Thats why we were talking about the inverted yield curve a couple of days ago, also on deck windham chairman Steven Holmes and Deputy Director and financial ceo chris garcia, cohost of the 5 on the Fox News ChannelJuan Williams and Washington Examiner chief Political CorrespondentFox News Contributor byron york. The European Central bank with policy measures to stimulate the economy from wall street journal interview with top ecb official and incredibly wild week of trading, the dow experiencing big fluctuations, you are seeing it yesterday morning when dow futures were down more than 200 points back flipped back, gaining nearly 100 points. Take a look at three market gauges this week, third down week in a row, you see how much ground the dow would have to be to end in territory. We saw bond market, i dont want to say panic signals, signals that we havent since in a long time since 2007 with inverted yield curve and i was at the Stock Exchange the yesterday and the day before walking the motion, im curious to see what the bond market does today and how steady we can hold on the stock market. If you want to take a look at the 10year treasury, the 10yearry 10year treasury and 1. 3 is very slow and theres a lot of factors playing into move and bonds, we are the tallest individual. A lot of International Investors coming to our perceived safety of Government Debt and you mentioned the 10year note, thats when we saw the stock market take over yesterday, its been a hodgepodge and theres been concern about growth, concerns from walmart, you know what this year is actually going to be pretty good, july retail sales, you covered that, up in fifth straight month, u. S. Consumer, twothirds of gdp is hanging in there. Dagen right, consumers to bond market, this is a herd on the street, bring on the low rates. I can put money in pocket, the oil prices are falling im good to go as long as the job market doesnt struggle. Dagen jack, the people with whom you work, your clients, how are they reacting to volatility, are they paying attention to it . Not really, you havent seen reaction on main street that you would if you were going into a recession that people want to talk about, what i have been so surprised through all the trade talk and everything thats going on, the consumer is not being hit hard right now, prices havent really changed for most of the products that people want to buy and so i think that is really whats keeping the confidence going, you know, you start and things can change. Dagen absolutely, President Trump hit campaign trail last night talking about the economy, trade and china. Listen to this. I never said china was going to be easy but its not enough, they want to make a deal, we just spoke to them yesterday, they want to make a deal, they want to mick a deal, they have to make a deal and you know what, itll be wonderful to make a deal, i dont think we are ready to make a deal, we are taking billions of dollars in tariffs, see, bottom line si know you like me and this room is love fest, you have no choice but to vote for me because your 401 k s down the tube, everything will be down the tube, whether you love me or hate me, you to vote for me. [cheers and applause] unemployment for african americans, youve heard me say this very times, very proud of it, hispanic americans, Asian Americans have all reached their lowest rates ever recorded in the history of our country. [cheers and applause] you know who is the beneficiary, bluecollar workers. We need congress to pass the usmca immediately, we will make it a bipartisan deal. We dont even want credit, the unions benefit, the nonunions benefit, everybody benefits, it brings it back to fairness. Dagen your reaction to that, again, depends on who the president goes up against in terms of Democratic Candidates but if its Elizabeth Warren you can easily say she will take away your private Health Insurance and i think that that would be a potentially winner. I think it absolutely would be a winner, doesnt seem too worried about the Economic Situation right now, the good news for President Trump clearly an enthusiastic crowd, the bad news is the entire presidency he has made it all about the economy, he has taken credit when things starting to well and things starting to downhill, he will start taking some of the blame, he repeated line last night saying tariffs are working, we are taking in this kind of must be and a lot of people say thats just a fundamental misunderstanding how tariffs work, trade war, war on consumers in america and the fact earlier this week we will alleviate the tariffs around Christmas Season knows that its hitting dagen its tough on consumers as the Holiday Season approaches. But if we get a trade deal, the wall street journal wrote about this yesterday, but do a trade truce with china, europe and the rest of the world while negotiations resume and basically bring calm or heads to the table in terms of trade even before the election for the next year and a half. It would be huge, the first question is at what cost is it going to lead to recession and what voters think its worth it and the second question then becomes, you know, would that happen in time for the midterms but if going to midterm theres economic turmoil. President ial election. Into 2020. I think the only thing to prevent him from getting reelected and i do think that will be the key issue, getting a deal done would certainly play into his idea of saying im tough on china, i know how the economy works, we havent seen that so far but if you can get the deal done huge thing to point to. Dagen talk about the road in 2020 new fox poll joe biden leading among democrats, as you can see where he is now versus march of this year, ticked up in july, back down to 31 among the Democratic Candidates, senator Elizabeth Warren and Bernie Sanders, but look at how much mojo senator warren has, how much shes gained in the polls, she is in second place, 10 Percentage Points ahead of sanders, biden holdest holding the widest margin. You have little bit less of a third of support for bind, if we can put that again, third for major socialists an a third for the rest of the field, thats a really good way to look at it. It really is so much polling, in 2016 race republicans at this point, jeb bush was still in first place, Elizabeth Warren, shes here to stay, a lot of democrats view her the most palatable version of Bernie Sanders with farleft progressive ideas presenting in different way, also its playing well with democrat voters, she said i have a plan for that, i have a policy for that, shes laying tout specifics, many people might say its crazy but at least shes saying here is how we are going to do which is not on the radar, shes here to stay. Not like Hillary Clinton did, im just not trump and not actual plan and the people said biggest down fall strategically. A lot of people if they view bernie and Elizabeth Warren the same, a lot of them say we dont want an old white guy and we want a woman to rally behind. You to look at identity politics and a lot of people will say shes a better version of Bernie Sanders. She comes as prepared even if you disagree with all of her whatever policies are, whatever her plans are, she has a plan. Dagen people watch Hillary Clinton and thought, they are trying to shove this very unlikable woman who has way too much baggage, personal professional baggage and people warrant the democratic leadership and the dnc said stop doing it, you need to make room for Bernie Sanders, youre shaking your head but Elizabeth Warren you really have to Pay Attention to her ground game, extremely in iowa and extremely strong in New Hampshire, show she relates to people 101, thats something that people missed about President Trump to point about his rally, he loves being there and he does have he had this kind of Incredible Connection with the voters. Yeah. That nobody ever expected and that kind of missed people. It did and Elizabeth Warren she has energy, and joe biden doesnt have energy, and so if you have those two head to head going to battleground in the stretch, i think she has a chance. Biden legacy, for some people that would be positive and some people negative. Dagen he understands loss, recovery and healing and i think if he focuses on this and focuses on the fact that in the polls he has the best shot against President Trump, he needs to rise above when people take shots on him on debate stage she needs to push back more vigorously. I wonder will we ever ever see anybody hitting Elizabeth Warren on calling American Indian in bar application and people hit joe biden about his gaffes and goes to age, identity politics, lets make it about the peoples identity or the ones that they made up, coming up terrifying moments, watch this video, wife, young daughter and dogs and two pilots were on that plane, they all made it out okay after a fiery plane crash in tennessee. We have the details on that. Her facebook under pressure this time for reportedly failing to risk about data breach, stay with us. To nowhere. But perhaps this year, a more exhilarating endeavor awaits. Defy the laws of human nature,at the summer of audi sales event. Get exceptional offers now. Fun fact 1 in 4 of us millennials have debt we might die with. And most of that debt is actually from credit cards. Its just not right. But with sofi, you can get your credit cards right by consolidating your Credit Card Debt into one monthly payment. You can get your Interest Rate right by locking in a fixed low rate today. And you can get your money right. With sofi. Check your rate in 2 minutes or less. Get a nofee personal loan up to 100k. My body is truly powerful. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. Its not insulin. I take it once a week. It starts acting in my body from the first dose. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. Stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. Serious side effects may include pancreatitis. Taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. Side effects include nausea, diarrhea, vomiting, belly pain and decreased appetite, which lead to dehydration and may worsen kidney problems. I have it within me to lower my a1c. Ask your doctor about trulicity. Congresswoman Rashida Tlaib to be allowed in israel. Israel interior ministry has reportedly going to allow the congresswoman to visit her family in particular her grandmother in west bank, this comes hours after Prime MinisterBenjamin Netanyahu said tlaib and representative omar were banned from entering the country, tlaib sent letter to interior minister requesting per misto visit grandmother who is 90 years old. Well, nascar legend, i need to tell the story to you darrell ea rhardt, jr. , this happened in tennessee, yesterday, small private plane crashed onto a highway, you can see smoke above the wreckage, witnesses say they saw baby and dog being pulled out of wreckage, the baby is 1yearold daughter and wife amy on board and the two pilots, everyone is okay, the cause of the crash now under investigation by the ntsb. Video of shooting of 6 Police Officers in philadelphia captured by a ring doorbell camera that was recording as officers arrived to search warrant, thats how it all started, suspect wounded the cops in nearly 8 hours standoff, hostages, all the officers treated and released from a hospital and philadelphia prosecutor is now calling out the local district attorney, initiative for sparking the confrontation in the first place. Capital one is facing a lot more criticism this morning over massive data breach, this time from own employees and employees raise concerns about staffing issues in the bank, cybersecurity units, thats according to wall street journal, they also warned their offices that it was spatter of software to avoid potential hacks, total head count has risen over the past several years, obviously this is another mark against the bank and again, massive data breach that we are still talking about today, dagen. Dagen cheryl, thank you for that its really incredible pictures, though, of the i thought of you when i saw that. Dagen to have your entire family including the dog and your 1yearold and your wife walk away from that and the two pilots got out and the plane essentially just almost burned to a crisp, if you look at the photos, but, again, this really hits the heart of any racing fan because a number of people have died in plane crashes over the year, kowiki died, plane crash on approach to the tri citys Regional Airport and rick hendrick, successful, his son died in plane crash among other people near martinville, virginia some years ago, so this really kind of shakes fans and the whole racing company to the bones. Lauren well, dagen, deere stock equipment is down 3 and a quarter in a premarket so here is the reason, farm equipment, farmers are postponing their purchases of farm equipment, not a good sign on the trade war with china and uncertainty according to deere, uncertainty for agriculture business, as for earnings this was a miss, earnings per share 2. 71 a share, the expectation dagen was for 285, thats pretty significant miss, revenue, however, did beat, 10. 04 billion for deere and estimate 9. 39 billion, dagen. Dagen do you have any guidance from them . What the quarter looks like. Lauren i dont see any guidance just yet, however, they typically give guidance in november around that time, so we might not get it it. In the prior quarter they did cut the full year sales and blamed bad weather for that, i will look for anything going forward. Dagen thank you, lauren, appreciate it that. 3 loss on the stock in premarket trading, so this wild week on wall street stocks and treasuries swinging the past 4 days, poised for a stock rally at the open, we take a look next, plus amazons 30cent gas promotion causing chaos, police had to step in, thats ahead. Oh, come on. Flo dont worry. Youre covered. dramatic music and youre saving money, because you bundled home and auto. Sarah, get in the house. Were all here for you. All all day, all night. dramatic music great job speaking calmly and clearly everyone. Thats how you put a customer at ease. Hey, did anyone else hear weird voices while they were in the corn . No. No. Me either. Whispering voice jamie. What . Can the past help you write the future . Can you feel calm in the eye of a storm . Can you do more with less . Can you raise the bar while reducing your footprint . For our 100 years weve been answering the questions of today to meet the energy needs of tomorrow. Southern company to the wait did frowe just winners. Prouders everyone uses their phone differently. Thats why Xfinity Mobile lets you design your own data. Now you can share it between lines. Mix with unlimited, and switch it up at anytime so you only pay for what you need. Its a different kind of Wireless Network designed to save you money. Save up to 400 a year on your wireless bill. Plus get 250 back when you preorder a new samsung note. Click, call or visit a store today. Dagen wild week for the markets, now back above 2 , what to make all of this, brian payne, how do you position your portfolio in this environment and are you positive still on the stock market despite the volatility we have seen . Absolutely, wildly optimistic on the stock market, if i was be so bold dagen wildly. Bring it. Lets bring it, fundamentals really just havent changed, we still have low unemployment, gdp better than expected, in fact, consensus is they are going up for gdp, the consume near phenomenal shape, walmart had great earnings, from that perspective the u. S. Economy should stay strong here and the other thing that concerns me a little bit theres so much money going into bond market right now and bond prices are getting to a point where, you know, how much higher can they really go here . Thats a great point, James Mcintosh in wall street journal today has an article, forget stocks, the ultra long bonds are the real gamble. Yeah. Buying bonds at such a stupidly high price is not way to keep investment safe, its speculation and i dont think that thats something that gets said enough. Stupidly high, i love the line, you have to look at where Retail Investors are putting their money and its always dangerous where Retail Investors are putting their money, almost 500 billion going into bond fun