Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is down four basis points from yesterdays highs, investors are hoping for answers at the Federal Reserve jackson hole retreat happening next week were jay powell is expected to take the stand and speak in a speech next friday. We will be covering that jackson hole meeting as well. Mortgage rates also skyrocketing with the thirtyyear fixedrate sitting at 7. 09 . That is the highest rate since april 2002. The very latest on the market, the fed in the economy as more american say bidenomics is not working. European markets in the red, take a look at the eurozone with s p in london lower by 56, the cat cant appears lower by 55, dax index in germany over by 93. Nhl red across the board, hong kong and hang seng index down better than 2 overnight. Joe Bidens House Oversight Committee james comer is demanded the National Archives into handover all emails sent to and from Robert Peters. That is one of many names joe biden has been using on emails connected to business deals in ukraine. Judiciary chairman jim jordan subpoenas fbi and d. O. J. With big tech collusion with the government to censor americans online. Joining the conversation, capital director strategy Francis Newton stacy, then president daniel garza. Mornings with maria is live right now. House Oversight Committee james comer is demanded that the National Archives turnover unredacted emails which involved then Vice President joe biden, hunter biden, ukraine and burisma, the committee is asking for access to a case record titled email messages to and or from Vice President biden and hunter biden. They are targeting specific humans were hunter biden used to cinnamon, Robert Peters or robin ware or jr beware, all different names he was using on these emails, comer also set a letter to the archives writing joe biden has stated that there was an absolute wall between his familys foreign business schemes and his duties as Vice President. The evidence reveals that access was wide open for his familys pedaling. Joining me the House Financial ServicesSmall Business committee. Good to see you, welcome. Thank you, great to be with you. Maria an Interesting Development with joe bidens aliases, all of these names that were learning from james comer used on emails, what can you tell us about this. What i know anything with joe biden in the bigeye and his other aliases such as robert. Peter, robin ware, we know its not robinhood because theyre keeping all the loot for the biden family. They are indicating that that is Vice President biden at the time. Therefore those records should be made available and their links to any week investigation that show a direct link to the bigeye, i. E. Joe biden. Maria do you have any sense of whether or not the Oversight Committee is going to now see a dearth of evidence because of the new special counsel, young david weiss running things, the special counsel in the hunter biden investigation. Is that going to stop the flow of information to the House Oversight committee. They can say this is an investigation david weiss is in charge we can send anything to congress anymore. Wise took five years and got nowhere any set up the sweetheart deal that he let the statute of limitations and any set something up that was unlawful based upon the activities and crimes that were committed. We are largely planning for the republican majority to be handling that anything related to this investigation. Sure were going to press him. It is a special prosecutor, he should be delivering investigatory evidence, real truth and evidence as to the situation at hand. Maria now we understand the Top White House lawyer, stuart gallery is leaving the Biden Administration next month and hes been there three years serving the president , biden released a statement calling him the trusted advisor, a new report claims that President Biden is very obsessed with the negative coverage of hunter. So much so advisors and aides dont mention the topic during campaign meetings. This as the media focuses entirely on donald trump for indictments and now we understand more coming from arizona at this investigation, what are your thoughts here. It is outrageous, im spending a lot of time at county fairs and talking to hundreds of people and people use the word disgusted, literally disgusted. We compared the offenses made clear by the biden family millions and millions of dollars dealing with china and the darkest corners of the world and then indicting donald trump for questioning election for documents as president , he was only one that had the right to pull such documents. It is simply outrageous, people are outraged. We gotta continue to get to the bottom of it, understand the differences in this and provide evidence. In pennsylvania somebody said we have Endless Mountains of evidence. What are you going to do with it. There are a lot of issues facing our country. So many issues, thanks to bidenomics in the biden policy. We got to know whether or not our president was involved, is compromised and took payoffs, instigated bribes and committed extortion and theres a lot of evidence appointed that direction. Maria we all want to see the evidence that President Trump was supposed to release in a conference on monday but he canceled it, his lawyers are saying thats awkward to do you any good, you have to fight this in court not in the public gentlemen, the legal team is requesting the january 6 to try a be pushed off until april 2026. You know the special counsel jack smith once the trial to be a quote unquote speedy trial he wanted to start january 2 of next year but were looking at the for indictments against President Trump as Arizona Attorney general chris m annound he is investigating trump over the 2020 election after katie hobbs told reporters that the state should press charges against former president. We dont know where this investigation in arizona is going but you mention a whole host of other issues youre on financial services, the committee, what are you expecting when you come back in september. As a priority going to be an impeachment inquiry for President Biden or keeping the government open given the fact that the government runs out of money on september 30 . I think there will be an impeachment inquiry but because of the large amount of evidence that exist. I also think the timing on this is highly suspect and what did they think the American People are stupid with these timing on these. Every time there is a bit of evidence that comes out, there is another indictment, supremacy clause, the Supreme Court is not about allowing investigation to interfere with elections. That is a very valid reason to watch the timing on this so its not weapon iced against President Bidens opponent. Maria we notice that as well, good to see you as always, somebody keeps calling you quite early in the morning. Dan meuser. Thank you very much. Sorry about that. Maria thank you dan meuser. The white house keep saying how great bidenomics is. But an overwhelming number of americans think otherwise. The new entre nous poles fresh fox news pulse, John Ratcliffe is here he will weigh in on the Corruption Allegation of the President Trumps request for a trial in 2026. Dont watch that youre watching mornings with maria live on fox business. With voya, considering all your financial choices together. Can help you be better prepared for unexpected events. For a brighter financial future. Thanks. Ahh, pretzel and mustard. Another great combo. Voya. Well planned. Well invested. Well protected. I have type 2 diabetes, but i manage it well. Jardiance its a little pill with a big story to tell. I take oncedaily jardiance, at each days staaart. As time went on it was easy to seee. Im lowering my a1c. Jardiance works 24 7 in your body to flush out some sugar and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. Jardiance may cause serious side effects including ketoacidosis that may be fatal, dehydration, that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. A rare, lifethreatening bacterial infection in the skin of the perineum could occur. Stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction, and dont take it if youre on dialysis. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Jardiance is really swell, the little pill with a big story to tell. Were traveling all across america talking to people about their hearts. Ooh, take this exit. Hows the heart . I feel like its good. You feel like its good . How do you know when its time to check in on your heart . How do you know . Let me show you something. It looks like a credit card, but it is the kardiamobile card. That is a medicalgrade ekg. Want to see how it works . Yeah. Put both thumbs on there. That is your heart coming from the kardiamobile card. Wow with kardiamobile card you can take a medicalgrade ekg in just 30 seconds from anywhere. Kardiamobile card is proven to detect atrial fibrillation, one of the leading causes of stroke. And its the only personal ekg thats fdacleared to detect normal heart rhythm, bradycardia and tachycardia. How much do you think that costs . Probably 500. 99 oh really . You could carry that in your wallet of course you can carry it in your wallet, right . Yes, yes. Checking your heart anytime, anywhere has never been easier. Dont wait. Get kardiamobile card for just 99 at kardia. Com or amazon. Maria welcome back time for the hot topic of the hour, fox news pull reveals 80 of voters believe the state of the economy is only fair or port only up from 69 from april 22 at 1. Much more than that, half of voters believe President Biden has made the economy worse. Your reaction. The Latino Community is feeling the pain. 86 feel its going to be worse in 2024. What we are seeing here is cronyism run amuck, green subsidies, union carveout special exemptions to the connected in bidens world, it really is a redistribution of economic pain that is being heaped on the American Workers causing them to take on two jobs, put off purchases and its creeping their lifestyles in a way that is painful. Im not surprised by the polling that were seen. Maria frances, part of the issue is President Biden and his administrations green agenda the Climate Change agenda undermines growth in so many aspects because you are shutting down Oil Independence in america. 1000 this is statistically inline with over 60 of american living paycheck to paycheck, they do not have 400 in emergency, they are putting record amounts of Credit Card Debt into the system and they are paying more for everything in inflation is getting ready to be accelerate and they could see that, gas prices are going up, oil prices are going up and even if those taper off into the back half of the liberty risen there is a lag going into the cpi, americans are not feeling confident in their savings from the pandemic have dwindled significantly, that is going to get dry and these people going to be miserable trying to make ends meet. Bidenomics, inflation is working. Deceleration is going at the rates are going up. Its getting more and more expensive and every time the Federal Reserve raises rates, your credit card Interest Rates go up and there will be a threshold of the breaking point and he needs to talk to these people. They are not in the stock market, they dont have assets and even people in the stock market are not at alltime highs from the end of 2021. Theyve gone back to even, its not like the thriving. Maria the two biggest issues right now that i see really affected american citizens as well as a market, oil and rates, rates are spiking, you have the thirtyyear fixedrate mortgage and 7 , that has potential homebuyers walking away and Energy Oil Prices are backup to the highs, 80 around that on crude and that is undermining any efforts to take on inflation because the cost of transporting all of this, transportation is elevated. That keeps inflation elevated. Has a Chilling Effect on the consumer and the purchasing power that they have. Obviously the wages are underwater given the inflation continues unabated in the whole thing about the white house celebrating bidenomics, they got the football at the 50yard line and got pushed back to 20 years in the celebrating like they scored a touchdown. Americans are looking at this in the upset because they are having to suffer the pain but not the politically connected or the favorite in the biden world theyre doing just fine like Green Energy Like you were talking about. Maria investors seem to be doing just fine as well. The stock market is not reflecting these worries were talking about again in the nasdaq of almost 30 year to date although things seem to be pivoting this august, woody expected the rest of the year, have we changed sentiment with the august selloff that weve been reporting. August selloff has been remarkably low volume. Powell is backward to be able to take his foot off the gas when it comes to tightening in this market was pricing and rate cuts for next year end now the market is not pricing and rate cuts because this is the real acceleration in inflation so thats whats happening the cost of capital is going up. I think we will see a selloff continue, i dont know how much or how far but ultimately we will see a correction until we see a credit event ended we will see major Market Action to the downside. Maria were waiting to see if issue drops in the commercial Real Estate Market which could be a catalyst there in all of these topics will be front and center next week, tune into the first Republican Debate on fox news wednesday night at 9 00 p. M. Eastern moderated by Martha Maccallum and bret baier, they should be paid, 9 00 p. M. On fox news for the first Republican Debate were all the Economic Issues will be on the table. A quick break and the risks of recession, skyhigh prices are affecting every class of american. That is next. President biden refusing to discuss his Upcoming Trip to hawaii, that is making a buzz. Stay with us, well be right back. Its not just designed to look good. Its built to command attention. Its not just a comfortable interior. Its a quiet refuge. Theyre not just headlights. They light the way forward. The new fully electric audi q8 etron models. Tourists tourists that turn into scientists. Tourist taking photos that are analyzed by ai. So researchers can help life underwater flourish. The first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. We just got an order from dinosaur, colorado. Start an easy to build, powerful website for free with a partner that always puts you first. Start for free at godaddy. Com when people come, they say theyve tried lots of diets, nothings worked or theyve lost the same 10, 20, 50 pounds over and over again. They need a real solution. Ive always fought with 510 pounds all the time. Eating all these Different Things and nothings ever working. Ive done the diets, all the diets. Before golo, i was barely eating but the weight wasnt going anywhere. The secret to losing weight and keeping it off is managing insulin and glucose. Golo takes a systematic approach to eating that focuses on optimizing insulin levels. We tackle the cause of weight gain, not just the symptom. When you have good metabolic health, weight loss is easy. I always thought it would be so difficult to lose weight, but with golo, it wasnt. The weight just fell off. I have people come up to me all the time and ask me, does it really work . And all i have to say is, here i am. It works. My advice for everyone is to go with golo. It will release your fat and it will release you. Maria welcome back lets take a look at futures and factual decline at the start of trading the dow industrial down 27, nasdaq doctor gayton as to be lower by five points. One of the issues, Interest Rates are spiking, the ten year yield yesterday reached highs not seen since november 2007, were seen a pullback this morning but look at the ten year sitting at fourpoint to 24 down five and h