Money, that isnt great for everyone else, that is corruption, pure and simple. Charles big business and rich people taking more heat than donald trump. Only thing all president ial contenders agreed on, that big profits and success are bad for america. Bernie sanders on deck tonight. We have a feeling it will get worse. All that, so much more on making money. Charles china trade talks close to coming to a head this afternoon. Both the United States and chinese delegations set to meet in japan today. This as were hearing reports that president xi will hand President Trump his terms to settle the dispute. Now part of the terms will end the huawei ban. Edward lawrence live in osaka with more. Edward . Reporter and, charles, a very interesting week that is going to happen here. President donald trump started the meetings basically as soon as he landed. He already met with the australian Prime Minister here. The president with his entire trade team. That also included secretary wilbur ross who cleared his schedule to come here to japan. He was not supposed to. The president pointed to a trade deal he brokered with australia as an example and a win. Look at ourselves more postively than ever before. We also look at our allies and i think australia is a food example. We worked closely on a trade deal situation. We had a trade deal going and it worked out well for both of us. Reporter in a few hours the president will meet with japanese Prime Minister shinzo abe. They will talk about trade. Trade is a huge top i can here. The source close to the trade talks with china says the two delegations will meet on friday. The goal is to see if the chinese are willing to come back to the table what u. S. Trade representatives said they already agreed to in the deal. The delegation is meeting one day ahead of the meeting between President Trump and president xi xinping. Chinese sources believe that a precondition in the meeting would be a cause on additional tariffs. They want them to back off the legal language in the deal, trusting china will enforce the rules in the agreement. The president says were in a good spot. He also says he is happy to talk to president xi. They have a Good Relationship and if something good comes out of those talks or china were to offer us a good deal in the future, then we might be willing to change some of our views. Reporter chinese trade sources say that they also would like to see huawei as part of a final deal with the United States. The reason theyre adding in wall way according to chinese sources because President Donald Trump mentioned that huawei could be part of a trade deal. Now a Senior Administration official says that lifting those sanctions is unlikely in any case. Charles . Charles edward lawrence, thank you very much. If the u. S. Does end this huawei ban to get a deal what exactly would that mean for Americas National security . Joining me now former florida congressman, fox news contributor, Lieutenant Colonel allen west. Colonel west, thanks for joining us. Good to be here. Charles the last two or three months the world has learned what a bad actor huawei is. A brand new article out from huawei from bloomberg, at least 10 occasions huawei employees worked hand in hand with the Peoples Liberation army, the communist army on several projects. How do we actually include them in a trade deal . I dont think we can reconcile that. I think we have to continue to be tough with huawei and also zte. As a matter of fact, just up the road from me here in plano, texas, huawei and zte have office building. That is very close to one of the major tech hubs in north texas. The area called richardson. As long as huawei and zte are under the umbrella of the Chinese Government with cooperation with the Peoples Liberation army, we cannot trust the chinese. We cannot trust these two companies, somehow this information, this intellectual theft of our property is getting over to the chinese. Charles some are weighing china is doing this with or without huawei. In an indictment unsealed back in december, the chinese had tried to steal western intellectual property from hewlettpackard, ibm, other Service Providers that were compromised, fujitsu, dxc communications. They identified other victims, ericsson, u. S. Navy ship builder, on and on, sabre. People say you can single out these individual companies but as long as we have any sort of economic relationship with china it will be also used as an avenue of espionage and theft so why, why risk this trade deal over this . Well i think when you look at the chinas most recent fighter aircraft, the fact that it greatly resembles the f35, that tells you why. The National Security has to be the most important thing. Cant be how much money you make for your company. Down the road, young men, young women may have to go into action with one hand tied behind their back, because the chinese have so much access to our technology. This is an octopus and there are many different tentacles out there and i think huawei and zte are two of those tentacles china used to come in to steal our intellectual property and also the forced technology transfers. That is another thing we cant back off of. Charles i dont think we will on that but before we let you go, i have less than a minute, bottom line, any deal, economic trade relationship is worth it as long as huawei is klein you had . No, i dont. There is direct relationship between our Economic Security and our National Security. We tried to trust the chinese since we allowed them to be part of the wto it has been abysmal failure. Charles Lieutenant Colonel allen west. Thank you very much. A pleasure, charles. Charles despite what some are concerned about a National Security risk, you just heard from one of my favorite sources, were hearing details that there is a good sign something could be happening. I want to bring in money map, their investment strategist, keith fitzgerald. The dow up 46 points is misleading i know it is misleading. Two to one winners than losers on the new york stock exchange. Three to one winners over losers on nasdaq at this very moment. Tech stocks are soaring. The kind of names that usually do well in a potential china trade deal news, theyre doing pretty well today. So it suggests that wall street thinks wall way will be part of an ultimate package. Would you be okay with that . Well the same reasons that the Lieutenant Colonel laid out, no, i wouldnt be okay with it. I think markets gotten ahead of themselves. To me it is buy the rumor sell the fact scenario. Traders are hoping to suck as money as they can and yank the rug out. It is very complicated negotiations at the g20. Charles it is complicated negotiations. The good news for investors the expectations game seems to come down to one word, truce. If that is the headline monday morning on wall street journal and everywhere else, dont you think the market will rally on that news . I think there is absolutely that potential. I dont think well have to wait until monday. Well know a lot the moment president she sits down with President Trump, just based on their body language, the way their remarks are translated. To me that is what we want to be watching, rather than waiting for those headlines. You understand this region and the world very well. All eyes on japan. You spend a considerable time there. China as well. Do you think some type of a deal will be put together here . You know i think the odds are very, very high. If well see one, the g20 is where well see it. China is pulling out all the stops, every play in the playbook. Trying to turn the world court against us. Trying to frustrate us to sign a deal in their interests, not ours. Trying to portray themselves as not interrupting chinese sovereignty. Theyre literally pulling everything out. This is in accordance with principles laid out five years ago by one of their generals, sun tzu. Both sides need to declare victory to their audience. That when we get deal. Charles sun tzu, the art of war, the ultimate deal this is the showdown. All eyes on osaka, japan. Thank you. You bet. Charles shares of boeing are falling today after the faa found a new flaw in the 737 max jets. We have the latest on that coming up. Also while they didnt agree on much the candidates in last nights democratic debate seemed to all agree big business is the disease. Higher taxes, more regulation, dismantling them is the cure. A wrapup and a look ahead tonight right after the break. This is supposed to be the party of working people. We are supposed to break up big corporations when theyre not serving our democracy. Limu emu doug what do all these people have in common, limu . [ paper rustling ] exactly, nothing. Theyre completely different people, thats why they need customized Car Insurance from liberty mutual. Theyll only pay for what they need [ gargling ] [ coins hitting the desk ] yes, and they could save a ton. Youve done it again, limu. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Cant see what it is yet. Re . What is that . Thats a blazer . Thats a chevy blazer . Aww, this is dope. This thing is beautiful. I love the lights. Oh man, its got a mean face on it. It looks like a piece of candy. Look at the interior. This is nice. This is my sexy mom car. I would feel like a cool dad. Its just really chic. I love this thing. Its gorgeous. I would pull up in this in a heartbeat. I want one of these. That is sharp. The allnew chevy blazer. Speaks for itself. I dont know who they got to design this but give them a cookie and a star. The latest inisnt just a store. Ty its a save more with a new kind of Wireless Network store. Its a look what your wifi can do now store. A get your questions answered by awesome experts store. Its a now theres one store that connects your life like never before store. The xfinity store is here. And its simple, easy, awesome. This is actually an economy that is hurting Small Businesses and not allowing them to compete. There is way too much consolidation in giant industries in this country. That hurts workers, hurts Small Businesses, it hurts independent farmers. It hurts our economy over all. Look at an insurance model after insurance company. To bring in as many dollars as they can in premiums and pay out as few dollars as possible for your health care. That is how you explain an economy rigged to corporations and to the very wealthiest. A 2 trilliondollar tax cut that favored corporations while they were sitting on record piles of cash. We had an industrial policy in the United States for decades now. Basically let giant corporations do whatever they want to do. Giant corporations have exactly one loyalty, that is to profits. For all the american citizens out there who feel youre falling behind, who feel the American Dream is not working for you, the immigrants did not do that to you. The big corporations did that to you. [cheers and applause] the 1 did that to you. Charles wow, democrats last night, really attacking big business, in fact more than donald trump. But is big business actually making it too easy to be the target . Joining me now from the wall street journal, jillian melchior. Jillian, one of these things to a degree President Trump also, when he was running, you know pointing out hey, elites, big business, 1 ers they control the swamp, put you behind the eight ball. This message has broad appeal beyond just republican and democrat. Sure does. There is a lot of frustration if youre a Hardworking Taxpayers and Big Companies unveiling themselves of tax subsidies and amazon trying to shake down the state for awe it is worth. That is not part of the issue. What theyre hypocritical about what theyre saying take down big corporation, take down engines of growth of economy, there is no way you can pay for this just taxing billionaires, just taxing big corporations. This is something that will hit Small Businesses. Charles trojan horse then . Open the doors, you agree to these things. Well go after big businesses, after the wallets, but once that money runs out you agree to the programs, now we have to dip into your wallet that sort of thing . What we have is legitimate frustrations with big business in america getting special treatment but the solution to that is make it more of a free market. It is not to impose socialism on everything else. There they are not going to be able to pay for it. If you take all the money from all the billionaires of all the corporations, throwing in medicare for all, throwing in new green diehl, throwing in free college, that something eventually will be, middle class will be paying for that, Small Business owners paying for that. They will be saddled with new progressive regulation. Charles politics of envy is part of the democratic platform in my opinion. Yep. Charles corporations had amazing year last year. Profits 8. 2 trillion. They bought back a trillion dollars of their own stock. In fact some Companies Made money even, made money and didnt have to pay taxes. General motors said, we want 104 million back even though they made 12 billion. Goodyear tire 15 billion. U. S. Steel, 300 million. Amazon 137 million even though their profits were almost 6 billion. The tax code gets to work that, Carry Forward losses. When the average person hears about that, how does Corporate America fashion a counter argument to this or is there one . I think the counterargument is they shouldnt get special treatment. Even the playing field. Trim regulations that big corporations can afford to fight and find loopholes. Small companies cant. But again, i dont think that is what democrats are presenting. Theyre presenting agenda, that you have guaranteed new taxes, guaranteed new regulations. Unfortunately the big guys will be able to afford it, the little guys arent. Charles what the democrats want to do in odd way, maybe why, not elon musk and jeff bezos and others saying hey, Mark Zuckerberg we want regulations because they know ultimately it enhances their power and strength . They have an entire floor devoted to lawyers. That is something your momandpop shop doesnt have. Charles tonight, more of this . Well see how it goes. Charles amazing, they took on big business more than they did donald trump. Yes. Charles i just think big business better find a way around this. Sort of corporate virtue signaling stuff, that is not enough. Charles absolutely. Appreciate your experience. Thank you. Charles candidates were breaking out from the pack with individual ideas. Our Political Panel will pick the winners and well look ahead to night. Tweet me cvpayne. Who do you think were the big winners and losers . When we werent in there, they started flying planes into our buildings. So im just saying right now didnt attack us on 9 11. Al qaeda did. Every day, invesco combines ideas with technology, data with inspiration, investors with solutions. Because the possibilities of life and investing are greater when we come together. On a scale of one to five . One to five . Its more like five million. Theres everything from happy to extremely happy. Theres also angry. Im really angry clive actually, really angry. Thank you. But what if your business could understand what your customers are feeling. And then do something about it. Turn problems into opportunities. Thanks drone. Customers into fanatics change the whole experience. Alright who wants to go again . I do i do i have a really good feeling about this. A cockroach can survive submergede guy. Underwater for 30 minutes. Wow. Yeah, wow. Not getting in today. Not on my watch. Pests never stop trying to get in. We never stop working to keep them out. Terminix. Defenders of home. Has been excellent. They really appreciate the military family and it really shows. With all that usaa offers why go with anybody else . We know their rates are good, we know that theyre always going to take care of us. It was an instant savings and i should have changed a long time ago. It was funny because when we would call another insurance company, hey would say oh we cant beat usaa were the webber family. Were the tenneys were the hayles, and were usaa members for life. Get your usaa Auto Insurance quote today. Charles well the big guns of the Democratic Party are ready to take to the stage. Joe biden and Bernie Sanders will be standing side by side. It wasnt just the frontrunners making headlines. Hawaii congresswoman Tulsi Gabbard finished strong, topping most searched candidates on google. A big slipup, struggling spanish sunk the likes of tim ryan and beto orourke. For more with our Political Panel, kelly sadler, daily centrist editor, rick ungar. About your party, how do you feel about it . It was all right. They were definitely pulling left . Pulling left . Lurching left. That is to be expected in a primary debate, right . They will go moving backs towards the middle. There were some winners, some losers. A little easier to define the losers i think. Beto had a ghastly night. I thought Elizabeth Warren had a good night. The breakthrough had to be castro. He stood out. He needed that. Charles most Media Outlets say castro. Some said Tulsi Gabbard. In fact on the most searched before the debate, Elizabeth Warren almost every single state in the union. Afterwards it was gabbard about 2 3 of the state. She was appealing to conservatives. Charles only state that was warren was oklahoma where she was born. Gabbard has compelling message, being a veteran, having served. She hits on a lot of peoples desires to play more focus on home first, america first, not get into international wars. That appeals to a lot of people. That is where her story ends. Elizabeth warren came in as frontrunner. I expected a lot more last night. I thought she would come out strong. She was favored by nbc, got the first couple questions. And then she faded. I agree with you. I completely agree that msnbc did favor her. The question distribution in the first hour was not good. No, it was not equitable. She did well i thought in the first hour. It was like she chose to coast in the second hour. I think she could because, you know, you had basically a Dumpster Fire of a debate, im sorry, where open borders, medicare for all, like you had. Open boredders. Limitless abortions. All of these things are so out of touch with middle america. Charles asked about the biggest geopolitical threat, the answers were mostly existential. Warren said climate. Booker said nuclear. Gabbard, nuclear. Globe beau char said only one economy. China again for delaney and nuclear war, inches lie you left out inslee. Charles climate, i mean is climate the really biggest global, geopolitical threat to this country . Beyond the primaries that is something that will play in the general election . I will is not going to play in a general election, certainly not to that degree. There are definitely a lot of people will tell you that. My goodness, i have friends in the military who actually say that is our biggest geopolitical threat. Oh, really. I really do. My goodness. Charles what is military . Which branch . Where are they serving . Charles lets handicap tonight. Feels like bernie is slipping. He is going to have to do something dramatic. He will have to, you know, he doesnt have the luxury of Elizabeth Warren of answering a few questions and coasting. How do you see tonight playing out, rick . I think youre right. Bernie will be cranky. That is how he has been behaving in the past 10 days. I expect that crankiness will come with him. Biden is obviously the won to watch to see if he screws up, number one and if he tries to stick to idea, leave all of them alone and take on the president. Well see. Charles the most tweeted about candidate last night was Elizabeth Warren. Most tweeted about politician last night was donald trump. He is still casting a shadow over these debates. Obviously. He is the incumbent. We have the advantage with the economy. He is over in japan now at the g20 going to negotiate, what could be historic agreement with china. We feel very good and very confident. Mitch mcconnell also had a googlelike search bump in the second half. Charles there was a question last night they were trying to get someone on the stage to say that they would get rid of the filibuster. So they asked the same question about Mitch Mcconnell 47 times. You want to get rid of him, you got to beat him. This is not a kentucky primary. Charles with respect to who the administration wants to face, any truth to the rumor theyre really still mostly intimidated by joe biden . I would not say intimidated. I would say, it would be an easy path to victory for us if it were Elizabeth Warren or Bernie Sanders because theyre so out of touch with middle america. Joe biden does say that he has got bluecollar roots and kind of does that. Well see who actually has that base. I believe it is the president of the United States. So i would like a headtohead matchup. Charles call you two back. Im absolutely shocked would say they were not intimidated by joe biden. No. All the gaffs. I dont know if he will make it two hours on debate stage without falling asleep. Sleepy . There will be gaffs along the way. Yes, yes, well see. Charles thank you, kelly and rick. The Supreme Court blocking President Trump and administration from admitting, adding rather the Citizenship Question on 2020. It might be a moot point. Conservatives up in arms again with the chief justice there. More problems for boeing that will likely keep the 737 max grounded for much longer than they wanted. The latest on that as well, coming right up. Your daily dashboard from fidelity. A visual snapshot of your investments. Key portfolio events. All in one place. Because when its decision time. You need decision tech. Only from fidelity. Charles welcome back, weakness in boeing masking a pretty good session ahead of the allimportant meeting between president xi and President Trump at the g20. For more on markets well get back to them in a moment. Meanwhile facebook trying to clarify how it makes money from your data. The social media guy an is updating terms and Services Guidelines but making mostly cosmetic changes. Mostly a way to let users know what theyre signing up for. Amazon will add more than 1500 package pick up locations at rite aid stores. Customers at hundreds of stores can pick up the packages as rest of the stores are coming on line as the year goes through. Latest move by retailers to work with amazon instead of trying to fight amazon. Looks like boeing 737 max wont be back in the air anytime soon. The faa uncovering a new Software Issue with the jet. Jeff flock live at Ohare Airport with more. Jeff . Reporter that is the fear, charles, this new problem. Tell you it is drip, drip, killing the stock. Today down at one point almost 4 . Come back a little bit since then but not good news for boeing. By the way, theyre still making those planes, 737 maxes. We have pictures of them being parked in the employee parking lot out in washington where theyre making them. Nobody buying them at the moment. Heres the deal. Apparently there is a problem, they think with the software, not the original problem that they think brought down the two planes that crashed but another separate problem. Heres the faa statement on it. They say the faa recently found a potential risk that boeing must mitigate. Somewhat scare littlely, they are saying were following a process, not a prescribed timeline. Ie, dont expect this to be done anytime soon. Boeing is not pushing back on this. Dennis muilenburg says hopes to get back in the air by the end of summer. Boeing says we kind of agree with the faa decision on this were working on the required software fix. This is also killing the airlines. United out here in chicago announcing more cancellations now through august. American and southwest already did that. 1290 Flights Canceled in july. Another 1900 in august. That is about 60 a day charles. Boeing says looking reimbursing airlines for losses associated with this grounding. This one is not going to be pretty. Neil charles i read where they start to negotiate with the lie on air families. Victims of that crash as well. Reporter see you, charles. Charles boeing shares hit hard on the news. Down a lot dragging on the markets. Here to discuss Payne Capital senior advisor, courtney dominguez. This is interesting. At some point you feel like this issue will be resolved. At some point they still have 20 years of monumental orders. In fact they just got a gigantic order at paris airshow, british air, that sort of saved the day. When you see the kneejerk reactions, long Term Investor manages money, do you see opportunity or is this sort of too risky . Definitely there is extra risk involved but a lot of opportunity with boeing. I would argue today there is probably more of an overreaction. The stock was down 7 in premarket trading. It is down less than two. It is not nearly as dramatic people thought it would be. Look at from the consumer standpoint. When airlines looking to buy airplanes, looking at airplanes in the air 30 years. Theyre willing to give boeing a little time to figure out issues. Before making a longterm decision on their purchases. Lets go out to the Broader Market when the news came out, president xi had tougher demands going into the meeting with President Trump. One word Everyone Wants to see on wall street the word truce. If that word comes up, we start mondays trading off, i think we could be off to the races. How do you handicap all of that . I agree. A lot of people are expecting that something wont get resolved. Any added benefit will be a good thing. I think markets are pricing in nothing will happen. If nothing happens, i dont think it will be a bad thing from the market, if something good happens i agree. I think the stock is off to the races. Charles overall with the market, this is going to be, as it stands now, this could be one of best unions in history, one of the best unions since 1938 for the dow. How does that form rest of the year or does it . Doesnt matter because well be looking at different issues . It matters so much because were really standing in the face of a lot of issues with the markets. What is interesting, investors are more bearish since 2009. Markets are really doing well. To quote warren buffett, you want to be greedy when others are fearful. That is what were seeing. Markets have done so well. People pulling out of money for the markets. Of the markets at alltime highs which is a really good sign. Charles sideline money can come pouring in. New highs begat new highs. Emerging markets, Frontier Markets, you like those, higher risk but huge potential . I agree. Especially the long Term Investor, so much opportunity abroad. Very nervous with the trade wars. A couple of things will happen. Either well resolve the trade wars, trade will continue with places like china, which is one of the largest economies in the world, if not renegotiate with other countries things like Frontier Markets can reap benefits. I think regardless a lot of foreign markets have a lot of opportunity. Charles thank you very much. Really appreciate it. And i do need to point out there is no relationship between myself and courtneys company, Payne Capital. Supreme court rules on two key cases with huge political implications. Well break down the high courts decisions next. Thanksno problem. Youre welcome. This is the durabed of the all new chevy silverado. It looks real sturdy. The bed is huge. It has available led cargo area lighting. Lights up the entire bed. It even offers a built in 120 volt outlet. Wow. Plug that in for me. Whoa holy smokes oh wow and the all new silverado has more trim levels than any other pickup. Whoa oh wow very cool. Theres something for all of us. Absolutely. Its time to upgrade. laughter at comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. Charles new crowds outside of the Supreme Court on the last day as it decides a few cases that will probably have big political implications. First the court is blocking the Trumps Administration attempt to add Citizenship Question, a key Citizenship Question to the 2020 census. They sent it back to the lower courts, saying they need more information. The court not setting limits on gerrymandering where they redraw electoral districts to benefit their own political party. Hillary vaughn at Supreme Court to break down what the decisions mean. Reporter charles, Supreme Court put a freeze on the Citizenship Question that the administration wanted added to the 2020 census. The court saying that they need more information to decide if there are any concerns about political mow visions behind the reason why the administration wants to add this question back to the census. And now the president says in return he might delay the count to give time for more Additional Information to be provided to the Supreme Court. The president tweeting this, quote, seems totally ridiculous that our government, indeed country cannot ask a basic question of citizenship in very expensive, detailed, and important census. This case for 2020 i have asked the lawyers if they can delay the census no matter how long until the u. S. Supreme court is given Additional Information which they can make a final decision. Opposers of this question agree or argue that the trump is using the census as political tactic. Justice thomas who issued the majority opinion from the court says the oppositions argument that the move is politically motivated could be up to interpretation, writing this, quote, a judge predisposed to distrust the secretary or the administration could arrange those facts on a cork board with a jar of pins and spool of string create an eyecatching conspiracy web. Here is why this Citizenship Question matters so much to the opposition. The census decides how 600 billion in federal fund is split up. And their argument is, for communities that are heavy, heavily latino and immigrant, that they would be undercounted in this census which means they would receive fewer federal funds and less representation in congressional districts. Democrats in the senate say they believe this is all a political ruse by the trump administration. It was carefully devised political strategy to discourage hispanics reporting their status to the census takers. Reporter republicans say the citizen schedule is not only fair but necessary and in direct response to the liberal immigration policies like sanctuary cities. I think when youre counting people in your country and youre trying to establish what the demographics of your country are, i think its a very fair question, just like how old are you . What is your race . What is your gender . Right now the question is on hold, the let has his way, the census could be on hold too. Charles . Charles hillary, thank you very much. I want to bring in constitutional attorney and trump 2020 Advisory Board member, jenna ellis reeves. Lets start with the census issue. The Immediate Reaction in conservative circles, chief Justice Roberts did it again. What did he see that others did not handicap thinking it would make it through today . I think chief Justice Roberts spoke out of both sides of his mouth, voting with the bloc of conservatives on gerrymandering case, also siding with the liberals on the census question. What is important to recognize here, charles this question about citizenship is not new from 1910 until 1970 when the long form question was eliminated. President trump said we wanted to add the question to make sure we promote free and fair elections. This is not new. Justice roberts said, basically undermine the intention and motivations question it, he is being politically partisan he is showing himself as a trump hater rather than simply being a fair and unbiased Supreme Court justice. Charles jenna, we know the constitution says we have to take census in this country im not sure what immigration issues were around those days. They have certainly got a lot more complicated. How would you as a constitutional expert, juxtapose, what was written by the framers to our Current Situation . Does it matter . Is it irrelevant . Enumerations clause is specifically designed so we take an accurate count charles of all people or all citizens . Of all citizens. I think that is very fair reading. Because we can have all people, but it should be a representation of all americans and people who are actually represented in our government. We know that our constitution applies to american citizens. So i mean we dont count, for example, visitors or people who are here on a temporary basis and dont have a representative voice and charles let me jump in. We dont have a lot of time now. What would the administration do if they push off the final printing of the census forms until october 31st, which is being suggested . How would they represent the case to the Supreme Court . What would they add to the rationale. They need to reiterate this is promoting free and fair elections. It is not new. Just fivable under the constitution so over charles all right. We lost jenna. She wanted to talk about the gerrymandering case which again invoked a serious emotions. Dissenting elaine kagan actually choked up as she read her opinion from the bench calling the ruling tragically wrong. Both sides pretty frustrated with what came out of the Supreme Court today. Meanwhile the Housing Affordability crisis, folks, i dont have to tell you it is getting worse. New survey more americans believe it is financially impossible to own a home, once thought to be the ultimate American Dream. Is where people first gathered to form the stock exchangeee, which brought people together to invest in all the things that move us forward. Every day, invesco combines ideas with technology, data with inspiration, investors with solutions. Because the possibilities of life and investing are greater when we come together. Youre smart,eat you already knew that. But its also great for finding the perfect used car. Youll see what a fair price is and you can connect with a truecar certified dealer. Now youre even smarter. This is truecar. Charles theres a new survey that says fewer americans believe they are likely to ever own a home. 82 of renters say renting is more affordable than buying a house. Their biggest obstacle is the difficulty in saving for a down payment and those closing costs. Of course, Student Loan Debt making it especially hard for millenials to afford down payments. 51 of renters, 23 to 29 years old, say they have made different Housing Choices than otherwise they would have because of those student loans. I want to bring in fox nation host and [ inaudible ]. This is a serious issue for millenials and i should note, theres a survey last week that said a study that said it would take, if i moved as a millenial to los angeles right now, it would take me 43 years to save up a 20 down payment for a home. Forget san francisco, then. Charles this American Dream of owning a home, is it gone for millenials . I think it shifted. With the advent of technology, a lot of millenials realize they dont have to be tethered to one place. They want to travel. Charles what if they want a home . I will put one more statistic out there. A study by bankrate of 1500 homeowners, millenials 23 to 38, 63 of them were remorseful over it because i think unfortunately, our generation is delaying later, you know, when you are renting you have people take care of things for you, when they break, and people are delaying marriages. We are a slower generation. We like to enjoy our avocado toast. Charles yolo, you only live once. Live your best life right now. But you know as someone who studies the economy that these delays, whether its buying a home, household formation, having children, there are economic consequences down the road. I think theres a broader trend here that deserves some attention. One is that millenials in particular of course got their first jobs in the depths of the recession. That means they generally had jobs with less opportunity, less mobility, probably less pay as well, so they are probably a decade behind in terms of wealth accumulati accumulation. It makes sense they have difficulty saving for the down payment. On top of that, the Great Recession of course was precipitated by a lot of problems in the housing market. Tighter lending standards are something millenials have repeatedly said have kept them from owning a home. Charles let me jump in. Would you be okay with 5 down, 10 down . I know plenty of people who paid for their homes without putting 20 down. Now, we had a problem back in 2005 to 2008 where people were putting half a percentage point down. That clearly creates a lot of problems. You dont want to be overleveraged to that extent. The reason millenials are delaying home purchases, simply because they dont want to own a home might be the case but theres a lot of great alternatives out there. Britt talked about millenials living in urban areas, lot of jobs are in urban areas that pay very well. Theres a lot of issues with housing stock. That is a problem felt by all people looking to own homes. Charles we live in new york, we see all these cranes and all this building. Nobody is building cheap places. Amazon is coming to d. C. I see that, too. Charles we know its really, really expensive but this delay, do you think these are just delays, like in other words, your generation after you do your traveling and have your fun, you know, after you live your best life, will still do, as traditionally has happened in america, forming households, buying a home, having children . I think we will. Im probably the last person considering last week i lived my best life but i think Student Loan Debt is a serious thing. Several of my friends are paying four digits a month on that. The Interest Rates need to be lowered, in my opinion. Charles would you vote for a candidate that said i will get rid of your Student Loan Debt . Absolutely not. Its unicorns and rainbows and i dont think its fair to people who responsibly paid off their student debt. Charles you are okay with some relief. Some relief, yes. I think we need a republican candidate to come up with a more practical approach instead of trying to eliminate 1. 6 trillion of Student Loan Debt in the country. Student loans are certainly a problem. We know they create pressure for young people who are looking to own a home but they create pressure because they create a lot of debt in households that then look unworthy to a lender looking to give a mortgage. Its not necessarily just a liquidity problem for these homeowners or wouldbe homeowners who are trying to save up for a mortgage. Theres a lot of things out there you could do to alleviate Student Loan Debt that wouldnt be a big payout or bailout to people who arent being responsible. Lengthen the terms of the loan without an interest penalty would free up liquidity for some of those people who want to own homes. Theres a lot of opportunities out there. I will just say it takes a lot of education. We also would just argue someone looking for a job right now or now starting to compete in this environment with this economy, theyve got a lot more opportunities. If they dont own a home theres still opportunities to accumulate wealth by vesti invee in 401 k s. Charles meantime, live your best life and go to portugal this weekend. Or refinance your mortgage. Charles thank you both very much, ladies. Appreciate it. The dow has been drifting this hour but we are still up and the broad market not going too bad. Liz claman, theres a cautious tone to all this trading. Liz wonder why. The first letters that word trading, trade, right . We are waiting on this. Charles we are. Liz breaking news. T minus four hours to the kickoff of that g20 summit in osaka, japan. President trump on the ground at this hour along with the rest of the world leaders, of all the oneonones and working dinner meetings, perhaps the most crucial meeting will be the one that could determine the fate of the Global Economy and your portfolio. Ahead of tomorrows facetoface with chinese president xi jinping, we are taking you to japan live for latebreaking details as reports surface now that huawei has become a central pawn in the g20 game of chess. Thats why the markets may be holding their breath for any news on the upcoming trade talks. The dow is actually trading all day in a pretty narrow range of 141 points. Up 17, down 17. Right now, weve got