Tuesday september 5, your top stories at 6 00 a. M. Eastern time, today markets back open after the long Labor Day Weekend, futures as you can see down to the downside, the dow down by 20 points, nasdaq and by 47, s p down 73 quarters. Investors looking ahead to september as a summer of uncertainty, a full Market Analysis all morning long. European markets are mixed as you see the green, the cap 40 and the dacs are lower. In asia overnight markets mostly lower, hang seng down other than 2 , then bidenomics is not having the impacted by the administration had hoped. Dismal new poll numbers about the economy and his age plaguing the president , House Republicans ready to ramp up their investigation and we conceal impeachment inquiry when they return from recess. Joining the conversation on boarding long long ski Group Founder and president john lonski and Fox News Contributor liz peek. Mornings with maria as live right now. Cheryl time for the hot topic of the hour. President biden touting bidenomics in america having the strongest economy in love with inflation rate in the world despite soaring prices, watch this. Guess what it is working its about building the economy middle up not the top down. This is not a political statement this is an economic statement. When the middle class does well everyone does well. Im a capitalist, the poor do well and you can still be a millionaire or a billionaire except one thing, pay your ta taxes. Pay your taxes. Bidenomics is a bluecollar, blueprint for america. It is for you. Here is the thing john wants kia report from the republicans back in july the under President Bidens term this far inflation is up 16. 6 your groceries or by 20 in Energy Prices by 38 hes running on bidenomics. Its not working at all, the prices of necessities have incurred the steepest price hikes since biden took over that is a real burden for the average american, this job market is so great but i look closely at the jobs numbers and what i found out three months and of august, 83 of the newly created jobs came from a couple of areas that the private education all, healthcare, leisure and hospitality. The average weekly income for those categories is way under the overall average speed with the president also yesterday in philadelphia was talking about a big supporter of unions were getting get to that in a little bit he mentioned all the jobs 13. 5 million jobs, he keep saying that but that is not correct, he said new jobs these are not new jobs, a large majority are covid that was taken out and put back into the u. S. Economy. Thats totally right if you look at the number of people with the increase in the population since he took over the truth most of us have not found jobs so we replace the job number that we had when President Trump left office and because of the shutdowns. The most offensive thing the biden continues to say is that President Trump was only president that left office, fewer jobs than when he entered office, that is because of the covid shut down. Its a dishonorable statement because true did what everybody told him to do which is to shut down the economy and that the only reason the jobs number went down otherwise yet an extremely successful four years of growth and employment. Cheryl im glad you brought up the former president , President Biden also mocking former President Trump as a great Real Estate Developer while touting his own infrastructure plan. Watch this. The guy held his job before me was one of two president s in history. He left office with fewer jobs in america than when he got elected office. The last guy did not bill the dm thing. Cheryl we just talked about the jobs numbers which is incorrect but he was mocking President Trump saying he was a great Real Estate Developer he did not build anything when he was president. That makes no sense. How can you be a great Real Estate Developer on one hand and never built anything on the other hand. He doesnt know what hes talking about. Cheryl i think there was a wall that was built. He was very successful in the private sector when he was younger he had quoted impact in the 1970s when he came to the forefront he was taking risks at building apartments and hotels near city when everybody else was afraid to do so because of a high crime rate. Cheryl i think what is interesting if you look at the economy and americans we will get into this later in the new polling numbers are showing us in middleclass same were being squeezed were not benefiting from this economy and as a going to 2024 when its going to be about Kitchen Table issues as it always is. Two months of real income increased up until now and comes up in less fast than inflation. Americans have taken a hit, not just the middle class, if you look at polling the worst is a lower income americans. There is a snap study people on food stamps, have to have enough food to eat in their skipping meals, thats double what it was a year ago so the inflation creep in the hit to incomes is severe for everybody. Cheryl one more thing i want to bring the supper quick, he made the remarks on labor day yesterday, the president , President Biden. The same time secretary of commerce gina raimondo, sunday said inflation still exist and remains a challenge for americans, his own commerce secretary. He says inflation is a problem but he says its not. One person saying one thing and the other presenting another, we cannot be totally wrong. There is a sense of stagnation but there are a lot of attractive Job Opportunities popping up, especially for younger people in lower income people and people are getting frustrated. We have a very low Unemployment Rate but how do you explain at the same time why is Consumer SentimentConsumer Confidence although an appointment should it be at six or 7 . Cheryl we went from 3. 5 appointment to 3. 8 unemployment in this country. We are just getting started. Coming up a shockingly report detailing how Chinese Nationals are posing as tourists to get into the u. S. Military sites. Member of the House Select Committee on the Chinese Communist party florida congressman Carlos Gimenez will weigh in next. 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S. And the ccp. Good morning. According. He returned from taiwan that is one issue with it comes to china and i will no focus on the investigative piece from the wall street journal. What is most concerning is is fbi in department of defense reviewed all of this last year, at what point did you hear about the Chinese Nationals posting as tourist trying to get onto military bases . Just recently, like you did. Im interested in reading the wall street journal report it does not surprise me at all that the chinese are using this and other tactics to spy on her basis and this is lowlevel kind of spying on the ground but it still spying nonetheless. Cheryl another thing with the g20 summit were loaded that xi jinping his neck would be going to g20. At the same time you had four officials from the biden of administration you can count john kerry is a pseudo official that have gone over there to broker a better relationship with the chinese, they have been nothing but thumb their nose at us over the last few days in particular with comments coming from their ministry department. I question what point does the Biden Administration or you and your colleagues in the house finally start to press down on the continuing encouragement of china into the United States from the balloon to now. All of that is in the president s wheelhouse, we can legislate. We can certainly express her opinion about the actions that are necessary are actions that the president needs to take in the president all he does in his administration is kowtow to the chinese, bake them for meetings, bake them to please accept this coming to china so we could talk to you in the chinese are laughing all the way to the b bank. This is an illustration of never listen to what the Biden Administration tells you, watch what theyre doing that is indicative of their true intentions, at this point in kneeling to the chinese. Cheryl for Governor Ron DesantisClimate Change and hurricane dahlias after the we can, listen to what we just heard. The notion that somehow hurricanes are something do that is just false and we have to stop politicizing the weather and stop politicizing natural disasters. We know from history there been times where its been very busy and for delay. If we adopt leftwing policies at the federal level that somehow we will not have hurricanes that is a lie. Cheryl your response to that. Absolutely true i looked at the history of hurricanes in florida and is absolutely right during the 40s and 50s we have a lot greater activity than we have now, hurricanes or way of life in florida and avoids been a way of life in florida. Everything that happens now is Climate Change, Climate Change and the problem you look back at history and if you look back in history youll find all the events at the Climate Change have been going on forever. Hurricanes or way of life in florida, we prepare and we deal with them very well. Its not to say that we shouldnt prepare for hurricanes as a way of life. I agree 100 with the governor and what he said. Cheryl i want to move on to the wall street journal poll. Its pretty conclusive and extensive. I wouldve focus on a couple of things. They found the only 37 of voters approve a President Bidens handling of the economy, 59 disapprove. Congressman as we were discussing with our panel in the last segment is about Kitchen Table issues in the economy how americans are feeling and they also feel the president at this point, his age is a big concern in this pool, your reaction . I think his age is a concern, look at him you can tell hes somewhat feeble and he does not exude any confidence. To me its not just about his agents about his policies, his policies are her windows for here in the United States but also around the world. We are not respected the way we should be respected around the world and its all due to President Biden and his policies, i dont think the low Approval Rating is so much his age as a handling of the economy in the kindling of the presidency in general, here domestically and around the world. Cheryl liz peeks onset and we were talking about not just the issue of china and the g20, President Bidens neck would be here for the 9 11 anniversary. That is pretty offensive, going back to an incursion of chinese tourist visiting secure sites they are coming across the board by the thousands, this is never happened before clearly these two things are linked chinese decided an open border is an invitation to bring a lot of nationals into our country to spy as the fbi talking to you about that . They are not in the biden of administration continues to claim that the southern border is under control is laughable in the face of the evidence and hundreds of thousands of people are coming to the border every month unabated and what you going to do, take a cell phone and will contact you with your asylum hearing all due to the policies of the Biden Administration and we had an increase in the Chinese Nationals that are coming through. But also coming through or not just the nationals, chinese drugs because of fentanyl is killing tens of thousands of americans every single year, those chemicals are coming to china and mexico and they produce the fentanyl then goes on to kill tens of thousands of americans every single year. Cheryl congressman Carlos Gimenez of florida, thank you for getting up with us, we are glad to see that folks in florida are obviously recovering from hurricane idalia, that is good to see. As we begin the hurricane season. Good to see you. A lot more coming up this morning. Features to the downside not by much. After the big long Labor Day Weekend were going to take a look at what investors are anticipating of a new month of treating, that is coming up next. You cant buy great conversations or moments that matter, but you can invest in them. At t. Rowe price our strategic investing approach can help you build the future you imagine. T. Rowe price, invest with confidence. Heres why you should switch fo to duckduckgo on all your devie duckduckgo comes with a builtin search eg but it doesnt spy on your seac and our browser blocks creepy ads that follow you around fro and other companies. And its free. Download duckduk cheryl lets take a look at futures after markets were closed yesterday for the Labor Day Holiday the wall street journal is reporting that investors are making bets against markets and heading into the fall after the summer rally. Join me, while Financial Network chief Investment Officer brad mcmullen. Lets talk about the month of september. If you look at history particular since 1950, september tends to be a rough month is that indicative of what we can expect for the rest of the year if september is indeed going to be what many are predicting a down month for markets after great summer rally that we had . You are 100 right, september tends to be a difficult month and theres no indication that this year will be different. We have traders coming back to work and we have them figuring out where the portfolios are very real concerns. At the same time i think theres upside Going Forward we have very positive trends in the fundamentals are still sound when you look at job growth that continues and spending growth. When you look at the fundamentals we see earnings starting to be revised up. I think we have room for the upside but september could be a tough month. Cheryl if you look at what the wall street journal is writing, they say this goes in line with what youre saying, strong hiring and spending are keeping a recession at bay for now but liz peeks onset and she wrote an oped on foxnews. Com saying at some point