Transcripts For FBC Varney Company 20160801 : vimarsana.com

FBC Varney Company August 1, 2016

That the two of those have scheduled two president ial and they should be moved. Theyre up against primetime nfl games including the giants in the panthers in october. We will get into that. Hillary clinton tells Chris Wallace who she heard the fbi director say her statements about your emails were truthful. She got for pinocchios without one. Judge napolitano is back in to weigh in on that issue. As for your money, check this out. Goldman sachs state get out of stocks. So everything. You seem to be going up at the market opens. Big day for politics. Varney company starts right now. Ashley would begin with dramatic video. Creating a human chain as you can see. A disabled woman trapped in a car that was being swept away by those raging floodwaters. Once let that you are gone. More on this historic and deadly flooding coming up remarkable. The first real money. Looking like a slightly higher open for some stocks. They are putting too much faith in the recent runup. More about when the market opens in 20 minutes. Dont forget about oil still sitting right around 41. Close to territory oil. We will keep an eye on that. And of course the ratio in effect. Gas stove going down now 2. 13. That is the national average. We will keep a close eye on big american tech as well. Amazon not too far from its alltime high. Same story with facebook who had blowout earnings. There she is right now. Looks like theyre also about flat. We will keep an eye on big type. Now to politics. Donald trump verified his remarks about the family. The statement came after a broadcast in which trumpet. To criticize the late captain father codenamed cap didnt come as a hero to our country we should honor all who have made the ultimate sacrifice to keep our country safe. Well i feel deeply for the loss of his son, mr. Kahn who has never met me has no right to sit in front of millions of people and claim ive never read the constitution, which is false and save many other inaccurate readings. Tammy bruce is here to weigh in. My first reaction is what the heck is wading into this . Almost like they put the bait out there and he took it hook, line and sinker. Been a mistake he made is given an interview to George Stephanopoulos who is a staff person at kittens at the white house and the Clinton Foundation owner. No matter who the nominee, this would have been. He was asked about that. He wasnt speaking to mr. Khan. He was speaking to George Stephanopoulos. It was not an attack on that van. Technically we all agree that everyone who has died is a hero, but theres an expectation mr. Trump has to demonstrate that to some kind of gigantic way, but also when you are the king of rhetoric in a statement of politics. Mr. Khan, his son died, but a number of years ago he was at the convention speaking about politics. He politics. He and his wife entered the arena. Many gold star parents do that and that is that their is that the children of software, for us to have conversations. At the same time pat smith speaking at the Republican Convention about her son in Hillary Clintons responsibility. In this case it was about an issue separate from the nature of the war. A political issue about immigration and secondarily the other irony, which many of us have touched on. Hillary clinton arguing for that war makes her actually personally partly responsible. Yet the media when you say theres a buyers are, if theres a firestorm in the media, not amongst the American People, that this is the. Use dynamic mr. Trump is to step up and he has been to push back. Blessings to everyone in the arena. He deserves to stand up for himself. Ashley we will talk more about this issue. Stay there. To have minds. Goldman sachs has headed away from stocks. Billionaire fund manager says so everything. Comment art laffer, reagan economist in beautiful nashville. Good morning to you. Ashley that sounds a bit scary. Highlevel people saying get out of the market. The stocks are too expensive and they are due for a fall. I dont think they have any evidence to suggest they are right. They are talking to get attention. Its a political year. If trump wins the election, you will see them rise dramatically. Im quite optimistic about the market. Ashley you still believe trump will win big test of the economy . James carvilles great phrase the economy. A horrible report and then they were advised on the quarter flashier. How much worse can it get. There it is. Right in front of us. Hillary clintons stapling myself that appears how can she defend the economy. She cant. I hope donald trump makes it clear he has a maximum 25 tax and i hope this is the best form of welfare is a highpaying job and it has nothing to do with your race, gender, preference, age, height, weight. But it has to do with a jobs and growth and thats it. It can be a democrat who delivers or republican in this case to trump delivers it in usc a great market following its election. Ashley thank you very much. We have some news on uber, the right hand at selling its business. Liz was losing billions in china. We dont know the actual details of the deal or the purchase price. Huber is getting a billion dollars out of 17, in that company. Also investing as well. 2 so they get some intelligence on chinese driving habits, not being capabilities. Wall street is reacting positively to them appear. Ashley very good. Were also following a developing story. Five People Killed after Russian Helicopters shot down. The helicopter was brought down after make a delivery to a lifeboat. Liz this is in the elite province of aleppo. 300,000 people up to 300 k. Remained trapped to russia and syria trying to provide safe corridors. The helicopter delivering humanitarian aid, food and medical supplies. Five dead now. They were shot dead in basically this is the third helicopter. The third one shot down in the last month. Ashley thank you. Did you see this over the weekend . Amazing video. American skydiver plummeting. Didnt have a parachute. This is a bird the desert in simi valley. He landed in a giant matt. He came in at 120 Miles Per Hour. Thats a bit nuts. Liz and is walking away. Hillary clinton telling fox news Chris Wallace said the fbi director say her statements about the emails were truthful. Judge Andrew Napolitano will be back and he is next. Secretary clinton said there is nothing classified under immense either sent or received. Is that true . Thats not true. Work related emails were returned to the state department. Was that true . Now, we found thousands that were not returned. You will be getting in fact the entire world will be getting all of my emails. We found thousands of work related emails not returned. I provided the department which has been providing you with all of my work related emails, all that i have approximately 55,000 pages. They are being publicly released. There is no doubt the work related emails that were in the electronically from the email system. The fbi has the server used during the tenure of my state Department Arabist is the next use multiple devices during the four years of her term as secretary of state. There is nothing marked classified on my emails either sent or received. There is classified email material. Ashley dont you just love that for Hillary Clinton says one thing and the fbi director immediately refuted. That was fbi director james called me under oath, refusing each of Hillary Clintons statements on her email. She was also under oath by the way. Yours allegedly told Chris Wallace on fox news sunday. Roll that tape. My answers were truthful and when i say this can establish what ive told the American People, that there were decisions discussed the made to classify retroactively certain emails. In retrospect, different agencies come in, but thats not what is happening in real time. Ashley all rights, judge Andrew Napolitano is here. Good morning to you. You were laughing a little bit during the soundbite because it shows the stupidity of it all. The difference between what she said she didnt let the fbi found she did could not them or start. Lets start with the lowest level. Director comey said i told the truth. There is no evidence that she lied to the fbi and in the threehour unrecorded secret interview in early july. But it is obvious she did not tell the truth to the benghazi committee. The left side of the screen when mrs. Clinton was testifying, she was under oath. So she committed perjury care. She also committed the crime of misleading congress, assuming director comey is correct. She also destroyed evidence, which is obstructing justice said she destroyed many emails by wiping the server claim. Who probably has them at the nsa. They joke about the nsa having everything. Over the weekend, a former high rate in official says it is clear that the nsa has all of mrs. Clintons emails and the fbi never came calling. The interview with Chris Wallace is Hillary Clinton essentially blamed everyone else on the email chain. She said i truly believe that if this was classified, of this 300 come at least some of those that realize its not appropriate. The fact is that theyve made her believe. Ashley theres two answers to that. She received it to our fbi tutorial at the end of what she signed an oath. In the oath she promised she understood her obligation to recognize secret in topsecret materials whether marked secret or top secret or not. Trade to clearly she could do that. Correct. Gets into the weeds of the 25 top secrets, five crore mark sap, select access or pledge, in order to send, receive our opening, one must let a special code which is good tenuously changing ever two or three minutes. It is impossible to send, receive our access some thing without doing so knowingly or intentionally. Of course she knew. When she opened up some paint on her mobile device, connect to the server, she committed espionage by failing to keep secure the nations secrets. Ashley so call me in diets. In diets are you the public opinion. But chooses not to present evidence to a grand jury. Why does he get to make the final decision . Because of the stabbed by bill clinton, which is the political appointees in the Justice Department out of the picture. Ashley youll be back later on in the show. I think so. The story will have legs right up to election day. Ashley tesla agreed to a 2. 6 deal. Here are the shares at tesla kind of flat, up a little bit. Here are the shares of solar city just down of the debate. This is premarket trading. There have been some criticism of the deal. Liz is a really great deal of ours is on mask tossing a lifeline because he owns more than a fifth of solar city, more than a quarter of tesla. They lost two thirds of the market value in two years time. Looking into the second half trending down, they last more than a billion dollars over the last two years. Basically the deal strike rate there come a 2. 000000 as its market value. Buy enough for what the market is saying it is worth to the conflict to deal because elon musk rose solar city. Ashley we will keep an eye on the stocks they had lets move on. Now this. Jimmy walker wins the pga championship down to two people at walker versus defending champ jason bay. He had to make a five on the 18th hole. He did it. He went first major. Back now to historic leading in maryland that has left two people dead. More of a dramatic video for you coming up next. And mark cuban endorsing Hillary Clinton for president. We will deal with next. [announcer] is it a force of nature . Or a sales event . The summer of audi sales event is here. Get up to a 5,000 bonus on select audi models. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pickup truck and now you need a tow truck. Does your policy cover the cost of a tow truck . Who knows . You didnt read it. You cant even find it. The Liberty Mutual app with coverage compass™ makes it easy to know what youre covered for and what youre not. Call Liberty Mutual for a free quote today at coverage compass™ gives you the policy information you need at a glance. Available 24 7 on your mobile device. Switch to Liberty Mutual and you could save up to 509. Call thats liberty stands with you™. Liberty mutual insurance. Ashley in areas that the maryland were historic flooding last night you can see the raging waters left two people dead. Dramatic video. Tranter really ferocious flooding of violent that have been suddenly leaving two people dead, 100 rescued. Numerous properties damaged. We showed earlier the dramatic footage of the one man who was rescued out of her car in a flash flood a human chain of four people. Look at that. Ashley once but then you are gone. Look at the power of the flooding happening. Historic maryland flooding the worst ive seen in decades. Ashley six inches of rain in two hours. Two billionaires supporting Hillary Clinton. First Warren Buffett will introduce her in omaha today. Over the weekend, marsh gibbon says he would do Hillary Clinton for president. This is what he had to say when he appeared on this program in june. Who wins this thing . A fascinating process. Right now with the way things are, its a landslide for hillary. No question about it here because Bernie Sanders supporters will come on. They are not going to vote for donald trump. Ashley tammy bruce, as does this help Hillary Clinton . I was there when he decided. Thats when i knew he and already decided. He is wrong then. His rationale for the endorsement. Youre looking at two powerful personalities of mr. Cuban and mr. Trump and mr. Cuban is genuine. You will see that competition weve seen for a very long time. Mr. Trump is on the top of the mountain. Mr. Cuban will be proven incorrect. Hes also making interesting statements on this something you cant play on television. I dont think thats necessarily hope over her at all. Ashley tammy, thank you at moments away from the opening bell. Stocks opened slightly higher with negative headlines. Oil nearing bear territory close to dropping below 41 bucks a barrel. We will be back after this. We are just amendments moments away from the opening bell. Joining us, liz macdonald. Keith fitzgerald and art laffer and tammy bruce is here still hanging. There she is. In about 20 seconds, keeping an eye on oil. A sense that opec is picking up production especially out of nigeria and iraq, by the way, so the problem is oversupply. Its been a problem for a long time and thats pushing oil down and it could kick it and bring the market down with it. Were clapping our hands and underway a new month, a new week, and off we go. And were up a whopping 5 points with the dow at 18,437. You know what . We thought wed be up earlier and the future showing perhaps 60 points, but weve lost some steam. Were essentially flat as investors couldnt get over the fact that its monday morning. Thats right. Ashley take a look at the s p 500 for you and also just marginally moving lower. Take a look at the nasdaq as well. The nasdaq is just turning, its up five points and essentially flat. A long way to goet. Take a look at gold. One firm saying that a donald Trump Presidency could send gold much higher. Not this morning though, but they say if hes in the white house, gold could go up and thats moving lower, down 1 4 of a percent this morning. I talked about oil, theres the pressure on oil, 40. 81. Will it break 40 and get down into the 30s . Were following it carefully. Take a look at the 10year treasury yield and hanging in there right at 1 1 2 . I want to go around the block. Where do we go next . Goldman sachs putting out a note get out of equities, the next three months, the market is way too high, its extended the earnings are poor. Let me begin with keith in seattle, if i can. What do you say to that, keith . Well, youve got to remember who is talking here . They have a long history of saying one thing and trading against their clients or against information theyve issued publicly, so, theyve been making this argument for several years and every time theyve been wrong, they eventually come back to the table and not saying theyre wrong this time, but youve got to take that with a grain of salt, all are in or all are out. Scott, these stocks are flat and fat and cant go any further. What do you say . Well, i think that if you could get in to see those numbers that weve got there on friday, 1. 2 gdp, thats not good and i think that, the investors are going to continue to buy stocks for all the wrong reasons, but as an old trader once told me, you want to make money or want to be right . Bingo, i want to be, i might agree theyve been overinflated, but its going to continue this way as long as the u. S. Economy and the numbers that we get disappoint. Let me bring in art laffer, its good to have him here for this segment. Why are we so high, the economy in this market, if the economy is so weak . Because the stock market is not telling you what the economy is doing. Its telling you what the economy is going to do. Stocks are forward looking, not current looking for backward looking, so what you want to really look at, what do you believe will happen in the u. S. Economy . Its very political dependent. To be honest with you, keith is right. Youve got to distrust all of these people saying its way up, way down and whats going on. Just look at whats going to happen and whether you want to be in that market and play the game of politics. Good point. The central tankers have been the First Responders since 2009. Its a spooky warning, and over 100 billion in assets, hes saying sell everything. He was right on china, right on oil, right on Interest Rates. Hes the guy to listen to. Sell and sit on cash under the mattress . You cherry pick out of your portfolio the stinkers. There he is. Hes saying sell everything, thats a different kind of call. All right. And lets check tech. We do this every day. Amazon, facebook, apple, google, there they are, a bit of a mixed picture as we have a pit of a flat opening and big gains th

© 2025 Vimarsana