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politics. try as i might to get him to try to talk politics, he never does. i gave up on that. and thank you general very much. you wrote an eloquent piece saying this is what's important and why it's important in the aid to the country. as you can see as it's playing out on capitol hill, not everyone agrees with you. why is it so important? >> well, neil, first of all, i think it's important to recognize that israel and ukraine are both engaged in fights that are directly tied to core u.s. interests and frankly, we need to do all we can to see that they prevail on those wars, if we don't, that will embolden our adversaries and dramatically increase the odds that america's sons and daughters will ultimately have to spill their blood. there comes a point where evil must be checke is that unfortunately, too many

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>> left turn at november. ground point 7. >> embraer, stop, stop, stop 2937 stop! >> we're stopped cleared runway four. neil: they say that was a close call. i don't know how close those planes got to each other, but the one cleared for takeoff, could see what's going on here, the frantic voices from an air traffic controller, controllers and stopped and avoided something that could have been different. kyle bailey, a pilot, former f.a.a. safety team member and knows the industry well. kyle, what do you think happened here? >> you know, it's interesting. apparently there was a trainee controller and you could hear the chaos in the control tower, so the interesting thing it appears that the one airplane, the southwest, was legitimate

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also, when you're off duty, as far as to get sleep. neil: yeah, very important, we've got to get our rest, particularly those guys because they have a lot of people they're responsible for. thank you, kyle, very good seeing you. kyle bailey. this was an anomaly and they're investigating in terms of who was tired and an investigation. meanwhile we're investigating what is happening in washington d.c. right now with a busy and working as if it's a regular workday in washington. the house is taking up measures to provide aid to the likes of israel and ukraine, and taiwan, and mixed up in this is a divide among some republicans that speaker johnson is capitulating too much on this and they don't think he's long for the job. they doesn't want him in the job. we've explored that with those on both sides of the aisle. as will alicia acuna and griff jenkins that take you through this fox news day and so much. feel more confident with stock ratings from j.p. morgan analysts in the chase app.

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some value off of the magnificent seven. they were already highly valued and use the phrase, price today perfection and things aren't going perfectly. there's a lot of world turmoil and they could certainly decline farther, particularly if we see increased middle east confrontation and other of these types that have been suggested with china could also create, you know, figurer fears and more volatility. we're not seeing widespread volatility across the u.s. markets, but certainly, i think everybody should be prepared for valuations to come down for the markets to come down, and to be more defensive and yes, i agree, i've been saying, look at gold. you know, take, you know, some of your riskier equity bets off the table and look at types of, like, short-term treasury inflation protected bonds in case we do get a second wave in 2015. neil: still have a ways to go

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convinced that inflation continues to fall back down. the good news, as you indicated, the economy continues to be strong, gdp growth is strong, consumer spending is strong and the labor market is strong. so, we're in a good position from which to take our time before we decide where to go with interest rates. neil: take your time until next year? >> well, i mean, potentially. i dialed in in march, i had dialed in two interest rate cuts this year, two 25-basis points cuts before some of the data we've seen. i'm in the view we need to wait and see. neil: all right, that echoes what i've heard from austan goolsby, much of the same thing hurry up and wait and wait for a while. if we get no rate cuts at all and market rates are backing up as they have been lately this year, what happens? >> well, i think again, wall street is going to be a bit disappointed. we've seen markets already move to more defensive measures

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at the radar scope or out the window. neil: and i know they're rare instances. and this one was caught and maybe the pilots involved at that level they see each other and obviously stopped, but remember what happened in the 70's, canary islands two points collided and the weather back drop and we've since corrected for that, or have we? >> fortunate enough here, the jetblue aircraft, you know, wasn't at excessive speed and extremely close proximity to the southwest aircraft sore we would have had a disaster on our hands here. this is happening more frequently and with air traffic controllers with pilots, and then we're seeing all the other crazy stuff happening over the last couple of months with the airplane, parts falling off, but you know, stress is a key here with these controllers and i think the f.a.a. directive that the administrative announced yesterday to increase that rest time is very critical here and i think that's a great

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age, remembers they were very higher. we were used to much lower rates and it's putting a chill on housing and we saw that in the housing data this week. are you worried? >> well, housing prices aren't going to come down soon if mortgage rates don't come down, neil. there's a shortage in the housing market of supply and that's really keeping prices higher, so, it's pushing out the capacity for new entrants to the market to buy a house and i'll disagree with erin. you have to have been defensive already. you don't want to start getting defensive when the market is spooked. you do that when the market is greedy. so, i think the put options i've been recommending on the s&p 500 and the triple q's, which is the technology sector have done remarkably well. gold is soaring and that's one of the defensive positions that i've been recommending. i like at this moment short duration treasuries, they're 5% yield on the two-year space. i think that's an attractive buy. i think the fed ultimately does cut.

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is clearly upset with the leadership exhibited by joe biden and they want to be told there's something better coming their way. neil: and as president he could operate that way? >> well, that's the big question. and how he campaigns is going to demonstrate that. and that's one of the things why, you know, getting more time is important to him because he gets a chance, if he has more time, to not be talking about 2020 being stolen and the j-6 being hostages, but instead to paint a vision of what it is that he wants to do for the country and give people a sense of hope and optimism that things can be better. they already think things were better when he was in the white house than joe biden and now he's got to convince them it will be better if he returns to the white house. neil: great catching up with you, karl rove, former deputy chief of staff and fox contributor and best selling author. we're back on the middle east right now and rising tensions there because they're rising in other respects and unfortunately, and this has been a big issue for the markets, so have rising prices and delays in rate cuts and

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next year. what does it mean for you. >> rates could go higher. if you're a first time home buyer waiting to pounce you could be waiting longer. and inflation, it's not just a problem when it comes to rates. it calls into question whether we have a handle on the economy. i think a perfect indication is what's happening in the bond market. in times of uncertainty people buy bonds because a government-backed treasury means safety. invests don't think so anymore, they're not buying. neil: another troublesome sign there. kelly o'grady. i want to go to aaron gibbs, and kathy, the capital markets genius. if you don't mind i'd like you to sort of react to something that neel kashkari told me. he kind of echoed what both of you had been warning about, the back drop for interest rates not getting cut anytime soon. this is from neel kashkari. >> we just need to sit here and be patient until we see the data and hopefully get

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negotiator or you want what chuck schumer wants. in either case, mike johnson needs to go. neil: maybe you recognize the mathematical reality there's only so much you can demand when you don't have much backing, right? >> right, you need to demand something. he's demanded nothing. neil: all right, not a fan. well, i spoke to new york republican colleague of yours mike lawler on the show and this is the congressman earlier on, he's not a fan. >> this is a continuation of the crown show. now, when you look at the challenges facing our country, voters elected a house republican majority to govern, to serve as a check and balance on the biden administration. what is happening within our conference is undermining our ability to govern and hold this administration accountable. speaker johnson, like speaker mccarthy before him, is doing the right thing by putting

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