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Transcripts for FOXNEWS Cavuto Live 20240604 14:39:00

reporter: president biden is reportedly under a lot of pressure from democrats to showcase more empathy on the economy. neil. neil: madeleine, thank you very much for that. luke lloyd with me right now. love talking to lloyd because he never buys the consensus, to matter what it is. and you re challenging everything s hunky dory, right? you re not quite buying that. yeah. well, it s interesting the two worlds i live in, the world as a consumer with everybody else and then the investment world i live in, right? the consumer in me says who cares if inflation s at a .2%, .3% month month to over month, that doesn t impact me. my wallet s still hurting, right? the investment side, the stock market trades on all these different reports. so what s interesting, the stock market s a great predicter of election outcomes. there s something close in history, when the stock market has an intrayear draw down top to bottom of around 7%, the incumbent tends to win. when the stock market drops int

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