Buy. Okay. Paul, thank you both very china about the trade negotiations. Much. That and so much more on charles judge in oklahoma ordering Johnson Johnson to making money. Pay 572 milliondollar fine. He says for fueling, helping to charles after opening higher despite inverted yield curve and fuel the open joyed epidemic. Weaker china currency issues the market started to drift and now the goal is sort of stop the the judge tad blakeman delivered momentum to the downside. Were off 200 points from the the decision from the bench. High. Were up about 130 points from a whole bunch lawsuits facing the low, because a lot of things opioid manufacturers and have happened, right . We heard from President Trump. Distributors. Johnson johnson denying any Chinese State media chimed in. Wrong doing and they are appealing the fine. You should hear shocking comment from a former key member of the fox newss grady trimble, he joins us now. Federal reserve. On this i bring in david nelson grady, you and i had this and paul schatz. Discussion yesterday, going with i want to get to this point, i a judge to take out the human think it is important for the audience. The yuan, the chinese currency element and emotional element. This judge seemed to be pretty moved less than seven to one to emotional too . He was tapped into the people the dollar. It was historic. In his state. Dow closed down 768 points. Lawyers in the state of oklahoma celebrated as victory not only for themselves but the people of the state. Its a landmark ruling against Johnson Johnson but it is also then we had the infamous yield far from over as you mentioned. Curve inversion. The company is vowing to appeal both those situations got worse, we opened higher. This decision. Market had time to digest the even though the judges ruling was far less than the state was inverted yield curve story is no longer new. Seeking, 572 million versus the markets accepting that it 17. 5 billion they were seeking, attorneys for Johnson Johnson will be that way, ostensibly for the foreseeable future. Called the verdict flawed. They denied any wrongdoing it will take the fed a whole lot throughout the seven week trial. Of meetings to get that they continue toed do that aggressive to steepen the curve. Markets dont like uncertainty through statements and press and shocks. Conference after the ruling came initially a shock, now it is down yesterday. We have sympathy for all to being accepted. People getting more comfortable with it. It is a pretty wonky data charles. I will go along suffer from Substance Abuse but charles we lost 1600 points i wouldnt bring it up. Johnson johnson did not cause every now and then we get the opioid abuse crisis here in good news. Look at numbers this morning. We had a monster consumer oklahoma or anywhere in this confidence number. That is the highest level in 19 country. Years. Says not all is bad. Reporter now as you mentioned, if recession is building out Johnson Johnson is actually there, certainly isnt showing trading up today as a result. Up in the consumer. Some people might be surprised charles present conditions, by that but analysts say because overall number is in the top 10 the company should be able to weather this storm. Of all time. We dipped from prior month but it was just so much less than they expected. However other pharmaceutical beat consensus. Paul, near one of the alltime companies are trading down today. Highs as well. That is because there are still consumer again strong, so many lawsuits pending. Expectations looking out six there is a lot of uncertainty months, a little soft. That is probably reflection of right now. Analysts say there is a wide the headlines. No doubt. Range of possible outcomes. Feels like the media is trying some say total litigation could to talk the country into be 50 billion with all the companies involved. Recession. Others say it could be they are so focused on negatives. 150 billion. With all of that uncertainty, if you look back to previous administration, the media had you might start to secording to much more optimistic view. These analysts, Companies Start now it is very hard to find a to settle as opposed to taking positive, economic story. Them all the way through to you got Consumer Confidence, trial like Johnson Johnson did. Listen, the leading economic charles . Charles grady, thank you very indicators are still not much. Negative. Weekly jobless claims, thursday about 1500 similar opioid lawsuits have been filed, state, local, even tribal governments. Morning, theyre still relatively strong. It is concerned about about the people are almost wanting to believe that death is near for money from these verdicts or settlements will be spent after the economy. Raised from Johnson Johnson. The consumer, as mark twain said many people say okay, thats great. Now what . Rumors of their demise is i want to bring in attorney misty maris to hash this out. First of all the verdict itself, greatly exaggerated. It was interesting to me that charles ceo of starbucks said the judge felt like he was things are amazing there is no emotionally involved in this and sign of recession. Some were surprised that the these are companies with businesses in every single verdict was only 572 million. State. They know better than the charts. Obviously it isnt all bad. Remember they were asking for where i take issue that word 17 billion. Absolutely. A lot of people were surprised recession because when you talk that verdict didnt end with a to most people out there, when b, a billion, instead of a they hear of recession, thinking million. 2018. Look, that is the liability the next recession will not look anything like that. That was a credit event married verdict to find Johnson Johnson liable under to consumer recession. That public nuisance statute. That is an expansion of the law. Unlikely to see that anytime that is really a landmark soon. A lot more milder than that. Charles part of the worst part decision but, charles, you make of the session happened after an oped was published in bloomberg a great point, the amount of from william dudley, formerly of the fed and he is essentially damages wont necessarily be saying that the Federal Reserve that impactful to Johnson Johnson. Should not help President Trump with a company that makes so in his trade war. Much money every year, that is i mean essentially he is saying more of a drop in the bucket that the fed should deliberately than a serious number as it make policy that could possibly looks like on its face. Charles people should know for see, possibly see our economy 2018, Johnson Johnsons net sink. This is scary stuff because you income from operations, dont want to think that the Federal Reserve, i guess theyre 15. 3 billion. Human beings, does powell feel so 500 million is proverbial this way . Drop in the bucket. Could anyone possibly in the fed what happens to that money . Is there any accountability who actually continues to have a about that . Vote, paul, feel this way . You worry that the, like when they do things in these cities, if so, that is scary. It is super dangerous. Whether it is lotteries, things like that, it will go to schools i get what dudley is doing. He is defending the fed because but goes somewhere else . The fed will city publicly this is big problem. Actually people are looking back neutral. It is very dangerous to suggest to what happened with the big that any fed should play tobacco settlements. Not all of the money went to politics. The fed is. Trump has been outside of his remedial efforts like lane of the fed is being urged prevention. That is what argument will to if everyone stayed in their own lanes you dont have revolve around. Will it be state governments . These problems. The fed should not get involved will it be local governments . Will it go to the legislature to in President Trumps enough trouble worrying about decide what to do . Price stability, maximum if it goes to the legislature does it have to be earmarked for employment. Charles and Everything Else theyre worried about these things. It is unfortunate he would prevention . Two companies settled prior to take that tact. This. To his point i think the biggest now, 200 million of that is problem the fed has they need a going to facility, a Research Communications director because facility in oklahoma at the they dont go out with a clear university of tulsa. Message. Powell has one thing. We do something, we cut rates, so thats positive, but the over next several weeks a parade question is this supposed to be punitive, meaning just to punish of fed heads walking out there, the company or supposed to help walking back, talking their own us deal with the epidemic . Book. They need to speak with onepaul, from what the judge said his decision, that number was based on what, what the state was presenting as far as what was needed to help remediate this terrible issue that is facing oak hope. Charles got breaking news. I want to share it with the audience, get your opinion on it. Former highranking Google Engineer moments ago accused of stealing selfdriving car technology, selling it to uber. These charges are coming from a doj indictment. It is an offshoot from waymo. The lawsuit from 2017, google agreed to pay waymo, google spent 245 to settle the case. The judge is recommending a criminal probe being opened up here. Anthony levandoski, he was considered a selfdriving engineering guru. We hear more about it in Silicon Valley, they are stealing technology, accused of it, going to another company. Uber, does anyone look at uber, do you know uber when you brought this guy he was potentially bringing over stolen secrets with him . There will be a lot of scrutiny on that front. That is why his relationship with uber is over. What is interesting from this case, it came from a referral from a judge handling the civil side of the case. You see this all the time, somebody leaves a company, the company sues them for taking clients, trade secrets, whatever it might be this is a criminal probe. This is a whole different ballgame he could spend up to 10 years in prison. Something to know that this can have criminal accountability, not just civil accountability in a place where Silicon Valley everybody is trying to be the first to get the new technology. Charles misty, thank you very much. Appreciate it. Thank you. Charles Joe Biden Campaign fighting a new poll that shows the 2020 democratic field tightened dramatically. The question, is biden still the frontrunner . Consumer confidence dipping in august but stronger than expected as data suggests, a lot of this data, folks we could be gaining momentum, not lurching towards recession. Well discuss that. We trust usaa more than any other company out there. They give us excellent customer service, every time. Our 18 year old was in an accident. Usaa took care of her car rental, and getting her car towed. All i had to take care of was making sure that my daughter was ok. 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Charles well the College Board is abandoning the plan to assign a diversity score to every student taking s. A. T. After sparking criticism from educators and parents. Instead the boards new Landscape Program will give College Information on each applicants high school and neighborhood to highlight students who have done more with less. The decision coming after actress Lori Laughlin and her husband are expected in court in the next hour for their roles in the College Admissions scandal. Consumer confidence dipping even though it beat estimates. Certain parts of the economy certainly shown weakness, consumers remain confident and are willing to spend. As the atlanta fed model continues to rise, higher for Third Quarter gdp rating at 2. 3 . Cot economy actually be turning higher despite all the talk of recession being around the corner . We have stratgift, michael an toe nelly with us. I was struck with the durable goods report, Business Investment part of it. Now up three consecutive months, crushing wall street estimates each time. That has been the one weak part of our gdp report. Where is this economy . Yeah, first of all, charles, thanks for having me on. I believe this is my inaugural appearance on fox business. Im honored to be on. Charles make it good. Lets ground our analogy, ground our conversation in the following analogy, okay . The u. S. Economy is like a boxer, strong, resilient. Use rocky, for instance. It can take a lot of punches lots of different ways and still stay on it feet. Lei making new cycle highs. Home revisions new cycle high. Walmart and target saying good things about the u. S. Consumer. Consumer confidence some say high level of Consumer Confidence can be bad for stocks. I want to focus on jobs plentiful to get. That hit a new cycle high. When you think of Consumer Spending and consumer drives this economy if theyre confident about getting a job, theyre confident about their spending. This boxer is still on its feet. It might take a lot more punches to knock it down. Charles on that note though, you know, you alluded to it, this is quote, unquote, late cycle, things we see late in the economic cycle, although i heard this argument for about two or three years already . Longest 7th inning ever. 7th Inning Stretch is has been going on four years now. None of us know where the economy is headed in the near term or long term, right . Most economists have some idea based on a few indicators. Ultimately anything can happen when it comes to the economy. Charles sure. When i think about it, im looking at certain data points. Leading indicators. Weekly jobless claims, new home sales. Are still at cycle highs. I think it is not late cycle. Maybe midcycle, maybe approaching late cycle, no way to categorize an economy hitting new highs in new home Sales Indicator as late, late cycle. Charles Consumer Confidence report is really two reports, right . How we feel right now. Present conditions popped very nicely. Expectations where we see the economy or, you know, six months from now that dipped. I think there is a direct correlation between at least headlines of recession and tariffs. At what. Can those headlines actually become a selffulfilling prophecy . You pot to remember the market gets really obsessed about things from time to time. It is crazy but gets crazy. Debt ceilings, in 2014 we were obsessed about ebola, caused a selloff in the market. One of my favorites. The markets can get obsessed one thing, right now it is trade policy. It is obsessed over it. Any headline leads the market around like it is on a leash. Can it be selffulfilling . Probably not. American consumer is very resilient. Go back to the boxing analogy, enough punches can knock a boxer to the ground or at least one knee. What the market would like is little less of the punches. Ie, less of that trade war banter live . You know what i mean . I dont think anybody disagrees with the notion of changing trade. A little less. Charles well give you a tko for inaugural appearance t was great, informative, we appreciate it very much. Thanks, guys. Charles speaking of consumers, most major food chains around the country are jumping on the plantbased fad. These stocks are on fire. Is it too late to buy . Enormous shocker. A new poll finding joe biden in virtual threeway tie with Elizabeth Warren and Bernie Sanders. Is his time coming to an end . My Panel Debates that next. Play it cool and escape heartburn fast with new tums chewy bites cooling sensation. Tum tum tum tums with new tums chewy bites cooling sensation. Theres a company thats talked than me jd power. People 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. Power quality awards across cars, trucks and suvs than any other brand over the last four years. So on behalf of chevrolet, i want to say thank you, real people. Youre welcome. Were gonna need a bigger room. Managingaudreys on it. S . Eating right . On it staying active . On it. Audrey thinks shes doing all she can to manage her type 2 diabetes and Heart Disease but is her treatment doing enough to lower her heart risk . [sfx crash of Football Players colliding offcamera. ] maybe not. Jardiance is the number 1 prescribed pill in its class. Jardiance can reduce the risk of cardiovascular death for adults who also have known Heart Disease. That means jardiance can help save your life from a heart attack or stroke. Plus, jardiance lowers a1c and it could help you lose some weight. Jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. Ketoacidosis is a serious side effect that may be fatal. A rare, but lifethreatening bacterial infection. In the skin of the perineum could occur. Stop taking jardiance and call your doctor right away if you have symptoms of this bacterial infection,. Ketoacidosis, or an allergic reaction. Do not take jardiance if you are on dialysis or have severe kidney problems. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Lower a1c and lower risk of a fatal heart attack . On it with jardiance. Ask your doctor about jardiance. The type 2 diabetes pill thats on it. Learn more at jardiance. Com Charles Joe Biden is the frontrunner no more, at least according to the latest new monmouth poll that has him in a virtual threeway tie with Bernie Sanders and Elizabeth Warren. What is triggering the shift away from the former Vice President . Here to debate, daily caller editor Chris Bedford and liberal radio show host ethan berman. You and i talked about this, i could see the Elizabeth Warren momentum three or four weeks ago. I am not surprised she is up there. I am surprised, sanders has hung tough, but what do you make of the Biden Campaign . This is an interesting one. He had a series of gaffs. There is no getting around that. It has not helped him at all and his approach while being conservative thus far, were very early, his conservative approach has not appealed to the younger audiences. His Approval Rating in the under 50 crowd is Something Like 6 . And so his approach just hasnt gone there. Elizabeth warren is actually reaching those people. She is exciting people. That is why she is growing in the poll so fast in her fundraising numbers reflect that as well. Bernie, on the other hand, i dont know where he is going in this campaign because i think his Expiration Date was 2016. Elizabeth warren is stealing momentum more from bernie than actually biden directly. Charles chris if you were to merge bernie and Elizabeth Warrens numbers they would be formidable. I hear republicans say they love to see a socialist run against President Trump. I think she has a lot of energy, she believes what she is saying, she would be a formidable opponent. Look at crowd size. Weve gone off of polls so many times, so misled in past number of elections. After every election we say i wonder what happened here . How could the polls be so wrong . If Elizabeth Warren is drawing 15,000 people and joe biden is drawing 50 to 100 people, that is a major problem for bidens camp. One of the things that caught my eye in the new monmouth poll is admittedly is an outlyer right now, a large number of conservatives, support of people who thought they were conservative, moderate leaning democratic voters, he lost half the support previously, going to sanders and going to warren. You wonder why would those, why would conservative or moderate democrats go to these two candidates . Joe biden as standardbearer, person who can take on trump, that appeal may be fading. Charles ethan that also really stands out here, democrats, 58 of them say it is important that the candidate support medicare for all. Biden is defending obamacare. He will defend it to the bitter end but this pushes back against conservative liberal commentators who keep telling me that the candidate wont be a socialist, but that seems to be really the dem, right, the key of any socialist campaign is free medicare. Medical, free medical system . Yeah. You know, i could argue with you on the word socialist here but definitely we have socialist policies in the united states. We have for 100 years Social Security you would call socialist policy. So, insuring medical coverage for all americans, whether it is through a public option, which would be an addendum to the can Affordable Care act or a true medicare for all, which by the way i believe people should maintain their private coverage through their employer if that is what they want. Elizabeth warren is putting a sharp edge on these points. That is why she is going down this path, winning, stealing some of that support because youre right, the younger crowd wants to hear this and warren is out there saying it. She just has the momentum right this minute. Charles chris, medicare for all being the central part of the potential nominees platform, how does that play out in november 2020 . That is testament how far, how much president barack obama changed the country. When he was running he had to hide ideas like this, even if some republicans and conservatives said that was his ultimate goal. The country was largely against it. There was electoral revolt. Now the whole tone of the conversation has shifted. Republicans have been routinely arguing on democrat turf on exactly how to get health care to all people and how we are to pay for that. Seems like a large victory for democrats n 10 or 20 years well be looking back on this, it is just a fact of modern life. Charles wow. Thank you both very much. Appreciate it. Thank you. Thanks, charles. Charles beyond meat and kfc, theyre partnering, folks to test friday plantbased chicken. Sounds oxymoron i can. The plantbased craze is on. Would you eat plantbased chicken . Tweet me cvpayne. I would love to hear your thoughts. Well be right back. If your gums bleed when you brush, you may have gingivitis. And the clock could be ticking towards bad breath, receding gums, and possibly. Tooth loss. Help turn back the clock on gingivitis with parodontax. Leave bleeding gums behind. Parodontax. Their medicare options. Ere people go to learn about before theyre on medicare. Come on in. Youre turning 65 soon . Yep. And youre retiring at 67 . Thats the plan well, youve come to the right place. Its also a great time to learn about an aarp Medicare Supplement insurance plan, insured by Unitedhealthcare Insurance Company. Heres why. Medicare part b doesnt pay for everything. Only about 80 of your medical costs. 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Thumbs up to that remember, the time to prepare is before you go on medicare dont wait. Get started today. Call unitedhealthcare and ask for your free decision guide. Learn more about aarp Medicare Supplement plan options and rates to fit your needs oh, and happy birthday. Or retirement. In advance. Charles fast casual dining stocks are absolutely on fire this year. Now, the news that kfc is teaming up with beyond meets, is many thinking is now to time to get in on the action. We have Kristina Partsinevelos and david nelson is back with us. Beyond meat is crazy or nuts or beyond impossible. Burger king, dell taco, the list goes on and on. Major fastfood restaurants hooking up. Is it that nuts though . Latest health trend before cannabis products now were shifting to alternative meat. Everybody is getting on board, despite the fact i dont eat meat. I have tried a lot of products. We dont have enough research. The fact it is processed food, canola oil, coconut oil, natural flavors, beet extract, mong a bean, the list goes on. Theyre getting on. It is helping in bring in people that normally wouldnt try a nonmeat alternative but are tasting it. It is not just vegan vegetarians. Those maybe transitioning to less meat. Charles flextarians. I didnt know that before. Is that omnivore. Omnivore you eat meat. Flex tearians i wont eat meat from monday through friday. Charles i am no that specific. Whatever is in the vending machine i keep going. What we say about the consumer, we use the retail landscape as a backdrop but the restaurant landscape might be better example of this. Shake shack is up 130 this year. Starbucks up 58 . Dunkin donuts up 35 . Restaurant brands which have popeyes up 47 . They have the hot chicken sandwich. Do you chase these in this environment . These are great companies. Some ways like starbucks, that is a value stock. Really masquerading as a growth stock. This is company that has 10 free cash flow, chipotle, growth is scarce. They learned magic ingreedent customers need, how to process the line. I dont care how long the line is at chipotle. I know it will move because they know how to process a order. Charles these stocks peaked in october of 2015. They struggled with that. Charles to october 2018. Chipotle had all the salmonella things or e. Coli things, that stock fell apart. The way they rebounded or broken out is impressive. For chipotle in particular, Goldman Sachs has a price of 1000. Their Digital Sales doubled. Theyre benefiting from traffic from delivery services. You buy your food through postmeats and Everything Else, they can charge more and getting customers they wouldnt normally get walk by stores. They help the Restaurant Brands and average hourly wages starting to increase. It could help a lot of domestic companies. Its a place to hide. If youre concerned about the economy. There are some things to be concerned about, consumer discretionary, this is safeway to do it. Charles shake shack was a dud for a long time. It ipod. It was dud for a long time. Chipotle was a dud for a long time. Starbucks was a dud for a long time. Im wondering if beyond meat makes the stocks more attractive. Before you buy the stock, eat the burger. I dont know what that was, that is something im not going to buy. Wouldnt put it in the top 10. There is no first mover advantage here. This is a category that has been around a long time. You can bet mcdonalds, every other company out there, theyre in the laboratories right now. These stocks will plummet once other Companies Come out charles are you a flex tarian. Do you ate meat . No. Charles who would have both known . Are you both scorpios . Tyson foods, they are coming out with half pea, half beef burger to get on the craze. That stock is doing better. We havent talked about the u. S. Japan trade deal. It is 1300 times earnings. I would run right out. Charles it is a craze in market, a craze in really. It really is. Were crazy [laughter]. Charles check this out, Eddie Murphys next career move 35 years in the making. Well explain that. China continues to rebuke the white house, holding firm they havent received calls from the trump administration. Can deal be made with new tariffs looming . Well break down the odds next. Hey, who are you . Oh, hey jeff, im a car thief. What . im here to steal your car because, well, thats my job. What . What . . What . laughing what . . What . what . [crash] what . haha, it happens. And if youve got cutrate car insurance, paying for this could feel like getting robbed twice. So get allstate. And be better protected from mayhem. Like me. Charles investors cautiously awaiting a potential resolution to the u. S. China trade war but will beijing accept President Trumps latest overtures to make a fair deal as new tariffs are set to Begin Next Week . Steve mosher is with us, author of, bully of asia. Steve, weve heard often china plays the long game but we continue to see their economy taking major blows. I think their economy was in trouble even before the trade war ensued. There is incentive on both sides to get something done but how do we get through the bluster . Well, charles, first of all, ive been impressed with the fact that xi xinping came out a couple months ago and warned the Chinese People they were in for a new long march. You talk about the chinese economy being in bad shape, let me count the ways. Their debttogdp ratio is over 300 . Their economy is exaggerated we believe by 15 . That means it is couple trillion dollars smaller than generally estimated. Which means the debt ratio is even higher. They have an aging and dying population now because of the misguided, moronic onechild policy, where you have a lot of elderly retiring twice the rate of young people coming into the workforce. The elderly consume more than they produce. The high savings rate we talked about with regard to china is all gone. That trade surplus we used to talk about with china, that is disappearing. They may be negative. The current account is headed towards zero. The things that gave him flexibility, to prop up dinosaurs, stateowned dinosaurs is gone. If they dont want to fall into it, they have to make a deal with us of some kind. Maybe buying something would be a start. Charles glad you brought up the consumer. China was really struggling. I was amazed, they would make 50 cents a day and save 25. Yeah. Charles that consumer moved from a bicycle to a mercedesbenz. I dont know that you can get them back on a bicycle . That is what xi xinping is saying of the original long march was this, chairman mao was forced by the nationalisted out in the south, went thousands of miles to north. Took him two years. His forces were 100,000 men. When he arrived it was 8,000. The forces were decimated reduced by 90 . When he talks about a new long march. He doesnt mean a temporary setback of recession or depression. He means a devastating blow to the chinese economy. That is what he is afraid is going to happen. He is warning the Chinese People to be prepared. Charles what should President Trump do . Should he refrain from the tweets, push off, riding new tariffs . I think that was a mistake. I think were winning this. I think at some point you have to provide president xi an exit also, some way to gracefully do a deal . Well you know, he sat down with president xi on a couple occasions. Xi made a lot of of promises to him, that have been broken repeatedly. We were close to a deal a few months ago as you recall, they walked away from it at the last minute. Theyre obviously not negotiating in good faith. These last rounds of tariffs i think the president was right to respond immediately and vigorously because china respects strength, despises weakness. So you have got to stay strong. I think chinese will buckle. I think American Economy is envy of the world. We live and die by all these little permutations of statistics that we hear every day, stock market goes up and down. Charles right, right. China is in really, bad shape, headed downhill fast. I think theyre going to make a deal. Charles steve, thank you very much, appreciate it. Thank you, charles. Charles not just china of course. President trump also making overtures to iran, signaling that he is willing to talk to the rogue regime but irans new demands, some are wondering if they are a too steep to even start negotiations. Well be right back. All right brad, once again i have revolutionized the songwriting process. Oh, here we go. I know i cant play an instrument, but this. This is my forte. Obviously, for Auto Insurance, weve got the wheel route. Obviously. Retirement, were going with a longterm play. Makes sense. Pet insurance, wait, let me guess. Flea flicker. 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And now, all beds are on sale save 50 on the 360 sleep Number Limited Edition smart bed. Plus 0 interest for 24 months on all beds. Only for a limited time. Charles iranian president rouhani backpedaling on a summit with President Trump says he will only meet with sanctions are backed down. This is rings similar with how negotiations are going with north korea. Many are wondering how could iran be different here . We have Washington Examiner senior editor, kelly jane torrence. It has been a long time. Great to be here. Charles were in this awkward position where i thought it was interesting to see President Trump make these overtures that he made. It wasnt the first time. He did it on the world stage at the g7 meeting and, you wonder, this is a great opportunity in my mind for iran to say, okay, lets meet but apparently not yet . They did have a great opportunity and emanuel macron, french president , host of the g7, invited zarif to france. I was surprised by that everybody was apparently complaining about President Trump suggesting that russia should be back in. They were happy to host zarif, the Iranian Foreign minister. This country where it is illegal to criticize the government. An economic journalist was sentenced to 10 years in prison and 148 lashes, simply for reporting what goes on in iran. So i think that iran was very lucky to have this opportunity to be invited there. And they obviously are throwing it away. They are not going to get sanctions relief. I think as you mentioned, diplomacy with north korea has proven that donald trump is not going to give away the house before getting anything. Charles there is a piece in the Washington Post that suggests that the macron invitation was victory for iran. That this u. S. Invitation was another victory for iran. Perhaps they feel they have some form of momentum. Even the idea that france or macron would invite them over, he so desperately would love to keep the financial relationship with this country going against our wishes. Do they still feel in some kind of strange way that they have france in defacto ally in this thing or all of europe . They do, its a little bizarre to be honest. I was at this event near paris last year where three iniranians were arrested for hiring to bomb a diplomat. Hired by zarif. It is so strange that france is friendly to iran. Bizarre, that donald trump thinks Hassan Rouhani is the one he should meet. Rouhani is not the ones that call the shot. Charles the khamenei. The Supreme Leader is the one that calls the shots. He can dismiss rouhani at any moment. No one can run for president unless he allows it. Charles british sent a third warship into the area. We bolster our presence in the area as well. Could we be heading to some conflict, and diplomacy breaks down and irans economy continues to sink . Regime is desperate. They cant afford to fund the terrorism theyre funding through hamas and hezbollah. United states doesnt want a military confrontation. Iran is trying to provoke them into one. That is not what america wants, thats for sure. Charles kelly, jane, thank you. Thanks a lot. Charles comedian eddie murphy, some say he is helping to save saturday night live. Many people wondering beyond this, what could be brewing for the great comedian . Those details are next. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. Its not insulin. I take it once a week. It starts acting in my body from the first dose. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. Stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. Serious side effects may include pancreatitis. Taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. Side effects include nausea, diarrhea, vomiting, belly pain and decreased appetite, which lead to dehydration and may worsen kidney problems. I have it within me to lower my a1c. Ask your doctor about trulicity. Charles for the first time in 35 years, comedian and saturday night live alum eddie murphy is set to host snl on decembers 21st. This comes amid a report from tmz that murphys currently in talks with netflix for a 70 million deal for a standup special. Could his hosting gig actually be a precursor to this deal . We know both are enough to really, really reignite his comeback, for here for sure. Brett larson, this is huge charles people are buzzing about this. First of all, im shocked 35 years have gone by. That does make me feel older than i want to feel, but, yeah [laughter] 70 million. Charles there were so many characters that he had, just phenomenal. Yeah. And remember was it the 40th anniversary when he hoed up and did a quick, a quick bit. Tmz saying hes in talks with netflix, 70 million, which that in and of itself is amazing. The standup specials thus far that netflix have paid for have gone around 20 million, amy schumer got 13 charles what about chapelle . He got 0 1020 million. Charles it was the most viewed thing on netflix. Yeah. They remain tightlipped about what their actual viewership. But these two things combined we could definitely see a comeback for Eddie Murphys standup career. I know joe piscopo was on fbn earlier today saying this is going to pave the way, and Eddie Murphys going to push the envelope. Well, we all remember well, maybe we all dont, but we remember eddie murphy raw from 1982, i want to say, which grossed 50 million at the box office. So thats significant considering that was 1982 dollars. Charles the allred leather outfit [laughter] comedy, i dont know that comedy has changed, but society has changed. I think half the things he was talking about, he probably couldnt even use those kinds of things anymore. And this is going to be interesting, because netflix has been a safe harbor from a lot of criticism for these standup specials. Theyre popular with the people who already like these comedians, so people who already like eddie murphy are going to be watching this. If he plays it close to the edge, people are probably going to be okay with that. Charles hes definitely got Beverly Hills cop, one of those [laughter] thats been on his wall for a long time, in case of emergency, brake left. There could be more. And there are also talks that hes going to do coming to america 2, that has been theres been grumblings about that, and i say, listen, if those tickets sell, make the movie. Charles arsenio hall is somewhere saying, please do it. [laughter] his phone hasnt rung in a long time. Thank you very much. Major breaking news, this according to an nbc news report, per due pharma and its owners offering to settle more than 2,000 lawsuits against their company for up to 12 billion. This, of course, comes a day after an oklahoma judge ordered Johnson Johnson to pay 572 million for the opioid epidemic. Were going to pass it on to Ashley Webster in for liz, and ashley, im sure youll be looking further into this. Ashley we will, indeed. But lets begin with this, it appears a case of crossed wires has the market perhaps a little confused. President trump arriving back at the white house last night after saying china trade talks are back on while he was at the group of seven summit in france. The president meeting with fellow World Leaders over the weekend, but it was his optimistic comments about china trade talks that sent the markets higher yesterday. Today the chinese refused to confirm any recent trade conversations. Well have more on that. And Edward Lawrence is live in our studio to sort through all the rhetoric. Good luck with that, edward. Former u. S. Ambassador to the european union