Needed more. Welcome. This is bulls bears. Thanks for joining us. Im david asman. Joining me today, jonathan hoenig, kristina partsinevelos, Gary Kaltbaum and liz peek. Swalwell is out but reports are swirling that california billionaire and antitrump donor tom steyer is considering jumping in to 2020 the 2020 race as early as tomorrow. Sources say one of steyers first attacks could be on President Trumps claims that the economy is now thriving under his leadership. With President Trumps Approval Rating now at an alltime high, including his handling of the economy over 50 , how can he, steyer, or any democrat, win by arguing that the economys bad . I think its an incredibly tough road to make that case. Americans are convinced because they see it in their daily lives through higher wages, through Job Opportunities they havent seen before, et cetera, that they are doing better than theyve done in decades. So i think this is not what is going to bring him into the fore. What he really wa
Biden, 4,000 dow points. Warren, 8,000 dow points. David hes got it all figured out. Sanders, a good 12,000 dow points. By the way, im serious when i say that. These people want to take a ton of equity out of the economy and put it in their hands. They want to tax the heck out of people and business and put it in their hands. Their hands, inefficient, ineffective, give them a dollar of tax, maybe 20 cents rolls down to what its used for, 80 cents goes to the bureaucracy. It is the worst thing that can happen. I got to tell you, some of these people running for president right now are making barack obama looking quite conservative these days. Gary, gary, they are going to say look at the economy and look at the market under barack obama. Look, i think this is a pretty ineffectual scare tactic. The president should be making the point about the free economy. Free economies are always the most process posperous. Government intervention is what causes the crashes. He should make that point
Works. All three indexes closing at Record Numbers. The dow rose 176 points to 26,966. The nasdaq climbed 61 and the aip 500 added 22. The third st record close. See seema modi has more. Reporter the markets are still going full steam. The s p 500 managed to close up record highs for the third day in a row. T and dow dodging itself first record close since october. Tech and Consumer Discretionary thoughts continue to be the years best gainers. Deals are hovering near threeyear lows andness that boosting real estate, utilities, and consumer staples. What is powering the rally . The trade tensions and Interest Rate cut this month. The market is geari up for a big rate cut and the Federal Reserve will react to a slew of weaker economic data. Now beyd the headlines, market internals are still looking strong. A thoughts near new highs and more stocks are advancing every day than are declining. As long as it holds off, t rally may not be derailed any time soon. Thnew highs of the s p 500 is
An update from the Vice President of the Humane Society Animal Rescue team good evening i am jon scott and this is the fox report. [background noises] jon those top stories coming up first a shockingly bold crime caught on camera in Southern California. The wild scene happening at a mall just outside of los angeles were a group of thieves raided a Nordstrom Department store. Senior correspondent alicia acuna is live with the latest. Hi jon, police say some in the mob use of bear spray on two Security Guards in the store which can really irritate the eyes and the lungs. Take a look again at the Cell Phone Video captures the chaos inside the nordstrom at the Westfield Topanga mall. The lapd said a group of about 50 looters got away with 100,000 worth of luxury brand accessories and handbags l. A. Mayor karen bass a promising action in t a statement saying quote what happened today at the nordstrom in the topanga mall is absolutely unacceptable. Those who committed these acts and acts lik
Sirens on this i island. And why that wasnt activated, because it clearly would have given people more time to escape the flames and get out of town. And, of course, the number of fatalities would probably not be the number that it currently is. Another big challenge here, mike, is housing. Why . Theres not much of it. Its expensive to rent or own. And unlike, say, the mainland there are not any towns that can simply absorb 4,500 people right now that need shelter. Lahaina was really small, nice historical place, and its gone. All the kind of, like, precious memories of my kids and kind of generational stuff. Reporter so eva adams, she lost her home. It was in this new 89unit, Affordable Housing complex that is now, of course, as you see, just ashes. There are about 2,700 buildings here that were destroyed in lahaina, 86 of those were homes. And the community of lahaina is a very working class, a lot of Native Hawaiians who serve the resorts, and right now those people who are now home