Transcripts For FBC Mornings With Maria Bartiromo 20160705 :

Transcripts For FBC Mornings With Maria Bartiromo 20160705

Doesnt seem to influence was going on with the investigation. Maria the controversy coming as clinton and donald trump get back on the campaign trail. Both candidates in North Carolina and president obama will appear later today. A deadly week of terror continues. A string of bombings in saudi arabia yesterday, when taken place in a mosque or thousands of worshipers were about to hold sunset prayers. An event five years in the making. And nasas days back entering jupiters orbit overnight. The goal of the nation and what it means for Space Research coming out. More cool video, too. A center in the nba. Kevin durant announcing he will join the Golden State Warriors. Turning to markets, a selloff around the world. Futures. 393 by bus on the dow futures. Off the lows of the morning so far. And your british pound fall into a newt or the one year low against the dollar at 131 and change. The major indices in europe. Weakness acrosstheboard. A selloff of more than one and a 3 in france and germany as we speak. Do concerns about britains exit from the European Union weighed on investors. Overnight in a shack, action was mixed. Losses in japan, hong kong and south korea. Here at me all morning long, Cheryl Casone, wall street journal chief economic has borne that john houston rap and harlan hill. Kevin durand was wearing a priests collar. Dagen maybe thats the latest in fashion you want to bring us uptodate on not. You can talk about so much. Monetary policy, you name it. Weve got you covered. This morning the editor in publisher of the report mark farber. Maybe chairman farber. Maybe chairman and editorinchief, steve forbes. President ial candidate and Arkansas Governor Mike Huckabee and culture of the Great America pac, one of my favorite people in a dog lover as well. Lets move onto Hillary Clinton clinton as she hopes to shift focus as she has the trail of president obama today. Saturday she was interviewed by the fbi for three and a half hours. This kind on the heels of the fallout from the impromptu meeting last week between her has been, a private meeting wishes they between her has been president bill clinton and attorney general to read the lunch you had said the investigation private server. Congressman Hobby Airport sheriff said about the meeting. The fact the attorney general whose integrity is not in question has said shes going to rely on recommendations that the fbi investigators and career prosecutors is a clear sign that it wont be an issue here. Dagen lets bring in the squeal for her analysis. What to make of the interview she finally gave at the fbi finally sat down with her on saturday . What does this mean about the progress of the investigation i should mark she was making a bid point out i finally sat down with the fbi and i gave that interview. The fact is she never had to give the interview. The fbi could have gone and investigated and given the report and should never have to sit down. They could have indicted her without giving the interview. The fact she gave the interview voluntarily or not. The fbi was a common sit down. It doesnt mean anything. The only thing is that she lied to the fbi to get her running martha stuart, which is wants us one to the fbi. They could give the investigation are not going to write her a nod. They wouldve tried to catch her in a lie. Of course they could. Former secretary of state president ial candidate. But they tried tracker . Of course they would. I dont think votegetter online to the fbi. This is so close after the meeting on the tarmac between bill clinton and the rather lynch. It is also a Holiday Weekend. We are all in the Holiday Weekend. Of course timing is important. Lets go back to the meeting on the tarmac. The whole thing for lynch is the appearance of a conflict and a real conflict. Lynch has been very old to have no conflict. Now we are getting into the realm not of it. The appearance of a conflict. With bill clinton getting on the tarmac in speaking with lynch, now we get into the appearance of a conflict. Dont forget that lynch was first appointed by bill clinton. Her first job here in new york in 1999. Cheryl i am naive in thinking they were talking about grandkids. Dont forget, your boss or 1999 and get on the plane and your first instinct is to say, im in. Talk to me. I probably think they were really talking about it. There was a separate investigation into the Clinton Foundation. The rather lynch is having a conversation with a potential with ms. And a potential target in the investigation. She went on to say and her press conference, im sorry i did that. That was wrong. She went on to say if i could speak to eric holder, her predecessor, what would i ask him . I would ask him to tell me how i could the plans. She admitted to making a mistake. She admitted she painted herself into a box. She admitted to making the mistake and now shes in a position where she has to accept what the career prosecutors say, which by the way did not paint himself into a box. Petraeus, when his career prosecutors gave him the recommendation felony, he was able to paint himself out of the box. I just want to add he recused himself then the valerie plain case handed off to a prosecutor who worked out of chicago. There is precedent for her stepping aside. Shes using word play for people like me better observing that dont know the legal backend of the justice department. She is making it seem like she started recused herself that she hasnt. So why hasnt she been more clear with their language . It seems like shes all over. She is saying now. Shes not recused in herself, the thing im going to let the prosecutors handle it. Ill back you up on one thing. If youve ever played golf with bill clinton, and i know people have. Possible in the world of bill clinton. Tie it to Hillary Clinton sitting down on saturday morning and giving this interview. What does this say about where the fbi investigation does now. The fbi is trying to wrap it up, before the convention. Is there anyway to read into where they go . To Hillary Clinton really meant anything to the fbi. They probably made up their mind already. Cheryl i think they really backed it up. Unless Hillary Clinton had a big bombshell in saturday which i dont think. Im not saying now in basement. They decided what theyre going to do. I dont think the interview meant anything unless you have some huge lie which i dont think happened. I think they decided what theyre going to do. An indication of which way they go . Being a prosecutor, looking at it from the outside, anyway to know . I dont think so unless again she made him 1001 big lie, which is lying to federal prosecutors. I dont think so. Dagen the fact the interview happened over the weekend suggest they are getting ready to move. Dagen site manager and not so bright and early on july the fifth. You got us off to a good start. Dagen more political exits in the aftermath to leave the European Union. The leader of the u. K. Independence party calling it quits. Why britains leadership limbo nextparagraph Golden State Warriors and a fitting firm cap and durant is a way to Oklahoma City. The price tag of the decision that could create an nba super team. These spot dagen deadly blast block in saudi arabia. Cheryl casone has. Cheryl casone has the details on that another headlines. Transfer a string of suicide on his paper that they strike an outside an islamic holy site in edina killed at least or security personnel injuring five more. Two bombings including one near the United States cant act were also carried out. No group has claimed responsibility for those attacks. The chaos in british politics continues with one of the strongest proponents of the u. K. Decision to leave the e. U. Independence Party Leader Nigel farage and announcing his stepping down from his post. My aim in politics is to get britain out of the European Union. That is what we voted for the referendum two weeks ago and that is why i now feel that i am a big. I couldnt possibly achieve more did we manage to get in that referendum. I feel it is right that i should now stand aside as leader of the u. K. About to wallop is that i just talked to leave the british accent. It will continue to closely keep an eye on exit negotiations. Speaking of accent, former nba mvp pick pack and is back, live in Oklahoma City for the golden state. The most prized for 54. 3 million. To rant saying it really pains me to know that i was disappointed though many people with this choice. I believe i am doing the right thing at this point in my life and my playing career. What does this mean for golden state . That is a tough team to beat. With kevin durant and says curry, they will have their hands full. Even without kevin durant, still cowboy up and the championship. It looks like what lebron did when he left cleveland to get some rings on his finger. Maybe he gets some rings on his fingers and his fingers in second place in washington, which is his sound town. He deserves the money hes getting. A lot of other guys get tens of millions of dollars and they are role players on their team. Dagen for 5 the next. Thank you so much. Heather clinton hitching a ride with president obama on air force one. The trip sparked an average over who is footing the bill. Nasa celebrated and historic journey to jupiter. Details on the undertaking to im not jupiters secrets. I would like to go to Cooking School in tuscany with my mom. I want to open a microbrewery. Own a droptop and drive it on a sunday with my wife. 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Dagen barclays and jpmorgan won and jpmorgan warning their clients about uncertainty and oil as crude prices trade lawyer this morning. Price features analyst, one of our favorite, phil flynn bright and early with the very latest. What has been going on in the oil market with oil down 2 this morning . It is about fear about demand. What is going on in europe right now. The concerns about a tying things possibly with all the bad blood is bringing does brexit fears that this morning. If you look at oil prices the last couple months, theyve really rebounded from the lows earlier in the year because demand continued to be better than expected. If you have an economic crisis in europe, thats not going to happen. If you look at the big picture, we see that quality coming back into the market as well. Take a look at gold and silver. Silver is not the best performing commodity in the world right now as people run for a safe haven away from these can turn. Talk about oil prices in the u. S. The big news of course is the report that basically said the u. S. Right now have the biggest amount of oil Recoverable Oil in the world right now. Take that, saudi arabia and russia. We are number one with Recoverable Oil. Drain through when i read that report commends her reaction was cap, america. That is oil in reserve. Talk about extraction of the oil and turn it into production. The resources to extract it. Not this time. The bottom line is one third of those companies are in bankruptcy are in danger of going out of business. We did see last week the biggest job on here. The problem is we are still a far cry from what it takes to get all the oil out into the market. I want to ask him and he can talk to you if this drop in oil prices is a symbol of something bigger in terms of market and the economy. I dont think its a sign they are going into some global recession. It is a sign that prices are going to keep going up because Global Demand is soft. Only so far youre going to get away or near the ceiling of that. You raise the whole point about italian banks. I want to turn everyones attention to the wall street journal. We have a front page story today. 17 of italian bank loans are performing right now. We have been spending the last month talking about the british leaving the e. U. The real problem might be in italy. That may be the source of the next financial crisis. That is 10 times the amount of bad month in the United States. That tells you something about the kind of trouble they have in the economy. I think its a big concern. When you have a situation like the brexit, it shows the emperor has no clothes. And major player like europe with relatively stable economy, it really unmasks the problem you have at the italian banks. I would hazard to guess that these countries have problems as well. When you have turmoil that causes insurgency, it makes problems allowed wearers. After the british to exit, i heard a lot of people talking about Something Else going on here and this is one of the trouble spots. Quickly, do we need to keep gas prices low in this country in terms of the precarious state of the economy . You cannot get Higher Oil Prices as a positive or negative. A positive sign the economy is doing well, but do we need to keep the consumer prop job . Well, relatively speaking, prices are historically low compared to inflation. We have wiggle room where prices could go higher and the u. S. Consumer can afford it. The bottom line is we are so much better at producing a never before. Im not concerned about gasoline prices even if crude oil prices go higher. How long would it take to get those rates back up and running if we do see oil prices come back. The third of these companies arent paying to see. If oil prices are rising and that stuff is nanda surveys, someone will find a way to get it out pretty quickly. I think they are. Even if we started a break today, it would take some time. The other problem is a lot of the bank said players in the industry will be reluctant to come back into the space. They have to be convinced that the price rise in oil is in a fluke. People will be a lot more skeptical to put money back into the field. Dagen thank you. Great to see you. Phil flynn joining us from chicago. President obama doing more than churn and Hillary Clinton. Hes giving her a ride on air force one. Details on who is paying for that trip. The jack caught jumping ahead a two night eyepopping number coming out. With new cabinets from this shop, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. They all have insurance crafted personally for them. Not just coverage, craftsmanship. Not just insured. Chubb insured. Overwhelming and complicated. 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Dagen welcome back Dagen Mcdowell it is tuesday, july 5 your top stories, almost 6 30 a. M. Eastern, back on the trail, donald trump and Hillary Clinton holding dulying events in North Carolina today as speculation over Vice President ial pick h

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