In protests as the City Council Votes to defund and cut more than 100 officers from the force. We have the latest, plus uprisings in portland and chicago. Markets meantime pointing gains at the open, 279point gain on dow futures. Gains across the board this after mixed performance yesterday. Look at the blue chips go. The nasdaq finishing in the red after a week showing in the tech sector money peeling out of the stocks but the dow gaining more than 1 . 357 points. Protecting your data, flaws and snap dragonship putting 1 billion android phones at risk from a hack attack. Looks to connect all of your Smart Devices to one another. Vaccine risk. Vladimir putin says his country has a vaccine but here at home the epidemic can affect the effectiveness. Checking the world and stock market action, european markets are up across the board. We have gains north of 2 in england, france and germany. In the uk another 81,000 people lost their jobs last month. That number was slightly better than what economists had been looking for. In asia overnight, only lousier there more than 1 in china, auto sales were up fourth straight up topping 16 in july. President trump rushed out of a briefing as shots are fired feet from the white house. Cheryl casone has more on the developing story, cheryl. Cheryl good morning, scary moments at the white house yesterday. President trump abruptly escorted from the White House Briefing room on live tv from secret service. He came a short time later and he explained what happened. There was an actual shooting and somebody has been taken to the hospital. A person was shot by secret service. Id like to thank the secret service for doing their always quick and very effective work. Cheryl well, the president also discussed the economy saying that he expects it can grow by 20 in the Third Quarter. Hes also considering cutting taxes on Capital Gains for middleclass families. Coronavirus dipping in the United States falling 16 . First decline in four weeks and new cases dropping in hot spots. Confirmed cases topping 5 million across the country and the race for a vaccine, Gilead Sciences filed application of remdesivir showing effects against the virus and president Vladimir Putin says the vaccine has proven efficient and one of his daughters has already received it. Well, Seattle Police chief carmen bass, the City Department defunds her department and the city council did not include her in discussions and Resignation Letter bass reminds the vast majority of residents support them. Well, massive rescue after huge gaffe explosion in baltimore yesterday. One person killed, several homes were leveled. At least 7 people were injured. Crews now searching that rubble. It is still unclear what sparked that blast, dagen. Those are some of your headlines this morning. Back over to you. Dagen thank you so much, cheryl, we will see you shortly. Focusing on stimulus. Taking a look at markets this morning, gains across the board, 270point gain on dow futures, stocks finishing higher, dow and s p ending up 7 days in a row. S p wrapping up the day less than 1 from a record high, but lets talk about longterm Interest Rates. Youve got the tenyear treasury yield close to alltime low which was about half of 1 , so which way do we go here. Joining the conversation head of u. S. Rates cfa gregory and joining the conversation all morning long Senior Writer at the wall street journal Jon Hilsenrath. You will be called hilsenrath and lonsky. Commentary writer saraj hashmi. Jon dagen, people have called me much, much worse. Dagen my name auto corrects to davenport. No offense. Theres the issue is if those yields go higher does the stock market rallys lose steam . If you look at last week, we traded in and around 50 basis points which is the lower end of the range in terms of nominal yields. The real story has been tenyear, negative 100 basis points late last week. I think shortterm dynamic, what youre having here is we have a ton of treasury supply. We have the deficit numbers, 2. 7 trillion for the first nine months, projected 3. 7 trillion through the end of the year, so supply this week really led by the long end of the curve. Most of the supply to date to manage deficits around pandemic and coronavirus is focused on shortend of the curve. Now we are seeing shift out the curve. I think the backup in yields is a little bit of a concession. Keep in mind the fed is begonia consistent basis and chairman powell has been clear if they need to enact some sort of largescale purchases which would focus on the curve, theyre willing to do that. Dagen lonski, get in here. I would say yes, lets not overlook the fact that the fed is buying u. S. Treasury bonds from letting costs damage economic recovery. With this rally in treasurieses weve had quite a rally with Corporate Bond fields, today the single bond yield lowest since 1950. I am looking at the lowest longterm moodys b double a grade. Borrowing costs are fantastic. We even have junk Bond Companies able to go in the market at tenyear maturity and raise money at 10 . Lonski and i will push it back to greg. How does adding more debt as a corporation solve with the debt bubble going into the pandemic . Dagen, listen, whats going on for the most part is this morning is being used to refinance outstanding debt. Its not adding debt. Thats an important consideration. So Companies Improve their cash flow by refinancing higher Interest Rates, debt thats outstanding with new debt thats far less costly and the extra cash flow might go to Funding Capital spending and helping keep employees on staff. Dagen i want to move on the stimulus. Helping americans who need it the most. 250 billion, quarter of a trillion dollars, 600 per week from early april to end of july, this is according to wall street journal. The white house and democrats signaling they are open to restarting stimulus talks after fail to go reach a deal over the extended covid19 aid. Greg, are the markets banking on another stimulus whether its fixed income and the treasury markets or even stocks . Greg i think the answer is yes. I think the market is banking on a deal getting done. You know, we look at it, we look at the president s actions over the weekend. I mean, executive order here has become somewhat of a norm. If you look at obama, you look at the bush presidency. Its not just a republican phenomena to use executive order, within the context of time something needed to change with this dialogue. You had the democrats at 3 and a half trillion and republicans at a trillion, they want to spend the difference on trillions. These are trillions and not millions. Shy of 3 trillion on the fiscal side and the feds increased sheet and they are not utilizing the money right now but its there if they need it. Something changed within the dialogue but i do think in the end the best thing for the country, the best thing for the American People, for the republicans and democrats to come back to the table, get a proper congressional deal done but if you look at risk assets, to johns point, you look at equities and risks across the board, the markets are anticipating something getting done. Dagen makes me nervous, the skeptic in the group. Jon hilsenrath, really quickly, in terms of the executive orders from President Trump, how much of that money could actually start going out to individuals . Just even the payroll tax deferral because it really is up to businesses to start giving employees more of their money. Jon yeah i think it could be within a couple of weeks and i remember back when they launched the first. I guess it was the second round. A lot of people were skeptical that the treasury would move that fast and it did. I think we have to take him at his word that they will move pretty quickly. One other thing on talk about the rally and bond yields, bond yields are falling, one thing we have to consider is whether bond market is sending different signal and usually when stock prices go up, bond yields, Interest Rates go up because its signaling more growth. I wonder why its the case and i dont know the answer to this that bond yields are going down and stock prices going up at the same time. Im sure john lonsky has some answers and maybe we could get them later. Dagen i can read from the wall street journal article. [laughter] dagen we can quote from that. Growing unrest in seattle and chicago. Retired fourstar general jack keane, the latest on lebanon. Russia says his country already has a vaccine. Dealerships want to hear from you. The pandemic fueling massive car buyback. 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The people in Law Enforcement are not supported by the city who are seeing rising violence, spikes in shooting across the country and you have somebody who has been a steadfast quitting. Its unfortunate because police as mechanism reduces crime nor engages the community. As a result, we have a kneejerk reaction thats being propelled by the city council to defund with the growing sentiment. Dagen she described them and her neighbors had to keep the protestors are trespassing and she stood up to the council, the citys decision to surrender that police precinct. She pushed back on the ban on pepper spray because it left the tools to fight the unrest and here is where we are. What happens in seattle . Does it get worse . I clearly believe that this is going to get worse. Oneone of the things that the police chief stood for was the removal of chemical weapons that the police were using in connection with the large mobs. Its been a clear state of chaos thats been plagued in the community of seattle and no one has stepped forward with the exception of the police chief in the defense of the citizens of that city. This is going in a progressively bad direction. This reminds me of Bernie Sanders politics to say the least and we really need a steadfast leader that can step to the forefront and that can be in agreeing that Public Safety is necessary because the state of chaos is causing the city to spiral out of control. Dagen then we move to chicago. More unrest there. The anarchists turning their attention to Chicago Police last night calling for the release of people taken into custody along the citys magnificent mile on sunday night. This was for looting and robbery. Chicago Police Superintendent david brown and Mary Lightfoot calling for law and order. Criminals took to the street with the confidence that theyll be no consequences for their actions. This has nothing to do with legitimate protected First Amendment expression. To those who engage in this criminal behavior, lets be clear, we are coming for you. Dagen siraj, i want to let you get in here, again, very tough talk from the police chief and the mayor from chicago. This city has accepted federal agents to work in as part of operation legend. Get in here. My question is focused on carmen best resignation first domino to fall. Are we going the see more Police Chiefs walking out or stepping down . Well, i can say that from my personal experience i believe that you will see more Police Chiefs that will resign or step down so in connection with your question, is this the first domino to fall, i believe thats correct. I think this is the time for Police Chiefs or Police Commissioners to posture and push back against these radically elected officials that are not looking through the lens of Public Safety but they are merely vowing to sentiment of radical protestors which are placing that community in harms way. Dagen darrin, more time next time. Always great to talk with you. So much to discuss and next time i want to get in Jon Hilsenrath here because hes covered extensively. The spike and shootings and murders across the country. Darrin porcher. Thank you so much. Coming up next President Trump sounding off what he is saying about covid19 stimulus aid next. Bear warning, the National Parks telling visitors how to handle potential encounter. Details ahead. Youre watching mornings with maria live on fox business. Experience the ultimate sports hub. Where you can find games, news and highlights. All in one place, right on your tv. The xfinity sports zone. Use your voice to search every stat and score. Follow the teams you love. And, even get notifications with breaking news alerts and more. With the xfinity sports zone everybody wins. Now thats simple, easy, awesome. Say xfinity sports zone into your voice remote today. Dagen boosting the u. S. Economy. President trump saying hes considering a Capital Gains tax cut for Americans Still reeling from covid19. The president also weighing in on the economy at the white house yesterday. There is no reason why the economy cant grow at a 20 pace and also at an income tax cut for middleincome families. We are looking at expanding the tax cuts that weve already done. A lot of money will be going to a lot of people very quickly and ive instructed the secretary of the treasury to move as quickly as he can. Dagen Jon Hilsenrath, a lot to pick at, what say you . Jon first of all, the term stimulus is a little bit misused right now. We hit a wall when the virus hit the economy and i think the most important way to get the economy back on its feet is to tackle the virus. If you look at states like arizona, for instance, their unemployment enrollment and Unemployment Benefits started going up in the last couple of months because they had an infection surge. New mexico which got infections under control has been going down, and so the lesson i take from that is that the best the best medicine for the economy right now is getting the virus under control. We might need stimulus down the road but i think people want to go out and shop. Theres pinned out demand and savings and businesses will invest when the certainty around the virus gets resolved. Dagen lonsky, one thing that Jon Hilsenrath has talked about more money heading to the states and the democrats wanted a minimum additional 800 billion to the states and their 3 and a half trillion dollar stimulus package. Thats not really going anywhere right now but is that a good thing or a bad thing . The states got including medicaid aid a quarter trillion dollars in the cares act. As long as the money is spent wisely and as Jon Hilsenrath said, this money should be spent in a manner so that it helps to fight covid19. Maybe its not a bad idea, but, you know, we talk about the debt obligations of state and local governments and as i mentioned earlier it is incredible how low state and local Government Bond yields have declined even without any guaranty from the federal government that theyll get such aid. Dagen saraj, final word to you. Im just going the say that President Trump politically speaking is best to go it alone through executive orders because gaining political wins from congress is going to be mute. Nancy pelosi and Chuck Schumer just dont want to work with them and its in their best interest to make sure things are bad as possible so they canouter him oust him from the office. Dagen technically what we had this weekend some folks having their asses handed to them. Punishing response to u. S. Action against hong kong. The Company Ramping up production of popular white. Finally, i ran out months ago and i cant find any. Im stealing them from work, not really. Youre watching mornings with ma