Keeping under review the kind of security that we need to keep british shipping said. Also coming up the White House Social Media summit what do the people attending have in common well a love for donald trump and no love for the Mainstream Media. And theres these people who dont like me and probably dont like you im going to talk directly to my followers about what i know about the White House Social Media fund so morrow. On to our viewers on p. B. S. In the United States and around the world well we begin the day with another clash on the seas between britain and iran tehran is denying accusations that its boat attempted to intercept a British Oil Tanker near the strait of hormuz the royal navy says that one of its frigates was forced to intervene now it comes a week after the u. K. Seized in a radian tanker loaded with oil allegedly headed for syria a violation of e. U. Sanctions against damascus and as tensions rise with tehran over tankers london is trying to save the Iran Nuclear
Weak in the session. Joining us is josh brown welcome back. Good to be here are you also in celebration mode after jay powell . Im also in celebration mode. We got all but a promise of a rate cut i think in july. Theyre going to do it. I said earlier, he foamed the runway for what ithink the market knew he was going to do the thing is, i dont think its necessary, but i also dont think its harmful a 25 basis point rate cut most likely, the best example of Something Like this, that i can think of from recent history is 1995 you had a new alltime high in the stock market the day they did the cut, but it was a single cut. And a lot of the reason for that, they had done a surprise rate hike in 1994, which kind of crushed the bond market, people were shocked i think what the 1995 single cut was about was taking some of the pressure off from that, maybe also like a mea culpa, we didnt need to do that that maybe thats what this is most like, and it would be likely we make a new stock market hi
Security of closely keeping under review the kind of security that we need to keep british shipping said. Also coming up the White House Social Media summit what do the people attending have in common well a love for donald trump and no love for the Mainstream Media. And theres these people who dont like me and probably dont like you im going to talk directly to my followers about what i know about the White House Social Media summit tomorrow. On to our viewers on p. B. S. In the United States and all around the world well we begin the day with another clash on the seas between britain and iran tehran is denying accusations that its boat attempted to intercept a British Oil Tanker near the strait of hormuz the royal navy says that one of its frigates was forced to intervene it comes a week after the u. K. Seized in a radiant tanker loaded with oil allegedly headed for syria a violation of e. U. Sanctions against damascus and as tensions rise with tehran over tankers london is trying to
Be free slurpy day if you drink them fast enough. People love this holiday. Theyve been doing this for 17 years now. And its much more popular than 7elevens other big promotional holiday, free wrinkled tiny hot dog thats been sitting out since the bush administration. I believe thats october 8. Todays the day you spend hours waiting in line for a slurpy for free, or you can pay a dollar any other day and get one in like two seconds, nothing against slurpies. As a general rule, i dont drink anything that has the word pee in it. We have a good show, the director of the linthe lion ki jojon favreau is here. And from the usa soccer team, alex morgan and Megan Rapinoe are with us. [cheers and applause] if your daughter wants pink hair, and we have music from Taylor Bennett. The president hasnt extended an invitation yet to the u. S. Soccer team to visit the white house. But today he rolled out the orange carpet for all his favorite wing nuts. He held a social media summit at the white house
Maria we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, Fox Business Network dagen mcdowell, the American Conservative Union chairman mat sclapp and michael block, great to see everybody this morning. Great to be here. Great to be here, im glad its dry. Maria im glad its dry too. We have a storm that we will be tracking, look at the markets, michael, another record high yesterday. Record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency . Dow jumping above the 27,000 mark for the First Time Ever yesterday. A couple of weeks ago jay powell was waffling on path to rate cut later this month and he came out this