in protests as the city council votes to defund and cut more than 100 officers from the force. we have the latest, plus uprisings in portland and chicago. markets meantime pointing gains at the open, 279-point gain on dow futures. gains across the board this after mixed performance yesterday. look at the blue chips go. the nasdaq finishing in the red after a week showing in the tech sector money peeling out of the stocks but the dow gaining more than 1%. 357 points. protecting your data, flaws and snap dragonship putting 1 billion android phones at risk from a hack attack. looks to connect all of your smart devices to one another. vaccine risk. vladimir putin says his country has a vaccine but here at home the epidemic can affect the effectiveness. checking the world and stock market action, european markets are up across the board. we have gains north of 2% in england, france and germany. in the uk another 81,000 people lost their jobs last month. that number was slightly better than what economists had been looking for. in asia overnight, only lousier there more than 1% in china, auto sales were up fourth straight up topping 16% in july. president trump rushed out of a briefing as shots are fired feet from the white house. cheryl casone has more on the developing story, cheryl. cheryl: good morning, scary moments at the white house yesterday. president trump abruptly escorted from the white house briefing room on live tv from secret service. he came a short time later and he explained what happened. >> there was an actual shooting and somebody has been taken to the hospital. a person was shot by secret service. i'd like to thank the secret service for doing their always quick and very effective work. cheryl: well, the president also discussed the economy saying that he expects it can grow by 20% in the third quarter. he's also considering cutting taxes on capital gains for middle-class families. coronavirus dipping in the united states falling 16%. first decline in four weeks and new cases dropping in hot spots. confirmed cases topping 5 million across the country and the race for a vaccine, gilead sciences filed application of remdesivir showing effects against the virus and president vladimir putin says the vaccine has proven efficient and one of his daughters has already received it. well, seattle police chief carmen bass, the city department defunds her department and the city council did not include her in discussions and resignation letter bass reminds the vast majority of residents support them. well, massive rescue after huge gaffe explosion in baltimore yesterday. one person killed, several homes were leveled. at least 7 people were injured. crews now searching that rubble. it is still unclear what sparked that blast, dagen. those are some of your headlines this morning. back over to you. dagen: thank you so much, cheryl, we will see you shortly. focusing on stimulus. taking a look at markets this morning, gains across the board, 270-point gain on dow futures, stocks finishing higher, dow and s&p ending up 7 days in a row. s&p wrapping up the day less than 1% from a record high, but let's talk about long-term interest rates. you've got the ten-year treasury yield close to all-time low which was about half of 1%, so which way do we go here. joining the conversation head of u.s. rates cfa gregory and joining the conversation all morning long senior writer at the wall street journal jon hilsenrath. you will be called hilsenrath and lonsky. commentary writer saraj hashmi. jon: dagen, people have called me much, much worse. dagen: my name auto corrects to davenport. no offense. there's the issue is if those yields go higher does the stock market rally's lose steam? >> if you look at last week, we traded in and around 50 basis points which is the lower end of the range in terms of nominal yields. the real story has been ten-year, negative 100 basis points late last week. i think short-term dynamic, what you're having here is we have a ton of treasury supply. we have the deficit numbers, 2.7 trillion for the first nine months, projected 3.7 trillion through the end of the year, so supply this week really led by the long end of the curve. most of the supply to date to manage deficits around pandemic and coronavirus is focused on short-end of the curve. now we are seeing shift out the curve. i think the backup in yields is a little bit of a concession. keep in mind the fed is begonia consistent basis and chairman powell has been clear if they need to enact some sort of large-scale purchases which would focus on the curve, they're willing to do that. dagen: lonski, get in here. >> i would say yes, let's not overlook the fact that the fed is buying u.s. treasury bonds from letting costs damage economic recovery. with this rally in treasurieses we've had quite a rally with corporate bond fields, today the single bond yield lowest since 1950. i am looking at the lowest long-term moody's b double a grade. borrowing costs are fantastic. we even have junk bond companies able to go in the market at ten-year maturity and raise money at 10%. lonski and i will push it back to greg. how does adding more debt as a corporation solve with the debt bubble going into the pandemic? >> dagen, listen, what's going on for the most part is this morning is being used to refinance outstanding debt. it's not adding debt. that's an important consideration. so companies improve their cash flow by refinancing higher interest rates, debt that's outstanding with new debt that's far less costly and the extra cash flow might go to funding capital spending and helping keep employees on staff. dagen: i want to move on the stimulus. helping americans who need it the most. 250 billion, quarter of a trillion dollars, 600 per week from early april to end of july, this is according to wall street journal. the white house and democrats signaling they are open to restarting stimulus talks after fail to go reach a deal over the extended covid-19 aid. greg, are the markets banking on another stimulus whether it's fixed income and the treasury markets or even stocks? greg: i think the answer is yes. i think the market is banking on a deal getting done. you know, we look at it, we look at the president's actions over the weekend. i mean, executive order here has become somewhat of a norm. if you look at obama, you look at the bush presidency. it's not just a republican phenomena to use executive order, within the context of time something needed to change with this dialogue. you had the democrats at 3 and a half trillion and republicans at a trillion, they want to spend the difference on trillions. these are trillions and not millions. shy of 3 trillion on the fiscal side and the feds increased sheet and they are not utilizing the money right now but it's there if they need it. something changed within the dialogue but i do think in the end the best thing for the country, the best thing for the american people, for the republicans and democrats to come back to the table, get a proper congressional deal done but if you look at risk assets, to john's point, you look at equities and risks across the board, the markets are anticipating something getting done. dagen: makes me nervous, the skeptic in the group. jon hilsenrath, really quickly, in terms of the executive orders from president trump, how much of that money could actually start going out to individuals? just even the payroll tax deferral because it really is up to businesses to start giving employees more of their money. jon: yeah i think it could be within a couple of weeks and i remember back when they launched the first. i guess it was the second round. a lot of people were skeptical that the treasury would move that fast and it did. i think we have to take him at his word that they will move pretty quickly. one other thing on talk about the rally and bond yields, bond yields are falling, one thing we have to consider is whether bond market is sending different signal and usually when stock prices go up, bond yields, interest rates go up because it's signaling more growth. i wonder why it's the case and i don't know the answer to this that bond yields are going down and stock prices going up at the same time. i'm sure john lonsky has some answers and maybe we could get them later. dagen: i can read from the wall street journal article. [laughter] dagen: we can quote from that. growing unrest in seattle and chicago. retired four-star general jack keane, the latest on lebanon. russia says his country already has a vaccine. dealerships want to hear from you. the pandemic fueling massive car buyback. find your keys. find your get-up-and-go. find pants that aren't sweats. find your friends. find your sense of wander. find the world is new, again. at chevy we'd like to take you there. now during the chevy open road sales event, get up to 15% of msrp cash back on select 2020 models. that's over fifty-seven hundred dollars cash back on this equinox. it's time to find new roads, again. 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 it's supposed to. once-weekly trulicity is for type 2 diabetes. it's not insulin. it starts acting from the first dose. and it lowers risk of heart attack, stroke, or death in people with known heart disease or multiple risk factors. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're 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, severe stomach pain, changes in vision, or diabetic retinopathy. serious side effects may include pancreatitis. taking trulicity with sulfonylurea or insulin raises low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain, and decreased appetite, which lead to dehydration and may worsen kidney problems. we're committed to helping ensure trulicity is available and affordable. learn more at trulicity.com. dagen: seattle police shake-up. police chief carmen best resigning next month as the city council moves ahead with cutting 100 officers and 50% budget cut next year. joining me new york former police lieutenant, professor darrin porcher. darrin, this is what we are seeing. the people in law enforcement are not supported by the city who are seeing rising violence, spikes in shooting across the country and you have somebody who has been a steadfast quitting. >> it's unfortunate because police as mechanism reduces crime nor engages the community. as a result, we have a knee-jerk reaction that's being propelled by the city council to defund with the growing sentiment. dagen: she described them and her neighbors had to keep the protestors are trespassing and she stood up to the council, the city's decision to surrender that police precinct. she pushed back on the ban on pepper spray because it left the tools to fight the unrest and here is where we are. what happens in seattle? does it get worse? >> i clearly believe that this is going to get worse. oneone of the things that the police chief stood for was the removal of chemical weapons that the police were using in connection with the large mobs. it's been a clear state of chaos that's been plagued in the community of seattle and no one has stepped forward with the exception of the police chief in the defense of the citizens of that city. this is going in a progressively bad direction. this reminds me of bernie sanders' politics to say the least and we really need a steadfast leader that can step to the forefront and that can be in agreeing that public safety is necessary because the state of chaos is causing the city to spiral out of control. dagen: then we move to chicago. more unrest there. the anarchists turning their attention to chicago police last night calling for the release of people taken into custody along the city's magnificent mile on sunday night. this was for looting and robbery. chicago police superintendent david brown and mary lightfoot calling for law and order. >> criminals took to the street with the confidence that they'll be no consequences for their actions. >> this has nothing to do with legitimate protected first amendment expression. to those who engage in this criminal behavior, let's be clear, we are coming for you. dagen: siraj, i want to let you get in here, again, very tough talk from the police chief and the mayor from chicago. this city has accepted federal agents to work in as part of operation legend. get in here. >> my question is focused on carmen best resignation first domino to fall. are we going the see more police chiefs walking out or stepping down? >> well, i can say that from my personal experience i believe that you will see more police chiefs that will resign or step down so in connection with your question, is this the first domino to fall, i believe that's correct. i think this is the time for police chiefs or police commissioners to posture and push back against these radically elected officials that are not looking through the lens of public safety but they are merely vowing to sentiment of radical protestors which are placing that community in harm's way. dagen: darrin, more time next time. always great to talk with you. so much to discuss and next time i want to get in jon hilsenrath here because he's covered extensively. the spike and shootings and murders across the country. darrin porcher. thank you so much. coming up next president trump sounding off what he is saying about covid-19 stimulus aid next. bear warning, the national parks telling visitors how to handle potential encounter. details ahead. you're watching mornings with maria live on fox business. ♪ ♪ experience the ultimate sports hub. where you can find games, news and highlights. all in one place, right on your tv. the xfinity sports zone. use your voice to search every stat and score. follow the teams you love. and, even get notifications with breaking news alerts and more. with the xfinity sports zone everybody wins. now that's simple, easy, awesome. say xfinity sports zone into your voice remote today. dagen: boosting the u.s. economy. president trump saying he's considering a capital gain's tax cut for americans still reeling from covid-19. the president also weighing in on the economy at the white house yesterday. >> there is no reason why the economy can't grow at a 20% pace and also at an income tax cut for middle-income families. we are looking at expanding the tax cuts that we've already done. a lot of money will be going to a lot of people very quickly and i've instructed the secretary of the treasury to move as quickly as he can. dagen: jon hilsenrath, a lot to pick at, what say you? jon: first of all, the term stimulus is a little bit misused right now. we hit a wall when the virus hit the economy and i think the most important way to get the economy back on its feet is to tackle the virus. if you look at states like arizona, for instance, their unemployment enrollment and unemployment benefits started going up in the last couple of months because they had an infection surge. new mexico which got infections under control has been going down, and so the lesson i take from that is that the best -- the best medicine for the economy right now is getting the virus under control. we might need stimulus down the road but i think people want to go out and shop. there's pinned out demand and savings and businesses will invest when the certainty around the virus gets resolved. dagen: lonsky, one thing that jon hilsenrath has talked about more money heading to the states and the democrats wanted a minimum additional $800 billion to the states and their 3 and a half trillion dollar stimulus package. that's not really going anywhere right now but is that a good thing or a bad thing? the states got including medicaid aid a quarter trillion dollars in the cares act. >> as long as the money is spent wisely and as jon hilsenrath said, this money should be spent in a manner so that it helps to fight covid-19. maybe it's not a bad idea, but, you know, we talk about the debt obligations of state and local governments and as i mentioned earlier it is incredible how low state and local government bond yields have declined even without any guaranty from the federal government that they'll get such aid. dagen: saraj, final word to you. >> i'm just going the say that president trump politically speaking is best to go it alone through executive orders because gaining political wins from congress is going to be mute. nancy pelosi and chuck schumer just don't want to work with them and it's in their best interest to make sure things are bad as possible so they canouter him -- oust him from the office. dagen: technically what we had this weekend some folks having their asses handed to them. punishing response to u.s. action against hong kong. the company ramping up production of popular white. finally, i ran out months ago and i can't find any. i'm stealing them from work, not really. you're watching mornings with maria live from fox business. ♪ ♪ s ♪ ♪ and there has never been a summer when it's mattered more. wherever you go, summer safely. get 0% apr financing for up to five years on select models and exclusive lease offers. -my grandma. -my cousin. my great-great grandmother. she was all of 4'11" but very tenacious. a very independent woman. driven, passionate. embodied grit, perseverance. she marched. -she wrote. -she demanded. she was proud to pass on a legacy of civic mindedness to her descendants. i'm very proud to carry on her story. all: her story -find their stories. -make them count. at ancestry. dagen: welcome back i'm dagen mcdowell in for maria bartiromo. it's tuesday august 11th, let's take a look where markets are at 6:30 a.m. eastern. gains across the board. more than 1% gain on the dow futures. this after mixed performance yesterday. nasdaq finishing in the red after a week showing in the tech sector, but 350 almost 8-point gain on the blue chips. european markets, gains across the board of gains of more than 2% n. the united kingdom 81,000 people lost their jobs lost month. number, however, slightly better than economists were expecting. in asia overnight, shanghai composite the only loser there and china auto sales were up for the fourth straight month topping 16% growth in july. lebanon's president now searching for a new government. cheryl casone has more, cheryl. cheryl: an entire government, dagen, that's right. the prime minister and the cabinet resigned yesterday there. this over the handling of last week's deadly explosion in beirut. more than 200 people died in the blast. the resignation comes after days of violent protests there. one police officer was killed in the demonstration. well, will soon be part of new family. partnership between authentic group and simon property property group. 125 brooks brother stores would remain open. the clothing store filing for bankruptcy last month. one to have players in the story and that stock is up more than 1 and a half percent. finally, look at what's stranding on foxbusiness.com. hyatt locations in the u.s. will require hotel guests to wear masks or face coverings at all indoor public places including bars, restaurants and the gym. global holdings raised $21 million selling worthless stock before regulators persuaded the company from selling more. hertz filed for chapter 11 back in may. i can't get them either. i feel your pain. i can get toilet paper and paper towels now. that's a step in the right direction now. dagen: i used my last role of paper towels last night. [laughter] dagen: i know. it is what it is. [laughter] dagen: i shouldn't use that phrase. thanks, cheryl. u.s.-china tensions intensifying. china's foreign ministry imposing sanctions on 11 americans, senator marco rubio and ted cruz. the u.s. putting sanctions on 11 chinese and hong kong officials due to controversial national security law passed earlier this year. joining me now fox news strategic analyst retired four-star general jack keane. general keane, great to see you as always. where do we go from here? jack: where it's a strategic change taking place and due to china's malign behavior and accelerant has been epidemic that became a world pandemic and they contributed to the spread of it and clearly they are being held accountable and what countries are doing is they thee reassessing relationship with the chinese communityist party and some countries are clearly very dependent on china economically, but even others who have huge interest are looking at china and going forward in a relationship and starting to adjust that relationship. the united states has stepped up as a global leader here and trying to build a broad coalition to actually redesign the strategy dealing with the chinese communist party. clearly their behavior is -- is to many countries. he's literally stepping over the countries in the region and also the world at large and that's the strategic that's taking place. dagen: what other countries doing and what can they do from essentially protecting themselves from china and the growing threat? jack: well, most important thing is to work together and the united states government recognizes this. i mean, when they came in this administration they certainly saw china as long-term strategic threat to american people and american security and they defined it as such and that was the first time the framework had been established, but focus was largely economic and largely trade imbalance and now government has taken whole government approach in dealing with it and ensuring up the relationship with partners and allies starting with the region itself where the chinese communist party has trampled over our partners and allies in the region's interest and are doing so on a regular basis. the answer is to align together and certainly strength in the numbers and the administration recognizes that and i do think the strategic shift that is going to continue, it reminds me of postworld war ii and how countries align themselves against the threat of russia, obviously then the soviet union and we developed a strategy to deal with that that transcended administrations whether republican or democratic and that's major challenge in 21st century in america dealing with the chinese communist party. dagen: right or wrong, the american people and people around the world see this virus killing hundreds of thousands of people globally and it originated in china and they see -- they see the danger, whether it was right or wrong, they see the danger. moving on the lebanon's prime minister general stepping down in the wake of deadly explosion in beirut last week, protests across the country raging since the blast. your take on this, general. >> well, lebanon is in serious trouble. this is the second government since december. then assad resigned and took entire on protests and they have continuing power outages, their banking system is broke, poverty very much on the rise and it's largely due to a political system that has failed the country and the reality -- the reality is they are full of corruption. most of the people in the political system former war lords, going back to 1980's of civil war that took place in lebanon and catastrophic explosion that destroyed a portion of the entire port and downtown area, hundreds killed, likely there's still thousands missing so that where will be where the numbers will go, i'm assuming into the thousands. what the heart of this a fundamentally broke political system that has tremendous economic impact on the people. they are being crushed, crushed by it. dagen: i want to ask you about national security adviser robert o'brien saying that chinese hackers are targeting the u.s. election infrastructure. what are your concerns this november with, again, potential interference from foreign bad actors? jack: well, first of all, 2016 was certainly a major wake-up call in the united states as russia definitely was attempting to interfere with our elections, something they've done all throughout eastern europe. they did it with the uk-brexit election and china and iran are also involved in this kind of activity. so the good news is, dagen, our government has antenna up on this and the second good news is that the president revealed in an interview a few weeks ago that in 2018 at the midterm elections, russia was trying to penetrate and meddle in our election and cyber command under the authority that is the president granted them conducted an offensive cyber-attack against them and shut it down. that -- that being the case, the united states is poised not -- not to accept this. there will be consequences so the leaders are russia, china and iran who are trying to do it. they -- they do it by trying to penalize one of the candidates through disinformation campaign and they do it as you suggested in the introduction, hacking into the actual election infrastructure itself which was not successful in 2016 nor in 2018, not that they won't continue to try, they will. what they are really after is they want to undermine the people's confidence in the democratic process. after all, these are authoritarian regimes and the greatest threats to the regimes are democratic countries out there that have independents -- independence and freedom. that's what they are undermining. dagen: i know you can at least speak to this. vladimir putin has come out and said that russia has registered the world's first covid-19, but there's -- he even compared it to the global -- the global space race, i believe, the russia officials have compared it to the cold war era space race but the west is very concerned, people in the west that russia has accelerated the clinical evaluations to the point that there's real safety concerns about this. just speak to propaganda out of russia. jack: well, it's full-time work for them. they constantly do it and putin since he took over in 2000, 20-year experience with him, he wanted russia to become world power and usually at the expense of the united states. it doesn't surprise me that he's trying to announce to the world that they are the first country that has a vaccine. yes, and our scientists here in this country will openly question the efficacy and safety of the vaccine for sure. i don't think it's something that we can trust. dagen: general, great to see you. jack: great to -- talking to you, dagen. dagen: you don't want to miss this from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. stocks by the slice from fidelity. (vo) because we know you want to get back to going your speed... ...steering life at 10 and 2. you're prepared for this. and so are we. soon you'll get back to skipping the counter without missing a beat. back to choosing any car in the aisle. back to being the boss of you. go national. go like a pro. dagen: a coronavirus vaccine potentially complicated by another health crisis gripping the united states, obesity. scientists say vaccines can be less effective in overweight adults leaving them more vulnerable to infection. joining us now family physician jennifer caudle, doctor, what do you make of this? doctor: obese may effect how well somebody amounts response in terms of vaccines. we do i do think that some obese people are less likely for appropriate response when they get vaccinated. we don't know how those overweight or obese respond to covid-19. something to be on the lookout. we have to see. i think what's important here, even though this is a question that we are asking and that we are looking into and sort of being in the lookout for it's still going to be important for all people who are eligible to get the vaccine, so weight or body mass should not be a reason why someone does not get the vaccine but we do have to see if there's groups it does not perform as well. dagen: we don't want to discourage people from getting out getting it once a vaccine is more widely available. dr. jennifer caudle, great to see you as always, sorry for little amount of time but we certainly appreciate you being here. coming up 5g security, how hackers can get ahold of your data. we are taking a look. plus complete confidence. a puerto rican airbnb leaving nothing to the imagination, details next. what happens when a wireless carrier puts its customers in charge? well, the good news gets shared. and it gets rated #1 for customer satisfaction. but don't just take our word for it. take theirs. it's your wireless. your rules. only with xfinity mobile. call, click or visit a store today. dagen: it's time for the morning buzz, first up, slow-running friends. the national park service says reminding visitors not the run from or pushing friends towards bear to save their own lives in the event of a close encounter. saraj, how would you react to a bear getting close to you? >> i just want to say it's in my 3 highly mobile friends is easier to ask for forgiveness than it is for permission and i actually would make the case that, you know, to get everybody on board, you really have to look at the second amendment, the right to bear arms, maybe every american should have bear arms to finally punch a bear if we come close encounters with them. dagen: here is what you do and i know from living out west in colorado for a couple of years. don't run if you see a bear. you're actually supposed to get down in a ball and cover your ears because the bear might play with you but he might accidentally like tear one of your ears off. that's what you're supposed to do. [laughter] dagen: too late to find out who your real friends are when someone pushes you toward a bear in a wilderness area. up next, partying, want to celebrate 70th birthday with you virtually. live stream with celebs like shaq, andrea bocelli. shouldn't he be paying people to come to his party? >> if it wasn't for his invention 40 years or so ago, perhaps we wouldn't have -- be able to party virtually today. i'm just struck by the fact that it was 38 years ago that i first had my encounter use of an apple computer, old programming languages. you have to give a lot of credit for coming over these hurdles that may personal computing possible. happy birthday. dagen: i learned basic on apple 2e in like the 80's when my hair was bigger. finally, bubble style, puerto ricans can be with nature staying in airbnb, jon hilsenrath, would you consider the bubble? jon: i looked at the pictures. the bubble looks pretty cool. the curtain actually answers my questions. i'm wondering when i put my do not disturb sign out on the bubble and the cleaning lady comes in the morning to clean out my bubble, is she going to be able to see in. i guess if i've got a curtain that solves my problem. dagen: who would want -- who is traveling these days, right? jon: well, you know, if you're going travel you might as well travel into a bubble. that i'm sorry like a safe place to be. dagen: saraj, you in? >> you know, ill only bring ernie with me in the bubble because then i actually have people who pay attention to me. dagen: man, you're humping the dog, not literally but figuratively. we will probably see saraj's dog in the show. i understand the love of dogs, but, you know, we will have to wait. >> the only other creature that wears suit as much as i do. [laughter] dagen: jon, were you saying something? >> plenty of sun, my goodness. dagen: jon hilsenrath, final word. jon: if i ever go to yosemite with saraj i'm bringing good pair of sneakers. that's all i will say on that one. dagen: thank you for that. word on wall street. what investors are watching this morning, plus pandemic dating, how match is profiting from love during covid. that's ahead. mornings with maria live on fox business. ♪ ople. and their financial well-being. it's evident in good times, with decisions focused on the long-term. and crucial when circumstances become difficult. that continued emphasis on people - our advisors, associates, clients and communities gives us purpose, strength and a way forward. today. and always. . . . now is t time for a new ba fromath er. every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. go from old to new. from worn to wow. the beautiful bath you've always wanted, done right, installed by one expert technician, all in one day. we've been creating moments like these for 35 years, and we're here to help you get started. book your free virtual or in-home design consultation today. dagen: good morning. i'm dagen mcdowell, in for maria bartiromo. it's tuesday, august 11th. your top stories, 7:00 a.m. eastern. frightening moments as president trump is hustled out of a news briefing yesterday afternoon after shots are fired outside the white house. >> hopefully soon. excuse me? >> mr. president, what's going on? >> what's happening? dagen: the president got back to business moments later, covering issues from coronavirus to stimulus to the 2020 election. we've got it covered. meantime, vice president joe biden may have his own pick for vp sooner than we think. who is on the short list and who is pushing him to choose a woman of color? markets meantime point to gains at the open, 247 point gain on the dow futures, this after mixed performance yesterday. the nasdaq finishing down slightly with some weakness in technology stocks. protecting your data, flaws in snap dragon chips putting at least 1 billion android phones at risk for a hack attack. how to keep secure as 5g technology looks to connect all your smart devices to one another. calling all car owners, dealerships want to hear from you, the pandemic now fueling a massive car buyback. and finding love on your phone, which apps are looking to capitalize on video dating? "mornings with maria" live right now. checking on global market action, european markets are up across the board, gains of more than 2% in england, france and germany. in the united kingdom, another 81,000 people lost their jobs last month. but that number was slightly better than what economists were looking for. in asia overnight, the shanghai composite the only loser there. auto sales, however, a winner in china, auto sales up for the fourth straight month, gaining 16% in july. joining the conversation all morning long, jon hilsenrath, john lonski and siraj pashmi. great to see you. first, some of the top stories this morning. frightening moments at the white house yesterday, president trump hustled out of a news conference after shots were fired outside of the white house. cheryl casone has more. cheryl: that's right, dagen, scary moments indeed. president trump abrupted escorted from the white house briefing room by secret service just minutes into a news conference that was live on television. he came back a short time later and explained what happened. >> there was an actual shooting and somebody's been taken to the hospital, the person was shot by secret service. i'd like to thank the secret service for doing their always quick and very effective work. cheryl: the president also discussed the economy, saying that he expects it could grow by 20% in the third quarter and he's also considering cutting taxes on capital gains and for middle class families. well, coronavirus deaths dipping in the u.s., falling 16%, this marks the first decline in four weeks according to reuters. confirmed cases now topping 5 million across the country. the race for a vaccine, gilead sciences filed an application with the fda. remdesivir showing effectiveness against the coronavirus. and russia says it believes it may have already found a cure. president vladimir putin says the vaccine has proven efficient and one of his daughters has already received it. well, police body cam video of george floyd's arrest was officially released to the public. the video captures the moments before floyd's death. >> don't shoot me, please. don't shoot me. >> i'm not shooting you. >> step off and face away. >> stop falling down. stand up. stay on your feet. >> i didn't mean it, man. mama, i love you. i love you. cheryl: the videos were recorded by former officers jay alexander and thomas lane. both men an are charged with aig and abetting murder. derek chauvin has been charged with murder. all four are now awaiting trial there. well, seattle's police chief, carmen best, announcing she will resign next month as the city council voted to defund her department. she says the city council did not include her on discussions and her resignation letter, best reminds her officers the quote, vast majority of residents support them. those are your headlines, dagen, from the newsroom. back to you. dagen: time for the word on wall street, a look at what top market experts are joining. joining me now chief investment officer, mark tepenstall, mark shulman and john lonski. stocks finished mostly higher yesterday. the s&p 500 booking its longest stretch of gains in about 16 months. the nasdaq was down slightly. traders trimming positions in big tech stocks. joel, where do you see technology stocks going with these kind of lofty valuations. >> thank you very much. good morning. we've seen tech stocks priced to perfection in the last three, four days, starting thursday, friday, we've seen some of the highest providers particularly in the cloud drop, dropping 30, 40%. investors have to be careful. by the way, these are with earnings surprises that are positive, on revenues and on profits and they've had in some cases positive guidance. the stocks are priced to perfection. we think there's room to run. we think with the news coming from overseas, they still have further room to run. we see money shifting to offshore. we're seeing 2 billion last two weeks going to non-u.s. stocks. we're bullish on small caps in the u.s. and small caps globally because they're catching up right now. dagen: taking a look at the 10-year treasury yield, it's off the kind of low of the year. mark, if yields go higher do you think the markets are losing steam? jon hilsenrath brought this up. yield's been up, up at 0.6% at the moment. but there's been this rush to the safety of treasuries but stocks have been rallying. what's going on here? which is a better indicator of the road ahead? >> well, i do think that the treasury bond market since late march has felt a little bit like groundhog day where every morning we wake up the 10-year treasury yield is in the vicinity of 60 basis points. i think in a lost of way the fed chair has achieved the goal of pushing investors out the risk curve. corporate credit spreads have been moving tighter since late march, after the volatility since march. i think it's easier to pay a high pe for a microsoft or apple when the pe on the 10-year treasury yield is north of 160. so again, fed chair powell is winning the war i would say in terms of trying to incentivize investors to assume risk today. dagen: the u.s. economy in focus, president trump saying he expects 20% growth in the third quarter. the president also considering cutting taxes on capital gains and for middle class families. john lonski, i think it's the expectation of 20% growth but it's in the third quarter, but it's after that that people are concerned about. >> that's very important. there's a lot of agreement with the president that the economy will grow by roughly 20% in the third quarter. there are some forecasters calling for growth of nearly 30% in the third quarter. what happens later is what matters the most and thereafter perhaps we're looking over the next let's say the fourth quarter, first quarter of next year, growth of roughly 6% on average. that seems to be what the market has priced in. the market's very confident that the fed will do whatever is necessary to see to it that we have enough liquidity to keep the recovery going and that the fed will also see to it that long-term interest rates will not be allowed to rise to levels that might stymie the equity market. dagen: john lonski, before we go, i'm going to put you on the spot. so the markets are running this morning and a lot of it is being attributed to this statement, this you announcement out of russia from vladimir putin that russia has registered the world's first covid-19 vaccine. doesn't this at least on the surface seem overdone, given that there are vast safety concerns about how russia has pursued this vaccine, that they have rushed it, that they have accelerated clinical trials and test trial times to the point that people certainly in the west, scientists and others are not comfortable with this but you see the markets running oh, you're going to see all the headlines about this vaccine announcement but, again, is it too much of a knee-jerk reaction? >> i think it's too much of a knee-jerk reaction. we saw that in europe. we had very sizable gains perhaps in reaction to putin's statement. i wouldn't put a lot of faith in any guidance from vladimir putin. dagen: thank you all, john lonski, mark and joel shulman. much more ahead this morning. coming up, texas congressman chip roy talks president trump's executive orders and the latest on 2020. at 8:00 a.m., tyler goodspeed talks executive orders. protecting data, flaws in snap dragon chips putting 1 billion android phones at risk for a hack attack, how to keep secure as 5g technology looks to connect all your smart devices to one another. and history lessons, how the 1619 project is changing the way children are taught in america. all that, plus this. calling our car owners, dealerships want to hear from you, the pandemic now fueling a massive car buyback. plus, the future of flying, we'll introduce you to one company offering you charter flights on demand. you're watching "mornings with maria," live on fox business. ♪ if you want to be my lover you've got to get my friends. ♪ make it last forever, friendships never end. ♪ if you want to be my lover you've got to give. ♪ taking is to easy but that's ckthe way it is. or what's tr. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. don't just think about where you're headed this summer. think about how you'll get there. and now that you can lease or buy a new lincoln remotely or in person... discovering that feeling has never been more effortless. the lincoln summer invitation sales event is here. dagen: boosting the u.s. economy, president trump saying he expects record gains in the third quarter as he aims to help everyday americans through the pandemic. >> we have new jobs are rising and unemployment is falling faster than nearly anyone thought. there is no reason why the economy can't grow at a 20% pace in the third quarter. a lot of money will be going to a lot of people very quickly. and i've instructed the secretary of the treasury to move as quickly as he can. >> within the next week or two, most of the states will be able to execute. dagen: the president also talking about breaks for middle class americans on taxes. john, the president is talking about -- you kind of have to separate the economy and the data from the presidential election. but the president is talking about one quarter. it's the quarters after that that are a concern for everybody. >> this is john lonski. hilsenrath or lonski? dagen: hilsenrath. jon: i agree it's what happens after that that matters. to understand the perspective of a 20% growth rate in the third quarter, you also have to look at what happened before that and not just after that. the economy contracted at a 33% annual rate in the second quarter for reasons that we're all very familiar with, the shutdowns related to the virus. and what a 20% growth rate in the third quarter tells us is that we're going to be some way out of the hole that we fell into but not all the way out of the hole we fell into and it's a good thing we're climbing out of the hole. that's great news. but we won't be all the way out of it by the end of september, october, november. dagen: i raise this issue, hilsenrath, with you last hour about -- so these executive orders out of the president, he acted because congress couldn't come together and put together a deal. but on the payroll tax deferral, the journal just put up a story about employers are wary about the tax deferral. this is from richard rubin, your kind of top notch tax reporter, that they have to -- the companies are looking at whether to actually give this money back to employees or not, they're just not certain about what the road ahead looks like. hilsenrath. jon: well, in part because a deferral is a deferral, it's not a cancellation. so eventually people are going to have to pay that money back. and it might front-load some spending that might instead have happened in january or february, maybe you front-load it into october or november. but it's not very clear how far that will get us. another thing that we talked about in earlier weeks, i'd love to hear lonski's view about this, is that i think that one of the big hits that's coming to the economy in the second half of the year is state and local governments and this is a very politically divisive issue but they rely on sales taxes, a lot of these state governments, their sales have been shut down by the virus and the closures and most of these states have to balance the budgets, their constitutional -- they're constitutionally required to do that and there's going to be a lot of belt tightening in the second half of the year that's going to hit red states and blue states and the hard question for the federal government is does it help them. and you know, i think we're not hearing enough about that debate in washington. we're hearing all that the payroll tax and the unemployment benefits but that is really going to be a headwind for this economy and we've got to get our of hands around it. dagen: lonski. john: i think a lot of the state and local governments will be forced to borrow money in order to bridge these cash shortfalls brought on by the drop in sales tax revenues. there also might be a problem with the property tax revenue as it relates to commercial property, retail property, jon's bringing up a very good point. i would add to that, not only are we talking about deferring payroll taxes but we have been deferring the payment of mortgages, we've been deferring the payment of rents, other types of consumer credit and i can tell you that there are a lot of cheap credit officers at banks that are very worried about whether or not any of this debt, any of these rents will ever be fully repaid. that's a big headache. and it's a risk factor for the economy moving forward. dagen: siraj, what you have the president trying to do is -- the economy had been his strength and that was what voters gave him top marks on, and that has changed some. so he has to be proactive. he did over the weekend step up in a way that kind of shamed nancy pelosi and chuck schumer about you're not going to get anything done, i'm going to step up for the american people while you twiddle your thumbs. is that effective or not. >> it is effective. he's going to catch flack from constitutional conservatives by going the obama route by governing through pen and phone. the election is less than three months away. he's got to have a sense of urgency to make the economy turn around. it was his blue chip, you're right, 100%. the top -- the main reason why republicans stuck with him, despite him being an untraditional and unorthodox president was because you had record surge in the stock market, you had record low unemployment in 50 years, i mean, these are things that under a republican president you normally expect to go well, but it went phenomenally for president trump. so the fact that this is all -- because of coronavirus, whether you want to blame him for the federal government's response or you want to blame the state and local governments, ultimately the buck stops with him and when it comes to the 2020 election, voters are going to think how good is my situation now than it was four years ago and if it's not good, president trump will risk being a one-term president. dagen: someone raised the issue yesterday evening with me about why does the president keep referring to it as the china virus. and i just said it's just -- it's his political way of reminding people where the virus came from and rather than focusing on our government's response, he's focusing it on the origins of the virus and he has pushed back on china in the last four years. coming up, the michael flynn saga, federal appeals court will rehear the case of the former national security advisor later today. we're taking a look. buying a car, dealerships looking to put extra cash in your pocket. you're watching "mornings with maria" live on fox business. ♪ we're going to rock on to electric avenue. ♪ and then we'll take it higher. ♪ we're going to rock -- you doing okay? yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys. that's you? the truck adds 10 pounds. in the arms. -okay... transfer your service online in a few easy steps. now that's simple, easy, awesome. transfer your service in minutes, making moving with xfinity a breeze. visit xfinity.com/moving today. dagen: cars for cash, dealerships fueling a pandemic buyback program. jeff flock is in burns harbor, indiana with more on how your car could make you extra money. hey, jeff. >> reporter: have you got one you want to sell? i know you love cars. this is the time to do it. there has never been a market like this we are told on cars. take a look at used car sales right now. new car sales, famously down year over year. new car sales down. used car sales up 9% despite the pandemic. that means inventories, the availability of used cars is way down, down 22%. john schmidt is the used car manager at lakeshore ford. have you ever seen -- you've been in this a long time. >> nothing like it. it's incredibly difficult to buy anything right now. >> reporter: you're out there pounding the pavement. if someone comes in for service, you say i want to buy your car. most of the cars you get are at auction, correct? >> majority, yes. >> reporter: take a look at the numbers on auction. right now auction prices are the highest they've been in history, 14,000, almost $15,000 a car. >> oh, yeah. oh, yeah. paying 6, 7 grand over what i was a few months ago. >> reporter: 6 or $7,000 for -- more for a truck than you would have paid three months ago. >> yes, sir. >> reporter: what's driving this? >> supply and demand. >> reporter: people not buying the new cars, so they're not tuning the used car in. >> your average car is 10 years old, they're price conscious, you look at the new car, how expensive it is, you go three years a back. >> reporter: i think we can see -- you get warranties on these used cars as well. >> most of them are certified which give us a seven year, 100,000 and three year, 48,000-mile bumper to bumper. >> reporter: i'll tell you, dagen, i think you know this. i have never bought a new car in my life. i always bought used cars. i tend to ding them up a little bit. they would be lost on me anyway. everybody's on to me now, apparently. dagen: jeff, i had never bought a new car. i had always bought used. you can get so much more car for your money. and you get certified preowned, it's still got maintenance coverage on it. however, i did get a new car recently. in july. first one ever. i'm 51 years of age. and guess what? in 10 days of driving, the air conditioner broke when it was 100 degrees outside. so i drove 10 hours back from southern virginia with no ac. with the windows down. >> reporter: oh, man. dagen: yeah. >> reporter: sweaty dagen, that's a picture. dagen: like the red neck i am. took them three weeks to fix it. we'll see. i'll keep you posted. i'm sure jeff really appreciates that story. jeff, love you. coming up, president trump's executive order as one lawmaker weighing in next as the administration goes it alone on coronavirus aid. plus, a house like no other, the chicago home taking thin is in to a whole new level. the stunning photos ahead. ♪ we've always put safety first. ♪ ♪ and we always will. ♪ ♪ for people. ♪ ♪ for the future. ♪ ♪ and there has never been a summer when it's mattered more. wherever you go, summer safely. get 0% apr financing for up to five years on select models and exclusive lease offers. did you know liberty mutual customizes your car insurance ta-da! so you only pay for what you need? 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additional people lost their jobs last month. that number slightly better than what economists expected. the markets there to the plus side, big-time, gaining more than 2% in england, france and germany. in asia overnight the shanghai composite lower but south korea, hong kong and the nikkei in japan to the plus side. in china, auto sales were up for a fourth straight month, topping 16% in july. the michael flynn case back in the spotlight today, cheryl casone has more. hey, cheryl. cheryl: a federal appeals court in washington is going to once again take this up. the court is going to be rehearing arguments today over the department of justice's decision to drop charges against the former national security advisor. judge emmett sullivan asked for the hearing after being ordered to dismiss the case. doj claims the fbi set up flynn before he pleaded guilty to lying about contacts with russia back in 2017. well, mgm resorts, that stock up in the premarket more than 5% after iac anunsed yesterday -- announced yesterday it purchased a 12% stake in the casino and hotel giant. iac's chairman is calling the $1 billion investment a once in a decade opportunity. he's telling shareholders that mgm's online gaming business is what initially attracted him to this. and it was not a picture perfect day for eastman kodak's stock yesterday, the stock plunged as much as 43% after the loan to produce drug ingredients was put on indefinite hold. the securities and exchange commission is investigating how kodak controlled the closure of the money from the government, the stock up 13% in the premarket, after yesterday's story. word on the deal began to emerge on july 27th. the stock price rose 25% at the time. a lot of eyes on eastman kodak and how this was handled. dagen: stimulus stalemate, treasury secretary steven mnuchin saying that new federal unemployment benefits will be rolled out by states within the next two weeks. the extension of additional benefits follows president trump's executive orders on covid aid. joining me now, texas congressman, house oversight budget and veteran affairs committee member, chip roy. good to see you this morning. do you think the democrats will move to file suit to stop the distribution of these unemployment benefits? that seems to be legally a sticking point in terms of the president's ability to reallocate money to pay these benefits. but do you think that the democrats get in the way of that? >> well, good morning, dagen. i think that the democrats are now in a pretty sticky political spot. while they're trying to raise these -- what they call legal concerns about what the president's done with the executive orders. i was a first assistant attorney general of texas when we challenged president obama's daca orders. as a member of congress, i don't like having the executive branch take action unilaterally. the president is doing it in part is because the congress is refusing to do its job. nancy pelosi, chuck schumer is stonewall and what the president has done here is taken unemployment insurance benefits from zero dollars to $400, so listening to the democrats wailing about the policies is interesting given how much they abused the process in congress to do whatever they want to do they ignore the powers and pass whatever law they think is appropriate. they're wailing because they think they're in a political box. i think congress should meet. we should pass a ppp bill, an extension bill to help small businesses. we talked about small businesses getting hammered. we need to make sure we help small businesses survive as we try to get to the other side of this pandemic. i think that's what we should be focusing on is doing our job to help small businesses, the restaurants, the 2300 restaurants i represent in central texas employing 53,000 people who are still struggling. dagen: but the ppp grants didn't really help those restaurants. i know a lot of restaurant owners who were paying their employees an couldn't really reopen and then once the money ran out, they had to start laying people off because, again, indoor dining is still closed down in new york city, for example. and the way the ppp was administered, it was a mess and a moras. i call them lambo loans. you had a guy in florida who basically stole $4 million from the federal government through ppp grants, went out and bought a lamborghini. the only reason he got busted is because he got in a hit and run accident and drove off and you now he's in home detention at his mama's house. same thing, some guy in texas got busted for buying a lamborghini with that ppp money. doesn't congress need -- the government need to get its act together before we start allocating more money in this kind of ham-handed, haphazard way? >> i agree with that completely. i've been calling for an audit of the dollars that congress has already allocated, that the executive branch should be spending. we had a trillion dollars left, i think the president is looking at for some of these other efforts he's making. but look, on the ppp, let me say a couple things. one, absolutely when there's abuse we should go after it. this is consider w consider we e a centralized, -- we shouldn't have a centralized, controlled economy. let's be real. there are 4 million loans administered. i had a conference call this week with credit unions. the average size of the loan was about $40,000. dagen: it's very small. >> you know what the average signs of the loans are generally, $125,000. i talked to restaurants throughout the district who are only alive today, only alive today because they were able to have some amount of dollars that they could use through the ppp loans to stay afloat because of what you just said. people aren't able to get in the restaurants in full or have 50% capacity. this is the power of government in display. this is government stepping in, state and local in particular, these mayors, these governors, you step in and prohibit people from carrying on their livelihood. yesterday, the whole country was up in arms because the big 10 announced they wouldn't have football. i'm a big football fan. college football is great. i love it. but gosh darn it, all of these small businesses getting hammered and everybody is crying about football. talk about the barber shop down the street or the restaurant that's a mom and pop shop and they can't be open. we have to be cus focus on thatl people, real lives. dagen: i sit here every day and every week and my focus is always on those people who can't go back to work. people who are struggling to keep their businesses afloat. and frankly, all the people who put their health and lives on the line to get to work, to check out our groceries, to restock store shelves and to treat us in hospitals. >> thank you. thank you. dagen: let me get jon hilsenrath in here. jon, what the president did, like it or not, using executive orders, he gave aid to people who are still unemployed, extra aid, and he gave aid to people who are on the job and an incentive maybe to get people back to work. so jump in here. jon: well, i think he also put democrats in a box because if they challenge him on this on legal grounds, it's going to look like they're trying to get in the way of getting aid to those households. so i think he kind of forced them back to the table on this. what i wanted to ask congressman roy is for his diagnosis of what's happening in texas' -- the state's fiscal situation. texas came into this crisis with pretty deep rainy day reserves but the economy has been slammed, not only by the coronavirus and the shutdowns but also the oil price decline. congressman, can you size up -- we've been talking about state and local governments. what kind of shape is the texas state government in and does it need help, does it need help from the federal government in the next year? >> well, appreciate the question. texas obviously was extremely healthy coming into this. fundamentals that existed six months ago, those fundamentals still are deeply embedded here in texas. you nailed it. oil and gas, while we've had a global slowdown, the demand side has been hammered. a lot of our oil and gas producers in the state, that has a direct impact on our revenue stream and the overall strength and health of the economy. the good news is, we saw the unemployment numbers, they were the lowest they've been since we've been tracking this over the last six months in terms of the unemployment insurance claims, i should say. and i think that -- we're trending in the right direction. texas did have a rainy day fund, with the governor and instituted 5% across the board tightening across the agencies in order to prepare for next legislative session. i think texas will be really strong coming out of this, when we get hopefully, lord willing, this country, we'll get the oil and gas question manne demand bt heading in the right direction. that's the number one thing is for all of us, open our businesses up, get back in the saddle, get our economy going again for the small businesses and dagen, thank you, thank you, dagen for bringing up that issue about all of those people in the service industries that are going around serving folks, i get tired of the people that go down and get their latte and their peloton bike and think they can magically pick up tacos, that there aren't people that are having to continue to work. right. and we ought to be standing up to help all those people who are showing up to work every single day. and make sure we've got their backs. dagen: i overheard a few ladies who are in a -- work in a business that i frequent regularly and i overheard them, they've been o on the job every day during the coronavirus pandemic in new york city, coming to work on the subway and i overheard them talking about hazard pay and they said why aren't we getting a bonus, why aren't we getting at least a little bit of a raise for putting our lives on the line or putting our health on the line for coming into work and they said we know you work on tv, we want to hear you say that so here i am saying that. i want to bring up really quickly before we go that former vice president joe biden is getting closer to picking a running mate. in a letter, a group of more than 100 black male leaders warned biden he will lose the election if he doesn't select a black woman. i want to bring siraj in here on this. this is going to be the news of the day, potentially, siraj. is there any -- looks like it's between senator kamala harris and susan rice. but they've kept us guessing. >> yeah, absolutely. i have family who think it's going to be michelle obama. i hardly believe that's possible but anything could happen. i will say republicans do really want susan rice to be his running mate because they could relitigate benghazi as she was sort of the face of the defense of the obama administration following the 2012 benghazi attack. kamala harris would be the strongest chip for joe biden but if congressman roy thinks overwise, i'd like to hear his thoughts on it. dagen: congressman, final word before we go. >> well, the most important thing, the american people just want people that are going to stand up to secure their communities, strengthen the law and order so we can make sure people are safe and i think frankly right now we're just playing this political game in washington, waiting for the vice presidential stakes. it will be the news of the day for a few days. we're going to be running a campaign to make sure we have a strong economy and you can go out on your streets safely again and our monuments aren't being toppled. the american people are tired of that. dagen: greg gutfeld said what if joe biden had gotten out of the way and it was kamala harris and val demings, that would have been a law and order ticket wouldn't it have been. congressman chip roy, thank you so much. we'll be right back. motorcycle riders love the 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fox business exclusive, fx air ceo, andrew collins. andrew, how does all this work and how's business? >> good morning, dagen. thank you. well, we believe that the on demand charter market in the united states is about a 3 to $4 billion opportunity and we formed fx air to really address the needs of a marketplace that has traditionally been fairly fragmented and inconsistent. so we're bringing together premium aircraft that are coming out of a great fleet as well as some operator partners. we're bringing technology together, an app as you mentioned as well as desktop site and enhanced service levels. we were planning on launching fx air later this year but the demand, based on the environment that we're in today, one where the consumer's looking to avoid crowds and various touch points along the way, it really sped up our launch. so business has actually been one where we launched early to meet the customer demand. dagen: when fx air launched last month there were 65% of the passengers had never flown a charter flight before. is the industry changing permanently, do you think? >> i do. i actually think commercial travel is changing permanently. i've said this several times. but along the way, in commercial's journey, you're looking at up to 700 touch points or exposure points. in private it's really 2 20 exposure points to 25. i think the consumer's looking to avoid crowds. i think the 65% of new entrants that you're seeing that came in, that's not traditional. prior to covid, we were probably seeing that number as 10 to 15%. so i do think that private aviation is part of the future of travel. i think the avoidance of crowds, i think sanitization, all the things that would go with it. but i also feel that this platform is really about expanding the addressable market as well, beyond the pandemic. it's really to meet that premium flier with aircraft that i believe will service the consumer very well. dagen: premium being somebody who would normally fly first class. is the pricing on one of your flights comparable to paying a full fare first class ticket? >> it's not. in general, private aviation is a capital intensive business and we've got to get a return on our assets. what we do is we transparently price. we use dynamic pricing. and we offer ways to rationalize to the consumer the best opportunity for them relative to the aircraft, especially given the aircraft we're using. dagen: andrew, thank you. great to see you. thank you for being here this morning. andrew collins. coming up, 5g security, how hackers could get ahold of your data and how to stop it. we take a look. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. but what if you could stdo better than that?k. like adapt. discover. deliver. in new ways. to new customers. what if you could come back stronger? faster. better. at comcast business, we want to help you not just bounce back. but bounce forward. that's why we're helping you stay ahead and adapt with a network you can count on, 24/7 support and flexible solutions that work wherever you are. call or go online today. dagen: it's time for the morning buzz, first up, metal heads, give me this. metallica recording a concert to air at drive-in theaters across the united states and canada on august 29th. siraj, i predicted it was going to be the foo fighters. i was wrong. you dig? >> i can see -- i respect the hustle. they're charging for cars up to six people at these drive-in theaters. but i can't help -- the image won't escape my mind of all these cars getting into a mosh pit and making a big destruction derby of some cars might do crowd surfing on top of other cars. i think it would be quite entertaining. dagen: metallica fans are getting up there at this point. they're not even getting out of their cars because they might, like, tear a labrum or blow out their acl if they move too much next, ending childhood hunger in the u.s., william sonoma partnering with celebrities with specially designed spatulas. hilsenrath, what do you say? jon: i looked at the website. it seems like a really good cause. you get not only spatulas, they have coffee mugs and some dish towels. my personal favorites have to be dolly parton and her butterfly and i've got to throw one out to scarlet johansson, she's got her lips on some spatulas. it's kind of hard to turn that one away. dagen: thank you, jon hilsenrath for mentioning that. [ laughter ] finally, keeping it lean, a house in chicago he chicago onlt wide at one end. it's known as the pie house because of the shape. lonski, how long before it wears off. john: we're finding out that a high body mass index is unhealthy, bad for the economy. i wouldn't be surprised if eventually this is an early indication of an extension of syntaxes that will also include the sugar and salt content of food. dagen: that is a very wide hope compared to new york city apartments. i'll leaving it at that. ahead, pandemic dating, match profiting from love during covid, next hour on "mornings with maria" live on fox business. ♪ you live, you learn. ♪ you love, you learn. ♪ you cry, you -- this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. i'm dagen mcdowell for mar mar tuesday, august 11 top stories 8:00 a.m. eastern. >> frightening moments as president trump hustled out of a news breaching yesterday, after shots were fired outside the white house. >> -- >> excuse me? >> -- >> [inaudible] >>. >> president back to business moments later covering issues from coronavirus in stimulus to the 020 election we've got it covered chaos in america police she have resigning in protesters as city council votes to defund cut more than 100 officers from the force the latest up rising in portland in chicago ongoing. >> market gains this morning, the -- nasdaq dipped into negative territory but the dow blue chips pointing to 278-point gain in the futures, mixed performance, same story yesterday, the nasdaq in the red slightly after a weak showing in technology stocks. protecting your data, flaws in snapdragon chips putting at least one bn android phones at risk for a hack attack how to keep secure, 5g looks to connect all your smart devices together. >> history lessons how 1619 project changing the way children are taught in america. >> and finding love on your phone. when apps capitalize on video dating. "mornings with maria" live, right now. dagen: in europe gains across the board 2% plus gains in england france, germany number of people in ukkic out of work, falling to levels not seen since 2009 payrolls fallen 730,000 since pandemic started, in asia overnight, the shanghai composite, the only lose tler china ought sales up topping 16% in july, joining the conversation all morning long, jon hilsenrath, jon lonski siraj sashmi i apologize last time you were on i called you "siraj" you arelawed to call me davenport the rest of the hour top stories frightening moments at the white house yesterday president trump hustled out of a news conference after shots were fired outside the white house cheryl casone has more. cheryl: that is right president trump escorted from briefing room by secret service minutes before a live news conference he came back short time later explained what happened. >> there was actual shooting somebody has been taken to the hospital, the person who -- was shot by secret service i like to thank the secret service for doing their always quick and very effective work. joolt president also discussed the economy, saying expectancy can grow 0% third quarter considering cutting taxes on cap against middle class families coronavirus deaths dipping in the united states, falling 16%, the first decline four weeks this is according to reuters new cases also falling some hot spots across the country confirmed cases topping five million across u.s. the race for a vaccine gilead sciences says filed application with fda experimental drug remdesivir effectiveness against coronavirus russia believes it may have already found a cure, president vladimir putin says the vaccine has proven efficient one of his daughters has received that vaccine. seattle police chief resigned, she is going to resign next month city council has just voted to defund her department her opposition to cuts she says city council did not include her in discussion resignation letter reminds officers quote vast majority residents support them. >> crews digging through rubble one killed several other injured three homes levels in all of this still unclear what sparked that blast. >> then this lebanon president is going to lead search for a new government after prime minister and cabinet the resigned over handling of the lastly week explosion in beirut after days of antigovernment protests blaming cups for tragedy disaster dagen your headlines. dagen: cheryl, thank you for that u.s. economy president trump expects record gains for the economy, in the third quarter if at the aims to help everyday americans through the pandemic. >> we have new jobs ariding unemployment is falling faster than nearly anyone thought, there is no reason why the economy can't grow, at a 20% pace in the third quarter. >> a lot of money will be going to a lot of people very quickly i have instructed the secretary of the treasury to move as quickly as he can. >> next week or so, most of the states will be able to execute. >> joining me now acting chairman of the white house counsel economic advisers tyler you said past this week the president policies will decrease unemployment quote significantly below 10% going forward. how quickly will one the extra aid to those who are unemployed 400 dollars a week how quickly can that get out? are democrats going to fight that in court? how quickly can the payroll tax deferral happen more on that answer how quickly is money going out. >> thank you, dagen i don't want to provide time specifics because we are still working on details, here but according to the treasury secretary, quite be as soon as within two weeks. , as you know, we were very disappointed last week to observe congress abdicate economic leadership in response to that over the weekend president trump acted swiftly divisively to provide unprecedented support to americans renters, workers unemployed individuals and students during this period of really unprecedented economic hardship. >> do you expect the democrats to try and fight that additional -- the biggest sticking point in the orders from over the weekending seems to be the reallocation of money for extra 400 dollars per week unemployment benefits do you examine democrats to fight that even though would it be a horrible look for them, ? bu are they going to fight it in the courts? have you got-any indication of that? >> i am not a legal expert but i can say that on each of these four measures the president acted with existing explicit authority so certainly with 2u6789 sc 7508a the temporaried secretary is militarily authorized to defer payment deposit collection of taxes we've seen exercise before quarterly this year secretary extended annual tax filing deadline to clearly astonished authority waiver student loan payments explicitly authorized under higher education act 1965. similarly, also, with the -- the enhanced unemployment assistance 300 $federal aid with 100 dollar match from states that money was allocated under the cares act. and we have explicitly said that they can provide 25% contribution we have stated, that in in think subsequent legislation we are willing to talk that up. so i think, any claim that this is this is not statutely authorized by president is untrue also untrue is any claim that states cannot be he are going to be unable to participate. >> let me ask you about the payroll tax deferral the president did act with executive superpower and authority earlier this year, on the same note. in a similar fashion, but rubin in the "the wall street journal" has article employers are considering the plan to defer collecting, these payroll taxes but there are hurdles they are concerned about the cost, the uncertainties, if biggest concern according to this is in "the wall street journal," if the businesses stop withholding taxes without guarantee that congress will actually forgive deferred payments could find themselves on the hook what is the administration doing in communicating more certainty to these businesses to make sure they do with -- they do defer imperial packs collections. >> let me a one hundred percent clear the president desire is for the suspended tax liabilities for given desiring for legislation to make that the case, and i would challenge, those on hill to oppose this action, to try and -- to try and go against that. we have been working very closely with large payroll providers to make sure we understood stand logistics and employees are have appropriate guidance to execute in a timely targeted way. >> do you expect democrats to come back to the table more stimulus rescue package? what are you hearing. >> well, as secretary mnuchin has said we remain open, and willing to engage for a comprehensive agreement that provides incentives for employee retention and hiring. we remain committed, to providing educational fasts with support they needed to safely reopen remain committed providing enhance unemployment assistance to unemployed americans remain committed providing states, are state and local governments resources they needed to embattle this virus the president first priority is for a c comprehensive deal to achieve objectives object sent that entirely willing to pursue a fwhairoer deal to broad continued assistance to unemployed americans to provide protection for americans at risk of eviction only in absence of willingness on congress to engage in those fronts president left no stone unturned will continue to leave no stone unturned to look for every conceivable action we can provide support to americans. >> fighting the virus finding a vaccine is the greatest economic and financial relief for this country, ultimately we've got news out this morning, it is from russia, that russia has are registered they say that they've registered the world's first covid-19 vaccine the there was clearly concern about how accelerated trielals are whether safe or not you had a meant russia propaganda machine been spreading disinformation about our covid vaccines in the development here. trying to really put pressure on the u.s. maybe to do something and speed up the process in a way that isn't safe. what do you make of what russia announced today? is it propaganda? >> well, first of all let me say that we are incredibly optimistic about the number of candidates in phases one two and three trials here in the united states in conversations with secretary azar, we have been working very hard to make sure, that we can have, as expeditious roll out of trials for candidates as possible, with regard to russia we hope it is true but as is often the case with russia trust but verify. >> great to see you this morning thank you so much. >> thank you. >> much more ahead coming up protecting your data, flaws in snapdragon chips putting at least one billion android phones at risk for a hack attack how to stay safe as 5g technology wants to connect all your smart devices history lesson 1619 project is changing the way children are taught in america, finding love on your phone. which apps looking to capitalize on video dating? you are watching "mornings with maria" live on fox business. 2 only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. . dagen: college football fans waiting for answers big 10 pac-12 meeting to decide how or if they can play football in the 2020 season. sources tell eespn doubtful this fall likely to spring spring football? president trump tweeting clemson quarterback lawrence yesterday saying student athletes have been working too hard for season they are canceled #we want to play president tweeting play college football siraj your take so that there have been a number of leagues able to execute potentially able to play european soccer as a whole, they have been able to successfully play their sport without any fans, and at least in nba you have a bubble i don't see why you couldn't have college football, at least power 5 conferences say relocate to as city play games, and a neutral site, you have maybe 5 locations you can add two other locations on top that have all these at least a lot of college athletes would attend virtually, won't have to leave a bubble it is interesting solution, could work i mean a lot of logistics i go to put in place maybe spring football would be best place or time to put that in. >> jon hilsenrath, what do you think? >> uh --, you know, don't have all answer to this i do think that losing football is a huge loss for a lot of americans i was taking to the governor of colorado the other day said the two things he worries about is church and football. because it means so much to so many people, that is college football high school football i have a son going into senior year is probably going to miss senior football season, i wish i knew the answers to get kids on the field. but issue i don't know all answers we deal with loss sometimes in our life i hope the worst thing i have to deal with next 12 months is loss of a football season. >> indeed -- jon hilsenrath, we kind of look to you for the answer for it we -- that is kind of why we -- >> [laughter]. dagen: book you. >> anyway let's get -- i am putting you on spot lonski before we go -- >> here is what i say why not just -- everything school everything else football until we get covid-19 matter out of the way too many kids going to college going to high school, who are getting ripped off not getting full experience castle everything for the time being we will resume, classes, as normal once the risks have been sufficiently reduced. >> i can answer that, lonski parents needing to back to work they need to work, and women in particular, are getting, they are -- gains they had in job markets are being just decimated a generation of job gains to pay for college people needing to back to work if they can't work virtually they are in a hard place, because they can't -- they need somebody to take care of the kids or watch them, even some teenagers. coming up. >> we have a lot of unemployed individuals could serve as baby baby sitters for the younger ones. >> okeydoke, one special project is changing the way children are taught in plus playing with your hart rise of video dating the apps to get love right. what if i sleep hot? ...or cold? introducing the new sleep number 360 smart bed... now temperature balancing, so you can sleep better together. can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. can it help with snoring? i've never heard snoring. exactly. no problem ...and done. will it help me keep up with mom? you got this. so you can really promise better sleep? not promise... prove. it's the final days to receive no interest until january 2023 on all smart beds. ends wednesday. dagen: 1619 probabling education initiative developed by "new york times" magazine, is presenting a different narrative on american history, reframing the birth year to 1619 start of slavery in america some regulates issues with program even calling it propaganda, joining me now campus reform.org editor and chief cabot phillips, can you tell us more about this. >> project says re-imagining american history all they are doing rewriting readviseing saying the reason it was found to do up holed white supremacy, this project from "new york times" implemented into curricular around the country in school boards zones around the country schools being told founding fathers were evil sprite he supremacists, you've got historians experts in the field say this is hogwash complete works of fiction you've got actual fact-check before 1619 project said openly i brought up questions about many inaccuracies they ignored it went forward any away we know revisionist history but in line with left social justice narrative in line with anti-american sentiment we see allowed to go forward what next generation is going to be learning come fall. >> are parents allowed you to push back on this? what how do you how do you tackle this? because do parents just sit back let it happen? >> they should not, many parents are terrified of pushing back because of the days we live op-ed now fox news condition talking how it plays a role in are prevalence of ideas you are met with calls you are racist look at pushback people called up 1619 project have gotten renowned historians were denounced as quote angry old white men with by founder of the 1619 project after they published a paper questioning her i think so many people look around withstands when people do raise questions about left pushing narratives terrified say i don't want to be labeled a rlook anti, antiwhite supremacy or antifascism whatever it is no rule for nuance no rule for discussion concerning we have a generation being raised to believe america is nothing to be proud of the ultimate concern here. >> a difference between consuming information by choice in "new york times" "new york times" magazine, or that information being forced on children in schools. i just want to point out again emily at federalist wrote about binary choice you are either progressive, road by people on left where we are today cabot phillips. >> coming up mcdonald's taking legal action against former ceo easterbrook the scandal that is sparking the lawsuit next. ♪ ♪ and we always will. ♪ ♪ for people. ♪ ♪ for the future. ♪ ♪ and there has never been a summer when it's mattered more. wherever you go, summer safely. get 0% apr financing for up to five years on select models and exclusive lease offers. find a stock basedtech. on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. a degree for maria bartiromo waiting for ppi, those are wholesale prices for last month, today tuesday, august 11, we are watching futures 315-point gain on dow futures right now economists predict gain 3/10 of 1% for july, watch futures, as tech stocks selling off a little bit cheryl casone standing by cheryl you got the numbers? >>. cheryl: looking at few things i want to go through numbers right now this is, obviously, is i want to start with year-over-year for ppi the estimate was a loss of .7%, actually a gain of more than 1% 1.04% looking at few things let's go back look at -- demand for processed food gain 5%, for the core, month-over-month excluding energy pretty important looking for gain 1% got a gain a half percent, also we are looking at -- eventually demand -- for energy, 3 -- .3% again that month-over-month core excluded energy more jump expected half percent for ppi year over year loss .7% estimate we got a gain 1.04% so the reason i am highlighting that year-over-year for ppi because that is really the one that economists love analysts at least today going to be looking at so i send it back to you your reaction. dagen: not a big market reaction but jon lonski the numbers from charlie brady one of our editors here pitch pi month-over-month was hotter than expected up 6/10 of 1% expectation 3/10, year-over-year july ppi fell 4/10 of a percent versus decline 7/10% core hotter up half one percentage point month-over-month, year-over-year, also, hotter up 3/10 of a percent what do you make of this how do you add this up? >> i think -- sign for u.s. economy we've had a recovery by industrial metals prices, the strengthening prices at whole sale level intermediary materials indicative of improving economy indicative of start economic recovery covid-19 recession is over for now. >> jon hilsenrath, you want to jump in here certainly these numbers suggest you go -- suggest a firming they do fair marketing of economy i think really matters i would point out that michigan right now is having one of thearounds that we've seen the announcement rate was 23% back in may. down to 14%, so again that is a sign of industrial demand. inflation numbers in terms of inflation we have been talking all morning about how low, bond yields are i don't think we have to worry about inflation there is nothing in this report that makes me worry about that. but possibly some good nice are on firming industrial demand. >> thank you both. >> moving to qualcomm security flaws the company not dragon chip putting more than a billion android phones at risk checkpoint security references finding 400 plus code vulnerabilities in processors hackers could potentially record calls steal data render a phone unusable joining me violas group, paul how big of a risk is this? >> dagen this is huge you know what this is a quintessential capital of developers emphasizing convenience over security let's take a look at this for what it is, create all in won chip typically three or four different chips means they put all eggs in one basket know they are going to release it when most vulnerable typical four to six months of any software hackers basically logging in assault flaw, exploit vulnerabilities one-stop shop all of a sudden now can take control of over a billion phones why we are looking at cybercrime having a business model over six billion dollars a year revenue so this is more than foreseeable, and the consumer once again put out on proverbial limb by temperatures. >> 5g expected to change every day lives but but is it safe? >> no. no. you know what the way i look at this punching a hole in the universe we are not ready for 5g we are not ready for what we have now think about 5g as blistering seed think about it creating things in connecting things like iot internet of things iot basically all devices that we have in homes, cameras thermostats refrigerators think of the ability a heckers now having more opportunity to take control if not just your phone but about everything in your home, we are not ready for that i can tell you that right now! >> paul we have seen where hackers the gotten into say home cameras, and, actually, talked to children in a bedroom. but it was because the parent either didn't change password or set a really lousy password so people get up in arms about 5g and internet of things all my giant connected home but at the end of the day, very often it is simply mistakes that open the door to strangers. >> so very true. that is why dagen i always use term he will cheap is expensive we can protect ourselves the basis of this conversation, protect themselves doing basic things as installing a firewall at their home instead of allowing signal straight from the cable company and to your point, there are things just like that, in other things that businesses that can do can clearly protect themselves from the risk that 5g is going to create and the risk that we have today. >> qualcomm lobbying trump administration to roll back restrictions so it could sell chips to chinese telecom giant huawei according to "the wall street journal," qualcomm arguing it could lose business to foreign competitors, what do you make of this? >> i think this is a subject we talk about capitalism versus national security what is going to outweigh what clearly i see their point from earnest perspective they want to be able to generate that revenue don't want it left on table don't want it going being somewhere else from a business perspective that makes sense. what we have to embrace we have yet to embrace, on the fence with this one china is not our friend. that is an enemy of the united states. they are superior so many ways collecting information intelligence against us we do not need to assist that process. so i get side on business i get the side on earnings, but i truly believe, again, think of the business model cybercom over six billion a year anticipated in two years over a trillion we don't need to add to that problem. dagen: paul thank you great to see you -- >> always a pleasure. >> a stock alert to bring you hard-hit travel stocks taking off premarket news out of russia that its registering the first coronavirus vaccine on sunday tsa recorded highest number screenings since start of pandemic but i will caution people with this announcement out of russia, there are many safety concerns voiced by people throughout the west about the safety of this vaccine, you russian officials talked about this vaccine race comparing it to the cold war era, space race, scientists in moscow have been using military testing but they were very are accelerated clinical evaluations trialed russia put out disinformation, about trying to sow concerns about u.s. vaccines, potentially are they trying to speed up the development of our vaccines, to ensure that they aren't fully safe? again one word -- propaganda, watch out. >> coming up mcdonald's taking legal action against former ceo the scandal sparking a lawsuit next first a special report, from the tennis channel. >> welcome back to tennit canal court report for fox business pro tennis back in the united states the top seed open in lexington kentucky. >> recovered from heart palpitation ins opener anybodies couldn't get past marie closing out second straight win over bridge after two hours on court. >> -- definitely -- i -- i had expectations but on other hand i didn't have expectations you know i didn't expect all these fivemens i was looking forward to this match, and i am real happy my perform here. >> later, also advanced world number 11 took out american, she could face coe. co round two all action live on tennis channel daily 11:00 a.m. eastern i am jessica. . >> businesses are starting to bounce back. but what if you could do better than that? like adapt. discover. deliver. in new ways. to new customers. what if you could come back stronger? faster. better. at comcast business, we want to help you not just bounce back. but bounce forward. that's why we're helping you stay ahead and adapt with a network you can count on, 24/7 support and flexible solutions that work wherever you are. call or go online today. dagen: mcdonald's suing former ceo fast-food giant alleging steve easterbrook lied about sexual relationships that he had with some employees before firing last fall mcdonald's now looking to take back have severance amounting to tens of millions of dollars joining us criminal defense attorney nicole becker great to see you this is. >> thank you for having me. >> a big move bymaking. >> a big move in other words, there is a lot at stake here, mcdonald's wants millions back. from the former ousted ceo steve easterbrook. >> do you think this sets -- what is how do you think this turns out what is the potential outcome? have also, does it set a present for other companies. >> absolutely. here is how it goes. mcdonald's is going to have to make some serious arguments, in other words, one of the arguments that should be made is the failure for consideration. means when they sat down with mr. easterbrook they claim they should claim that they had more they have more liability now than they did then, because when they sat down with him, are he wasn't truthful we are finding out now that there were other things that were found, in the actual corporate e-mail when indicates he not only had original relationship of which he actually admitted to in 2019, but now has found that he has two more relationships. now, there was an actual commitment contract indicates in this business of mcdonald's you cannot have relationships with employees meanwhile, admits to this relationship, that started back in 2000 that was back in 2019. and now here we are with two more. frankly if i were mcdonald's i would say we would have never signed this agreement had they known what was going on, and they would frankly, the other argument is frankly the agreement was fraud. i say that, because -- easter brook sat there knowingly signed off on this agreement. he admitted to one relationship, and specifically admitted that there were no other employees that were in fact in relationships with him. >> the agreement based on fraud. >> they've gone to court on that thank you so much, take care thank you for being here. >> coming up playing love games one company from the power of love during covid-19 pandemic. next on "mornings with maria" live on fox business. ♪ ♪ . >> love ♪ ♪ ♪ tomorrow, we are counting down to republican national convention with rnc chair ronna mcdaniels to allocate capital the word on wall street, friday crime surging across america's biggest cities former nypd commissioner bernard kerik weighs in all right here on "mornings with maria." hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. dagen: dating and covid-19 match group britained tinnedr okay cupid capitalizing on features doctoring the pandemic spontaneous has seen subscribers jufrm 15% as more people looking for love, under quarantine, john lonski have youor friends tried video dating? >> [laughter] >> well i think, that is a little bit past my time but i will say when you think about it you know you are taking your risking your health if you go into a singles bar to a house party, so how else are you going to meet somebody, by the way, i have a question do you know of anybody who met their future spouse at a singles bar? i don't know of anybody. >> yes, i do, actually a real estate. >> do you. >> a real bar yes, absolutely do perfect stranger marrieded go a kid already jon hilsenrath video dating. >> uh okay, i am with lonski on this one we sometimes disagree but i -- it is past my time. i got nothing to add here. dagen: you have kids you have kids. you have kids. so what you be on -- >> actually they found i have my son has boyfriend they found them on college examinations i don't know video dating the old factioned way kind of a nice way. but -- >> you got. >> i guess bars don't work either. >> not right now they don't. >> i am sorry dagen -- >> no, no, i am going to introduce siraj and -- there he is, so, you know what you know what works really well picking up women or men in dogs, i will argue, that it works really well even via video dating. >> look at this little guy. >> that would work i am still working on finding the match i feel like just got kind of got a slew of men and women just at his feet waiting to pet him love is not too hard to find for him treated however is becoming scarcer except right now because -- well he is on -- his debut. >> i am a sucker for you know i love animals i love dogs -- two at home right now how old is he siraj. >> 8 years old i actually got him pampered just for this, i got he went -- >> now didn't you are talking about online, finding this match is he fixed? >> well -- not yet i mean he is actually running for president on a platform of deporting me working on first match running mate, and after that -- you know we will work object finding him his new spouse. >> he is a muffin a chihuahua. >> a long haired chihuahua look how big this guy is ooh! >> you can also do online, dieting apps. >> you know despite appearance he is just really fluffy. >> okay, i have a long haired chihuahua mix too so -- he is a special guy i am so glad that on "mornings with maria," the ern made debut. >> -- extremely wl behaved my charlie on set barked none stop i tied him to a stool he dragged it across the floor on camera, top marks. >> he hates me right now. wait till we get off camera he is going to chew me up. >> no, he doesn't, he is -- >> more "mornings with maria" live on fox business right after this. ♪ ♪ ♪ dagen: got a big retail stock rally on our hands, retail stocks rising premarket on vaccine hopes. again, this announcement out of russia. so many possible concerns, safety concerns about the vaccine, misinformation, disinformation, just propaganda coming out of vladimir putin and russia but people are looking, you know what, it's optimism in the markets and even optimism in this country you see that happening. john, let's get final thoughts from you, sir. you start. lonski, go. >> record amount of systemic liquidity is going to keep both the markets and u.s. economy afloat. dagen: got anything else? we got a whole minute, my friend. >> well, we have a whole minute. i would add to this again we are very impressed by the amount of borrowing taking place in the corporate level, they are reducing interest costs, extra cash flow that could be used to help fund capital spending and keep employees on the payroll. i think that there's simply a lot more upside to the u.s. economy than commonly thought. covid-19 is not going to be with us forever. at some point, we are going to be pleasantly surprised by the strength of the recovery. dagen: final word to you. where did he go? he's mad at you. >> he's laying down at my side. here he is. dagen: you got 15 seconds, my friend. >> i was also disconnecting ought of my audio equipment. i'm just going to say vladimir putin having the vaccine, you know, don't believe it. i agree with you. dagen: thank you. stuart, take it away. stuart: hope the dog's okay, by the way. good morning, dagen. all right. good morning, everyone. look, on a big news day like this, it can be very hard to decide where to start. a russian vaccine, joe biden's imminent pick for running mate, apple closing in on a $2 trillion valuation, tim cook becoming a billionaire. nah, none of the above. we start with a record-breaking day on wall street. here it comes. the broad-based s&p 500 is just a fraction away from a new all-time high. we may hit that high this morning. and the dow will open with a gain of what, maybe 0