look at markets. In u. S. Bond yields in particular. 15trillion in Government Debt around the world has a negative yield on it now. Economies at this happens. Was lending. Just imagine a world where you are guaranteed a law firm in investment. Just think of what kind of feeling that you have to have about what the other classes are. Im getting guarantee them to get less returns back. Its worth it. But if there is any good news and there the bad news is for slavers savers. They are making even less. This is encouraging additional risk taking. The average credit on that is triple b. So the average investor is having to take on additional risk to get in some cases even less return. If they were to stay low. But Economic Conditions were to stay stable and not deter i think its great news. But thats not what the market is telling us right now. And the question is it what could revive a yields here in the United States 1. 3 as a record low yield of the ten year treasury so were not quite there yet. But what is good to turn this around and ive i said this all year what if the bond market is telling us about this direction. Some of it is sending a signal and some is that is just a slight decline. You will buy where you can get yield. I go back to what i said earlier. Some resolution of the trade war with china recovery and its a what is necessary to reverse the yields. Your reaction to that . Clearly, i just got through spending the last several days with some ceos of Large Companies and their really nervous about what could happen with china. Were making progress and then we dont. I think if we have resolution with that we can have some confidence. I think it would probably yield and go back up. Right now are in a terrible position because of the spread differential. I think you are right. Resolution of the trade dispute with china would provide some confidence stability and we can start to work our way higher. Ron, good to see you. Ron carson. Coming up focusing on google billing and air investor new questions about whether the tech at giant should have to answer tough questions about privacy in china. Canceling the hunt. The controversial film kicked to the curb. We take a look at next. [music] at synchrony, were changing whats possible every single day. But what does changing whats possible mean anyway . Well. If you run a business, it means a lot. For starters, we provide you with Financing Options for your customers. That way, you can help them buy the things they love instantly and pay over time. 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Dagen welcome back im Dagen Mcdowell in for Maria Bartiromo, monday august 12th, top stories at 6 30 a. M. Eastern, u. S. China trade turmoil, Goldman Sachs warning the risk of a recession rising due to ongoing trade battle, goldman does not expect a trade deal before the 2020 election. Futures showing dow to lower open, falling for a second week in a row last week, losses across the board there. In europe take a look at the selling across the board there, dax in germany is barely lower by less than one tenth of a percent. In asia overnight, markets mixed, in chinese yuan weaker per u. S. Dollar for third day in a row, hang seng and hong kong was down as protests continue there and the nikkei closed for holiday. U. S. Gold medalist takes the knee during National Anthem, the champion kneeling while representing team usa on the world stage, the outrage and the cheers for simone biles, we will show you that coming up, controversial movie, the hunt canceled, questioning reaction to recent Mass Shootings or the actual storyline of the film. Billionaire tech investor peter thiel targeting google, maria sitting down with founder and take on why the fbi should be investigating the tech giant. You wrote this oped in flashing times recently and the title was good for google, bad for america, you talk about google has walked away from the pentagon contract and working with china, in fact, working with Chinese Military. Tell us the crux of the oped . The Ai Artificial Intelligence Technology and and ai means a lot of different things, can be used in a lot of different ways but clearly has a lot of military applications for processing satellite images, helping create process data, you know, automating drone warfare, cyber warfare, tall ai is dual use thing, like nuclear technology, has built military and civilian uses, project in contract that google was part of it was supplying the Ai Technologies to u. S. Military and pulled out from that as a result of, you know, employee protests inside google. At the same time, google has a major Ai Research Lab in china where even though its not working correctly with the Chinese Military, all the Technology Gets handed on to the Chinese Military and this is not a controversial crazy conspiracy theory, this is in black and white in the constitution of the Chinese Communist party, as of 2017 got amended to stress that there needs to be Civil Military fusion in china where all things need to be integrated and anything that has civilian uses must be handed over to Peoples Liberation army. Poa. Maria any technology that comes into china has to be reviewed and used or looked at if it can be helpful to the military. Sure, t a communist oneparty state and so things are sort of fused, its not like the u. S. Where you have Different Companies and different people and you have, you know, you have a government sector and private sector and these things dont always coordinate or Work Together n china these things are still tightly coordinated across the board. Maria theres ai and agi, artificial general intelligence, give me the difference between the two and how is ai enabling the Chinese Military . Well, theyre both of catchall phrases, artificial general intelligence is super human, work you might have in Science Fiction movie and the way people talk about ai, this abstract thing thats going to be very different that may or may not happen decades, centuries from now, whats actually happening is machine learning, Artificial Intelligence and its much more helping process satellite images, helping with the cyber warfare, things like that, and thats its a social creditscoring system in china wher