Talking about debate all morning seven candidates taking to stage second gob dab fox nice contributor on Reagan Library in simi valley, california. Maria, good morning to you even though former President Trump was not on that stage last night was subject of multiple attacks from those candidates perhaps because starting to realize they got to do something to get into lead in polling got to do it past Chris Christie went after trump other handling of the border take a listen. Donald trump, failed on this as well. He said he was going to build a wall across the whole border built 52 miles said mexico will pay for it guess what . I think if mexico knew he was only building 52 miles might have paid for 52 miles. Topic last night uaw strike people asked about President Biden joining the picket lines also being asked where do they stand on this strike do they side with union or do they side with the Auto Companies here is what Vivek Ramaswamy had to say. People going through real hardship in this country you know if i was giving advice to those workers i would say picket in front of the white house in washington, d. C. , that is really where protest needs to be. China brought up multiple times during debate as well specifically the National Security threats china poses to United States, nikki haley had strong answers on this topic, she also went after her former boss former President Trump regarding his handling of china take a listen. This where is President Trump went wrong, he focused on trade with china he didnt focus on the fact they were buying up our farm lavined didnt focus on 235k killing american didnt focus on fact stealing 600 billion dollars in intellectual property didnt focus enough on fact Law Enforcement drones in america are chinese, weve got all little surveillance cells we need to start focusing on what keeps americans safe. Speaking of former president he obviously, decided to skip last nights debate once again, sighting commanding lead in the polling he is essentially said everybody onstage last night was wasting their time by running against him, instead of dooeb he was holding a rally in michigan a little bit what have he had to say to supports out there. Ladies and gentlemen, i have been preparing my entire life for this battle we did a great job four years ago, we were unfairly interrupted lets be nice about it very unfairly interrupted but many ways this is better weve seen what a bad theyve shown what you say a horrible job they do, and we will be able to do things that nobody would have thought possible. Maria now we wait to see if there is any post debate polling that shows any candidates get a bump to cuting into Donald Trumps lead the bottom line here is some candidates have to start dropping out of this race if not polling well, if anybody wants to be able to compete with donald trump. Because simply not enough pieces of pie to go around with the amount of polling, that donald trump or excuse me big lead that donald trump has, 30, 40, 50 depending what poll you are looking at. We have to see are people going to drop out will that other vote consolidate and will somebody like desantis or maybe nikki haley or vivek move up in polls are getting closer to donald trump we have to wait and see. I think President Trump in front of United Auto Workers said why do debate if 57 points ahead what he said i think next debate he isolated, bill in simi valley. Border crisis in focus last night customs and Border Protection confirmed more than 11,000 total migrant encounters at the southern border in 4hour period tuesday 20 wednesday marks second time this week weve hit unprecedented threshold of 11,000 people, you were the encounters ones we know about governor of texas greg abbott, along with Texas Capital president chief executive officer rob holmes at New York Stock Exchange to ring the closing bell getting to that in a moment gentlemen great to see you both. You, too, thanks. Governor youve done so much i would like to start there, rob, you know, the success and strong of texas. And you actually wrapping up, up in a way to invest in it we will talk about that governor this week has been incredible 11,000 people, encountered how would you access this week. It is chaos a catastrophe a byproduct of joe biden open border policies maria remember throw years ago we had lowest border crossings in 40 years, because policies by donald trump remain in mexico,title 42 , build a border wall joe biden came in eliminated policies last year alltime record illegal crossings this year going to set another alltime record illegal crossings americans have had it texas stepping up to do everything we can, by putting razor wire border barriers to prevent people from coming in only to have President Bidens staff cut those laser wires illegal allow people to enter our country outrageous what biden is doing you are the only one doing anything in terms of stopping, this chaos at the border you put you this razor wire up also buoys, in water there are trying to change that as well, why . Why do they cut the wire . So that what is the answer to this. Texas is the only state in the American History actually repelled illegal grants biden does not want that to happen, biden wants those Illegal Immigrants to come into the United States, we are at war on the border the war on border between texas, the United States of america. Maria unbelievable, now you are in new york, today, to ring the closing bell with rob i want to get your take on whether or not you were able to see the impact of that a border crisis here in new york, i know your here for that weve got roosevelt hot realtime not far from here mooikz obviously, walking all offer the streets, they want jobs, Biden Administration wants to equivalent them jobs, did you get sans of any of that in new york weve heard from eric adams. We know what is going on in new york, however, most of the public does not know this fact. People are aware texas has bussed people to new york 15800, most migrants in new york were sent by joe biden. This is a problem in new york caused by joe biden, as well as other cities why joe biden isner water in polls with regard to immigration americans democrat and republicans have had it with joe bidens openborder policy. Even though enormous problem in texas at the border rob your highlighting growth of the state of tornados ringing the closing bell at New York Stock Exchange, celebrate launch of Texas Capital new Exchange Traded fund, and the Funds Management division of Flagship Fund the pasadena capital texas equity index etf tell me about the etf. Comprised 222 companies in texas, diversified microcosm of economy texas 2. 4 trillion dollars 10 u. S. Economy close to 100,000 Fortune Companies 10 u. S. Economy, highly diversified evidenced by talking about last night top five holdings, tesla schwab mckesson, race management exxon think about that, is how more diversified strong can economy be. Maria it is interesting because you think about texas you dont always think about tesla, but this has been an incredibly shot stock in the etf bodes well for etf, your governor has led a growth story in texas, how would you analyze the growth of texas right now . What is most important for us to understand about the economy of texas. There is no economy, in the america, that is growing as fast as state of texas one of the reasons, why are history is being made today because texas is the only state, in the United States that has our own etf, there are 30 countries in the world, with economies smaller than fz have their etf texas has 8th largest economy in entire world more for the 50000 Company Headquarters in texas than any other state in america 450,000 people moved to texas last year, where Companies Moving to state of texas the economy is on fire, so much so, that past year texas had a Budget Surplus of 35 billion dollars while california had budget deficit 35 billion dollars, texas is doing great economically. Youve got to talk to the leadership in washington on capitol hill about your secrets to Budget Surplus. This allows, in texas economy legalize investors to benefit from growth story that governor is talking about, what do you expecting what have you heard in terms of you know, interest in the etf we havent seen etf like this. Very unique, alternative investment, one that will of the differentiate based on what we talked about dynamic, not only Economic Indicators fantastic but second largest work foster in the country youngest, 11 tier one universities Companies Moving to texas record pace coming for lot of reasons one is talent pool talent coming up, to the School Systems in texas but also moving in, because they want to be part of it. Maria this etf is one more step in your grandmaster plan to create this titan in business Texas Capital in terms of size, and the products that you have. You are trying to create a a minijpmorgan here are. We talked about that, but tornados does is just like etf full Service FinancialServices Fund now finally has one for the first time, think about that, Trading FloorInvestment Banking led largest sole managed debt deal in country last week Investment Bank a year old it is profitable weve done 50 billion dollars, trades, Trading Floor, private wealth business of is growing 37 yearoveryear Second Quarter end, treasurys business 17 , 2 business, so it is working. I know that one lures for state of texas is the fact that you dont have the taxes that so many others do you have k income tax, i want your take on pitch for corps so many said i am ditching california i am ditching new york i am going to texas sales pitch. Income tax no Corporate Income tax because of surplus cut taxes 18 billion dollars in the texas we regulatory advisement brought elon musk in promised a factory in 18 months accelerating permits texas partners with Business Owners like partnering with rob today texas sports our businesses, ensures they will success in our great state. A great point i am glad you mentioned elon musk he has been talking border going to the border he wants to see it firsthand. What is he going to see . And tell me about that in terms of communicating what is truly going on to the public, through a man like elon musk. Elon frustrated about the fact Mainstream Media is not covering a chaos ad border by him going on border will expose to it people cross the country as well as cross the entire world, he have wants to put a spotlight on what is on the border why there must be change, at the top in United States of america. That is what i did what i tried to do going to the border five fiems one of the first times i was embedded with border patrol, a girl coming across the river 10 or 11, my guys border patrol, went over started speaking span toish her what are you doing as soon as he approached her, she looked at her shirt. I i said what was that be said maria that is what she thinks she has to do when approached by authority this is disgusting, about what is happening to little girls raped attacked ib was who are favored. Little girls assaulted like that think about story happened in new york here, where a oneyearold child died because of exposure to fentanyl, this fentanyl crisis caused by joe biden open border boil to say the Law Enforcement alone has seen fentanyl to kill every man woman and child entire United States of america a oneyearold child in new york lost life because of the tragedy. My prayers to his family another reason you have been so tough on china, by the way, because we know underlying couldnt from china are you seeing interest from institutions from this etf to appeal to large pool of potential investors. Leaving etf, growing fine outperforming outperformed since inception a little down but down less than other indices pleased with this so far. Have a great day Stomping GroundNew York Stock Exchange watching you in have closing bell integration and governor thank you for your leadership wonderful to see you both Governor Greg Abbott rob holmes here and well be right back. upbeat music constant contacts advanced automation lets you send the right message at the right time, every time. constant contact. Helping the small stand tall. Spanish. Maria welcome back take a look at futures indicating gain start of trading the dow industrials right now up 59 s p higher 6 1 4 nasdaq up a fraction, we are looking ahead to the final read of second investigatory gdp 10 minutes time everything you need to know with pacer etf distributor president shawn ohara coming up, blews lee carter is here voter reaction to last nights dooeb were going to check with lee, who resonated with audience after this short break. Stay with us. If your child has diabetes, youll want the most accurate cgm, dexcom g7. Its on. And, hes off. You can see his glucose numbers right on your phone, so you can always be there for him with dexcom g7. se fue la luz pero todavia tenemos wifi para hacer las tareas. ¿y eso es algo bueno . Wifi y estudiar. Buenisimo. Wifi y pedir una pizza online seria buenisimo. Presentamos storm ready wifi. Solo de xfinity. 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At futures ahead of read Second Quarter gdp seven minutes dow industrials highs of the morning up 60 nasdaq up a fraction,is a s p 500 right now, expectations for the gdp 2. 1 growth in Second Quarter, joining me right now the pacer etf distributors president sean ohara, how important is gdp number to markets. I dont think that this number is any big surprise i think will come in line i am worried about i think you are going to see a major revisions to previous gdp numbers, a pretty big disconnect between gdp, and gdi, gross domestic income diverging sometime i think starting to come back i i think will drive down previous gdp the negative, that is important to the markets because so far we havent seen seen any major slowing, you know with markets have been faithful resilient consumer in there tough i think starting to get long in the tooth little wary this probable in line i think will adjust down the numbers previous and i think an indication slowing more than we thought we were. Maria have you seen a reaction from investors to this slowing economy . Are they shifting the way they want the allocate capital. Yeah, were seeing, big flows in value shares low p e high freecash flow, yield different strategies very, very popular when you think what is going on first half of this year all growth and tech higher Interest Rates slowing any, that is big headwinds for growth and tech if investors lookinging to reduce risk a blight loi get i had higher dividends cash flow we have Management Strategies getting more attention friend following strategy, for example, follows s p 500 in 00 moving average a version, that nasdaq product went to 50 tbills at peak of the nasdaq earlier this year, so i think investors are starting to get a little bit concerned in seeking ways to sort of derisk or reduce the risk in portals. One way to derisk to have bought oil last couple years oil stocks as well, look at oil this morning pulling back but they hit highest level 13 months yesterday supply concerns with crude 93. 14 you said would you apply oil. The Energy Sector overall of all sectors it has strongest momentum, right now. One of the things recently, the defensive etfs dividend pairs things like that i know shawn pacer they have very interesting etfs kind of that allow for Market Participation while also simultaneously handling same point in time hp are you seeing more money flow into some of those kind of vehicles or defensive as a hedge. Yeah, the oil thin