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 overnight, losses there as well. The nikkei closed, the biggest loser shanghai, down almost 4 . China ordering the United States to shut down a consolate in in xengdu. It is one of five consolates in the country and the titfortat move as the u. S. Demands china shut down the houston consolate today, calling it the epicenter of research theft. Secretary of state mike pompeo calling on every nation to demand transparency from beijing. We want to have a free 21st century, and not the century of which xi jinping dreams, the old paradigm of blind engagement with china, it wont be done. China has until 4 00 p. M. Today to close the consolate in houston. Protests erupt in chicago, hundreds gathered outside the home of mayor lauri lori lightft last night, demanding the city Defund Police, as the white house announced the plans to send federal agents to the city to help combat the recent surge in violence. An iconic statue of christopher klumcolumbus was taken down in t park. To the latest on the coronavirus, Senate Majority leader Mitch Mcconnell is delaying the response to the next round of relief package. The white house wants more time to review final details. The package is expected to include 105 billion for reopening schools this fall, 15 billion for Daycare Center assistance, 16 billion for coronavirus testing as well as tracing. Johns hop o Hopkins University g that more than 4 million confirmed case cases of the vire here in the u. S. , with more than 144,000 deaths. The cdc releasing new guidelines for reopening schools this fall. The recommendation, they stress the importance of getting students back in the classroom. They include social distancing, masks, hand hygiene, increased classroom space, disinfecting surfaces and the use of pods to keep students together during the school day. President trump, who has been calling for schools to reopen, wants congress to approve 105 billion for aid for schools in the next stimulus bill. Trump as also said parents whose kids remain closed should use the money to send them to private or Charter Schools instead. He said kids learn best in the classroom, dagen. Dagen thank you for that. Futures under pressure this morning amid escalating tensions with china. All the major market gauges mostly down tore the week. The dow, nasdaq erasing gains after yesterdays selloff. The s p 500 on pace for the fourth straight weekly gain. Joining me now, gary b smith, also joining the conversation all morning long, Ubs Financial Services private wealth advisor, Allie Mccartney, the federalist commentary writer, emily jusinski and michael lee strategys michael lee. Gary, yesterday pressure on technology stocks, do you think this is the beginning of the comedown for these highflying names . I think the beginning was july 13th. If you look at all the charts, lets just take amazon, for example, which dubbe doubled doubled. I couldnt believe it. It doubled from the marlo until the 13th. It hit an alltime high then. It came back down sharply. Then we had one great reversal back up and now it looks like, yeah, all these tech stocks no matter what chart you look at. You can look at that. You can look at facebook. You can look at netflix. Theyre all in that group that make up seemingly 99 of everyones portfolio. It looks like theyre going to have a pretty good selloff. Dagen gary, what a trigger here . Again, this morning it is headlines about tensions with china shutting down the u. S. Consolate. I want to remind people, this is after the houston consolate was shut down by the United States because of, well, theft of intellectual property, the indictment of two chinese nationals for hacking american firms involved in Coronavirus Research. Is it that . Is it the lack of stimulus coming from republicans . What is it here . Well, i dont think its the lack of stimulus, by the way, just to touch on that briefly. We dont even know there was an article in an opinion letter i guess in the wall street journal this morning by ron johnson, says we dont even know how we spent the first 3 trillion. And now we want to spend another trillion. I dont think its that. I think in this case, dagen, the selloffs are the market pullbacks are normally one of two things. Its the big event, a terrorist attack or something or its the steady drip of downbeat stuff. You kind of touched on it, between your headlines and what lauren was reading, pretty much hit all of them. People wake up and see protests in these big cities. That doesnten dea doesnt ende. I read this morning the amc theater chains theyre not going to open back until august. You touched on the schools, the School Openings or delayed openings, even in florida looks like theyre going to delay until push back another two weeks. Thats got to hurt the economy. People when the schools dont open, youve got to take care of your kids, you cant go out of, you cant do things. So i think its all this. And then of course you talked about the tensions with china. None of this is saying, hey, lets go out, the economys great and buy stocks. Dagen Allie Mccartney . Theres been a lot of al a allegories made with the tech bubble, with the stocks and perhaps tesla. How do you think that is . Do you think thats a fair comparison. Dagen ive got to jump in here, since we work together, gary and i have worked together more than 20 years and we both worked together at the street. Com which was the very First Standalone financial publication on the internet, so we lived through that bubble. But continue. No, no, exactly. That goes back since, gosh, before the year 2000. So dagen is still 37 and i have continued to age. Picture dorian gray in dagens basement somewhere. But the point is, allie, i think that you are right. I wouldnt say its a the tech bubble sounds so damning, but yeah, look at that. When the market goes up, particularly the s p, its those stocks. They are just bigger and bigger, because of their market can caps, percentage of the like i said in the intro, everyones bubble, those start to come down even though the whole market might not be coming down, they make up such a big percentage it makes a dramatic change. And yeah, when you have a stock like a netflix or an amazon, almost doubling in the course of four months, yeah, youre going to expect some pain on the way down. Dagen gary b, great to see you, as always. Gary b smith. Nice to see you, dagen. Dagen i think weve been working together since 99, 98, Something Like that. Time flies when youre having fun. Take care of yourself. Were just getting started. Aaron perini will talk about the president s decision to cancel the Jacksonville Convention next month. Max levchin on the deal with shopify. 7 00 a. M. Eastern we have the top stories that investors are watching this morning and the word on wall street. Jim banks on growing tensions with china, as beijing closes a u. S. Consolate in a Major Chinese city. At 8 00, former Senior Advisor to president George W Bush karl rove on the 2020 race. Former new York City PoliceDepartment Commissioner howard safer on his take on the unrest sitting major cities across the country. Its still insta star week, we look at one account making fun of lifes everyday worries. You dont want to miss it. First, 2020 in focus, President Trump canceling the Republican Convention in jacksonville, youre watching mornings with maria live on fox business. I looked at my team and i said the timing for this event is not right, just not right with whats happened recently, the flareup in florida, to have a Big Convention is not the right time. I have to protect the American People. Thats what ive always done. Thats what i always will do. Dagen that was President Trump yesterday, canceling next months Republican NationalConvention Events in jacksonville, florida. Joining me now, the trump president ial campaign Principal Deputy communications director, erin perini. How far in advance did you know about this . Was it in the making for days, if not weeks . President trump did make the decision when it came to canceling the jacksonville portion of the convention, he had been in conversations for a few days regarding this and ultimately he made the decision to be able to cancel that and for us to make sure that however we celebrate his renomination as the republican nominee for president , we will do so in a big fashion. Dagen does it hurt does it hurt fund raising, does it hurt enthusiasm, does it hurt the campaign at all . It doesnt hurt the campaign at all. The president s enthusiasm within the Republican Party remains at a record level and we know this is a president who breaks records. Hes been doing it all across the board when it came to the primaries, when its come to fund raising. We raised 20 million this week with an online fundraiser. I would say the enthusiasm for President Trump remains sky high. Dagen how do you make up ground . In the latest fox news poll that came out yesterday, joe biden, the former Vice President , tops President Trump in battleground states, michigan, minnesota and pennsylvania. If you look back four years ago, ill just bring up the fact that in that President Trump won, it was michigan, wisconsin and pennsylvania combined by less than 78,000 votes. So youve got ground to make up. The only poll ultimately that matters is the one on election day. We have had an organization on the ground in all of those states that you just mentioned for over a year now, making sure we can contact voters, register them, get new volunteers onboard to share President Trumps message directly with the voters. In a state like wisconsin, joe biden just hired a state director to be out there. We havent left wisconsin since 2015. So we know were in a competitive race but we always run this Campaign Like a point behind because we want to win and we want to make sure that President Trump gets the opportunity to secure americas greatness for another four year. Dagen emily, jump in here. Emily im curious what the straw that broke the cam hells back was with this convention. Obviously weve known of concerns about florida for a while. I think it caught some people offguard the announcement yesterday. Im curious, what was the real precipitating factor or of was it a combination of everything at once . Well, President Trump has been thinking about this for a little bit now and he made the decision ultimately to pull back on jacksonville. Weve seen a spike in covid cases there and ultimately the president s focus remains what its always been, which is the safety and health of the American People. And so he decided against us having the convention in jacksonville. It was entirely his decision. It was entirely the right call. Dagen if youre in business, you would not continue to spend money on preparing for something if the likelihood is rising that its going to be canceled. So you dont throw money into a sinkhole if you will. Lets move on to Vice President joe biden sitting down with president barack obama in a new video for what was deemed a socially distant chat. They touted their accomplishments in office and took swipes at President Trump. Youre going to Pay Attention to the science and youre not going to quit on trying to actually bend down the curve of disease and transmission rates. This guy has generated a sense out there that people are waking up to that he ran by deliberately dividing people. Dagen President Trump responded on hannity last night. I wouldnt be there if it werent for those two. If they did a good job, i wouldnt like ran i ran against what they did and i won. Biden and obama, im here, im in the white house because of them. Dagen all this after joe biden called President Trump, quote, the first racist president and charlamagne pushing back on joe biden i wont repeat exactly what he said but what do you say to that . There are a couple of points to points to make when it comes to the obama, biden conversation. One, its really rich for someone like joe biden, who gave a eulogy at a grandson of the Ku Klux Klans funeral to talk about sowing Racial Discrimination in the country. When they faced the swine flu, they stopped testing and stopped reporting testing because as they admitted, they said we already know what it is, its a pandemic so why waste the resources on it. Can you imagine the heads exploding at cnn or msnbc or any other network if President Trump stopped testing. We dont have to guess what america would look like under joe biden. We lived it. And President Trump is right when he says he is in the white house because america rejected the obama, biden legacy. They rejected those eight years. And thats why President Trump is president. Dagen heres charlamagnes quote, i really wish joe biden would shut the f up forever and continue to act like hes starring in the movie the quiet place because as soon as he opens his mouth and makes noise he gets us all killed. There are so many people who are reluctantly voting for joe biden because hes the only of option and because Donald J Trump is that trash. So that was the full quote. So youve got charlamagne weighing in on its. Erin, thank you so much. I appreciate you being here. Coming up, protests hitting chicago, hundreds gather outside the mayors home demanding she defund the police. Plus, asking for spare chain, the u. S. Mint sending out a plea as the country deals with a nationwide coin shortage. I get a little bit closer. Every day is a faded sign. 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Dagen chaos in the streets of chicago last night as protesters took aim at chicagos mayor, Lori Lightfoot. Protesters demanded the chicago Police Department be defunded and rallied against President Trumps move to send federal agents to the crimeplagued city. Emily, murders in that city day after day, shootings day after day, and this crowd wants to defund the police. Emily they are acting on a fantasy and it is an absolutely dangerous fantasy and whats particularly dangerous about it this time around is that there seems to be serious momentum. You have this big demonstration outside the mayors home and as mayor Lori Lightfoot is not an ally to your cause on the far left, maybe you have gone a little bit too far to the left. This would cost if this proposal were seriously implemented, which is basically impossible but if it were seriously implemented the lives that would be lost put their bld tears into for years, its almost hard to comprehend the loss of life and safety and all of these things. Its a fantasy if this fantasy were enacted. Whats scary is when you see the momentum behind it. Dagen one thing i want to