Transcripts For FBC Cavuto Coast To Coast 20160620

It will be. 1 rally is where we are. A lot of this is about the u. K. If you look at the polls over the weekend, we saw the shift against leaving the European Union. The state crowd over there is winning the day. We have heard this over and over. Dont rely too heavily on the pole over there because in the past they havent been the most accurate in scotland and other things. More than a trillion dollars investment and trade, there is the potential for some big time market fallout from the exit code in Great Britain and we are going to ask the wall street titan bob dole about that. Lets get started here. We will see you. Youve got some people to come on and tell us this about and it could really, if it doesnt go away, you could be headed for some sort of real Global Economic albums. And anothe starting to emerge that we are making too big of a deal. The story of today would calm down a little bit. Which camp you fall in . In the near term, the camps as we are making to much ado about not nothing, but a big deal. Longer term is another step in the road of whats been going on around the world. Populist thinking that says if we border comment if we questioned Foreign Trade, that is better for me. Im not sure its really better for anybody. Thats why if this happens, brexit, its a negative. Connell the poll seems to be going the other way. The fear is other countries follow. You dont think that would be a big deal in terms of how that would affect free trade. We will talk about immigration which seems to be the other issue. In terms of economics, free trade is a big issue. Its a big issue and it has to do with the countrys willingness to let other countries do what they do best and they focus on what they do best. When the world is growing, typically imports and exports, Foreign Trade of the fastestgrowing parts of most economies has not been the case of late as this or do beggar thy neighbor and played myself has been the order of the day. There are p parallels between the political conversation we have here in the united state, especially if we stick to what you and i are talking about, which is trade. The market up with a rally in the dow in oil of that today. Looking at it right now. We see the risk assets going up as much. Does that make an argument against what donald trump has been saying on the other side of Bernie Sanders that the antitrade comments. Is that essentially defeating our going against their argument . I do think it is part of the success of a populace some in europe and Bernie Sanders and donald trump in the u. S. Is around these kinds of issues. And includes immigration, but its also about trade deals. The feeling that i am for fair trade deals, but we dont have any fair when does donald trump keeps saying he guess we need fair trade. That is a more nuanced issue that will shut down our borders. America first is almost like Great Britain person someone is putting your own country first. The idea is the same that insight with their money, investors say its not a very good idea. Agree. Investors know that growing global trade grows economies and that the monkey on the back of every country to do what they do best and just keep Getting Better so people dont take it away naturally. Connell anything big investment wise that you would be changing this week before we let you go . Not a whole lot. The polls have shifted a bit. Now we are kind of back to where we started. Connell good to talk to always come up doll. The other one is certainly immigration. Theres anger of the migrant crisis driving a lot of what led up to the vote in the u. K. One of the big stories today as we have one of the top conservatives in Great Britain switching her allegiance from being in the person to ask a person. Baroness morrissey is her name. The accusation is people are for the evening, that they are spreading hate and xenophobia to win more votes. We join now by a member who is with us. Basically same people who support this idea of leaving are racists. Would do you make of that . Its the opposite of the truth. Those of us who want to leave the e. U. With global britain. We want a United Kingdom, that is, pursuing its traditional language and custom and kinship and hadnt interest linking us to every continent. We dont want to be shackled to my declining trade bloc. We want to raise our eyes to more distant horizon. Protectionism and ill couldnt be further from the truth. Our problem is the key u. S. Protection in. It stands in the way of a more global liberal trading arrangement. We are at maritime country and they want to break loose and have a more open economy. Tell me the conventional way of thinking being supported in the way markets are reacting. That not necessarily justification. Theres not necessarily right or wrong to market. People with their money are betting that if the u. K. Stays within the e. U. , that is better. Part of the rationale are saying that is because you still have open borders and free trade as a result of that. Markets always like stability. Markets a change. There is a Market Recovery and today because the areas a longstanding globalist tradition, free trading internationalist tradition of great. No ones talking about closing borders. We want some control over who comes in. We are grubbing economy was still primary economic migration. Certainly the case for a different deal, different relationship with the e. U. Keep the free trade with europe. At the moment because the moment because it controls our external trade policy, we cant have a Free Trade Agreement with india, canada, you because brussels controls those things and whereas britain didnt inspire free trading globalist, were held back by the protectionism of the italian textile workers and other vested interests on the continent they dont want liberalization. Connell you want to add to your own interest as opposed to putting up with what other people are saying. Then they go back to immigration where we started. Again, not us americans, but we are having a political season in our election season. We are building a wall and the immigration turned to be a big political issue here. What is it about in europe. Is it about terrorism . Control . What is your concern about the open borders. People going country to country within the e. U. It is about control. Of course you can find some people in britain that would agree with donald trump. Weve got the channel. But this is not about closing our border. We have had immigration every year. We still have labor shortages in my constituency. What we found is there are cases even where theres individuals involved in crime are radical islamism, we are not able to deport them because they call in and say this is violating their rights as e. U. Citizens. I am someone who is basically proimmigration and liberal on the subject. If im going to win the argument, if i will carry my constituency with me, people ask in return that we should be in charge of who comes in roughly what numbers. As long as we are in the e. U. , they have no such things. Connell finally, it looks like from the polls and as i said at the outset of the top of the broadcast, and scott and theyve been off in political stories here many times. How does it feel to you . What does it look like on the ground . As i can answer that question for sure, i would be a millionaire. I dont know. It will come down on the day to turn south. It is very close. Weve always been the underdog cage. Is difficult to carry people. Weve had to make a bank said the multinational to the other side because it is than to have the cartel at the brussels regulation. I think weve got a better song to sing. Thanks for sending it to us today. Thank you for giving us your side of it. Daniel hannan, member of parliament. Lets go back to markets. A nice rally. 196 points to the upside. But spring nicole n. , Nicole Petallides on the floor of the new york stock exchange. Good afternoon, connell. As you mentioned the rally we see up 196 points. One good day on wall street could erase all of last weeks losses. The last 190point last week and now were up 186. Heres a look at your best performers on the Dow Jones Industrial on the Dow Jones Industrial average. First of all 28 of the 30 names have been in the green. Lets take a look. Boeing, intel, nike, Goldman Sachs leading the way. Lower than goldman gaining more than 2 while intel and nike did more than 1 with financials, consumer shares doing well, energy and technology. Wanted to bring in british counterparts across the pond and have those stocks faring. 3. 3 . Barclays up 7. 8 . Royal bank of scotland up 7. 6 . Financials in particular have been very volatile, particularly those with exposure to britain in particular, but overall the group has been swinging wildly and now we see financials abroad and here at home doing very well. Thank you. Nicole petallides at the stock exchange. Lets turn to politics. U. S. Politics, not the u. K. Big story today and donald trump comes out this morning and has dropped his Campaign Managers. Whatever you want to call it. Cory lewandowski about is that camp trumping Trump Campaign manager. I dont know that it was a shocker that lewandowski was removed it maybe the timing today. Interesting that it just came out. The polls havent been kind, but what you know about it . Polls havent been kind. A lot of top advisers were shocked at the timing of this. Gary bennett on here was stuart kind of learned of it as we did. Cory lewandowski was front and center in this campaign. Had scribbled famously on the office whiteboard that trump the trump. Now the Presumptive Republican nominee has spoken. Lewandowski the controversial but Successful Campaign manager for donald trump no longer what the campaign as a mention. There have been rumblings for weeks about infighting between the white house he from day one after he walked down the escalator and Paul Manafort who has been present to campaign chairman. Both lewandowski and manafort has been locked in a my way or the highway type rattle. It was the trump children who were able to convince their father to dump the lewandowski and because of that was the one who by now. Gary bennett told Stuart Varney little while ago that the shakeup will signal a change in town, that he believes that trump will still be trump. Listen here. Certainly the tone of the campaign will change. I would be surprised as mr. Trump is suddenly someone different. Hes not going to be. Thats who he is. Reporter the campaign didnt call this a firing. Ill give you a little bit of it. The campaign is grateful for his hard work and dedication and we wish him the best in the future. However, just moments after the news came down, it apparently played out on twitter team, dawn, the witch is dead. But the point of this, as you put it, this would i heard what he said to stuart. This would signal a lot of peoples minds. We will see a shift in the change, whatever you want to call it. Train to manafort was the outside guy. Lewandowski had been working with the campaign not only from day one publicly, but even before that. Youve got him victories in the primary and then came on towards the tail end. Here we are in is not necessarily donate, but it appears that manafort one. Connell blade, thinks blade, thanks. Well come back to this in a little while. Great report and as always. Return to the breakdown at the border in the u. S. Talking about the u. K. Earlier. Well talk about that next. I meant the weather, this heat wave is fatal. Thats what its been in the southwest. More transcendent in just a minute. More transcendent in just a minute its here, but its going by fast. The opportunity of the year is back the mercedesbenz summer event. Get to your dealer today for incredible onceaseason offers, and start firing up those grilles. Lease the e350 for 499 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. You stay up. You listen. You laugh. You worry. You do whatever it takes to take care of your family. And when its time to plan for your familys future, were here for you. Were legalzoom, and for over 10 years weve helped families just like yours with wills and living trusts. So when youre ready, start with us. Doing the right thing has never been easier. Legalzoom. Legal help is here. Okawhoa ady . [ explosion ] nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. By switching to xfinity x1. Rio Olympic Games show me mnastics. X1 lets you search by sport, watch nbcs highlights and catch every live event on your tv with nbc sports live extra. Im getting ready. Are you . X1 will change the way you experience nbcuniversals coverage of the rio Olympic Games. Call or go online today to switch to x1. Connell the border breakdown in the u. S. About the Supreme Court decision deciding the fate of president up on his immigration plan this week. But also at the same time, hearing reports of illegal sliding into the country at a much higher pace. The surgeon this year has already passed last year. Similar time periods are higher this year. Hes pushing for a crack down at the border and joins us now from capitol hill. Why do you think the numbers are higher this year . What is behind the search . You see folks with an immigration policy that we are not enforcing laws on the book. This guy gets elected that its going to get shut down. You better get in ahead of that just in case. On the Supreme Court case, part of days you have a policy that would allow people brought here when they were younger, when they were children illegally and now they want to stay. Thats a big part of this. Your point of view, whats wrong with this. Why should they be allowed to stay . You need to enter this legally. As we get more and more people to enforce the laws we have on the books, and invites the people of that time. The children are a tough case. You see mothers putting babies as young as two months old in the hands of strangers to bring them across into this country. That is dangerous. Connell to the pobeing a toughs going to politicize it, but you have people say what are you doing here. Or is this an issue republicans can capitalize on . Border security is the important issue. What we do things, everybody learns if you break the lie you can get away with it. We cant send that message. Weve got a tree folks with compassion. The across the southern border that grew up in this country. The American People are willing to deal with legalizing folks and tell we have gotten to the point of border security. Why change immigrationon law ife are not going to bother to enforce it to begin with. Connell what you think is happening earlier in the u. K. This european debate they are having a sweet kind of parallels our discussion a little bit. They are worried about the migrant crisis, which is different than immigration. The two are a little bit of related. Its a global discussion everyone is having. Europeans complaining to get into one country. You get into mexico. You can come pretty much in move freely in the United States because we dont bother to enforce the border. We are saying middle eastern, the bad guys and of course not all of them are, but the bad guys know that you can cross easily into the United States through the texas border. Connell that is where the issues come together. Congressman condit thank you. Thanks for coming on today. 30 million americans at risk and the record high heat. 120 degrees. Thats crazy. Details coming out. On how to play the major volatility that we are expecting to continue throughout the week on wall street. For the moment, a nice rally thanks to the discussion overseas. Back in a moment. When a moment turns romantic why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. 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You got to be inside where the air conditioning is happening. Look at these temperatures. Earlier before the break, 123 year for phoenix at 116th in the heat is going to remain in place for the next several weeks. Not only the southwest, but moving into the southern and central plains, ca might take time to summertime which is started. Temperatures in the 120degree mark across the southwest will continue for much of the country as we head to wednesday and thursday. Summertime is here. Phoenix and close attention to you because you set a record yesterday of 118. The thirdhighest record temperature yesterday on sunday at 118 degrees. Monday today much the same at temperatures well over the 110degree mark. You also mentioned the wildfires he added that is not helping situation across the west with 17 buyers over 100 acres burning across the west. Connell is really unbelievable. Weve all been up 100degree weather. The difference between 60 degrees and 80 degrees is huge. The difference between 100 have you ever been a mac . I have not. Ive been out to california. Ive been to phoenix in the winter months. This is dangerous heat for them. Connell you literally cant go outside. Janice, thanks. Lets go back to the markets. The other big story today is 188 to the upside. We continue to rally and more on what has been happening. People have a lot of cash. We will talk about what that means and whether or not they will put it to work, now. The last time we looked. Almost all of them in the bottom two. We will take it. We will be back. More cavuto coasttocoast in a moment. To see 7. 95. [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Connell back to the market rally here today we are still seeing it. 195 to the upside on the kao. Certainly more confidence it would appear if the britain stays in the eu. Theyre looking at polls but they seem to be thinking that way. With that said, i mentioned before the break a lot of people staying in cash, which is interesting. What do you think of that . Thats exactly right. It appears to be a great day on wall street, the dow up 200 points, and it is. And all the sectors, hi, with the exception of utilities. The Bigger Picture here is you do have jitters on wall street. So much so that investors are sitting on the most cash that theyve seen, the biggest cash pile since november of 2001. Even the fund manager, bank of america, Merrill Lynch also noting that theyve upped their cash making it 5. 7 of their portfolio. They just put out a note titled no bulls on bear mountain. So while people are making some money and trying to make some investments, amazon, for example, is up 60 in over 52 weeks, facebook, and even Asset Management and we just said recently has been noting even right now in the shortterm, theres this frenzied environment, a period where now Brexit British exit from the euro zone front and center. And thats the thing this week. Well, weve had so many other issues over the last year. Connell yeah, bob think so were getting carried we with this. Well know next week. In the meantime lets move on to trying to cover this story from as many angles as quick. The members of the European Union are worried theyve said over the fall out if the uk were indeed to vote to exit. So we have sent adam shapiro over to berlin on all of this separation anxiety. Adam. And, connell, here in germany, the eus largest economy, people are watching over the English Channel to see how the uk will vote. But german politicians are now weighing in. Just last night, the foreign politician here mr. Stein meyer said should the uk vote to leave the eu, we would be losing a country and the history and the conditions. Angela merkel weighed in a little bit more and then of course the finance minister coined the phrase you are either in or out. In is in, out is out. Merkel said it would be a miracle if berlin would come without economical disadvantages. She did say it would be to the benefit of all of us. So we came here to the gate, a tourist attraction in the center of berlin, but also a place where berliners congregate, and we spoke to one the other day who told us he thinks the english will stay. But its very close. Heres what he said. Theres the sense of patience with england leaving the European Union. First of all, economical reasons, and i think were in turn going to suffer. And to give you a perspective of how other eu leaders are responding, the finance minister in france has actually spoken that the english need to stay in the eu. And of course its the french who have historically opposed the english, their original entry that the eec. And then of course in spain you have a call for a greater unification of europe should the english leave with the eu, the federal government of the quote United States of europe taking on even more powers. So european leaders are watching all of this very closely. Connell. Connell of course. It really is a fascinating story. Adam shapiro live from berlin today in germany. Were going to go to the orlando story as we did earlier today get more details on the shooter, fbi says, for example, that isis did not organize the attack in orlando, and it was kind of a domestic radicalization. One of the things that came out. Theyve been releasing the transcripts of the conversations had between the Police Officials and this shooter. Colonel tony shafer r is with us. And, you know, its interesting. This whole idea, tony, that it was not organized specifically by isis. You know, its the lone wolf versus the how much does that really matter in how we all go after this . Well, it matters for two reasons. First for being lied to. Isis announces three days before the event that theyre going to attack florida and florida is attacked. Im an Intelligence Officer and that tends to draw attention to the fact that they announced it. Secondly the fbi ill be blunt. Lying. This guys had a lot of international travel, they cannot aaccount for. He went and did things during that time we dont know what happened. So, again, the fbi while they may not know or confirm if he had it or not, they cannot deny it. So simply the absence of proof does not mean so this is where i think thats could i quiet an acquisition. He started lying, the fbi is lying. Youre sitting there purposefully not telling us the truth on that obviously. Why is it bad as opposed to they just missed something or have made doing it in a way that they disagree with. Why do you think theyre lying to us . Because the same thing that happened over the weekend where they put out this doctored 911 series of tapes where they redacted for and ive talked to several components who catherine herridge, by the way, who have never seen a redaction of a 911 call ever. Especially by the fbi. So the fact that you see t this efeffort going on behind the scenes to say nothing to see here to actually go about removing radical islam from the verbiage i cant imagine is totally insane. Connell so just to be clear, i was talking to someone about this this morning. He said i pledge allegiance to leaders of eyes. That was all taken out; right . Thats correct. Connell whats the logic on the other side . Why would that you do . Why would you even well, im trying to put myself in their shoes and theres absolutely no reason to do it. What theyre saying theyre doing is we want to divorce the idea this guy acted on islam. Im hearing from my friends inside of islam the more you deny the existence of this radical element, the more we all get painted by the broad brush. Instead of saying, look, theres this one small percentage thats doing, people generally by this kind of nothing to see here, that doesnt work. It bleeds out to cover the whole thing. So i work with groups who do want to see violence moved from the muslim religion, Association Muslims of london and theyre appalled by this attempt to remove the fact that you have radical elements within the ranks trying to basically poison the whole religion. The more you deny 2 it, the more it gains ground for this to poison religion. Its totally insane. Connell but the point of an investigation putting together you dont see any louisa hodge to it leaving Something Like that out. Look, im a trained investigator. You dont deny material factors fran investigation. And you certainly dont go about trying to change the publics view especially when youve asked the public to come forward with information, materials to the investigation. You want to have the most precise, clear information provided to you. Connell if it were an auto tape as opposed to a transcript, they could say they dont want propaganda out there as opposed to a transcript. You could say that. The problem is this its not. Theyve released a transcript, which is now notebook to be doctored. Which, to me, is appalling. And let me be clear about this issue. Dealing with the fellations on this issue, its been appallingly hard to get to the fbi. I know someone who called the fbi to provide information, and they were hung up on three times. So the fbi is not in its brightest moment right now and what im saying right now, just so you know, ive expressed my displeasure to members of the fbi. Connell they are under staffed. We have to go right now. Thank you very much for coming on. Thanks for having me. Connell the other political story involves, say, Hillary Clinton today and wall street. And the two working together possibly in a Vice President ial or running may the peek for mrs. Clinton. There is someone that wall street so not hot on. Wall talk about that coming up. But ill tell you wall street pretty hot on today. The stocks were up 196 on the dow. Back in a moment i dont want to live with the uncertainties of hep c. Or wonder whether i should seek treatment. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients. Whove had no prior treatment. It transformed treatment as the first cure thats. 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Looking at both cigna and anthem today, this as we got news that trust regulators are concerned about this proposed acquisition of cigna by anthem in that their concerns relating the two together wont actually maintain industry competition. We are seeing cigna down a buck and change. While anthem is gaining 79 cents at this time. Both over 52 weeks are laggers. Down almost 20 and anthem down 20 as well. So they do remain under pressure as the administration continues to step in to propose business deals. Such as baker how do you see, pfizer, staples would be other examples. More cavuto doughs coast coming up after the break connell now we have a wall street warning for you about warren. We talked earlier about politics, we were focused on donald trump and the story with Cory Lewandowski being out as the Campaign Manager but what about clinton and who she may pick . There are some on wall street uneasy about the idea that it might be Elizabeth Warren. Some of the big bankers, westwood joins us on the fallout. And maybe the donor backlash on this which is what it would be all about; right . Not a lot of friends present day from the wall street banks. No. Warren has been antiwall street on the left, created the Consumer Protection bureau, she wants to strip wall street for parts essentially. In the primary even in the face of a robust progressive challenge, Hillary Clinton did not move as far left on this as she could have, you know . She was not a vocal critic of Campaign Finance laws, she did not want to reinstate while her husband repealed in the primaries thats typically when you see candidates move to the outer wings of the party. Connell right she definitely moved left to certain issues. Not as far. Not as much as she could have. She tempered her stance. Connell now, on this pick of a running mate, do you think that the the wall street money is going to drive especially and now we may see it flipflop to some degree more. May support a democrat, which is odd than donald trump. I dont know. Well see how the whole thing plays out. Trump is going to get money from these places as well. But will she be looking to please those donors . And and these f so, is it somebody else like cory booker . Or somebody else i dont know mathat i can see more sense than warren . Right. Well, she certainly wont be looking to angry of those wall street donors. Connell no, so that eliminates warren you think . You know, Elizabeth Warren does have some attributes. She appeases Bernie Sanders supporters, for instance. Connell right . But there are other candidates who can check that box, like senator brown of ohio and in addition to the fact massachusetts has a republican governor. Charlie baker. So if about liz bet warren would become Vice President , charlie would have the chance to connell yes, thats an issue for a number of the senators being considered by the democrats. Let me ask you for a quick take on the lewandowski story. Cory lewandowski is out on the Campaign Manager but the point is hes out. What do you whats your read on this in terms of how much, quote, unquote, trump is in trouble on the polls, have not been looking great and, you know, obviously they decided the change needed to be made. Will it be a big one . How many times have we said this . A different donald trump now do you think . Its the sure sign that hes taking the primary from the pivot to the general election seriously. He recognizes there have been some problems with this shift in tone to the general election, which he needs to make. Hes acknowledging his critics pointing out that, you know, his poll numbers are beginning to fall in some of the key swing states. He needs to make a change and letting Cory Lewandowski go is telegraphing to republican in the record that he may be taking advice seriously. Connell a more formal candidate i dont know if serious is the right word but i dont know. Well see. I guess the next few weeks. Thanks, sarah, appreciate it. Sarah westwood here with us on politics. And speaking of trump, were going to talk in a few minutes about apple. And apple seems to be cow tailing to china and sticking it to trump. Two separate stories coming together. Stay tuned well be back this is your daughter. And she just got this. Ooh boy. But, youve got hum. So you can set this. And if she drives like this, you can tell her to drive more like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont worry, mom. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. Premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual deductible fund™, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Connell so apple pretty big story today that its pulling back assistance to the Republican National convention in july. So no apple at the Republican Convention. Deirdre bolton is here in studio with me and its kind of interesting. What caused teem drop out. It is interesting. Well, well get to the reason in a minute. But its just worth noting that in the past apple has supported we should make a note of both sides. Connell right . Lets say democratic party, republican party. Connell yeah, so this is about trump. It is about trump. Completely about trump. Connell in other words, it wouldnt just be the party. Yeah. And donald trump really has singled out apple. I mean he slammed the ceo tim cook on the encryption debate. We all remember after the San Bernardino shooting. The killers iphone could not be unlocked and apple said thats not our role. Let the fbi do it, in which case the fbi ended up going to an israeli subcontractor basically to crack the code on that phone. But donald trump also singled out. Apple saying they have too much of their labor force oversees, fox con in china, so he has gone hard at apple versus the other companies. Connell were having gordon on, gordon chang and thats one of the things well talk about is china because it is interesting to see apple having an issue with trump but not necessarily having an issue with, say, human rights in china. Which is a calibrate point. Selective as far as profits go because of outside of the u. S. For apple, china is the next most important company. And you remember in the last set of results that we saw from apple, i think it was their first revenue decline in something, like, 13 years last quarter. And the reason for that is iphones werent selling as much as they had hoped. I want to mention the other tech companies, facebook, google, microsoft, Mark Zuckerberg has taken swipes publicly at donald trump. Facebook still going to go to the rnc. Still will google and so will microsoft. Connell they will all be there. They will all be there in cleveland and apple has not yet said anything about philadelphia. Connell okay. Fair enough. I want to ask you. You let us talk about facebook while youre here. They have this Shareholder Meeting today. What are the big issues were looking at . So the big issue is what to sensor, how to sensor, should they sensor at all . And normally we wouldnt even think of these things except there have been two live murders. Connell broadcast on facebook live. Broadcast and now we know now the 911 calls from the orlando killer, he was texting or speaking of his wife is this shooting trending on facebook . So facebook, listen, wake up. Start to figure out what is worth censoring, what is worth taking down and what is not because ive had conservative bloggers on my show who say you know what . My stuff gets pulled and censored, but youre allowed to somehow have a Live Streaming of a murder on the channel. Connell right dont tell us you cant catch it if youre catching other things. Right. Now, this is scary video were about to show of an employee at disney world fending off an alligator from just feet away and this is from a few years back. And, you know, there was see this . Theyre using getting the alligator from one of the famous rides at splash mountain at disney world. So obviously with what happened with the poor no. Its horrible. Youre a parent, im a parent, thats pretty much the worstcase scenario. Connell yeah, but they knew obviously there were alligators before. As we said before, anyone in florida knows. I think disney is going to get sued for a ton of money. This is an old video. Theres a lot of firsthand accounts over the years, Something Like tourists from that lagoon where that poor little boy was snatched. Tourists dropping off bits of hamburger into the lagoon. So the alligators were at least not prevented from coming close. And then the issue of signage. Youve talked to your guests about it. Connell yes. But nothing that said please be aware, aggressive alligators. I mean it just kind of was, like, these vague no swimming signs. Connell yeah, i was speaking to people who talked to the judge about it. Judge napolitano, and he said they would be sued and also they would probably you wouldly settle Something Like this if youre disney, its horrible to look at it from that perspective. Yeah. But the parent perspective, i mean obviously i hope they sue. I hope they get money but its never enough. Their lives changed forever; right . Connell good stuff, deirdre, what do you think of the rally . A little rally. We definitely needed it after last week. Connell i dont know if i believe these polls or not because people were saying theyre wrong about scotland. Maybe wrong about the uk as well. Well watch you tonight. Thank you very much on risk and reward at 5 00 p. M. Eastern time here on the fox business network. Now, as we continue here on cavuto coast to coast, we have much more for you in the next hour. Yes, we will talk more politics. A brandnew National Poll is coming out. In fact, its due out at the top of the hour on the president ial race. So as soon as it is out, we will tell you the numbers. Trump and hillary. How are we doing . Governor Mike Huckabee also coming with us, well talk more about that and the news of the day. 200point rally reacting to signs that the voters in the uk may stay. In other words, remain in the eu. Are they reliable signs . Hoar on that. And all the big stories ahead as cavuto coast to coast continues well be right back. Connell were talking a lot about the United Kingdom today and our markets love whats happening over there or what may happen over there. 208 point rally on the dow right now, the vote is that the United Kingdom stay in the eu, all the, jp morgan, wells fargo, all up, and on the other side, the british banks also nice rallies in todays trading here and there. And our question will be well, one of many questions, are they all getting ahead of themselves . Were going to talk about it this hour. The second hour of cavuto coast to coast im Connell Mcshane filling in for neil today. Its good to be with you. And this fall out from the vote that well get later in the week constituents certainly beyond stocks has a lot of politics involved and Ashley Webster knows better than most everything thats involved. Hes over there in london covering the fallout. Ashley. Yeah. Connell, you said maybe odds go up stay in vote. Bookies, one of the bookmakers companies 72 will stay, another company has 83 . I think its fair the stay in campaign has certainly gotten a little momentum or maybe its the leave campaign losing their momentum. Of course we had a somewhat of a shot down campaigning in the wake of the dreadful death of labor joe cox. We also had a fairly high profile conservative member who was for the leave campaign who now has decided shes for the in campaign. Based on somewhat controversial post that was put out by the uk independent party, their leader. Nigel it shows a large amount of migrants moving through europe with the title the breaking point above that. And then saying this is why the eu has failed us. People have called it racist, others have called it disgusting, racist, whatever you like. Either way, some of this i think certainly has helped me stay in campaign. Richard branson today coming out for the lets stay in europe campaign. The league, English Soccer League saying we need to stay in the eu and several other high profile Business Leaders. Now, lets hear the other side of the argument. Im joined by steve hilton, he was the one time and long time adviser to british Prime Minister david cameron. Steve, thanks for joining us. You are an absolutely adamant that the u should get out of the eu. Are you feeling a little disappointed . Do you feel like youre losing the momentum . I think that this country right now is 50 50 country. I think this vote is on a complete knife edge and youre going to get a little stories every day of a campaign and there will be moratorium. But i think the real story is the big argument thats going on. And on the one side for those who want to stay, theyre trying to frighten people with the idea that if britain leaves the eu, there will be an economic risk. But the real argument on the other side is actually much deeper than that. Its not really about trade or economics, its about a fundamental question, is britain a self governing country that can make its own laws . And its own regulations and rules . Or is it part of a super state thats run from brussels by bureaucrats and technicalcrats that are not run by anybody. Let me ask you this, steve, is nigel harpooning your efforts because hes perceived as being somewhat right than you would like to be. I dont think so. I think that its a Broad Coalition on. Youve got parties on both sides of the argument and i think whats going to happen tomorrow is intensity of the campaigning precisely because theres been a bit of a break, and i think those Big Questions of who actually governs our country are going to come to the fall. Youre an optimist, arent you . Well, i am because i think in the end, people as viewers in america will really feel really strongly believe in democracy and thats what this argument in the end is all about. Steve hilton, thank you so much for joining us. Appreciate it. So there you have it, connell, perhaps a little bit of a momentum for the stay campaign. But a day is a long time in politics. We know that. We still have three days to go before the people here in the uk finally go to the voting booths and cast their ballot. Connell yeah, i was thinking the same thing. Some poll could come out tomorrow and the wole whole thing could be going the other way. But today, the markets like it and speaking of which were seeing a big up day on wall street, and its kind of interesting. We saw the seesaw market last week. But thats a nice rally. 208 points; right . But one thing is for sure. And i think ashley gets to this point when hes talking about the uk. Volatility, that looks like it will be the theme of the week. Quite a volatile gold chart that were even looking at there. Maybe thats a safe haven if things go the other way. Well, anyway gold is down today, al joins us. How should web playing this week . Kind of an interesting week, allen. Well, im old school, im going to focus on the forecast, we saw the market sell off last week, but vix reverse, gold revenues, and we saw treasuries reverse as well. So that all bodes positive, were seeing positive today but whats very interesting is that spike in the vix we see of last week, the highest points since february, the price action wasnt nearly as negative last week when it could have been seriously down, and it did make a nice come back. Connell is there anything else so is it all of our guests have been focusing almost exclusively on uk news. Anything else thats on your radar today or is it just that this week . Well, thats where were hyper focused. Weve got earnings coming out on the fourth of july holiday. So if you look at brexit. If you look at the markets, there are Prediction Markets and those last week even before this bump were staying at 60 . Connell right . So even we had that explosion last week, mathematically it wasnt that much of a concern to the market. It was just an extreme pop and what weve seen in history, the vix have been trading between 12 and 20. Every time it pops between 20, it gets whacked back down. So were back below and down 10 today. So that would go positive for the overall trend of stocks. Another push from 2120, could get another move. Those markets above 80 . Lets go to breaking news as were getting breaking numbers, a brandnew University Poll and it shows that Hillary Clintons betting donald trump by seven points. Sevenpoint lead for clinton among registered voters. Governor Mike Huckabee is here with us. And that follows the trend of the last few polls. What do you make of this race . Its way, way too seller to start seeing anything of it being settled in concrete. At this point in 1980, jimmy carter was wiping Ronald Reagan out. In the year 2000, it was al gore. Year 2004 john kerrie was going to beat george w. Bush. So all we have is this little snapshot. What happens over the next few weeks and particularly from the convention forward is whats going to matter. Right now polls are interesting but theyre not very revealing. Connell right and the understood fair point. Youre right. The historical precedence there. The trend, though, has not been Donald Trumps friend the last couple of weeks and there have been what many described as unforced errors by mr. Trump. I dont know if you would agree and if thats what you think is going on with Cory Lewandowski out as Campaign Manager. Well, one of the that thing teaches us is donald trump is a man and he has folks that served him well but not serving him as well as he wants them to, he lets them go. A lot of americans say by gosh we would love to have a president who would fire someone at the va when they didnt take care of the veterans. They would fire is someone at the irs. Connell im going to challenge you on that, though. Theres one key difference in this. I may be wrong but lewandowski to me is a let trump be trump guy; right . So youre essentially firing a guy or dropping a guy who wants you to be yourself. If you look at it that way. That doesnt speak that doesnt say things are going great; right . Connell, i dont care who they hire, nobody is ga keep donald trump from being donald trump. Thats the one thing weve all learned over the past year since donald trump got into this race. Hes going to be who he is, hes going to do what he wants to do, and maybe that was where cory put the focus. But i think youve seen the same kind of emphasis whether its with paul or anyone else on the campaign. They realize they have a very unique candidate and theres no point in trying to put a you know, a bit in his mouth and guide him around like a pony around the stall. It aint going to happen. Connell well, you think of any job youre in. The first advice that someone gives you thats been in the job longer. Almost everybody says you know what . Be yourself. Thats what they always say. And now the opposite is being talked about with donald trump. This thing needs to change, he needs to pivot, he needs to be this, he needs to be more serious, he needs to read the teleprompter. He may not be a successful candidate doing those things, will he . No. Hes got to be who he is. The authenticity of donald trump is the reason he is where he is. I said throughout the campaign where people are saying i dont understand this guy. How come hes doing, well . Because hes saying at the podium what a lot of people are saying at their kitchen tables, just saying it in private circles. Connell are enough people doing it . Thats enough to win a primary as you know. Yes. Remind me of that. Yeah. [laughter] thank you very much. Connell you know . But is it enough to beat Hillary Clinton . He won with a bigger margin than any republican in history. Connell i understand. Right. Thats the republican primary. Are there enough people with that strategy . Because now, again, this story is he needs to change, he needs to broaden it out, he doesnt have enough support to do it. Hes losing his battleground states, the poll is the most recent to show that. Yeah. I think theres a difference between saying he needs to change, and he needs to broaden the perspective, the person. Connell how do you do that . Well, you hire people to organize in the states. Theres still some oldfashioned Campaign Fundamentals that have to be done. Some of this is blocking and tackling. He hasnt had to do it up until now. I think Going Forward he needs to do more of that. But thats not so much what he will do. Thats what his people will get done. Connell so you think a lack of organization is it fair to say has hurt the campaign a little bit . As opposed to changing the candidate. So what he makes fun of the Hillary Clinton staff for being hundreds and hundreds, and he has only a few. Shes grossly overstaffed a lot of these campaigns get so much money and feel obligated to spend it all and they get elected and spend all of our money and keep raising taxes. Frankly if donald trump could get elected president on the fraction of number of people that hillary, it would bode well for his presidency. Lets pray to god that happens. Connell can i ask you about the uk. We were just talking about it before i let you go. It seems there are parallels in the conversations happening over trade and certainly over immigration. What do you think happening over there . I think no matter which way this vote goes, the more significant thing about the vote is that it is happening. There are a significant number of people in Great Britain, maybe not, but a significant number that are tired seeing the loss of their country, their culture, their way of life, and thats what they say see. You go to europe, and you dont recognize it as european. There are places in europe, you look around and say where am i . And i do believe that this is something that sort of may be foretells what a lot of people in america are experiencing. They like their country, their culture, if people want to come here and assimilate into this culture, great. But if they want to come here and turn us into a sharia lawabiding culture, the assistance no. Connell are you on the leave side . Not that you would have a say in it of course but i know trumps weighed in, for example, and said that. Yeah. I think people of the uk will make the decision. I will happy to be there when this happened on thursday. So it will be a fascinating time. But i dont feel, you know, invested in it one way or the other. If it does happen, i think it will be a shock to the world especially to the same establishment types in britain as we have in parallels in the United States who still cant get their heads out of the backsides long enough to understand how mad the public is at them. Connell so youll be there on separate business. Not involved in this. Right. Yeah, im not there to vote. [laughter] connell good to see you, by the way. Great to do you, connell. Connell governor huckabee with us today. Lets get to the senate here in the United States and everything thats been going on with orlando. They have these gun control votes that you may or may not heard about today. I think theres four measures in total. Peter barns joins us now taking a look at the votes and maybe how it all impacts gun sales. Peter. Yeah. Connell, shares of two gun makers, smith wesson trading mixed today but since president Obama Took Office and has pushed more gun control in reaction to Mass Shootings and gun violence, the stocks have skyrocketed about 900 each. Of course even more people are buying guns for protection in light ofof the shootings in orlando. But others have been purchasing them ahead of possible additional gun measures from Congress Post orlando. Tonight the senate will start considering four pieces of legislation, two from the democrats, two from republicans. None appears to have enough votes to pass right now to advance right now. These votes are procedural test votes to see if they can overcome filibusters. So each requires 60 votes to proceed. And all four measures have been considered in the past by the senate in various forms and none have gotten the minimum of 60 votes. But Top Democrats and republicans are trying to negotiate a compromise on at least one measure to prevent at least some people on the terrorist watch list from buying guns, including people who have been on the list any time in the last five years. That would have flagged the orlando shooter. The National Rifle Association Says it could support that as long as a judge approves blocking a gun sale within three days. Many democrats say that is too restrictive. The isnt he will also consider proposals to strengthen the National Criminal background check system. Connell. Connell a lot going on at the same time. Not a lot going on. As washington works. Thank you, peter. Good to see you. And januarystein was on with us last hour talking about these crazy temperatures. 120 degrees. Look at this as you see it on the map. 115 in phoenix. And, you know, 120 i think 123 was the highest we showed you. But anyway natural gas, features part of this is a market story. Way up today. Jeff flock joins us now on the latest on what are has we should point out a deadly heat wave, jeff. I dont know if the globe is warming but certainly warm in the southwest, connell. Indeed you mention natural gas. Futures way up on this because theres a tremendous demand now in the southwest for gas. Particularly in california. If you take a look at those numbers on perspective high temperatures today, by the way, first day of summer if you checked. Yeah, it is. And the demand for natural gas is going to be tremendously high, they think theyre going to be rolling blackouts in california today. Remember aliso canyon, the big leak of natural gas, they havent been able to store natural gas there. Fire of Co Associated with this too. As many as 17 fires around parts of the southwest. That big sherpa fire in Santa Barbara county in california now 12 square miles. About half contained. The cedar fire in arizona 12,000 acres, in new mexico that doghead fire, they lost control of that, they were 9 now 5 . Thats already burned 17,000 acres and destroyed 24 homes. More to come i think, connell, because its going to in california today but then to the west a little bit arizona, new mexico, it will be even worse tomorrow. So really got to keep an eye on this. Connell yeah, obviously. Jeff, thanks. Jeff flock for us. The next story well talk about is a merger story but really a story possibly about government overreach. Cigna and anthony petroleum the latest example some will tell you of the government just getting in the way. Details after a quick break youve wished upon it all year, and now its finally here. The mercedesbenz summer event is back, with incredible offers on the mercedesbenz youve always longed for. But hurry, these shooting stars fly by fast. Lease the gle350 for 579 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. 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The future of awesome. See the secret life of pets, in theaters july 8th. Connell the government is targeting yet another merger. Skeptical that the health Insurance Company cigna and anthem can offer enough to preserve competition. Gary joins us and i said another because weve had other examples of this, the idea that these Companies Getting together is almost automatically a bad thing. Whats your take . Well, look, we just had baker use, alergen and the Staples Office depot go away because all the chaos ald cause. Look, i get a little bit of this but keep in mind governments causing a lot of this in the manage care markets. Pricing is all over the map now. Nobody knows where anything is going so theyre forced to make some moves like this. Its all about the bigness, this antitrust division does not like bigness. This deal would make it 120 billion in sales and 54 million members. And even a lot of doctor and hospital groups are completely against because theyre worried about reimbursement. So i get a little bit but leave no doubt, they do not like Companies Getting together in a big way. Connell let me ask you a philosophical question, i picked up on your sarcasm. I didnt loose that on the staples, office depot thing. So should we separate the industries now . You look at that and say who cares. Let these guys get together. It doesnt matter. Pens and pencils. But if its a big bank merger, dont let it because we dont want the banks to get too big. Im a capitalist. I think let be. If someone gets together, thats fine. But there are something called monopoly and when you get too big, there should be oversight but also overkill on not letting things get done. And sometimes you are do too much by preventing mergers. And actually hurts things versus helps things. I think in a situation like this where governments causing all the chaos and havoc, you let these Companies Get together and connell so youre drawing the line where . By sales or by industry. You know, the monopoly stories from years ago in the Steel Industry or is it just by how big a certain merger is . I mean because as you say, there is some sort of balance to be fair; right . Oh, listen, it is on bigness and industry and how many players are left in the game. Ive always complained that in the Airline Industry now, there are many roots where theres only one airliner flying that route and guess what . They can price it any way they want, and they actually do. And i think thats something that has to be looked at in a certain way. So if pricing gets out of hand, and people are able to do things that hurt the consumer, yeah, i get it. But i think government too often and most definitely this government is just going too far. Connell all right. Gary. Thank you. Good to see you. Gary there from orlando. And weve talked about that issue a lot. And we were thinking certainly of that city today, and well talk more about the story in orlando a lot later on. Now, theres another story were going to talk about coming up later in a moment involving a very famous baseball broadcaster. Everybody know vin scully . The great vin scully, thought as the best broadcaster out there. Over the weekend he wasnt talking about baseball. Sort of was. Worked in commentating about socialism. Vin scully. Thats next tokyostyle ramen noodles. Freshly made in the japanese tradition, each batch is small. Special. Unique. Every bowl blurring the line between food. And art. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients. Stepbysteprecipes. Delivered to your door. Get your first two meals free blueapron. Com cook. Connell all right. So this might be my favorite sound byte of the day as the baseball fan and a vin scully fan. The legendary broadcaster broadcast the dodger games forever was actually taking a shot at socialism essentially. And you have to listen to the very end of this, which i think it gets a little bit funny. But taking a shot at socialism during a live broadcast of a baseball game. Here it is. Socialism failing to work as it always does. This time in venezuela. Talk about giving everybody something free and all of a sudden theres no food to eat. And who do you think is the richest person in venezuela . The daughter of chavez. Hello. Anyway. 02. Connell the 02 part for Elizabeth Macdonald here with us to talk a little bit about this. In the middle of the pitch he was, like, heres the 02. The venezuela story a lot, which is why youre here. That was my favorite part too. The 02. And im thinking to myself does vin scully know the Exchange Rate and how many barrels of oil are in venezuela . How does he know about the daughter . He might know it. So, you know, lets get to the daughter. The reports are out there. Vin scully is right that chavezs daughter is worth an estimated more than 4 billion. This is maria chavez. And theres human Rights Groups and media reports out of venezuela about the chavez family in particular with tens of billions of dollars. Some estimates 100 billion of Venezuelas Oil assets. Over the years. So im not sure how vin scully knew that but hes dead on because that is what the indication is that the chavez family, the socialist took the oil money, took the money away from the people of venezuela. Connell hes onto something. By the way, dodgers play tonight against washington, were hoping hell have more on the uk vote. Yeah, maybe have him weighing in on brexit. That was your line. Connell we might have that tomorrow morning. You never know. Yeah. Connell but venezuela to be serious is just things are not things are getting worse. Yeah. Thats right. So youre right. To more serious issue with venezuela. Five people now apparently killed. That we dont know the number could be higher. Because we didnt know whats going on in the inland, you know . Where the media is not really getting into there. 400 people arrested just in the most recent protest. Yeah, and people are basically now we know the store shelves have been empty of food. And this is a humanitarian crisis. Now, the venezuelaian president is facing a recall referendum. Theyre asking venezuela to be fingerprinted, to me, their records match. Hes going to push that referendum recall vote for his feet into next year. Youre seeing footage right there of people looting grocery trucks in venezuela. So were staying on the story. Connell that you obtained; right . Yeah. Connell it doesnt seem like one of these stories like anything. Unfortunately, some of these stories fade out of the news without being resolved. That may be the case in venezuela. Good to be with you, connell. 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It is worth mentioning that finlands finance minister dubbed the brexit as a Lehman Brothers moment. There is a argument if brexit does happen, it could be a watershed moment for stocks and there is also however the argument that the leadup to the brexit even though this morning the polls are leaning toward a bremain, we have to follow stocks that do have exposure to the u. K. Lets look at some headliners here in the u. S. Theyre higher in broadly higher market. Ford, exxon mobile, ebay, stocks we picked out from a broad range of industries that do significant piece of business in the u. K. And asia obviously were pointing out. Look at this breakdown of companies that have significant percentage of their revenue coming specifically from the United Kingdom. We looked at this automotive company, 33. 4 , of its revenue comes from the u. K. Ppl corporation, this is Utility Holding company, 31. 4 . This is big part of sales from across the pond. This is biotech pharmacy and services company, pra pharmacy. Headline companies you heard of we were talking about, xerox, 21 . Ebay once again 16. 3 of the revenue. These are companies that are especially vulnerable to a brexit and really you could argue in these weeks, these, weeks that weve been following these Companies Leading up to, you know, currencies, got to talk about Foreign Exchange and interest rates. Connell about you say bremain. You havent heard that. Connell exit or. Rename. Connell thank you, lori rothman there at the stock exchange. You know the imf came out with some numbers, it was a warning, whatever you want to call it, about a messy exit. Coming up with some kind of name for that with the u. K. We have a someone from cato. If you agree with that or maybe it is already a mess over there but its, you know, imf said this could really get ugly. You say what . Whatever the consequences of brexit, if it in fact happens, they will be strictly limited. I would expect in case of brexit a shortterm turbulence in the markets but ultimately nothing will change about the fundamentals of the british economy, european economy, american economy. And things will come back to normal, especially considering that it will take two years for britain to negotiate the exit from the European Union. Connell so the market action, this week, may all be about whether were certain something will happen or whether were uncertain whether it will happen. Is that how you read it . Some guests were saying that. Bob doll, a big time wall street investor saying were over reaction to this because we get caught up in the moment maybe down the line it is not as big of a deal even if they do vote to leave . I dont think i say anything new by saying markets dont like uncertainty. Connell right. British remaining or exiting out of the e. U. Is of course a part of a larger global uncertainty, having to do with american growth, american unemployment. Connell but does it fundamental change something or start a domino effect or other countries doing same type of thing, maybe that not only uncertainty is result of it, but something bigger economically that we risk . Certainly in case of brexit, many people, including me, assume that other European Union countries, such as for example, holland, or sweden or denmark, might be tempted to hold a referendum of their own on their future remaining in the European Union. So, yes, the british exit could result in a rush toward the exits but, once again, we dont, we dont know which way this is going to, how this is going to play out in part because of the grisly murder of the british mp, labour mp who was a supporter of the remain camp and there is sense that particular act may have contributed towards swinging the polls in the opposite direction. Connell which we did see over the weekend in favor of stay or as you say, remain. Seems one. Reasons markets are so higher. Marian, thanks. Tim cook sticking it to trump. Did you hear about this story . Apple will not sponsor the Republican National convention pointing to donald trump and some of the comments that he has made as their reason. Theyre not happy with what he said about immigration, what he said about minorities, what he said about women, but, as i mentioned when we talked to Deirdre Bolton about it last hour, they are quite happy, apple, to do business with china a country that has put it mildly a history of some human rights issues. Gordon chang knows all about it. He is here. Doublestandard, gordon . What do you make of this . Certainly a doublestandard. Talk about women. 35 years, forced abortion, forced sterilization. A woman can not have a child in china unless she is married. You need a permit for every child. Religion, muslims . There is horrific discrimination against muslims. Attempt to really destroy their religion and culture in the northwestern part of the country. Connell right. You run down the line. Homophobia. Relentless persecution of gaves in china. This is something that, if this is issue for the republican party, tim cook should get out of china. Connell im not sure not just china. China gets mentioned the most. As deirdre pointed out, it is such a huge market. Its about the money for apple. Got to be, right . Its a large market but that market is getting smaller for apple as we saw in the last two quarters with their iphone sales. Also you know he, the Chinese Government is going after apple. They unplugged i books and itunes movies. These are important things. Essentially what it shows, beijing will not allow apple to prosper. They will attack it on behalf of chinese companies. They just got started on this campaign against the cupertinobased company. Connell im saying if donald trump or Republican National convention as, you know, as an existence was somehow this huge Profit Center for apple like china is, yeah, the moral outrage, selective moral outrage as it is would not be there, right . Everybody knows that . It would disappear in a flash. If tim cook were to say, for instance, were not supporting the Republican Convention because donald trump had this boycott, wanted a boy cot of apple products in the wake of San Bernardino, that is sort o understandable but he is not saying that. He is talking about human rights. He has an obligation to his shareholders. That is what he should be talking about. Look, im in china regardless of human rights because i want to help my shareholders. Connell bingo. He is not saying that. That is really a problem when Business Leaders start to talk about human rights because they always get themselves into trouble. Connell theyre not willing to put their money where their mouth is on it. Absolutely. Apple shouldnt be in china if you look at standards they are applying to the gop. Connell gordon chang. Thanks. Hillary clinton on the other hand is getting ready to release a lot of that advertising, huge blitz of ads, 40 plus Million Dollars. Reaction from trump to all this, could shock you. Its next. Family road trip fun check engine. Not fun but, youve got hum. Thats like driving with this guy. All you do is press this, and in plain english, coolant, youll know whats wrong. If you do need a mechanic, just press this. Thank you for calling hum. And if you really need help, help can find you, automatically, 24 7. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. Reporter very good afternoon live from the floor of the new york stock exchange. Im lori rothman with your fox business brief. Stocks are rallying today. Look at shares of walmart and jzcom. To quote barrons if you cant beat them, join them. Looking to improve its presence in china, walmart is selling ecommerce unit to, jdcom. Shares are soaring up better than 6 . Walmart up 18 cents a share in broadly solid market. Lets look at some of the golf companies. Dustin johnson, the american obviously winning the u. S. Open, despite the weirdness he moved ball or not on the fifth hole. He won regardless. Getting a little criticism for the usga. Look at some golf companies. Golf corp holdings. Calloway up by a nice large margin. Get you back to cavuto coast to coast right after this. Connell Hillary Clinton is really set to go on what is basically an allout blitz in terms of spending on advertising. Bigtime ads against donald trump and, trump reportedly just started to hire the staff he needs in key states. Ileana johnson is on this for us and joins us now. It is kind of amazing you see Hillary Clinton and her allies spending 40 plus Million Dollars in the key states. We hear another story where donald trump is barely getting started. What kind of disadvantage is he at . It really cant be underestimated how much of a disadvantage this puts him at. It is important to note donald trump expressed skepticism about the importance of ground game and advertising heavy campaign president obama ran in 2008 and 2012. He said he thinks the same sort of primary campaign that he ran that proved successful which was personality heavy and had a light ground footprint will prove successful in the general. Connell yeah, it is interesting because we were talking about like governor Mike Huckabee was on with us earlier in the hour. We were kind of talking about that. Trump gets up all the time, making fun of amount of staff that Hillary Clinton has and that kind of thing. Here is what governor huckabee had to say. Well come back and talk about. Here he is. He makes fun of the Hillary Clinton staff being hundreds and hundreds he only has a few. She is grossly overstaffed. A lot of campaigns they get so much money they feel obligated to spend it all. When they get elected what they do is spend all of our money and keep raising taxes and spend more. If donald trump can get elected president on fraction of number of people working for him than hillary does, it would bode well for his presidency. Connell brings up the question about whether as governor huckabee argues Hillary Clinton is grossly overstaffed or she is just way ahead of trump in terms of organization . Well, i would note that were not merely talking about the number of staff on the campaign though thats one thing. Were also talking about television ads. Connell right. And you know, volunteers and so on, having a infrastructure on the ground that includes lots of volunteers, door knockers and so on. Staff is just one portion of that. The key word in governor huckabees statement, if trump can get elected. Usually people dont leave a lot to chance in president ial campaigns and looks like that is what trump is doing at this point. Connell is that what the Corey Lewandoski is about today to you . Well, you know if the primary we saw him at the very end change strategy, change course and start to invest in ground infrastructure. It may be that Corey Lewandoskis firing suggests change in strategy though there is no indication thats the case but well see. Connell the other thing that governor huckabee said which i kind of agree with, weve seen a lot of people quote, change trump, get him to do this, that, other thing, that may not happen. You know the idea that lewandoski was there to be, say, let trump be trump, at the end of the day it is trump who is allowing himself to be himself if you know what i mean. Nobody has been able to talk him out of anything, have they . I think that is absolutely right. What you see is what you get. There is no changing him. Sources tell me that the one thing you can do to really anger him on the campaign is tell him he needs to be more president ial. He needs to brief himself up more. This is candidate that republicans have right now. Unless they want to look to the convention to delegates at the convention to do a lastminute switcheroo and out of him, they should adjust themselves to this reality. Connell that still seems so unlikely. A lot of people are talking about it. Thank you. Eleana johnson at national review. Thanks for coming on. We have a correction here. This morning on fox business, we had on john bowne, former member of Britains Parliament to discuss the vote. In that segment earlier can we incorrectly identified him as having the position of lord john browne as former sieve check tiff at bp. We poll chief executive at bp. We want to clear that up. Backlash against migrants is driving a lot of voter anger in the u. K. , well talk about that. 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Voters this week with their big vote and worrying about more refugees flooding in, having no control over that. So earlier in the show European Parliament member Daniel Hannon was with us talking about the dangers. Watch. There are cases even whether individuals have been involved in crime or in radical islamism were were not able to deport them because the European Court steps in and says this is violating their rights as a e. U. Citizens. Im someone who is basically proimmigration and liberal on the subject but if im going to win that argument, if im going to carry my constituency with me, people can in return we should be in charge roughly who comes in and roughly in what numbers. Connell david asman is here and it is almost, david, like were having a similar discussion here in the u. S. We are indeed. What happens is, it gets out of control. Look what happened to germany where they were very generous, open arms, welcome in the syrian immigrants. They have been through hell over there. All true. But they didnt expect to get a million a year. Which is what theyre getting now. In the u. K. They were expecting 100,000. Last year they got 300,000. Here we were expecting certain amount but as soon as president came in with his plan to essentially legalize millions of Illegal Immigrants who were here, the floodgates were opened because they figure one, no matter what happens the courts will tie up these cases. So now is the time to get in before they close the doors. Connell right. And two, we want to get in before, if donald trump is elected we know he will be closing the borders. Word gets, word gets through back home. The place where the immigrants are from, there is a very strong grapevine that tells them where to go, how to get there and how long they will be able to stay. That grapevine is hard, supersedes all the attempts by the politicians to stop immigrant flows. Connell think about the conversation that might happen later this week. For today, at least polls are showing, people betting on fact they stay. Who knows, that could change tomorrow. If it does and u. K. Does leave hypothetically, that covers in other countries, oh, the u. K. Is out. I would think other European Countries do start to think among the same lines . I would be wary, i never secondguess the market, but the market is better than any individual trying to secondguess it but in this case there are other currents at work in europe that auger against the sort of European Union that a lot of people would like to see. You look at what happened in italy for example. They had a new mayor in italy who is basically for closing down the immigrant, open arms immigrant policy they used to have. They have other trends in other European Countries. In germany they have a big rise of a third party that is definitely all antiimmigrant. There are Political Trends that auger against the kind of european unism that today the market is betting on. Connell polls in the scotland thing were totally wrong. So still early. We have a couple days to figure things out but here the immigrants from abroad are not waiting, theyre coming here in great numbers. The worst is when we see unaccompanied children come in here, sent over by their parents, hoping to get in on their kids coattails. Connell yes, exactly right. David will be back on after the bell with melissa. 4 00 eastern time. Connell check the broadcast listing. I think it is still on the schedule. I filled in for you. What do you mean . You did a wonderful job. You did a wonderful job. Connell i was hoping Nothing Happened while i was there. Ratings were not quite as good but you did a great job. Thank you very much for that. Connell thank you, david. Stocks, today, they are up big time, up almost 200 points. We expect just as big of a selloff tomorrow . Well have a preview of that. More cavuto coast to coast after a quick break. Its here, but its going by fast. The opportunity of the year is back the mercedesbenz summer event. Get to your dealer today for incredible onceaseason offers, and start firing up those grilles. Lease the cla250 for 299 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Connell there it is. Its a nice rally on wall street. Nearly 200 points as i have calculated the Dow Jones Industrial average you but those are the individual 30 components that make up that average and weve been yelling at verizon to get its act together and for some reason it cant. Come on, verizon youre killing us here youre the only one. There are 30 stocks, cisco, there it goes. Cisco unchanged. What well do now, for, that changes everything. I was going to spend 15 seconds staring at verizon and cisco to see if we get them both positive with all 30 stocks higher when we hand it over to trish regan. Come on, verizon, five cents. Six. That is going other way. Here she is to take you through the next hour. Trish connell, thank you so much. We have big rally on our hands. Fbi releasing transcripts of 911 calls the orlando killer made during his rampage as the Obama Administration deletes any references to islamic terrorism from these transcripts. Why not let the 911 calls stand on their own . Why not let the public come to its own conclusion . Is the administration trying to cover up the role of radical islam in the Orlando Shootings . Were all over it. Im trish regan. Welcome, everyone, to the intelligence report. Attorney general Loretta Lynch announcing they have scrubbed the 911 transcripts for any reference to islamic terrorism