You are dealt a lasting defeat. Dagen the president bring unity to the republican party, garnering support from Lindsey Graham and john mccain. The rebound after genes across the board of 34 points after a 29point gain to start this week. England, france and germany, and on the market are faring. Gave up about half of 1 to seven tenths of 1 in england. Asia overnight market mostly higher as well. Ever so slightly with the nikkei in japan. Four suspects in the barcelona terror attacks in court today after police shot dead the driver of the van believed to be the last nonmember responsible for that attack. Johnson johnson facing another massive payout in its baby powder scandal. The company ordered to pay half a billion dollars. Move over apple pie. Mcdonalds launching a new dessert item and it will have everybody cheering. Democratic strategists jessica tarr laws, and kevin kelly in for the first time on a panel, chaired u. S. Army officer, new York Police Department lieutenant, darren orchard. Good morning. I know you didnt get that much sleep because you had to stay out. It was fine. I still got six hours. Dagen that is most fantastic. A byproduct of living close. Dagen i will say this from the getgo. Please do not tweet about anything why you have run a business show. Thank you so much. I wont matter at all. We are here to have a civil discussion, which is quite lacking in the dialogue in this country. Good to see you. Thank you. Yes, im being quite like the markets. Jackson hole happenings in hearing from janet yellen. Quite like the market for the next few minutes. Coming up this morning, fox news military analyst jacking about the speech last night. Republican alabama senator, Luther Strange is here. Jennifer resnick, president of the baseball glove maker and former ceo Brad Andersen among our fantastic guest coming out. Breaking news overnight. 42 people injured after a train crashes into an unoccupied station car in upper darby, pennsylvania. The highspeed train at the station around 12 15 a. M. Local time according to Southeastern Pennsylvania Transportation Authority officials. One passenger described the moment when the plane collided. Went back to the terminal. I stood up to get off. Its not, hit the other. Blood everywhere. The driver is all banged up and one girl bleeding out of her face pretty bad. Dagen Officials Say four victims in critical condition. The cause of the crash still under investigation, but Authorities SayService Disruptions are likely for this mornings commute. In the meantime, President Trump heads to arizona today hours after laying out a new strategy for winning the nations longest word. The president announcing during a primetime address last night that he will not be pulling u. S. Troops out of afghanistan. Though he confessed his original instinct was in fact to pull out. Watch this. My original instinct was to pull out and historically i like following my instincts. But all my life, i have heard that decisions are much different when you sit behind the desk in the oval office. In other words, when youre president of the United States. America will work with the Afghan Government as long as we see determination and progress putrid however, our support is not commitment or a blank check. We will make common cause to any nation that chooses to stand and fight alongside us against this global threat. Terrorists come to take heed. America will never let up until you are dealt a lasting defeat. Every generation we are face down evil and we have always prevailed. We prevailed because we know who we are and what we are fighting for. Dagen although the president said he would not discuss specific troop numbers coming is widely expected to embrace the pentagons plan to increase levels by 4000 in addition to the 8400 americans already serving there. Im going to start with you. If you had to grade the president s speech last night, what would you give it . It would give him a b or a. Dagen thats exactly what i thought it would be. He spoke in terms of the meritocracy as opposed to timestamps and withdraw. When we look at the last administration, i felt that president obama didnt effectively connect with the generals on the ground. They are often identified that she had politicians who made decisions and didnt incorporate the military strategy the way it should have. When i look at this particular conference from President Trump, i was very, very impressed. One thing i wanted to read right and the teleprompter beginning to end. He learned his lesson from what happened with the charlottesville speech. Dagen i want to point out that he did, and we will get this in a second, this is not what i said on the campaign trail. This is not what ive been talking about. Here is how i came to the decision. He opened the address of the message of unity and he reminded people i understand why is there a risk. I understand what is said daycare and i want to speak to gentlemen, alex gonzalez, also the parent of this young medic, devin at fort bragg who is being deployed to afghanistan for the first time this weekend. These are people i just met in the airport and talk to and they feel they are supported by the president. I think thats wonderful in for anybody when youre staring military personnel in the eye, its a lot different than when youre talking to yourself in a vacuum. He really felt the gravity of the moment. I gave him to be come on gave him to be come on the highest ranking ive given him for anything throughout the campaign and the presidency. The speech made a lot of sense. The continuation in a lot of ways that the Obama Policies and he admitted that. This was a feather. General mattis said mcmaster coming to him insane this is not going to work. This is not a way to win the war. We cant leave afghanistan in a vacuum. Train to the options for the use of mercenary forces, private forces over this, which is backed by dunford, the joint chiefs of staff, mattis and mcmaster. 100 . Clearly the appropriate thing to do. To the bush era top of the way that these wars are won without the specific numbers and without what president obama put on everything ive got in a lot of trouble. This will be done by this time and you dont meet the deadlines. The main issue here is what does winning actually look like . Very few clear markers of whats going to be good enough for us to get out of there. No one wants american troops over there forever. I think it was very telling. I went back and listen to the speech a second time. This is an increase in the military force but also he pointed out the political solution is the way out of this, bringing the taliban, perhaps possible to have a settlement with the taliban. We need the assistance of india and pakistan. Calling out and now they can thats consistent with what hes doing with nato ally saying hes got to get more involved. To pay a fair share and make sure we are on the same page. Dagen kevin, i want your reaction to this because a critical part of your speech in particular was about denouncing hatred and bigotry. Lets listen to the president. When we open our hearts to patriotism, there is no room for prejudice, no place for bigotry and no tolerance for hate. The young men and women we send to fight our wars abroad deserve to return to a country that is not at war with itself at home. We cannot remain a force for peace in the world if we are not at peace with each other. Dagen kevin, this goes a long way after the upset based on the comments that saturday, but also on that tuesday. I think its a conciliatory Statement Given the fact that this nation is feeling right now. I gave him a b. On the speech last night are several reasons. One is i think what i talk about with pakistan, we need them to step up, especially because we have lots of money. To us, and fight this. Its actually coming around and realizing he needs to unite the nation. Dagen why did you give him a b . He mentions we are not going to nation build. We are going to kill terrorists. The problem is we cant just do bombs and bullets. We also need to work with pakistan and buildings. I heard that. We will talk about the military solution, but really the ultimate endgame is a political one coming to the table. I want to tell people what republican senator john mccain, what he said in response to that speech saying the president was now moving well beyond the prior administrations failed strategy of merely postponing the seed and then also i listen to Lindsay Graham on the Fox News Channel last night. He said he was proud and relieved and proud of the president and he did not make a political decision last night. Again, the president has gotten some major support from members other than rand paul. The only thing i want to get back to his hes talking about the most important thing is he wants to devote enough time, energy and resources to the military. We talk about people being deployed over there. A lot of people the military theme a sin, we dont have enough resources. We are not given the tools doing. I wouldve loved to sing and talk more about that where he gives them what they need. Trade to who will you the final word. Tonight this was a watershed moment for donald trump and that he was able to code not just the republican party, but also in the nation in general. This is the first primetime speech and i truly believe he nailed it. He brought back a lot of comments a lot of comments in the past. Moving forward he has to show improvement on this pathway. He does have a lot of people in his base who are none too happy about us. I thought all over twitter. Prominent people, what if we have an election for . Versus globalism, steve bannon war. Dagen outside the white house we will hear more from bannon. Stay on message Going Forward to a more primetime addresses and stick to this viewpoint you said so far about afghanistan. So much more coming up. Well bring you live coverage of the president s rally in phoenix arizona tonight starting at 10 00 p. M. Eastern time. Right here, major developments in the aftermath of the barcelona terror attacks. Johnson johnson ordered to pay up. Thats all for the latest verdict in the baby powder scandal. Dagen last week, terror attack in spain. Cheryl casone has the details. Good morning, dagen. Members of an islamist cell that killed 13 people in barcelona last week. The only one still alive. Yesterday, police shot dead a 22yearold man they said was the driver of the van that plowed into pedestrians among the blvd. In barcelona. Back of the church ordering Johnson Johnson to pay 17 million after a california woman claimed Johnson Johnsons baby power caused Ovarian Cancer. The company says it will appeal the jury decision claiming science supports the safety of its baby powder. Look at the stocks. Johnson johnson of 16 so far this year. Another round of Quarterly Earnings today. Medtronic and retailer dfw did reporting before the opening bell this morning. Those results listen as they are released of course. Better than expected earnings per share. The stock up 23 so far this year. Some stocks to watch for you this morning. Dagen thank you so much, cheryl. Walmart stepping up its Delivery Service. We will tell you where the companys partnership with uber is expanding. Everyone had eclipse fever, even at the white house. The best moments of the Great American eclipse. What powers the digital world. Communication. Thats why a cutting Edge University counts on centurylink to keep their global campus connected. And why a Pro Football Team chose us to deliver fiberenabled broadband to more than 65,000 fans. And why a leading car brand counts on us to keep their Dealer Network streamlined and nimble. Businesses count on communication, and communication counts on centurylink. You for four years. You named it brad. You loved brad. And then you totaled him. You two had been through everything together. Two boyfriends, three jobs. Youre like nothing can replace brad. Then Liberty Mutual calls. And you break into your happy dance. 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I said that the selloff last week was in large part because it looked like the more it looks like the agenda of avarice, the harder the markets take care. All the debate about how President Trump is less important to investors. Weve seen the selloff a couple times. Most recently when he fired jim comey and the leaks came out to the New York Times. What a lot of people are missing is the only way to get congress to act as threatened them with job security. You have 10 senators in terms dates. 20 republican congressmen in districts that hillary kerry. These people have to act or they have to find a new job. At think youll start seeing this come together. I wonder if the afghanistan strategy is an olive branch to the establishment if you will. So far it seems like the swamp is President Trump. Dagen we had the selloff in recent weeks, but how much our investors watching what is going on in washington on capitol hill when they come back from break . Very often you see these market swings on one piece of misinformation. Not a lot of people at work on wall street and not a lot of other news out there. How much is the market going to trade off, not just september, but even leading up to the end of the year. Very, very important. Nathan behind not even 73 of companies in 69 on the bottom line. You have improving fundamentals across the economy. Atlanta economy. Atlanta fed is saying 30 gdp growth in the Third Quarter could come in some. Beneath the surface, beneath the headlines you have a really good economic situation. When you look out with three assets of caspian zero, bonds which i think are extremely overvalued stocks. Dagen i know the 10 year yield closed yesterday at 2. 1 a percent or Something Like that which is incredibly low. A couple of things is the big market mover and i think you some multiples on the market traded. 18 times earnings to 21 times earnings. The fed coming out later this week with janet yellen talking in jackson hole. As long as the fed are accommodated here they dont make any sudden or rash moves, we dont think there will be another rate hike later in the year. Their Bond Buying Program will whittle down to even less than anticipated. Do you think that the next catalyst for the market . Right now people think its overvalued. Dagen is that the next catalyst for the market . I take the complete other side of that. I think we have seen Interest Rates down, governments and the banks restricting lending. If you look at the velocity, it is guided to a screeching halt. That is changing. As they slow down, if we do have a temper tantrum event, that would be it a buying opportunity. Thats an event that will happen at some point in the next couple months, maybe six months. I would say the fed moving towards normalization is a positive because it thinks can actually make a lot more money influencer more profitable, a lot more likely to take more risk and put stuff out there. We are so far away from where we were in 2007, 2008. I actually think the fed reducing the balance sheet, Interest Rates normalizing is a Huge Positive because savers will make more money in their accounts, more likely to spend more money. The next two or three will be stimulated for the economy. Dagen by the way come the kiwi is quantitative easing which is bond buying. The famous bond investor or steak income investor. Theres been some calls so i think if you look at where Interest Rates are in the future outlook of bonds, Interest Rates will go up in bonsall selloff at some point. Cash pays nothing in cash at 17 times earnings of 10 plus earnings growth, really not supervalu especially taking into account these are the cleanest valance sheets weve ever seen in the s p 500. I think we can go much, much higher in the s p 500. Ive been preaching about the risk in the treasury since 09. Michael lee, great to see you. Come back soon. Victory in afghanistan. We will have a clear definition that is the president s message. What does that actually look like . A closer look at President Trump strategy on the war in afghanistan. Blue apron, stopped to watch on why investors may have lost their appetite. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack o