Be the next president s problem. Good luck to that person. Trump Economic Advisor steve moore will give us his take. David unitedhealthcare, nike and walmart dragging the bluechips lower today as they did yesterday. A different story for oil though phil flynn, price futures, watching action from cme. Adam shapiro on floor of the nyse. Adam kicking off with the vix, the volatility index. Reporter there is fear out there, fear of janet yellen, what she might say or what she might not say tomorrow in jackson hole. Vix at threeweek high. Highest point since august 2nd. Investors trying to look or see some clues in what janet yellen says when she addresses those gathered, central bankers and different pundits in jackson hole. Peter barnes is out there. He has you covered on that front. Facebook up half a percent, after they bought whatsapp in 2014. When they bought the messaging service they promised would preserve and respect user privacy. They will share. Numbers with facebook. They will be easier to target whatsapp users and facebook users. Some people not happy about it but investors are. Federal trade commission cleared the way for tesla to buy solarcity. There will not be antitrust legislation or litigation rather, pursued. You can see investors may not like the deal. They got clearance to buy. Down 1 1 2 . Melissa, david, back to you. Melissa thank you, adam. Phil, oil moving in the opposite direction, what is behind that . Couple could things, melissa. We had comments from saudi oil minister. He said no significant action will be needed because the market is balanced. First the market took those as negative comments. When they read the actual interview it seemed to mean more supportive. Saudi arabia thinks demand is picking up and opec may come to an agreement but they may not have to because the market is getting really in balance. We also saw the market jump on the headlines that came out from the u. S. Defense department that said they actually fired on an iranian boat yesterday. So that also got some shortcovering in play. We also had the Natural Gas Market today. Historically low injection into supply for the state. This market has been up nine out of 10 days. Part of it is because we have the perception going into the summer that supplies for this winter would be alltime record high. That may not happen. It may not happen for two reasons. Number one, weve had record hot temperatures this summer. And possibility of this Tropical Storm could be still a threat to production. Back to you. Melissa phil, good stuff, thank you. David we reported and they caved. Mylan is saying theyre providing savings cards to reduce outofpocket expenses for folks who cant afford the life saving epipen but did not say they would reduce the actual price of the drug now or even in the future. Here to discuss is scott martin of kingsview asset management, fox news contributor, as well as jared levy of profitable trading. Com. Good to see you both. Scott, you know the first thing i thought of i heard this story, why isnt there a competitor . This thing is not rocket science. Its a pen with syringe inside. The drug itself is very cheap. You can make insane profit the reason is as were now discovering there have been a whole lot of pharmaceutical companies who had a competing product but the fda wasnt letting them in. This sounds more like a regulatory problem than anything else . Yeah, i mean the government just as complicit, david. It is an old product as well, many decades old. This is not like a new technology. Ill tell you what else is funny. If you look at price rise in the epipen in last several years coincides with the passage of aca in 2010, david. There is a lot of players involved with what happened. Mylan got caught. They got caught with public outcry. They got caught with pricing, now theyre coming to the table saying hey well try to help. A little too late for me. David ceo has political connections. Made a fortune, god bless her, but using political connections to cut back on competition on competitors, forcing Government Programs that force the use of that particular pen. This looks like crony capitalism to me. It is, and weve got to be careful here. It is not pure real capitalism. Crony capitalism or like scott said, fed by the aca. Millions of people are guaranteed the product, guess who is paying for it . We are. To get the aca pushed through, medicaid relinquished its ability to basically negotiate prices for drugs, to get a lot of these drugmakers on board with the aca. That was beginning of it. By the way, check the secondary market in epipens. On ebay theyre still trading 200 for the pair. Those are expired pairs. Melissa oh. David incredible. Nothing brings down prices like competition, nothing does better than that certainly not price controls. Melissa. Melissa bad news for cocacola and pepsi. Soda consumption dropping 22 in berkeley, california after the city introduced a tax on sugary beverages according to new research for the american journal of public health. Scott martin, i dont know, i think im calling bs on this whole thing. When you look at, they blocked chain restaurants from going into south l. A. , i think it was. Obesity rates rose because different kinds of fattening food went in instead of mcdonalds or whatever. Fewer people are drinking sugary soda everywhere. Is it surprising theyre doing it in berkeley . Humans are healthier. Theyre making their own choices not because of taxes. This is just one of those ploys to say, hey, taxes work, it disincentivizes sugary drink consumption you should have more. I dont particularly like government coming in. Melissa, you know mayor bloomberg trying to ban large sugary drinks. I dont like government telling you this is what you can have, this is what you cant have, in case of americans getting healthier, im all for it. Melissa jared, on flip side they understand you tax when it comes to discourage coming to sugary beverages and happy to tax the hell out of my income to discourage me from working. If you will tax me, give me something in return, or tell me youre doing something. For instance, if a local municipality or state will tax my sugary drinks, make my water drinkable. Go up to flint, michigan, and several other cities, cant name them off the top of my head. That is why bottled water exceeding soda sales First Time Ever because we dont have clean water. Give us taxes to pay for clean water, then i might buy it. David good point. Risky sign of the times. Millenials taking out home equity loans to fund short term expenses like vacations and medical emergencies. Jared, this seems like dangerous trend, no. Of course. This is show me generation or let me show you myself and how great my life is, even though im jobless or just a blogger i will go on trips to bally or indonesia or whatever. This is really interesting. I did some numbers. If you took out 1,000 an credit card, even at 15 , if you pay it off in years time you would be better off rolling that 1,000 into 4 mortgage over 15 years. You would pay 700 . Real problem, millenials are not making enough money. David i dont know, scott. I think real problem is that Interest Rates are so screwed up youre seeing all these kinds of things that dont make sense in normal times. That is why it is so important the fed get it right. You can take a piece of your house down to the bank and actually get some lower Interest Rate cash for it. That is really feeding this issue. Millenials are thinking the house is investment, not so much longterm asset. Taking money out of longterm asset, which is their house and putting into short term depreciation jewelry or vacation. David reminds of 2006, 2007, 2008. We know how that movie ended. David we know exactly how it ended. Melissa . Melissa u. S. Navy firing warning shots after another close call with iranian ships in the persian gulf. This as we learn new details about the 1. 3 billion payoff we made to iran. David war of words on the campaign trail. It is getting hotter than ever. Donald trump slamming his opponent in New Hampshire this afternoon, calling Hillary Clinton a liar who paints decent americans as racists and bullies. And of course we just heard what Hillary Clinton said about him. Melissa yeah. Clinton hitting back at trump at her own event in reno moments ago. From the start donald trump has built his campaign on prejudice and paranoia. This just got interesting. Why pause to take a pill . Or stop to find a bathroom . 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Melissa as she deals with controversy surrounding Clinton Foundation and release of additional 15,000 emails from her private server, Hillary Clinton is trying to focus negative Media Attention back on donald trump. Break burman standing by in d. C. With the latest on clintons new offensive. Blake . Reporter hi, melissa. Hillary clinton dedicated entirety of a 30minute speech today not on policy rather than on donald trump. Clinton tried to portray her moment pedaling discredited conspiracy theories with racial undertones. Clinton said trump engaged in steady stream of bigotry. And there was more. Trump is reinforcing harmful stereotypes and offering a dog whistle to his most hateful supporters. It is a disturbing preview of what kind of president ed be. He says he wants to make America Great again but, more and more it seems as though his real message seems to be make america hate again. Reporter trump launched his own preemptive response at a rally in New Hampshire earlier this afternoon. Trump said clinton was not just attacking him but attacking his supporters as well. They are left with only this one tired argument, youre racist, youre racist, youre racist. They keep saying it, youre racist. Its a tired, disgusting argument. Reporter clinton took aim at trumps new campaign ceo Stephen Bannon and breitbart website. He says he embraced the altright philosophy she described as fringe movement. Melissa wow. It is only august. Reporter 75 days to go. Amazing. Thank you so much, david. David targetrich environment. Lots to talk about. Brad blakeman former senior staffer for president george w. Bush and democratic ohio senator capri cafaro to weigh in on the speech and Everything Else in the campaign. Capri, we heard trump reinforce some stereotypes. We hear stereotypes coming out of hillary campaign, an ad that connects trump to the kkk. Lets play that ad and get your response. A lost klan members like donald trump because a lot of what he believes we believe in. Donald trump would be best for the job. For president . Yeah. David capri, this kind of thing throughout until the election itself . Sadly for all of us, in the United States, i probably think that we will. The politics of fear are in full effect, david. We saw that not only in that pretty incendiary advertisement linking the kkk to donald trump but in dueling speeches that were on today donald trump First PaintingHillary Clinton essentially as you know, a selfcentered criminal who is out for herself and bought and paid for. Subsequently Hillary Clinton landing some blows as well in reno nevada, basically trying to frame donald trump as some kind of a racist who is too unstable to be commanderinchief. This politics of fear in full effect and these are the narratives i think both camps will keep pushing. David brad there was a little bit of policy from hillarys speech, essentially it was, if you believe things are deteriorating in america, getting worse, particularly in the inner city, youre a racist. Unless you see everything is rosy, unless you see everything is improving, there has got to be something wrong with you and you have a racist view of the world. Thats, thats a pretty damning way of going after your opponent, is it not . It sure is but you know this is the, this is the politics of deflection. All you have to do is google democratic cities in america, and take a look at what is happening in inner cities. Minority populations of those inner cities double the National Average or more of unemployment. One in three is on some kind of public assistance. Dropout rates are through the roof and incarceration and crime. This is deflecting away from the responsibility that democrats have in areas which they concentrate and control, mostly our urban areas. They have taken them for granted. What you do . You blame the other guy who hasnt had any of political experience. David capri, you are a representative and you deal with some people in the inner cities. Sure. David there are serious problems, there are ways in which education, crime, have deteriorated. No question. David unemployment. It is something that is worthwhile talking about, right . Absolutely. David without being called a racist. There is no question. We need to be serious about policy solutions. I represent urban, suburban and rule areas. Not only do we need to talk about plight of inner cities and but rural poverty, something seeming no one has time for. David brad, not just hillary throwing out the racist charge. We heard it from trump as well the past 24 hours. Lets play that tape. Hillary clinton is a bigot who sees people of color only as votes, not as human beings worthy of a better future. David brad, according to trump if youre taking somebody for granted, a particular bloc, youre bigoted against that bloc thinking they can be used. I dont like the incendiary from the left. I certainly dont like it from the right. If you stick to the facts, the facts rule the day. The facts are that democrats have taken minority populations for granted. David does that make them bigoted . Does that make them racist . It doesnt make them racist. It makes them wrong. That is where you lose credibility of your argument when you to the extra step. I wish he wouldnt do it. Facts speak for themselves. When we stick to the faxes we win. David brad blakeman, capri cafaro. Thank you. Melissa. Melissa wikileaks founder Julian Assange hinting a october surprise for Hillary Clinton. This is what he told meghan kelly last night. Understand we have a lot of pages of material, thousands of pages of material. I dont want to give the game away but its a variety of different types of documents from different types of institutions that are associated with the election campaign. Some quite unexpected angles that are, you know, quite interesting. Some, some even entertaining. Melissa wow. When meghan asked whether it could be an election gamechanger as assange replied, depends how it catches fire. David kicking the can down the road. White house passing the buck facing u. S. Economy to the next president. Coming up is it steve moore here to sound off. Tornadoes tearing through the midwest. Severe storms destroying hundreds of homes and business. Look at all the debris. Oh, my gosh the david breaking news. Texas jury found gm ignition switch was not to blame in a 2011 crash that killed a person. Shares are up slightly afterhours. Melissa. Melissa federal budget deficit is on the rise. Total for 2016 estimated to reach 590 billion. That is according to the congressional budget office. Well the Obama Administration is handing over the problem to the next president. There is certainly a lot of money that can be saved and, that, this will be a challenge that the next president , next congress will have to do. Melissa so good luck to him or here now is steve moore, Trump CampaignEconomic Advisor an fox news contributor. Steve, we have talked about this before. There is tons of blame to go around. Everybodys track record on the deficit and on this continued spending is terrible. Republicans, democrats, nobody in the election is talking about shrinking size of government or spending less or cutting entitlements what is the deal, steve moore . Talk about the 600 billion deficit, because if this was real recovery, we would see the deficit falling. As you spend less and you take in more revenues. This is first time were seeing recovery where the budget deficit is going up. What that suggests. The reason the deficit is going up primary economy is only growing 1 last nine months. That doesnt generate enough tax revenues. I always believe. Melissa talking about incremental change and i totally respect and hear what youre changing but the bulk of what we owe we are passing on to our children is about entitlements. Yeah. Melissa until somebody attacks that it doesnt make a dent of difference. Look, growth is critical. If you get growth up, every time we raise the growth rate one percentage po