there. and it s to a privileged part of the u.s., socioeconomic groupings and i think we re seeing a tale of two cities, the have and the have-notes. neil: the fed, whether they re going to increase rates, i think it s seeming to be a given, a quarter point or better not. working in the economy and inflation down 3, 4%, that s not too bad and i think that ann is right. this is a k-shaped economy, some are going up, some are going down, but the fed taking a break will help the debtors, it will help the folks actually putting things on credit card and putting things on buy now pay later because those rates of financing those purchasing will come down if the fed gets a clue and stops. neil: and it s early in the season and the banks pretty much will beat expectations, but i m worried that we had three banks that went belly up in the quarter. is that it, ann?
whether this continues or whether bca shift, which could either be one of two things, it could either be a retracement of these big stocks back to more reasonable valuations, or the rest of the market could catch up. you have a tale of two cities here, 7010 big tech names on a relatively expensive level, but the others are relatively inexpensive. it would be quite a thing to watch and see what happens. the reason those tech stocks and see what happens. the reason those tech stocks are and see what happens. the reason those tech stocks are expensive i those tech stocks are expensive right now is the booming ai that you talked about. there is no sign that this is a bubble, but there could be a correction coming down the line? there always is. whenever you get certain participants in the markets that go faster or higher than they should, eventually you will see a retracement and i would expect that you see some of these big tech companies not having the second half
down the investigation into the clinton foundation. they were sloughing off clinton s activities as harmless error. they ignore the fisa foreign intelligence the illegal campaign contribution that she received. it s a tale of two cities, two countries. that point, it s a tale of multiple that we can t take our eye off the ball. there s a multi-undercurrent layer of the story. harris: when i shared a look, kayleigh. changes come depending on who is in office. it furthers the thought, are they serving themselves at the top of some of these agencies? not even loyal to the people they may choose who were in the office. it s an interesting question. we ve got to move but we will get it a different day. coming up, defense attorney for marine veteran daniel penny speaking out out for the first time on fox news. that s next.
already exists at the edges of society and let them be, here we are. i want to read you a quick blurb here from muhammad who wrote about this in the new york times, it s a piece that called the most deserving thing about jordan neely s killings in which he writes, many people sought feelings and the city s failure to care for people with mental illness. others saw it as a reaction to viewers about public safety in new york. you ve been expressing your thoughts on this, but in general, how do you see it? i see it as a situation where people don t necessarily appreciate the fact that new yorkers, in many respects, can it live many different lives in the same city. new york has turned into a place where a tale of two cities. and so, for a lot of people who are already she performers on the subway, or people who are mentally unwell on the subway or the on house on the subway, people look at those folks as the nuisance, not understanding that there are a number of
and, you know, there s always a tale of two cities that you can tell in this country. i ve always been interested in state policy, state politics, the waycy things shape up, and e way you can see the states not just as sort of laboratories of democracy, but you can see the states where they are trying out things that each of the parties wants for the whole country. and so there s always been a tale you can tell about what republican controlledl states e doing versus what they re doing in the blue states. and i think i find it probably more interesting than most. i ve always been intrigued by these stories. but, you know, as much as you can see ipdifferent states between red states and blue states, a different in priorities, a difference in outcomes,, sometimes a notable difference in seriousness of purpose in lawmakers in those two different kinds of states, for all of that, for all those trends i ve followed for years, this is oneen of the few times can remember when democratic states