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Transcripts For FBC Bulls Bears 20240713

I guarantee you built at least in part using workers david weve heard that before. Im david asman. This is bulls and bears. Joining me is jonathan hoenig, kristina partsinevelos, steve moore and gary kaltbaum. 2020 hopeful warren escalating her war on the wealthy this time targeting four successful billionaires in the new ad that includes money manager leon cooperman, Td Ameritrade founder, former Goldman Sachs Ceo Lloyd Blankfein and a venture capitalist. They have all denounced warren and her wealth tax plan. Heres how billionaire mark cuban responded on mornings with maria earlier. Listen. I did the math and her 6 wealth tax would cost would require me to pay more after the first year and a half than i have in cash. And so i sent an email to one of the economists and i said look, did you guys do take into consideration liquidity when you defined your wealth tax . Thats a good question. They said no. David the question is will voters do the math . Will the Voters Decide the wealth ta

Transcripts For FBC Bulls Bears 20240713

This play in the 2020 race . This is bulls bears. Im david asman. Joining me, john layfield, trish regan, Gary Kaltbaum and robert wolf. Trumps visit to pittsburgh marks his 14th visit to the state since taking office, surprising win in pennsylvania was key to winning the presidency in 2016. President trumps hoping he c20. So will his hard sell of fracking and Energy Independence help him keep this historically blue state in his corner . Trish, what do you think . Yeah, i think it does. The reason for that is because dont forget who the pennsylvania voters are. I mean you think about democrats historically and robert and i have talked about this before because i grew up in an Irish Catholic family where you were a democrat just like you were irish and just like you were catholic; right . But a lot of those people became disenfranchised and felt shut out of the party. David including union members. Sure, right . This is the crowd hes trying to appeal to. If he can bring them in while ke

Transcripts For FBC Bulls Bears 20240714

David a little spat. Well, President Trump also adding he doesnt need to reach a deal with china before the 2020 election. All these comments prompting the china trade delegation to announce it is now cancelling a planned trip to visit montana farmers. Thats next week. Now, that sent the markets tumbling. Check out the dow at about 1 13 p. M. Eastern time, just when the china news hit the wires. Markets dropping like a stone. The dow losing more than 200 points at that point. It recovered a little bit at the end of the day, but not much. Joining us now is usda trade advisor. Tom, you represent farmers. And we see what happened as soon as the president made his announcement. They said they are going to stop their delegation to the Farm Community in montana. Are the two things related in your mind . I think its great speculation all around the world as to why they did what they did. David what do you think . Look, i talked to mr. Forbes in the hallway on my way. Im a long time fan of his

Transcripts For FBC Bulls Bears 20240714

Good to see you. Youve still got, what, 50, 60 House Democratic members who came from republican and trump districts who understand the power of usmca, and in fact, to some extent if they are going to think they are going to go off the ledge, on some crazy idea of impeachment, which is doomed to failure, they might even be more inclined to do something constructive on the u. S. Canadian mexican trade deal. David but nancy pelosi says they will be able to work something out on usmca. Listen. Were moving ahead on the u. S. Mexico canada agreement. Were again hoping to be on a continuing path to that. David amid the noise, do you think we can see sustained Economic Growth and progrowth legislation . Im not sure that the first requires the second. And thankfully it does not. Weve had growth. We continue to have growth. Mainly because of the u. S. Consumer benefitting from great job market, higher wages and all the rest of the things we have talked about on this panel because nobody else is

Transcripts For FBC Bulls Bears 20240714

David a little spat. Well, President Trump also adding he doesnt need to reach a deal with china before the 2020 election. All these comments prompting the china trade delegation to announce it is now cancelling a planned trip to visit montana farmers. Thats next week. Now, that sent the markets tumbling. Check out the dow at about 1 13 p. M. Eastern time, just when the china news hit the wires. Markets dropping like a stone. The dow losing more than 200 points at that point. It recovered a little bit at the end of the day, but not much. Joining us now is usda trade advisor. Tom, you represent farmers. And we see what happened as soon as the president made his announcement. They said they are going to stop their delegation to the Farm Community in montana. Are the two things related in your mind . I think its great speculation all around the world as to why they did what they did. David what do you think . Look, i talked to mr. Forbes in the hallway on my way. Im a long time fan of his

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