may or may not match up with what you are feeling every day. we re about to get the biggest hard data dump of the summer. a multifaceted look at what the cold hard facts tell us about where the u.s. economy stands. you have these big hitters all announcing their earnings this week. it s going to be a big reflection of where we are, what we re buying out there. what we re not buying and participating in in this market. look at the reports coming out this week. it s a huge week for this summer. you have gdp, the cost of goods. perhaps the most important, consumer sentiment that we ll get at the end of this week. as you know, two quarters of gdp contraction. we ll get that second quarter gdp number. signalling a recession in the u.s. economy. the white house is changing its tune on the long-accepted benchmark. janet yellen is starting to hedge on what the definition of a recession is. with that, we bring in neil cavuto from your world. always good to have you with us. neil:
trading laws. it has to be material, nonpublic information that is stolen. people talk about this legislation for months and months. six months. the problem that he s got is two fold. number 1 is the timing was impeccable. right when it looked like it was bipartisan agreement, he started exercises his options to buy the stob. based on the disclosures, he bought anywhere between $1 and $5 million and netted him a pro fight of $500,000. that s the other problem. the other problem is optically. these are people that are limousine liberals. i m not being political when i say that. nancy pelosi is a california democrat. she s been bashing businesses for years. looks really hypocritical in addition to sleazy. so you put that together and this is going to raise eyebrows. martha: you know, that s the
democratic president is when you have someone overly ambitious democratic candidates that are making it clear they re running. the vice president of the united states has been going out of her way to lay the predicate and has the transportation secretary going out of his way to lay the predicate for a 2024 race. the cumulative effect of that is to feed the political beast, feed the political op-ed men and suddenly you have people like robert rice saying, i m a democrat, but don t run joe biden. martha: i m glad you brought it up. that s one of the things that underliesed this quit joe quit piece. they said one of the things that would take the pressure off of this champing at the bit on the part of people like newsome and pritzker and the vice president who really has to redefine herself based on her own numbers. she s trying to do that. so we ll see what he decides to
policies. i m not done. eric adams say it, jose. eric adams just small percentage of migrants coming to new york city says it s going to drain their education, healthcare and transportation. martha: let s give jose a chance to respond. when you look at these candidates, jose and lisa just mentioned myra flores that won in a place where joe biden won by 13 points. kathy garcia in democrat districts in texas who are in pretty good shape right now. it raises the question, is it time for a rethink? is it time to get much more realistic about what people care about right now? i don t think the polls are telling the whole story. you talk about myra flores, one candidates over 400 candidates. you still look today, how many latinos, elected officials in