Transcripts For FBC Mornings With Maria Bartiromo 20240712 :

Transcripts For FBC Mornings With Maria Bartiromo 20240712

We will get insight from the director of of National Intelligence John Ratcliffe at 8 00 a. M. This morning. Take a look at tripledigit move, dow industrials up 218, nasdaq up 29 and s p up by 29. Friday industrials were up 112 points, nasdaq lower by 42 and white house trade adviser Peter Navarro on focus on swing states. Out with a report on swing state economy and we will look at michigan. Online outrage. Twitter executives online posts revealing deepseated hatred for President Trump. We are following the accusations of Technology One sideness this morning. Real november surprise. Neil degrass one day before the election making a buzz. Mornings with maria is live right now. Maria lets take a look at european markets this morning on the heels of strong performances in the u. S. Ftse 100 down 2 points but cac quarante is down 40 and dax index is higher by 15 and a half. China out with some important Economic Data reporting 4. 9 expansion in Third Quarter gdp, from a year earlier. Sales up also in china. The numbers come from Chinese Communist party. Interestingly it did not move markets. Top stories that we are watching this morning. President trump slamming joe biden over his sons email scandal and him cashing in on his fathers position. Joe biden is and always has been a corrupt politician. He always has been and as far as im concerned, the biden family is a criminal enterprise. Maria the New York Post reporting twitter will not unlock its account unless tweets about the bombshell report are deleted. New york post account is still on lockdown. Twitter and facebook under fire for trying to limit and censor news. Top executive at Ukraine Energy company where he was getting paid for it. Joe biden slamming President Trump response in north carolina. Trump said in one of the rallies, we turned the corner, my grandfather would say this guy has gone around the ben if he thinks we have turned the corner. Turn the corner, things are getting worse. He continues to lie to us about the circumstances. Maria today President Trump is headed to arizona for two rallies. House Speaker Nancy Pelosi giving democrats and republicans 48 hours to reach a deal if they want to pass coronavirus release before the election says pelosi. Ultimatum comes as both sides butt heads on money for local governments, business protections and overall spending on the package. President trump says hes willing to get republicans on board with a larger package to get a deal done. Global cases of coronavirus now reportedly crossing the 40 million mark. This according to new reuters tally. Task force member dr. Fauci says he would recommendational lock do you know only if the numbers would get really, really bad. The company is fatigued with the restrictions. Well, Hong Kong Stock Exchange will hold a listing hearing today to determine whether the groups can proceed. Overnight security regulator approved the Technology Firm plan, 35 billion. The Company Still has to complete registration for the shanghai leg of the ipo, of course, china is in charge. Ant backed by Alibaba Group can reach 203 billion. Wall street firms are trying to get on this deal. The largest ipo we have seen. Markets this morning are higher. Check out futures tripledigit gain. Friday the dow snapped 3day losing streak and nasdaq dipped into the red on last hour of trading. All ended in positive territory. Senior strategist linda and also joining the conversation all morning fox business Dagen Mcdowell, pollster and president of maslansky partners lee carter. Great to see you ladies this monday morning. Linda kicking it off with you, what do you think is behind the move and how do you want to invest going to year end . The market is just really growing in terms of the expansion here. What youre seeing is small cap stocks finally getting a bid. Theres rotation going on but theres so much money on the sidelines, the earning season started very strong and con census consensus is clear that whoever wins the election, historically the 3 months of the year are the strongest going back 30 years for the whole world. Maria we had retail sales and gdp showing growth in china. Is that one of the triggers for investors this morning. China first with coronavirus, now seems to be turning around and seems to bode well for the economy. Thats starting to pick up. That may very well what you see. More looking over to the international side. Here in the United States the markets have gotten ahead of themselves. We could continue with all the strong stimulus. Perhaps next year when the dust settles, what about all of the money that we are spending and in terms of the value where 44 of gdp has been named in terms of stimulus and they are going to give us even more than that. Thats more than any country in the whole world. If you think the dollar is on its way to weaken, i kind of think we do, that might be interesting play going into next year. Internationally versus the u. S. Okay. Well, thats an interesting point to look at international because this morning weve got news out of europe where there are significant increasing lockdowns going on. Youve seen spikes in italy and spikes throughout europe and as a result they are locking down the economy. Are you including europe potentially looking across the world . Excellent point. Not europe, emerging markets that are poised to do well. Of course, if youre talking china you are talking merging markets. Europe has a lot of problems. Maria got it. Thats exactly right. Back in the u. S. The Service Sector has been hit hard because of the pandemic, linda. You know, the president is talking about firing up the Manufacturing Sector not just to get jobs from overseas country back in back but i assume the Service Sector have been hit so hard. But you think services will come back soon. Well, fingers are crossed for service. Thats what thats the part, of course, the part that has been hit hard. We call it the epicenter of the pandemic and to the extent we get the vaccine. People want to get back out there and get those jobs back again. You get some stimulus back and whoever is in place, more ppp and thats whats kind of dead right now, so thats what might look exciting Going Forward and, you know, the last 40 years if you look after the election historically, next 6 months was time for value. Pretty strong that way. Think about financials, think about energy betting up areas of the marketplace and that would play into as well with the services, the epicenter stocks that got hit. Maria all right, linda, we will leave it there. Linda dissell, great to see you, linda, come back soon. Morning mover, pfizer. Take a look at shares. Company aiming to have a million doses of potential Coronavirus Vaccine ready by the end of the year. It could file the emergency use in late november. This morning pfizer shares are up two and a thirds percent great. Joe piscopal on dueling town halls. We are looking at market moves, word on wall street, dont miss that. Former city mayor giuliani, we will talk about hunter biden and wrongdoing and take on election two weeks away from election day. 8 00 a. M. Hour, exclusive interview with director of National Intelligence John Ratcliffe. He will weigh in on a variety of topics including the censorship of conservative voices. The assistant to President Trump office trade of manufacturing Peter Navarro is here with new report of economy of swing states. We will take a look at michigan today. Dont miss mornings with maria live on fox business. Stock slices. For as little as 5, now anyone can own companies in the s p 500, even if their shares cost more. 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The president says the information found on Hunter Bidens emails is, quote, the real deal. I spoke with california congressman devin nunes yesterday, the Ranking Member on the Intel Committee, here is what he said on sunday morning futures. Congressman nunes, i want you to tell us what you believe is still out there, you have social media suppressing this news. Yeah, the way i look at this, maria, if the shoe was on the other foot, so, for example, if ivanka trump had gotten 3 and a half Million Dollar payment from russian oligarch, that would be a massive investigation. If they turned on Donald Trumps laptop emails tieing up to paper scheme, essentially what we have been investigating President Trump for years, the question right now by the Fake News Media and the social Media Companies would be this, it would be win, trump resigning, is he going to be impeached before the election and when is pence taking over. In fact, that would happen for any governor, any u. S. Congressman, any senator and, in fact, i know your family had a piece of business, if pizza business, i guaranty you you would be investigated. How in the world did Maria Bartiromo send maria this as we learn as the New York Post who broke the bombshell report is finding numerous instances where twitter employees and executives have a deep hatred for President Trump. The new report finds twitter employees hoping the president is defeated by joe biden and one employment calling for the president to, quote, diet in a fire and just to note, the New York Post account is still on lockdown, they would not release it until they delete the emails about joe biden. Joining me right now federalist Christopher Bedford. Christopher, this was quite extraordinary. I dont know if youve ever seen anything like this. We have actual evidence that hunter biden was carving in on fathers position and then coming up with arrangements where he was getting tens of millions of dollars and twitter will not disseminate the story. Your reaction . Chris i havent been thinking of pizza this Early Morning since college at least. Theres been a trail of evidence, theres been bank accounts, payments that have made no sense, he was vastly unqualified for and very well compensated for. The New York Post appears to have a smoking gun on this corruption of hunter biden, not of his father, thats not proven yet. So far twitters reaction is what we assume it would be. The New York Post story now and the new york story they published before, fox, daily caller, the federalist, twitter ceos and Vice President s, the senior engineers all across social media hate donald trump, want him to lose the election and want joe biden to win the election and want donald trump to die. At some point we have to take them at face value and i hope that jack is called in person and not over skype to answer questions. Thats the beginning of antitrust investigations and all other kinds of ways that the government can make company uncomfortable for trying to suppress americans. Maria fox news validated one of the emails found on laptop. This is about a chinese company. Hunter biden to executive, my understanding is the agreement was for consulting fees based on introductions alone at rate of 10 million a year for 3year grantee for of 30 million, the chairman changed in miami, 50 owned by me and 50 by him. Consulting fees are income stream but the reason proposal was so much more interesting to me and my family we would be partners in equity and profits of joint venture investments. Its extraordinary. The emails go on and on. Do you think people understand what has taken place here that hunter biden was doing make business dealings and transacting with companies that are linked to the governments there while his father was negotiating u. S. Policy with china . Chris yes, i do. Unfortunately i really do think its going to resinate for only one reason. Its not because the story was published and the New York Post was able to get it and giuliani appears able to have gotten it and the reason it will resinate and not ignored by leftwing media and have Biden Campaign say theres no evidence that joe did anything wrong, theres no evidence that joe did anything wrong, its because of twitter and facebooks massive, massive overreach. When you got to a point last week when they were censoring the personal account for the spokeswoman of the white house, they were censoring house judiciary committee. Thats picket charge maneuver, unnecessary overreach to protect their man joe biden. That means that something that could have been a 6hour news cycle even though its important in weird 2020 will be a discussion for weeks and weeks as more and more evidence of incredible attempts of corruption come out on laptop. Maria i mean, the corruption is just beyond. I dont know where this goes but obviously we are hearing that there are more emails and whats really striking to me is that the biden camp is not denying it. All they are saying, oh, the meeting wasnt on his official schedule, no kidding, i dont think that you would put that on your official schedule but they are not denying that the emails have validated and they are not denying that hunter biden has had business dealings while father was Vice President. We will keep watching and hope to have you back to keep talking about it. Final word. Chris thank you. If you insert a couple of fakes in real ones but so far sources are telling one not a single unverified email has been found. Maria all right, thank you so much, Christopher Bedford joining us from the federalist. We will keep watching. John ratcliffe, director of National Intelligence my International Guest today. B can mean a lifetime of blood thinners. And if youre troubled by falls and bleeds, worry follows you everywhere. Over 100,000 people have left blood thinners behind with watchman. Its a onetime, minimally invasive procedure that reduces stroke risk and bleeding worryfor life. Watchman. Its one time. For a lifetime. Omnipod delivers insulin through a discreet waterproof pod. To help simplify life. No more daily injections. Its gamechanging. And the wireless controller helps deliver the right amount of insulin. Plus, take your insulin anywhere with a small tubeless pod. Get started with a free 30day omnipod dash trial today. Go to omnipod. Com for risk information, instructions for use and free trial terms and conditions. Consult your Healthcare Provider before starting on omnipod. 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