Transcripts For FBC Mornings With Maria Bartiromo 20160712 :

FBC Mornings With Maria Bartiromo July 12, 2016

Impressive accomplishment. To me it is. Sandra clinton facing new scrutiny of her private email server. House republicans want a new investigation looking into whether clinton perjured herself when testifying on capitol hill. The head of the head of attorney general bavetta lynch appearance today. Britains rally in New Hampshire with Bernie Sanders. Jordan spieth, the latest athletes applauded the lead next. The top four golfers in the world are not playing in the game. Expect to pay more for your morning cup of joe. Starbucks raising prices on some of its drinks starting today. The company Just Announced it will pay its workers more. Tesla under investigation by the fcc is looking into whether the automaker violated security laws. The s p 500 coming off of a record close yesterday. Futures pointing to further gains on this tuesday morning. Dow futures up 74. 8 s p up nine, nasdaq futures of 24. This coming on the heels of alcoas report yesterday said stocks up in the free market. The ftse abundant slightly lower while the dax higher. Overnight in a shed, markets strong gains across the board. Nikkei up 2 . The shanghai up almost 2 . A lot going on this morning at Fox Business Network Dagen Mcdowell as he appeared groseclose capital ceo mike murphy and democratic strategist harlan hill. Dagen we are looking very springy, u. N. Need. This is a discussion we had. Sandra watt gave the green room. I love that dress. You all at beautiful. Dagen says the devoted husband, father of 18 children. Sandra will talk about that in the next blog youre good to see you all this morning. Former n. Y. P. D. Commissioner howard safer would be here. Ken paxton, house judiciary chairman, congressman Bob Goodlatte and former president ial candidate and texas congressman ron paul will be here. Presumptive republican president ial nominee donald trump and possible vp pick new jersey governor campaigned yesterday. Both taking shots at Hillary Clintons email investigation debacle. Take a listen to this. Cricket Hillary Clinton and sadly sadly crooked Hillary Clinton is the secretary of the status quo. Wherever Hillary Clinton goes, corruption and scandal follow. Just look at her life. And fbi director who said that the repeated assurances that mrs. Clinton has given us over the course of the last year regarding her email scandal in fact in every material they were false. That is not a person who will stand for the rule of law. That is a person who will stand for the rule of her. Sandra who better to react to this band good news legal analyst. Can you react to trump calling Hillary Clinton and secretary of the status quo because harlan was chuckling. Its unbelievable because everything she has done, we know she had done this at the email. She deleted her to 4000 emails could somehow she has not held criminally responsible. It irks everyone. Sandra speaking of that, we know we will hear from the rather lynch today. We know shes going to be grilled on the meeting with Hillary Clintons husband, former president bill clinton. Where do you think i will go . Are always hanging out at the tarmac in oakland and says hey, let me show you pictures of a grand kids. I think shes going to be grilled. It looks very suspicious. Is this going to go anywhere . Is anything going to change . Released to the American People, it seems they were to set the boss in this country. People like Hillary Clinton and bill clinton and whoever else and people like us. That is a dangerous precedent to set. The appearance of impropriety really damns bavetta lynch. She is going to rely on what condi said. She can look back and say the fbi said no. She starred a set of publicly. Im going to follow what. Sandra she made that statement after the meeting to excuse herself. Assumes that you would be so easy to get her for lying. Even comey said a lot of the thing she said were true. They went after everyone to find about steroids. Getting Hillary Clinton online if they want to come if they follow the law, it should be easy. Lying to the sad is a crime in another cell. I said for weeks and months before she sat down to interview the fbi, they could really nail her, assuming she goes in and repeat the lies we know she told to the American People. They dont want to nail her. If they wanted to they wanted to take a g of evidence. That could be 34,000 counts. None of that is taught about. I want to raise an issue. This is something that Fox News Channel has brought out. In the past in targeting the clintons that republican lawmakers who by the way have asked for an official probe of whether Hillary Clinton perched herself, they overplay their hand. They push it so far as she winds up looking like the victim. She will play that extremely well. That is why some have sympathy toward her because of what she had to put up with bill clinton and monica lewinsky. Politically that is something she is going to raise the gender card. Sandra going to . With this particular issue. Lets talk about what is likely to happen today and that issues expected to get to Bernie Sanders endorsement. How big do you think that will be . Is dubious at this point. When we look at the polling, 40 to 50 of supporters will stay home, Vote Third Party or boat tram. Even if a fraction of that holds true, its a real problem. Most Bernie Sanders supporters will come out and support clinton. I birdied registered in the polls. I dont think this moves the needle. Darrell may 18 to 21. They dont vote anyway. Thats true. Donald trump has tried to quell Bernie Sanders supporters. Does this close the door . I certainly dont think it closes the door. There is a set group in the canopy can appeal to. Having bernie and doors war monger like Hillary Clinton is it going to make them change their mind. Weve spent decades talking about how Hillary Clinton is a horrible representative of the Democratic Party. Sandra a judge says Taylor Clinton must explain why she doesnt have to testify in a federal case about that double dipping job arranged it, the expected outcome of this. To beauty as federal judges have lifetime appointments. They have no could issue is. They are lifetime appointments. When a federal judge says you are going to testify, guess what, youre going to testify. Otherwise you will or going to be held in contempt of court. Woody make of the political environment . I havent caught up with you recently. So much uncertainty as it pertains to business in the market. The head of a Regional Bank yesterday said the uncertainty of the political atmosphere is dangerous for business. It is. I would love to save donald trump comes in that clears everything and makes things more clear for business, but it doesnt. Trump is ultimately better for business, but right now Business Leaders have it figured out exactly what his plans are going to be. One thing the market doesnt like his uncertainty. If we get some clarity, that clears the way to the market. Dagen you mentioned starbucks. We will talk about that next. Jpmorgan. Jpmorgan raised in wages as well. Jamie timon up with an oped in the New York Times about why she is doing that. At least there are some companies willing to commit and look down the road to the longterm in terms of raising wages and spending money. Sandra tricities comic thank you for joining us so early this morning. I know you i know youre up late last night. A lot going on in your world. General mills recall is a bit Eddie Crocker pancake mixes. What you should know about the risks ahead. As you get ready to shell out more tax, getting ready to give the race as a raise. More on that and those changes, not. Coming up. Sandra tragedy after it and tragedy after an inmate gets his hands on an officers gun inside the Michigan Court house. Cheryl casone have a story on this developing midafternoon. Transfer some troubling things happening around the country. 45 girls Larry Darnell gordon allegedly designed an officer that he shot and killed two corp. A list. Was then killed at the Sheriffs Office said gordon was facing multiple felony charges but did not specify what they were. Hoping to get more details on this. Another major e. Coli to tell you about the General Mills is calling two types of Eddie Crocker cake mix due to possibly tainted flower. According to the fda, the flavors include Betty Crocker super moist rainbow chip and sit at my carrot cake mix. The manufactured all of these between april and june of 2016. Since the initial flower recall, 42 people from 21 states have been sickened. 11 have had hospitalized. No doubt so thankfully. Starbucks offers staff raise wages for workers as they raised prices. Howard schultz announced yesterdays employees will get a raise of at least 5 as of october 3rd. Employees currently earn an average of 9. 43 an hour. There was a double stock rewards for employees who have been there for more than two years and this comes as starbucks hikes prices as much as 30 cents. Speaking of products, introducing a new drink of summer for a limited time. An ice coffee drink. You will see it in front of you. Its got a. The iced coconut milk are bakhtiar to local maki auto. I drink food and caloric beverages did lets give it a shot. Dagen taste it before i do because you definitely dont want to use the straw. Cheryl they are using nondairy alternatives. That is like drinking coconut milk and chocolate. Trade furthers caramel in it, too. How many calories . About 300, 350 . Cheryl over 300 feet deep. Dagen for this crime day . Coconut milk has calories as well. It does hydrate you. Dagen this is very, very sweet and i have a sweet tooth. I will eat just cake frosting. Sandra to my starbucks idea website, which is a real thing, if you have ideas you can go to it. Racks at 84,000 votes for this particular combination. Transfer we tried to paint drink one more name which was off some. Dagen wasnt super sweet either. Not that we are all biased, we will have a great show. Sandra speaking of which, because right now it is shaping up to be another positive opening on wall street after closing record has yesterday. Dow futures climb up 76 points. S p up nine. Nasdaq up 24. Earnings season is underway. What do we need to know the top to mike murphy. Gitmo continues to wind down. Links to al qaeda are being transferred to serbia today amid concerns of whether we can the event keep track of where they are when we leave. 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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Theres no place else for people to put their money. A lot of people around are investing. You look at a lot of major funds that are underperforming the overall market. They need to play catchup. Not not to mention hedge funds. People need to allocate money to the market. So i do fear this is a Federal Reserve lowered Interest Rate rally. If that changes, things quickly change in the u. S. Stock market. Not just a better reserve, the Central Banks around the world. Buying Corporate Bonds in europe and Interest Rates go negative. If you want to own a German Government todd, you have to pay the German Government to lend them money, which just turns the world of investing upside down. The fact that the 10 year treasury yield hit a record low on friday, it is the reason money is going into stocks, but it still makes me very nervous that there is a bubble. Individual investors are dead wrong and missed this rally where they are dead right, but theyve been getting out of u. S. Stocks did 67 billion out so far. Essentially money has been made to send the crash and no way. True to what would you say is your biggest concern in the u. S. Stock market right now . Biggest concern is the sad will eventually stop. This has been a bubble were created by the global essential banks. Whenever we talk about rates rising through the market going through a minor correction. Weve never had a sustained rally. Hope fully when that stops, the fed is able to use out so people can realize rates are going higher. Lets tucker and an expert patients. Alcoa guidance, better than expected led to the valley. Retired to a lot of people yesterday about the market is said the big earnings come in the rest of the week will be key. Assert they are. Like was the last quarter and a quarter before that, expectations have come down so much, did things come in line. You will see a rally in the bags. Corrections across the board and all of them. I expect jpmorgan to put up a Strong Quarter and money flow back into the banks. Sandra how do you expect the plunge and yield both that guys like jpmorgan and citigroup . At not a plunge. Yields have been dropping for a long time. Weve been in a low Interest Rate environment in the Banking Sector is the only ambiguous market data for the year. People who dont want to chase the market, dont want to buy amazon, google or facebook at an alltime high look for the banks for a place to allocate money. Dagen amazon hitting one record high after another. Consumer stocks to be the best performing in terms of earnings for the Current Quarter with an Earnings Growth of 9. 4 following a quarter after quarter success. Again, you get to valuations and people have reported that success. Sandra i know you were here the morning we were talking about the u. K. Had fit her in the e. U. That was armageddon. Weve be gained back all of those losses. Is that no longer a concern . My thinking on the political unease and uncertainty as weve gotten past this initial phase, but we havent seen how they are going to exit the European Union if we see other access and what that does to the european experiment. Are we going to see more tv . What can we expect to sordid ease . I think we need to. We cant step away right now or the markets might falter. The cutie needs to remain there. The ftse at an alltime high. Brexit as a great example of how the political world impacts the markets. There is a brexit coming. A lot of the program trading, Algorithmic Trading and then we rally right back. Dagen look at what the pound is doing. Even if you get a little bit of clarity with teresa made the next Prime Minister wednesday night. The pound was below close to 1. 29. It bounced back massively on the news that she was going to be the Prime Minister and also an incredible rally in very burger centric stocks that most of their business comes from britain. A little bit of clarity. Headlines usually create opportunity. Sandra dallas lighting up in a sea of blue as president upon the heads to the city today. Some say he is contributing to the state of affairs in this country. Tesla tried to shift the focus awa

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