Transcripts For FBC Mornings With Maria Bartiromo 20160503 :

FBC Mornings With Maria Bartiromo May 3, 2016

In trump rally last night, demonstrations including kids who taunted Trump Supporters as they headed to the event. We will take you to indiana live. Get the delegate count, we will hear from a delegates later this hour. Detroit students may not be able to go to students again today, teachers are staging a sickout, why they may not show up to work again. New questions over the soldiers who are in the famous photo, the latest on the marine corps investigation of mistaken identity coming up. Company will have to pay 55 million, faces another 1200 lawsuits around this issue. A new kind of family leave, paternity. The Stores Coming up. In asia overnight, chinese stocks were higher after the countrys president stated support support for Healthy Development. Shanghai composite up. Ubs weighing on markets as well as stronger currency, stronger euro, rather, hitting against the dollar. U. S. Stock market futures a lower opening. Take a look at where we stand. Dow jones industrial expected to open 110 points, twothirds of 1 . We are waiting on earnings and economic data, that certainly will set the tone. We have a cantmiss lineup this morning. John is with us talking about these markets, Trump Campaign sam clovis is with us ahead of indiana. Juan Williams Joins us and laura engram and former Tucker Tooley with us. Do stay with us. We kick it off with the stop story and thats, of course, indiana. Critical battleground in the race to the white house. Democratic and republican candidates fight it out for partys nomination. Theyve been calling me specially over the last week because we had the big win in new york and pennsylvania, all the other places, maryland, we had the massive wins, they were landslides and everybody is now calling me wanting to get on and one particular call said horrible things, donald, i want to endorse you, i want to go with you. What do you like about donald . Everything. Give me one. The wall. Okay, the wall. Thats the main thing. All right, hold on a second. Now, do you know on the wall that donald told the New York Times Editorial Board hes not going to build a wall and not Deport Anyone . Youre lying. Lyin ted. I dont want to have to walk away. The demand for coal may be dropping, the demand for natural gas may be increasing, but that doesnt mean we should walk away from the people. The reason that this campaign is going to win starts with doing something very unusual and contemporary american politics, we are selling the truth. [cheers and applause] maria and the polls in indiana opened moments ago. It is on in indiana. Ahead of the vote, the real clear politics average show donald trump with a demanding lead over ted cruz and john kasich. On the democratic side, Hillary Clinton in a tie with Bernie Sanders. Todays primary is due or die for sanders and cruz, both candidates still far behind in National Delegates, the race there. Take a look. Donald trump still in the lead looking to secure the 57 republican delegates in indiana. That, of course, closer to the 1,237 number he needs to secure the partys nomination. Currently at 996. Hillary clinton aims to capitalize on her momentum following major victories in new york and pennsylvania, the former secretary of state leads Bernie Sanders by a significant margin even without the important superdelegates and yet it is a tide race for the popular vote in indiana. Joining me right now eric erikson. You have been out there and quite vocal against donald trump. Whats your take going into indiana this morning . Well, i definitely think trump is in the lead based on the polls, its going to be tough for ted cruz to stop donald trump, cruzs goal is not to get to 1237 but to stop trump. Maria youre never Trump Campaign has gotten pushback from the support rs of trump. Why have been been adamant to stop trump . The polling has been consistent for a year that Hillary Clinton would just devastate donald trump in november. 20million against trump in june alone starting june 8th. I dont think trump is a conservative and hes been very vocal about protectionism and i dont trust him on social issues. As an evangelical and conservative i would have to look elsewhere if trump is the nominee. Maria what about the fact that hes bringing out the voaer, voter turnout is way up on the republican side and way down on the democratic side. The argument against what youre saying is that trump is actually bringing in lots of other people more people to the republican side of the race and they like his toughness . Well, the problem is that voter turnout would be up even if you subtracted Donald Trumps votes. The other candidates are as well. The problem is still only about a third to 40 of the Republican Party, which is the smaller of the two parties, when trump is looking at 70 favorability with women and 90 negative favorability with hispanics. 53 unfavoriteility compared to Hillary Clinton that has 30 . Maria yeah, i want to bring Dagen Mcdowell, fox News Reporter captured scenes of the rode crowd outside of the trump rally in indiana. Once again we see young protestors voicing their anker towards trump. Weigh in here. Dagen youre doing Hillary Clinton a favor if you because youve said never trump but if you dont vote for donald trump and hes the nominee and even chose not to vote for Hillary Clinton, arent you handing the American People at least another four years of the Barack Obama Administration . Its kind of saying that smoking cigarettes gives you cancer. They have chosen to give Hillary Clinton the presidency. Maria yeah. Dagen couldnt you do something, though, could you talk about Donald Trumps negative, if you start working in his favor, couldnt you as an individual work to change that . I very much doubt it. The thing that donald trump has been saying on the campaign trail, no one can control him, he cant be controlled, he likes to go off and be loose with facts and statements, i dont think so. Republicans who think they can coopt donald trump are themselves going to be coopted by donald trump. Maria who would you rather see, eric . Theyre using very strong language, theyre making explicit gestures. Watch this, i want to get your take on this. [shouting] maria eric, what are your thoughts on that, the whole campaign to get trump out seems to be getting bigger and and bigger and you have this kind of violence . Dont we need leadership in there to tell people to stop the violence . Yeah, i think so. Im not a fan of donald trump but im certainly not a fan of leftist who want to shut down. I believe in the First Amendment and neither trump nor the protestors. They have no respect for the american political process. These are leftist who want to turn us into a thirdworld. If donald trump is the nominee, unfortunately that side wins. Maria what do you want to see in there, ted cruz or john kasich . I would prefer not kasich, but cruz, rubio, a white knight to save the republicans from the maddens but certainly not trump. Maria why should we expect anybody to get anything done. His supporters believe that hes going to shake up the system. How do you say marco rubio or anybody else who hasnt been able to turn this around yet . Well, thats the staggering irony of all of this, the Establishment Republicans prefer donald trump than ted cruz. Hes begin to go higher lobbyist and the republican consultant class. When howard dean ran for democratic nomination in 2004 he lost but he took out many of the democratic consulting class with them. The republican consulting class is yet to be challenged and donald trump shows no sign of challenging them. If trump wins nomination, he may take out a lot of republicans down ballot but Mitch Mcconel will still be in washington because hes safe for another four years. Maria youre not going to vote for trump and you dont believe thats a vote for Hillary Clinton . No, i dont believe its a vote for Hillary Clinton at all. Ive been saying hillary was going to get elected if trump is the nominee since march. Maria yeah, but thats the point that dagen was making, if you stay home and other people stay home, youre giving it to the other side . Well, that is the point. Maria dont you feel like you have an obligation to support the front runner whoever that is, whoever get it is nomination . No. No. I see no obligation to support donald trump. Ive been saying since march that hillary will elect elected if donald trump is the nominee. If they want to vote for trump, they are the ones who are essentially handing this race to Hillary Clinton. Maria all right, we will be watching. Eric, thank you so much for joining us. Thank you. Maria we appreciate your time eric erikson. Weve got complete coverage and analysis of indiana primaries. We will take a short break. Coming up Detroit Public School students may be force today stay home a sec day in a row as teachers continue their sickout strike. Johnson johnson order today pay 55 million over the powder, why the costly defeat seem far from over for the company. We continue our coverage this morning from the global conference, greatest minds in business stand on los angeles, we have many of them ahead on the program today and tomorrow. You dont want to miss it. Back in a moment. This just got interesting. Why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis and a 200 savings card. Maria welcome back. We have breaking news right now. Pentagon is confirming this morning that the Islamic State has kill it had first u. S. Soldier in advice and assist mission in iraq. We are following this and we are bringing the latest development as they become available here. It is still to be determined whether parents in detroit will send children to school today as the teachers sickout could continue today. Cheryl casone with the details. Cheryl thats right, maria. All 97 Public Schools were closed yesterday after more than half called out sick and protest. Thats according to School District spokeswoman. The Union Representing many of those teachers telling members they dont expect teachers to show up to work today either. We should get a better picture as the sun comes up there. Meanwhile a u. S. Jury ordering Johnson Johnson paying 55 million, cost her to develop ovarian cancer. Johnson johnson plans to appeal the verdict. 1,200 lawsuits accusing of not warning consumers about, talc products. Original judge ordering all teleph operators to block the facebook app for failing to turn over data. Maria, starting at 2 00 p. M. The app stopped working. They cant use messaging and freecalling functions. Its one of the best waying to talk to your friends for free. I happen to know that. [laughter] maria absolutely. Thank you, cheryl. Up next, outrage over claims of mistaken identity in the iconic photo. Two amateur history say its not what it seems on that picture. The Technology Giant in the news and on the move this morning. We will be right back live from the conference. Stay with us when it comes to Small Business, shes in the know. So strap yourselves in for action flo Small Business edition. Oh, no im up to my neck in operating costs ill save the day for plumbers and bakers and scapers of lawn, shes got customized coverage you can count on. You chipped my birdbath now youre gonna pay not so fast i cover more than just cars and trucks. Action flo did somebody say insurance . Children flo action flo cut can i get a smoothie, please . Ooh they got smoothies . For me. Maria welcome back. We are coming to you live from the los angeles milken conference, markets are kicking off a brand new month with all major averages bouncing back after weekly decline since february. Having said that, we are looking at weakness this morning. 2016 that is been turbulent. All bound to create pockets of volatility in the coming months. My next guest say investors can still find value in the turmoil. Chairman and global chief investment john calamos, john, good to see you both. We should point out to viewers that this is a new thing. Congress congratulations. You have taken on the role of calamos. Itll be 40 years and to work with someone with such great integrity ri morality as john and track record of one of the best investors of our time and im very excited to be part and grow on a fantastic platform. Maria and i agree with you. I have been talking to john for a lot of years. So you were the ceo misuho. Maria john, you have been investing. Youre still going to be allocating the capital . Be able to focus more on the investment side of the business. And this is really part of my lengerterm longerterm of the business. So very excited about this. Maria excellent, congratulations to you both. This is not a very easy market to navigate. We are expecting a lower opening today. We began the beginning of any year, we settled from that. How do you want to allocate . I think we have a very nervous market, no doubt about that. But we are still in the camp that we do not feel that theres a recession coming, so youve got to manage this volatility best you can. I think quite frankly in my mind theres more risk in the bond market than the equity market. Maria you have negative Interest Rates in a number of places around the world right now. I think its 5 or 6 Central Banks have gone negative in terms of negative Interest Rates. What has been the impact . Country tries to get their trade better than ours, that type of thing, but i think the concern is really, you know, the slowdown in the Global Economy and how thats going to effect the markets Going Forward, but, you know, im i would tell investors dont pan nick this kind of environment, as we could see one day, up and down, up and down, its a very, very, you know, market thats very volatile. Maria so your mandate is to expand and build on whats already been put in place at colomus, how do you do that when you have the rest of the wall street cutting and still deleveraging . Thats a great opportunity. The european banks that were cutting back, we went from nothing to be the top 10 investment banks in the world. I see we already have a fantastic foundation, my experience is very much complement being at a Global Distribution bank, fixed income is a big part of my background. We are looking to add a different products into our lineup at calamos investments. Maria what do you guys think whats going on in japan in the japanese market is closed but thats where the problem has been, the japanese yen instead of going down has been going up and disrupting markets . As i said in the program, in your program many times, theyre going to do everything they can to stimulate their economy and bring back growth all the way to what they did a couple times ago which is go to negative Interest Rates. Unfortunately, that did not work for them and thats why the last time they decided to hold them and see what happens. But theyre not going to give up. Theyre going to keep at it and we will see what happens. Maria what do you think, john n terms of allocating capital . Japan and ecb and even here the fed, theres too much emphasis on Monetary Policy. The problem is fiscal policy. Maria right. I think thats whats being ri flected in the election as well. Whats our fiscal policy going to be . You know, the fed the Monetary Policy has done all it can, negative Interest Rates. Maria thats why people are saying the central bankers are out of ammunition. What do you want to see the next president do, whoever that might be, policy that that person can put in place . I think a tax program that makes sense for the united states. You cannot give companies incentive not to bring money back here. We want them to invest, we want them to build businesses and if you doubletax them, theyre not building their business here, theyre building outside of the united states. So thats the incentive. Maria real quick on the growth story rr is the growth . Youve been a growth investor and you have bought technology but technology is having a rough time in the First Quarter. What happened . It is, and i think its really a very selective market in here Going Forward, but i think, you know, we continue to

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