Transcripts For FBC Mornings With Maria Bartiromo 20240713 :

FBC Mornings With Maria Bartiromo July 13, 2024

Defense strategic advic advisort zest likovich. Your initial thoughts on this and the fact that they reportedly have a new leader in place this morning. The fact they have a new leader is nothing that wouldnt be expected. Isis is like a business, so they know exactly who is going to take over. In my opinion, who cares l. The number two, as far as im concerned, hes already dead. We signed his death warrant when he took over that position. He is now enemy number one. What is prove from the operation to kill Abu Bakr Albaghdadi shows the u. S. Military can reach into any place it wants to to hunt terrorists down and theyll be hunting the number two, number three, for the next Going Forward. Maria are you expecting any retaliation here from isis . Retaliation in terms of domestically in the u. S. Or something in syria. Maria getting the u. S. Back for taking down its leader, yeah. No, i dont think so. I think if isis wanted to hit us that, would. Theyre always looking for targets of opportunity. We may see more attacks occurring in the region for sure. Right now, theyre on the run. Youve got to understand, after this raid, theres a lot of things that are put into motion of. It doesnt end there. The special operators on the ground, they dont just stop and start highfiving themselves. Theyre going onto whats next. Theres a lot of intelligence information, a ton of detainees. Were going to see raids probably as we speak taking place in syria to go after the locations where they had followed baghdadi to before he ended up at the compound. The whole point right now is to put maximum pressure on the network, keep them on the run, and limit their freedom of movement. Dagen he brett, its Dagen Mcdowell. Much focus has been on lets not call it a pullout but pullback of forces in Northern Syria as ordered by the president. One Central Point of discussion is what happens to reconstitute isis, the prisoners there, the estimates vary but theres some 2,000 foreign fighters from around the world and in addition, the sdf, the Syrian Democratic forces, are holding about 70,000 isis family members, women and children in that region. This has become a hot bed kind of rampant similar pa you this e isis fighters and thats a great point of concern. Yeah, it absolutely is. And i think that it sounds like the president has a plan to contain those fighters. I think there was a lot of a lot of folks were nervous when turkey was coming in there that they wouldnt be able to be contained. Sounds like the kurdish elements because of the cease fire are able to hold them in place. So time will tell what happens there. But, you you know, the president deserves a lot of credit i think for this operation against baghdadi because the fact that what would have happened if turkey and syria were engaged in a major combat operation and all of a sudden a bunch of u. S. Military helicopters start flying through there, they may have been shot down before they got to the target. The fact that he was able to negotiate that piece of it was pretty impressive. It talks to i think Going Forward with how we may conduct these raids in the future, because we need to have the ability to go in and out of these countries on a moments notice, if we find our number one enemies are operating within these borders. And having access to those isis fighters that are in detention facilities is important. Theyve got a lot of intel that we need to continue beating down the network. Its obviously a huge dis i was going to dagen i was going to add that baghdadi called for supporters to break those fighters out of those detention facilities. Thats one reason its a point of focus. Exactly. Good morning, mitch rochell. One of the things you mentioned was intell. I wonder if you could share with the audience how the intel was likely gathered as to his location and all the other information that they would have needed to successfully pull off a mission like this. Its a great question. I think most people dont have an prior United Nations fo appre complexity involved in the operations to make them successful. The milmilitary unit that was id in this operation is the greatest Counter Terrorism unit in mankind. They make whats complex look pretty easy. This is the culmination of years of intelligence and tactical targeting. Most of the intelligence in syria has to be done from the air. You cant put a bunch of military guys on the ground and you allow them to collect intelligence. Its done with drones. When it came with baghdadi, there were multiple drones following baghdadi, all day long, looking at him from every stop, trying to build a pattern of life for him to determine where he was going to be located and provide that to the president so that he had kind of a high probability that baghdadi would be found and that he could authorize this risky operation. Its meticulous work that goes into this. The intel guys, people within the u. S. Government that do this work its pretty incredible to get to that point and now theyve got a ton of intel, just based on what they a apparently recovered from the raid, that will allow them to have what they call followon targets. Maria thats important, what they actually took away. Senator Lindsey Graham was on with me yesterday on sunday morning futures, he and President Trump are no longer at odds over syria at this point, given the fact that the president relieved that small group of troops to protect the oil fields in syria. Watch this, brett. I feel very good about where were headed in syria. The president is going to make sure that the oil never fall intuse the hands of the into the hands of the bad guys. I think with some american help, we can double or triple the oil revenue, share it with Syrian Democratic forces who fought so bravely the kurds to destroy isis. It will be good for them and their families and communities. It will never be used by isis again to regenerate and the iranians wont get this oil. So this is really a brilliant move by the be president. Maria your thoughts, brett 1234. . I think a lot of us are coming around with regards to the president s move within syria. Obviously, the operation to kill babaghdadi helped with that i think thats happening because theres a plan in place. I think people didnt understand that there was an actual plan in place to do something about it and securing that oil is priority number one because it also helps fund the kurds and keeps it out of the hands of isis which they really were able to bring themselves back up to power because they were taking oil from a refinery and other locations. I like theres a plan in place personally Going Forward and well see kind of how the region turns out. But i mean r, it mean, its a k for america and its a great thing to happen over there. I personally believe that the death of baghdadi is more than just symbolic. A lot of pundits are saying that its symbolic but baghdadi himself, he was an operational entity. He was in the trenches with his fighters. I think this is a more important of operation than even bin laden. He could do so much more than what bin laden was able to do he established a caliphate. He commanded tens of thousands of followers. He was alqaida 2. 0. His death is more than just symbolism of whats to come for isis. Youre taking a clever operator in the field off the battlefield and right now even though they named a number two, they are very much in disarray. Maria brett, thank you so much. Thank you. Maria were Getting Started this morning. Also on deck, joining us this morning, foreller ambassador saudi arabia is here. House minority whip, Steve Scalise joins us, who attended last nights World Series Game with President Trump. Senior advisor mercedes slapp is here on the political impact on the victory against isis. And leon k alvaria on the ipo market. We have a handful of it today. Alternative medicine advocate and human author Deepak Chopra here on relieving workplace stress. Stay with us. California in flames, wildfires spreading across the state this morning, leaving a trail of devastation. The governor declared a state of emergency in california. Well bring you the late e6789. Taking over tiffany. The stock is up 23 at this hour. Were back with more details. Stay with us. Yo dramatic orchestra performance comes in lots of flavors. Theres the ampedup, overtuned, feedingfrenzyof sheetmetalkind. And then theres performance that just leaves you feeling better as a result. Thats the kind lincolns about. Im working to make connections of a different kind. Adp helps canyon ranch place the right people in the right jobs, so employees like dave can achieve what theyre working for. But maybe not for people with rheumatoid arthritis. Because there are options. Like an unjection™. Xeljanz xr, a oncedaily pill for adults with moderate to severe ra for whom methotrexate did not work well enough. 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The s p 500 is 3 points away from its alltime closing high, looks like we will reach that today at the opening of trading with the rally underway. The s p is up 6 and a quarter and the nasdaq is up 24 this morning. Its a busy week. Its the busiest week of the Third Quarter for earnings. Thats for sure. And this morning we have eight a eight and later on today alphabet reports. Later this week we hear from facebook, apple, general electric, exxon mobil. So far the earnings season seems to be better than feared, mitch. I think expectations were appropriately managed down, so theres still not year over year wins but they are beating expectations, 80 have beat inexpectations. Maria we have a big week of Economic Data. Youve got the jobs number, a whole host of info. Dagen i know take some dramamine right now. Stock up and take it all week. So in addition to earnings season, which, again, seems to expectations have been managed appropriately. You have the Third Quarter gdp reading on wednesday. Then the fed decision that same day and then the jobless jobs number on friday. And you are expecting to see a decline of 50,000 jobs in manufacturing. The total estimate for nonfarm job creation is 90,000 jobs added. Manufacturing would be related to the General Motors strike and also problems at boeing p. Theres so many moving parts to that number because the estimates are all over the place. Maria so the fed, the 29th and 30th, 90 chance the fed cuts this wednesday. Dagen close to 100 . Theres a lot of consternation, breaking out that word before 6 15 in the morning, about what the signal will be. If theres any signal that maybe additional rate cuts arent quickly forthcoming, that might jar the market. Theres not consensus amongst the members betters of the fomc. Theres a handful of dissenters. The outcome of a quarter percent is probably likely. The words out of powells mounts will be more important. Maria tiffanys stock is on fire. Louis vuitton owner is offering 14. 5 billion to acquire the luxury brand, tiffany and co. Its at 120 a share, up 23 on the stock right now. The French Company interested in getting ahold of the rapidly growing jewelry business. Tiffany shares are up to 122 even. This is something that hadnt leaked. Retail has been i know its bifurcated. Were counting on the consumer in terms of keeping the complice growth store Economic Growth story alike. Tiffanys is an upscale jeweler. I think the Upscale Companies have been doing better than the moderate, regular certainly the mall business. Whats interesting to me is this is a global brand being bought by a global brand and with all the talk of global slowing, you would think that you wouldnt be buying a high end jeweler retailer. So its fascinating. I think it speaks to confidence in maybe maybe there is kv accidents in the economy he globally. Maria china and japan are very important countries for tiffany. In this marketplace, in this environment, iconic brands are theyre worth a lot. Dagen that little blue box has a global reach. This is not cheap, what lvmh is offering. Thats kind of the theyre willing to pay you can see how the stock is moving this morning, pay a premium for this brand. Maria i wonder if it lifts other boats, just the luxury space, perhaps beginning to look like it could be in play. I dont know the others out there that could be vulnerable. But well see. I think go ahead. Dagen i was going to say, its astonishing that tiffany versus a barneys whichs is in bankruptcy protection which is essentially based on all we know right now, other than maybe wind up in like instore saks divisions, that it might go away as we know it. Maria and then theres the impeachment story, obviously keeps going on and on. Tom, former john bolton, Deputy Charles couperman expected to be a noshow on capitol hill. He filed a lawsuit last week, asking a judge to resolve conflicting orders from congress and the Trump Administration over his testimony. On sunday morning futures i spoke with John Ratcliffe. I asked him about this Ongoing Investigation into the whistleblower and accusations of the quid pro quo. Watch. What can you tell us about that quid pro quo argument . Well, what the democrats want to believe is ambassador taylors testimony would support what the whistleblower said when in fact his testimony established the opposite. He established as a matter of law and a matter of fact that a quid pro quo involving military aid could not have occurred on july 25th in the call between trump and zelensky. It raises a real question about the whistleblowers credibility and motivation because the whistleblower came in to meet with chairman schiff before that. The whistleblowers testimony has become more essential, the most important witness we should be hearing from is that person because it will tell us whether or not this was organic or whether it was orchestrated. Maria and tom, it was John Ratcliffe who basically blew a hole into the whole testimony on friday after they leaked the opening statement, which looked like oh, well, hes talking about a quid pro quo. After John Ratcliffes questioning we heard later, it basically put it back into square one. Whats fascinating about the story, it really is were moving down two separate tracks. Democrats thought they had a great week last week. They thought they were building their case. Republicans thought meanwhile that it was falling apart. Right. Your point about John Ratcliffe and others and republicans stormed the hearings, were trying to get it opened up. They thinks thats playing to their advantage. So its interesting, this is going to continue this way. Theres no indication that the democrats are going to open up these hearings of. They think theyve got theyre doing this the right way, the way they want to do it, to have this testimony and leak it out over time to frame the story. So both sides are sort of getting what they want. They think its playing to their advantage and so its going to continue. Maria youn i dont think the American People believe that. When you see the administration take down the worst terrorist, the most wanted man, you hear cribbing itcrickets from the de. Yesterday, nancy pelosi gave a statement saying just because the leader of isis is dead, doesnt mean isis is dead. How about congratulations, thank you to the fantastic military. Take a victory lap. Maria the Washington Post dagen lets talk about the headline. The original headline was terrorist in chief, then it was changed to, referring to baghdadi, changed to use tier ae relidges lead religious leader. Then it was changed to extremist leader. But they actually had to put out a statement about why this happened. Theres no excuse for this. Its ridiculous. I think it will be a stain on what democracy dies in, well, i dont know where. At the Washington Post. Democracy dice with bad dieh headline. Maria come on, a scholar, baghdadi, the Washington Post. When you compare this episode to what happened when Osama Bin Laden, its pretty clear how the media works. Cheryl. Maria well take a shot break. Weve got a lot coming up. Stay with us. Hmm. Exactly. Liberty mutual customizes your Car Insurance, so you only pay for what you need. Nice. But, uh. Whats up with your. Partner . Not again. Limu thats your reflection. Only pay for what you need. Liberty, liberty, liberty, liberty thbecause with nband after thleague pass on xfinityr. You can watch the out of market games you want all season long. And with the allnew xfinity sports zone, you get everything nba all in one place even notifications about your favorite teams. Watch the dropped dimes, monster blocks, and showstopping dunks. Plus get instant access to your teams with the power of your voice. Thats simple, easy, awesome. Say Nba League Pass into your voice remote to check out a free preview. Dont miss out. Maria welcome back. Asias Financial Hub enters recession. Che

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