His conversations with President Trump. James comey admitted he leaked his memo to a friend with the intention of passing it on to the new york times. He said he leaked this because he wanted to trigger the need for a special counsel. Another big moment was whencombys then boss Loretta Lynch directed him to characterize an investigation of Hillary Clinton as a matter, not as an investigation. He said that made him queetsy. He said lynchs private meeting with bill clinton on an arizona tarmac led to his decision to publicly declare his judgment in the Hillary Clinton email probe. A surprise in the united kingdom. Theresa may and the conservative party failing to keep a majority. It appeared she was going to expand her majority. That didnt happen from the snap election. It will have major ramifications as they plan their exit from the brexit e. U. Oil prices one of the stories of the week. Seeing the biggest drop in three months due to a surprising surplus in u. S. Inventories. Gasoline prices saw a drop at the pump. The obamacare death spiral continue and some health insurance, announcing it will be the latest to exit the ohio marketplace. The move expected to leave 18 counties without a single obamacare option. Joining me now to talk about this weeks flurry of activity and how to invest, Liz Ann Sonders joining the conversation. You have been focused on fundamentals. Not all this noise in terms ofism pacing investors. How do you see markets right now . Liz ann sonders what has been missed in the shortterm stuff, in particular, the Political Uncertainty and trump and comey. The entire bull market has been driven by liquidity. Not just what was provided by the feds. But Global Central Bank liquidity. Money supply is close to the same size as u. S. Economic growth. And its growing faster. So when you have excess liquidity, it needs to find a place to go, and it found a place in equities. Then you had the turn in earnings which has been the underpinning of the most recent move in the market. I think this obsession over things like trump and the shortterm of news, i think its noise more than anything else. Maria you look at the overall earnings picture. Earnings were up 15 in the first quarter, and the Second Square we are seeing earnings up 6 in terms of expectations. So a good backdrop for stocks. Liz ann sonders when you look into 2017 you are looking at double digit earnings growth. And back to the whole political aspect and trump, a lot of people make the assumption if we dont get tax reform in 2017, if it gets pushed into 2018, that thats a negative for the market. But nobody has added anything into earnings estimates even for 2018 for Corporate Tax reform. So those estimates are clean of any of these progrowth policies. So if we get them its added to earnings. But if we dont, im from the sure thats a negative from a growth standpoint. Maria i was make that assumption. People are expecting a healthcare bill before the 4th of july, and a tax bill by the end of the year. If they get it done, you think that further boosts this market. Liz ann sonders if you purely look at the corporate side where its easy to do the math. If corporate rates go down. Leaving aside the concern about liquidity. That would add 10 to s p losses. Maria liz ann, good to see you. Wall street week comes right back. Stay with us. Announcer a mini five arab nations cutting ties with qatar. Deartheres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced. Our senses awake. Our hearts racing as one. I know this is sudden, but they say. If you love something set it free. See you around, giulia ive always had that issue with the seeds getting under my denture. Super poligrip free. It creates a seal of the dentures in my mouth. Just a few dabs is clinically proven to seal out more food particles. Try super poligrip free. My dad called them up and asked for the Jennifer Garner card which is such a dad thing to do. After he gave his name the woman from capital one said mr. Garner, are you related to jennifer . Kind of joking with him. And my dad was so proud to tell her, as a matter of fact, she is my middle daughter. So now dad has the venture card, hes earning his double miles, and he made a friend at the company. Can i say it . Go ahead whats in your wallet . Nice job dad. To f. Nerve pain shoots and burns its way into your day. I hear you. When that pain makes simple errands simply unbearable. I hear you. I hear you because my dad struggled with this pain. Make sure your doctor hears you too. So folks, dont wait. Step on up. And talk to your doctor. Because you have places to go. And people who cant wait for you to get there. If you have diabetes and burning, shooting pain in your feet or hands. Step on up and talk to your doctor today. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. The internet is waiting. Start for free today at godaddy. Maria the biggest political crisis hitting the middle east this week. Five arab countries including saudi arabia and egypt formally announcing they will cut ties with their neighboring country qatar over the claims that qatar is supporting terrorism and terrorist groups. The move has investors on edge, fearing the risk could seriously damage the oil market and qatars Sovereign Wealth Fund. That fund is invested in a whole host of Global Companies right now. Egyptian billionaire businessman and developer Naguib Sawiris said this has to be done and he wants all arab businessmen like himself to divest from qatar. Take your money out of the country. Thank you for joining us. This is a huge story. Tell us why you are advising your colleagues in business to take their money out of qatar right now. Im not just advising them to take their money out of qatar. Im advising them not to deal with qatar. Every day what he wake up with a lunatic or after and person who goes with a car and kills innocent people. In my own country they stopped a bus with women and children and shot the women and children in the eyes of the men. And one country that declares openly they are supporting terror like hamas or other organizations, siding with iran openly, that all Intelligence Services of the world have all material showing they are supporting the terrorists and extremist groups in the middle east, syria, iraq and everywhere, and nobody is doing anything because they are the richest country in the world and because of their Oil Discussion and the oil and gas. Thats what happened last week is a wakeup call for qatar and it leaders. Saudi arabia, egypt, bahrain. Yemen. The em the emirates. If you play with fire it will eat you up. So as a businessman i want to do my contribution. We can day like that and watch them continue doing that lives going down in manchester and london and paris and nobody is doing a damm thing to damn thing to stop this. Maria this is the richest country in the world exporting liquefied natural gas. And the u. S. Has its main base in qatar. So does the Muslim Brotherhood. They went to qatar. They reside there. All the sheikhs that entice and sanction terrorism, and convince young people that they go and blow up some people that they go to heaven reside there. They are opening support who mass and openly side with iran. Its not a secret. All the Intelligence Services have enough material that show money in cash that has been delivered to these people. Why isnt anybody coming up with evidence because of exactly what you were saying. Because the richest and the oil reserves. But i as a person dont give a damn about that. Maria what do you want to see in order to reverse your position here . Naguid sawiris i want to see them going out and stop hosting terrorists in their countries. I want them to declare first they need to say the truth. They need to come straight and say we did that in the past for several reasons. But that they are going to stop doing that. They have blood on their hands. They have blood. Why is qatar the on country in the world that no incident of terrorism happened there. Why . Maria what happens to that Sovereign Wealth Fund . Is this going to impact more than just relations with its friend in the middle east . Naguid sawiris the wise investors will have to divest. They are free to invest in countries like germany. Some people dont give a da damn about what im saying. Its not like they are the only ones with money. Maria let me get you take on the British Election where the conservatives lost the majority they had in parliament. Your thoughts on implications coming out of britain this week. Naguid sawiris there was no need of this election. She said at the beginning she wasnt going to call for it. She called for it. It was the wrong move. On brexit instead of telling the people of u. K. , breck it is a bad idea. I respect the vote, but the vote was a slim vote. This doesnt make it an absolute vote. In my personal opinion exiting europe for britain was a disaster and will continue to be a disaster. I believe the british people when they voted for brexit they didnt flow what they were voting for because they dont have the small print. What does this mean exiting europe . What is it going to cost them at the end . How are they going to deal with the consequences of this exit . I dont believe they knew all of that. I believe if someone he can explained everything to them most of them would not vote for that exit. May will continue ruling with a slim coalition. On the other hand nobody believe her or like the head of the labour party. Everybody thinks hes an extremist. We are in a mess. Maria one of the issues has been terrorism. And you made a suggestion or an opportunity recently that you said, you wanted to buy an island and put the refugees there. One of the issues is thing the s the refugees. Are you still interested in doing that . Naguid sawiris i dont Say Something i dont do. The refusal of the greek government to allow me to put the refugees on islands that it was buying. I met the Prime Minister and was first encourage. Then in the end he said our islands are not for sale. Well not have that. But i think until now its one of the best solutions because its not far from their homeland. They would be secure and they would have built their houses and businesses and stayed on these islands until they can go home. All i needed from the greek government is the security and border admissions and security. Thats all i needed. I would have done the rest. Maria when we come back i want to get your take where you are investing, where you see the opportunity. And i want to take you back to the u. S. And get your take on donald trump. Announcer one of the very first to throw his support behind donald trump. What does one of the worlds richest men think of donald maria we are back with egyptian billionaire developer, Naguib Sawiris the market here is up 15 since election day. A lot of people betting on his economic policies. How do you see it . Naguid sawiris i sympathize because im a businessman who also tried to get into politics. Way learned is that politic and business are two different things. In business you run the company and you dont give a damn. You are the boss. When you move into politic and you believe you can do the same, do politic the way you do business. It doesnt work like that. In politics you practically have no authority, congress, senators have most of the authority. If you decide on something you need to make sure you have the backing of all these institutions and the backing of your party. With mr. Trump coming in, i think it will take some time until he makes this experience. But in honesty he comes with a good vibe because i believe need some shakeup. It was full of bureaucracy. Things were going too long, there is also corruption. And it is like i have servants all the time, nothing was happening. Even on the action side, no disrespect to mr. Obama, i hold him responsible for all that is happening now and the flourishment of isis and terrorism. He said no boots on the ground. He said there was a red line, and when they used the chemicals they didnt react. President trump will be a different president. But he needs to work with all the institutions and understand he cant run politics like he used to run his business. Frankly i like him. Maria you do equate what went on and the acceleration of isis to President Trump. You say his leadership allowed them to flourish. Maybe that was why the middle east countries, the leadership, particularly saudi arabia, rolled out the red carpet for President Trump when he was there two weeks ago. Do you think that was more a testament to donald trump or a testament they are happy for a change away from president obama because of everything you just mentioned . I think its both. In the past our excuse by not going after terrorist, they were in bora bora and afghanistan. Now we know where they are. They are in raqqa in syria and mosul. And we are too chicken to go down and get it done its a big mistake because they are coming to your doors, knock on your doors. Now we know where they are and we dont do anything. No boots on the ground, okay. So i think during the Obama Administration we believed the Obama Administration supported the Muslim Brotherhood and we believed they received an agent after the revolution to make sure the Muslim Brotherhood come to rule. So we were frustrated. We believe in the fact that the Muslim Brotherhood are a terrorist organization with all the people who are behind them. They come maria you think President Trump side with the Muslim Brotherhood before he sided with the egyptian leadership. And egypt is one of our key allies. Naguid sawiris even with the military forces that were not given a chance. The elections in egypt were not fair. The Muslim Brotherhood were there for 1,800 years. When you supported them, they did not abide by the democratic rules that brought them to power. Maria would you invest in the United States right now . Naguid sawiris of course its the best time to invest in the United States with a president like that who will open doors and encourage private sector entrepreneurs and reduce the taxes and stop the excessiveness of all the environment issues. There is a limit to where we go. We need to provide jobs. You cant provide these jobs and move on anything. You know. So i believe in that. I am a capitalist. Maria we are happy you joined me today. We appreciate your time. Thank you for joining us. Well be watching the i am totally blind. And sometimes i struggle to sleep at night, and stay awake during the day. This is called non24. Learn more by calling 8448242424. Or visit your24info. Com. Abreak through your allergies. . Try new Flonase Sensimist allergy relief instead of allergy pills. Its more complete allergy relief in a gentle mist experience youll barely feel. Using unique mistpro technology, new Flonase Sensimist delivers a gentle mist to help block six key inflammatory substances that cause your symptoms. Most allergy pills only block one. And six is greater than one. New Flonase Sensimist changes everything. You totanobodys hurt, new car. But there will still be pain. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had Liberty Mutual new car replacement™, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With Liberty Mutual new car replacement™, well replace the full value of your car. Liberty stands with you™. Liberty mutual insurance. Maria lets take a head at the market events coming up next week that could impact your money. Mortgage flikss, housing starts, Consumer Sentiments are the indicators to watch in the week ahead. A handful of companies will be reporting earnings next week. On the political front. Attorney general Jeff Sessions will be on capitol hill testifying on the justice departments budget. Expectations are lawmakers will use this opportunity to follow up on the James Comey Testimony from last thursday. Next week the u. S. Open will take place in wisconsin. Well be there from nil what you key. From milwaukee. Im bob massi. For 35 years, ive been practicing law and living in las vegas, ground zero for the american realestate crisis. But it wasnt just vegas that was hit hard. Lives were destroyed from coast to coast as the economy tanked. Now its a different story. The American Dream is back. And nowhere is that more clear than the grand canyon state of arizona. So we headed from the strip to the desert to show you how to explore the new landscape and live the American Dream. Im gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live and take you behind the gates of properties you have to see to believe. At the end of the show,