The session with fourth days of gains with the dow industrials up 31 points. Much of the rally dissipating and then some. Nasdaq down by theless, s p down 15 at 4 00 oclock on wall street. Tiktokoracle deal uncertainty. President trump to reveal the deal today as the white house pushing for u. S. Control of the chinese app. Origins of russia tab, subpoena obama officials now and senator Lindsay Graham announcing when jim comey will testify in front of senate judiciary. Coming up at 7 10 a. M. Doug collins with more on that and pressure hes putting on apple after records show phones belonging to muellers team were wiped. Find out who will be playing joe biden on saturday night live. The bank of england out with its own Rate Decision in about an hour. Investors would be watching for any news of added stimulus and what the forecast is for the broader economy in the year ahead. In asia overnight, red across the board as well. The bank of japan left Interest Rates unchanged and says the economy is starting to pick up no real impact on markets, worst performer was hong kong. Some of the top stories we are watching this morning, President Trump giving upbeat outlook on when we can expect the Coronavirus Vaccine. As soon as the fda approves the vaccine and as you know we are very close to that. We would be able to distribution at least 100 million vaccine doses in 2020. We are on track to deliver the vaccine in a very, very safe and effective manner. We think we can start some time in october. Maria announcement a contrast from cdc director from Robert Redfield who testified that a vaccine wont be ready for the public until next summer. President trump clarified statements during briefing. I think he made a mistake when he said that. Thats just Incorrect Information and i called him and he didnt tell me that and i think he got the message maybe confused, maybe it was stated incorrectly. No, we are ready to go immediately as the vaccine is announced. Maria meanwhile joe biden is weighing in after he and other democrats made comments about whether they would get a vaccine approved by the Trump Administration. I trust vaccines, i trust the scientists, but i dont trust donald trump. Ive been calling for effective Distribution Plan to be layed out for months. They havent placed one for real yet. Maria President Trump heads to wisconsin to hold rally and joe biden visiting childhood home scranton, pennsylvania. Orders are in place for out of control bobcat fire, flame burning east of los angeles, firefighters have been working around the clock for 11 days, rising fuel temperatures fueling the flames which are coming historically mount wilson observatory. 3. 2 million acres have burned in california so far this year. One of two los angeles deputies shot during ambush compton saturday night back home, the officer released from hospital, partner who helped save his life remains hospitalized. Her condition is unclear. Alex villanueva says detectives are narrowing in on a possible suspect in the attack. And sally turns deadly, slowmoving storm devastating the gulf coast. Ray bogen from pensacola, florida, more than 2 feet has already fallen, ray, good morning to you. Ray maria, good morning to you. Atfeifncre4rereours kemama yedacosala wasas completeloedodndnd nowll a yoees jee jndndndndhe tsre fe et3 of3 at3 in3 3 3 s3 tion3f dotodo penwncolawnwnes yay y soo ashi tstormrmoved m m watiseramer in ieryy qcklyckly d w it ienenenk bac bacut ver vy y. Klqu no tnowrehe f arereews fs f fron tous he hn dko dawooo in cntyntonigntndnd t nextexexex two tonights becauseec offf the concnc for lting and tre a veryry vryibleleleleice prese. Th rcuedea 377 peoeee hereheesterdayayay a theheer here wer w so w w man w w w ople whoerhoho stuck in flooded homes that officials were putting out warnings that the 911 system was overloaded and they were asking people who were only in lifethreatening situations to call. Now, one of the big things theyve tried to do is clear some of this debris specifically on i10, that does two things. Allows truckers to start working their way east to west again but also allows the line crews to come in and get the electricity on. There are nearly 300,000 people and 242,000 people in florida who were without power, but this is going to be a big resource sharing operation. For instance, they had resources that were willing to come in from at least 25 states to get power back on and local county commissioners said when he poke with senator scott and Governor Desantis the big priority he put on is getting line workers in here to get the power turned back on. Maria, so far has been one death from this storm, back to you. Maria all right, ray, thanks very much, condolences to you and pensacola, we are watching that. Take a look at markets, futures indicate tripledigit decline at the start of trading, dow industrials down 245 points and nasdaq 103 and s p lower by 34. The dow ending yesterday in the green for fourth trading session. S p and nasdaq closed near the lows to have day and dow gave up much of an earlier rally after Federal Reserve expects to keep Interest Rates near zero for 3 more years. Mahoney asset manager ken mahoney in Dagen Mcdowell and chief economist nancy lazar. Great to see everybody this morning, thank you so much for being here. Good morning to you, ken, let me kick it off with you, what do you make of the Market Selling off, we knew rates would be 0 for the next 3 years, what do you think investors are reacting to . This morning hangover and you have to understand why they are doing this and the economy is not doing the vshape recovery, more of an lshape. Look, they didnt say much of asset purchase, maybe theres disappointment there and keeping a punch bowl out for a few years favor risk assets, ie, equities, you could have this kind of selling news and you think about kind of where we are, the fed is kind of doing their work by themselves, right, on the fiscal side of things and they cant get it together and cant get stimulus out and ppp program out there. The fed is doubling down or quadrupling down on things knowing they cant get anything done. Maria nancy lazar, how do you see this, youre writing about a recovery regardless who is in the white house, we will see jobs coming back with outsourcing coming back as well as recovery . We have had a vshape recovery. Theres no question there not just in the market but employment, retail sales, Going Forward now back to more normal levels, things wont be quite as robust. It only increased 0. 6 . Wait a second, 7 plus annual rate and thats a very healthy economy, yeah, im pretty optimistic on the outlook. Maria and i want to talk to you act productivity. Yeah, go ahead, sorry. I was just going to say that i think this is one of the healthiest economies we have seen because jobs are coming back to the United States, the whole onshoring theme that weve been embracing for several years. I think we are in a sustained healthy expansion. Maria and and i was saying i want to talk to you act productivity during the show this morning. I know thats really been a major issue that youre watching, we will get back to that. Ken, in terms of markets in particular, youre looking at big tech. We saw pretty good selloff the other day and it feels like it was 2 weeks and if you blinked you missed it. Youre watching apple closely, tell me why. Ken as apple goes, so does the market. When china trade came up it really impacted apple and the summer, they announced stock split and i think the month of august, only 4 down days and apple led the charge. Of course, weighted heavily in nasdaq and the s p, not so much dow jones, but as apple goes, so does the market. Since the split, lets say you had 100 shares and now you have 400 shares, i think thats whats happening to apple, longterm prospects of rate. I kind of like where they are for cycle upgrade to 12. The iphone 12 because of 5g coming out. Wearables in announcement. A lot of things they are going for but theres supply there and chasing down snowflake and other ipos, youre seeing rotation out of fang names and snowflakes to midtier companies. Maria 820 million in first day of trading ken mahoney, lets talk snowflake, what kind of euphoria, whats behind all of this money moving into snowflake . Warren buffet owning a piece of it, that gives confidence as well. They will try to go head to head to amazon. I know the ipos are exciting for a lot of investors. We would like to see more stabilization and history around it but shows that the equity market is strong and you cant have ipos like this with weak market and economy. You this type of mixture because of where we are in the cycle, because of whats happening. Even with election uncertainty, a lot of speculation. Maria yeah, what a day yesterday for snowflake, incredible. Ken, we will be watching that today to see what happens today of trading in snowflake, great to see you, thank you. Have a great day. We are just Getting Started this morning, deal or no deal, what the Trump Administration wants out of any agreement for tiktok. At 7 00 a. M. Eastern the word on wall street, what investors are watching this morning. Plus georgia congressman doug collins is here after Lindsey Graham announced that jim comey will be testifying, plus ohio congressman tim ryan weighs in on stimulus stalemate and 8 00 a. M. We have senator rand paul on protests and riots hitting the country. National Economic Council larry kudlow on the economic as well. We will get your take on all of the above. You are watching mornings with maria live on fox business. Note stay restless with the icon that does the same. The rx, crafted by lexus. Lease the 2020 rx 350 for 409 a month for 36 months. Experience amazing at your lexus dealer. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. 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You have worked so much and studied so much on china. Let me ask you about the tiktok situation. I was really struck by the idea that that bite dance would remain a majority of the operation should oracle become the partner, do you think this flies with u. S. Regulators . I think that makes too much sense, maria, and here is why. The communist policy released new policy directive about the byte director and their goal to built backbone of private people and directed at all private companies and private companies have to participate in chinas national strategy, basically carry out the National Interest and strengthen actual loyalty to the party, essentially you have the increasing connection between the party and the private economy and the idea that byte can bytedance is independent of that, i think you have to have control. That makes more sense. Maria you wonder how thats going to happen. We talked about military fusion, you talked to me about 3 years ago, any innovation that comes to china must first go to the military. Theres article that weve talked about, hire global banks to sell bonds and tell me about that and the impact significance of it rather . Absolutely. This is the problem with the intertwining of two companies. You have major American Investment banks underwriting adversaries military Industrial Base if one puts all the pieces together. You have Tech Companies and speaking of microsoft and oracle. Microsoft opened ai with the shanghai government to accelerate breakthroughs in ai in china. Ai is one of the most important areas of military research for china and just last week you have the official Chinese DefenseMinistry Spokesperson saying that the United States is the greatest threat to world peace. Another chinese oped coming out saying that china must be morally prepared for war. We are intertwined and this place seeks to replace us from india all the way to South China Sea and we have to start pull ago part the strategic aspect. We cant have bankers over there building the economy. We cant have Tech Companies increasing their capacity and ultimately we are going to have to win the competition, innovation on military technology on Strategic Industries and cheer size of gdb. We cant let china surpass this. One of the key things youve said many times that the economic soft war if you will thats going on between u. S. And china is going to play out in the Corporate Board room, in the corporation, have companies gotten the memo, they want to sell to a billion 4 people and many of them are not necessarily acknowledging or recognizing the National Security threats and the threat of the Chinese Military to turn on the United States at some point. Look, maria, its time to hold americas Companies Accountable and u. S. National security. I think what we really need discussion from americas ceos where they can talk about u. S. National security, major power competition. How are we going to do this and how exposed to the china problem. Maria john then, real quick, all of this in the face of these Companies Getting hacked. You know, chinese hackers are being brought to justice as we speak, prosecutors on charges 5 chinese citizens accusing them of hacking more than 100 Companies Including social media firms, telecom providers, the indictments do not hole directly but evidence including target prodemocracy officials in hong kong suggest state espionage, is that what this is about that its all coming from the ccp and directing hackers as well, real quick, jonathan, we have to jump . The ccp, its all going to link back to them. Our companies are in trouble. They need to Start Talking publicly. Maria all right, we will leave it there. Jonathan, great to see you, always a pleasure talking about this important topic with you. 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