With Vladimir Putin. And Steve Scalise is readmitted to icu over concerns over an infection. And well continue to bring you updates there. Virginias governor, mccauliffe admits that the democrats dont have a leader, and cant name who will take them into the next election. Varney company starts right now. Finally on both sides of the atlantic, our citizens are confronted by yet another danger, one firmly within our control. This danger is invisible to some, but for millions at the polls, the steady creep of government bureaucracy that drains the vitality and wealth of the people. The west became great not because of paper work and regulations, but because people were allowed to chase their dreams and pursue their destiny. Americas polls and nations in europe enjoy individual freedom and sovereignty. Charles joining us is lisa booth. This is the president s second overseas trip, bringing the message of draining the swamp overseas with him. Whats your reaction . I think its important for him to bring that out. This trip is sort of setting the frame work, its us or them. Its the western ideals that we all share, or its isis. And their viewpoint, or its north korea or its iran, countries and, you know, terrorist organizations in regards to isis that dont share our western ideals and then its also, lets make sure that we dont lose those things that fundamentally make us americans here in our own country. Lets, you know, sovereignty is important, as he mentioned, individual freedom is important. Dont let the heavy hand of the bureaucratic government squash our ability to succeed and get ahead and build society. I think that message is important both in terms of struggles abroad and also ways to ensure that, you know, we all, you know, share the things that are important here m america. He hit on that over and over again. Particularly on the cultural side and embracing it, preserving it, pressuring it. Thats a pushback against the sort of pc mentality thats been draining or swamping the entire western world, but the specific idea of western ideas, the g20 meeting, what are they today . Is it Big Government as seen by germany or macron or is it the Smaller Government that Ronald Reagan and of course, his Counter Point in england, Margaret Thatcher, helped to revitalize the west once before many think is needed right now . Yeah, and look, i dont know necessarily know if every country is going to share the same idea of what freedom means within their own borders and i think thats why its important for the president to also highlight the fact that, you know, look, were all facing some pretty big and common threats, so, lets unite against them. cause at the least, we do share, you know, the same ideas, similar ideas about freedom, but you know, i do think its important, this is something that President Trump ran on during the general election as well. Talking about american exceptionalism, make America Great again, reagans slogan. Thats what americans wanted, they want today make America Great again. I think a lot of people felt that, you know, were headed in the wrong direction under president obama and that were sort of apologizing for americas strength and for the things that make this country great and they wanted to go back to the notion that we are exceptional and we should be exceptional in the eyes of the rest of the world. Charles before i let you go. What do you make of that rousing reception and had the crowd in the palm of his hand. It felt like a stump speech, it felt like a red state here. He doesnt always get that reception in some parts of america, its fascinating. Its similar to what we saw in the general election, however the speech ends up getting reported or however this trip ends up getting reported he takes his message directly to the people and the people react positively, but the elites or the people in power, whether its the media or whether its other World Leaders, you know, may say whatever about it, but you know, he takes his message directly to the people so i think we saw that a lot during the election as well. Charles all right, lisa, thank you very much. Appreciate it this morning. Thanks, charles. The dow futures under pressure and then of course additional pressure from some tough talk from President Trump to north korea and the markets were dampered. And a report on thursday, at 11 00, many hoping that maybe we have dramatic drawdowns with respect to crude and gasoline stock inventories. The price of gas, 2. 24, your national average, five states now with gas under 2 a gallon. Arkansas and missouri right on the edge as well. And now lets check on amazon premarket. Guess what . Getting into the wine business. Emack should i be excited. Liz well, yeah. Ash is saying, these are whole foods prices, anywhere from 20 a bottle to 40. I understand what ashley is saying. These are whole foods prices. Theres a talk that amazon may have its brand name wine and theyre doing free prime delivery in certain spots and in ohio 8 for the delivery. And it could boost its profit margins. Branding your own label. Fatter profits than other peoples products. Jack hough, we havent introduced you, but you look like you want to jump in. Are you saying im an alcoholic . [laughter] its all about the review, once you get the reviews, its a network affect. Liz wait for 7eleven to come up with its talking speaker. Hey, 7eleven, i want mine now. Private label wine and luxury watches. All im saying. Lets take a quick look at the future. Its a little sloppy, theres going to be some pressure in the morning and were bringing jack and talking about the market watcher saying that the dow transposed sending a signal, and theyve broke out after a long base. Those who believe in the dow theory believe that the transportation must do really well. I believe in earnings broadly. They were pretty good last quarter and picked up a bit. Valuations look full here, that doesnt mean they cant push higher. They push higher in the later stages of a bull market. They have room to run before they reach the down turn. And what do you think the rally is looking for right now. The market is grappling for right now. Could it be tomorrow with the jobs report . I dont think there will be big surprises there. We had a 2 growth economy and weve had a rush of sentiment. The soft numbers, the sentiment, the survey, boom, what are we left with when the dust settles . Its a 2 economy. You can stretch out expansion, i dont think we should be looking for a huge gain here right at the end, but i think the market can continue to kind of muddle higher. Muddle higher. Thats the quote of the day so far. Its early, its early. In the meantime, bad news, congressman Steve Scalise has actually now been readmitted to intensive care. Ashley his condition has been downgraded from fair to serious and hes now back in the intensive care unit. He was shot on june 14th, a bullet hit him in the hip and it went through several blood vessels and broke bones and damaged internal organs, and hes undergone surgery. Doctors said after the time he was in initial recovery, they did expect infections, typical of these injuries. There are a series of ups and downs and back in icu. Our prayers with him and his family at this moment. We are about to show you video of a fire in breckenridge, colorado, its expected to flare up this afternoon. The entire town is on alert for a potential evacuation. Well keep you updated on that. And also President Trump on the way to the g20 meeting in germany. Hes expected to land in 40 minutes and tomorrow, well, President Trump will meet Vladimir Putin. More varney after this. Introducing the new sleep number 360™ smart bed. The only bed smart enough to change sleep as we know it. It senses your every move and automatically adjusts on both sides to keep you comfortable. And snoring. Does your bed do that . Right now save on sleep number 360™ smart beds. Plus, its the lowest prices of the season with savings of 500 on our most popular p5 bed. Ends sunday. More violence in venezuela. Liz and they basically were invading the National Assembly with wooden sticks and pipes and beating legislative workers including journalist, five to seven were injured. One injured so badly he was taken out on a stretcher, suffering from convulsions. So this comes on the day of venezuelas 206th anniversary of independence, this was a sevenhour siege, so police had to open a corridor to let those trapped inside out. This comes ahead of the july 16th referendum on maduros push to draft a new confusion. Its a symbolic vote and hell probably do it anyway. This is socialism in severe collapse. When you see legislators when we reported last week they had done this and stormed the Venezuelan Parliament and detained senators. Ashley these are opposition leaders. Liz no, these are pro maduro, pro socialists, exactly right attack being opponents. Charles theyre giving real arms as well. Liz thats a great point because in the last two years or so, the venezuelan government has taken bullets from the people and arming hundreds of pro maduro forces throughout the country and about seven dozen thought to be dead, thousands more injured and jailed. Charles socialism doesnt end when you run out of other peoples money, it ends like that. Thanks, emack. President trump speaking at a News Conference in poland, addressing the role of north korea. Not only must we secure from the threat of terrorism, but the threat from north korea, thats what it is, its a threat. And we will confront it very strongly. President duda and i call on all nations to confront this local threat and publicly demonstrate to north korea that there are consequences for their very, very bad behavior. Joining us now, ambassador john bolton, Fox News Contributor and former u. S. Ambassador to the united nations. Ambassador, would we really target north korea . If we did, would it be the missile silos, understanding that theyre positioned for some sort of conventional retaliation for south korea . Lets be clear. We start from an unhappy position because in 25 years of pursuing essentially the same failed policy of trying to negotiate north korea out of its Nuclear Weapons program. Now as predicted by u. S. And south reason officials, theyre very close to being able to target the United States with nuclear wednesday. I think our Diplomatic Options are limited, and therefore, when you hear President Trump talk about a potential severe american response, thats what hes looking at. What would that entail . Possibly an attack on the Missile Launch sites, possibly an attack on the nuclear facilities. North korea is trying to develop a submarine launch capability and we might look at that. The risk, even if we try a limited strike, the north might respond in exactly the way would you expect a regime like that to respond, killing civilians in south korea. So its not happy. I think there are a lot of possibilities we should look at to mitigate that risk, but lets be clear, i think the reason President Trump is so concerned, is that his responsibility is to protect innocent americans. And thats why because the options are so limited the unattractive option of a military strike has to be closely examined. Charles it has to be examined and feels like the clock is ticking. North koreas push has certainly been more exceptional, if you will, than anybody thought, even six months ago and lets face it, the loss of innocent lives in this case could be south korean lives if that indeed happens. At the rate were going, ambassador, is there an alternative . Even yesterday, china and russia putting out a joint communique suggesting that america is also at fault for provocation. It was puzzling to me. Well, these people, this is out of a cold war playbook and its unacceptable, but its what the soviets did during the cold war. They engage in outrageous behavior and say well give that up about you give up some behavior youve had, youve been conducting for a long time so when you return to stability, the west is worse off than it was before the crisis that the soviets provoked. And thats the kind of line theyve taken here and i think it obviously shows russia and china have coordinated in advance of the g20 meeting and again, it puts to the lie, the idea that somehow, whether through negotiation or sanction, we can change north korean behavior. We cant change north korean behavior. Theyre never going to give up their Nuclear Weapons program voluntarily. Thats why i think the only diplomatic play left is to convince china and it wont be easy and what we really should do is reunite the peninsula. That it would be in chinas interest and ours and you eliminate the north Korean Nuclear threat by eliminating north korea. Charles next one for you, ambassador. President trump meeting with Vladimir Putin tomorrow. What should we expect with the meeting . This meeting should be the two leaders getting to know each other, having an exchange of views. I dont think we should expect anything concrete to come out of it. I think its important for trump to see putin up close and personal. You can see in the new york times, leaks out of the entourage around the president , they dont trust the president oneonone with putin. Theyre worried about this meeting, theyd like to see it more structured to see the outcome. I think the president can take care of himself on a oneonone with putin. He better find out who is leaking these things from are critical of him from his own staff. Charles i thought it was going to be a huge one, and after the first meeting, the stupid kind of leaks about. Ambassador bolten. Thank you. Thank you. Charles the craft store hobby lobby fined 3 million importing ancient artifacts. And happening moments from now, President Trump will touch down in hamburg, germany. This is the second overseas trip and likely, most important one yet. Stay tuned, more varney after this. Hobby lobby he agrees for more than 5,000 artifacts out of iraq and should have the details on that. This happened about six years ago. 5500 ancient artifacts, they bought them for 1. 6 million dollars, although, the its fraught with red flags and they were shipped through three separate addresses in oklahoma city, the shipping as ceramic tiles or clay tiles. Theyve been fishy, unall the ultimately they agreed to pay back to iraq and they paid the founders of hobby lobby are backers of the museum and theyre going to be magnificent later object this year. Theyll rescue them from isis. Charles just want to let the audience who know a couple of answers yes and they would not destroy them. Thats know the in the if theyre in the tiles, theyre getting them back and cash on top and say it ends well. Its 1. 6 million. Weve seen these people al qaeda and iraq and also, afghanistan with the two buddhist temples blown up. Its disgusting, irreplaceable. It is disgraceful. Thank you all very, very much. The market is going to open less than five minutes and its been flat all session long. Trying to get a little gain here, we thought maybe the adp report would do it, that missed the mark and an oil number coming out and technology coming out the second day in a row. Varney company will be right back. Where are we . About to see progressives new home quote explorer. Where you can compare multiple quote options online and choose whats right for you. Woah. Flo and jamie here to see hqx. Flo and jamie request entry. Slovakia. Triceratops. Tapioca. Racquetball. Staccato. Me llamo jamie. Pumpernickel. Pudding. Employee hey, guys home quote explorer. Its Home Insurance made easy. Password was hey guys. Opening bell in about 20 seconds. Let me just set the stage for you. A really nice rebound particularly on tech stocks. Today focus should be on crude oil. Holding above 45. Those stocks are higher and the rest of the market opening lower. Here we are the first ticks are coming in. Travelers at the time and not a lot of massive moves, fractional out the gate, down 60 points. Joining us now, ashley webster, liz macdonald, scott martin. Were in the Holding Pattern ahead of jobs. You already kind of poohpoohed the notion as the jobs report would be the catalyst, it feels like the market is consolidating gains and not giving a lot up. You think its a slow drift up and nothing changes that. I think its a slow drift up. The bull market ends when things are crazy. Are things crazy yet . Crazy means too much irrational exuberan exuberance, market going up 200 points a day. And lets not forget theyre backed by massive crash flows, this is not a repeat of the dotcom stock bubble. Theres a Solid Earnings directly and i think the market can move higher. Speaking of massive cash flows, 260 billion. That money has to go to work and keeps coming in and a lot going to our domestic stock market. Is that helping as well . Yeah, i mean, thats great news. Thats the investor getting the benefit of transparency and low costs. Ive been an etf investigator as you know for 10, 15 years and eetfs have been great. Thats a big thing behind the stocks youre talking about there, the netflix, the apples and the googles. And jack is right. Its fine theyre picking up the stocks, the thing thats poohpoohed, too, is that the market is being narrowed by a few of the stocks. These are the best stocks out there, its natural that the investors should go toward them. I think that scott and jack are right. This is an aging bull, not just a raging bull. Theyre saying that the global stock prices could pop 9 by the middle of next year. Why Global Corporate earnings are on the rise and looking for increase in global etf. Thats from a 2 performance. This is from the global price index. And the economic backdrop across the world is better than we want to admit. Its certainly headed in the right direction. Another great stock for many, and if youre old school, the transportation stocks have to cooperate or a market rally. Yesterdays broke out to a new