L arry kudlow. So markets selling off big. Maybe because were not seeing another rate cut in my lifetime. Well see, oil prices surge, gold surging Commodity Index surging we have senator kevin kramer and our own taylor riggs and steve moore. They will weigh in on with irana ungarsargon and alec lace on why the biden is real threat to our democracy. This november. But first update on stock market. Economic report issued yesterday that todays selloff, a survey of purchasing managers, ism Manufacturing Index came in hotter than expected indicates a more robust economy be that level since oo. Shares of trumps Media Company dj t rising 6 after a selloff yes. Larry how about that gerri willis, we appreciate it. We bring in big money cohost taylor riggs, steve moore, and north dakota senator kevin kramer, thank you for coming back on. Let me talk to the person in the building that probably understands market best, that is great taylor riggs, by the way, i dont think well have a opposite. Yields are rising all about rate cuts. Or maybe not. Rate cuts like we have been talking about. The fed loretta said a huge risk is cutting rates too soon it could restoke some of the big inflationary measures that are underway. I think that inflation is a big issue. Larry kevin said it well last week. Too much fed yapping. Do we need mrs. Mester to tell us what the futures market is saying. It is what it is. We dont want to act too soon but really. Was there value added from what she said . I dont know if she said it on cnbc, really. J. Powell was asked this question friday. The markets were closed, they were asked are true transparent, he said i dont think so, but sometimes it can be confusing, the markets came in this year asking begging for 6 rate cuts, at least now finally they are looking at 2 1 2. They are getting more in line with what fed. Larry never seen a half rate cut what is that . You have to help me, kevin cramer, you may not know what a half rate cut s but you know about oil, from north dakota. Were seeing a big rally, the best sent december. I think or further back in october. West texas yes, brunt crude, yes. What do you make of be confusing as this guy is president. Larry steve moore, do you have an election . To dollar show rises in valley, you do not see a case for falls inflation i wish i dpr did. I mean look at what happened to crb index in 24 hours it went up substantialy, with Higher Commodity Prices that means that filters into consumer prices, someone show me the case for lower to taylor, senator kramer, for example, i would argue with the Oil Prices Going up and commodity going up and Interest Rates going up, etc, etc, any rate, cutting by the fed will be perceived as a deliberate effort intent to juice the economy to elect reelect joe biden and kevin cramer. I think that that would reduce down that kind of thinking or that kind of charge or even that kind of appearance. Senator cramer would really be very unless there is a clear cut case to lower rates, as steve moore and we have all agrees there is no clear cut race, senator cramer, fed will dig its own grave if they move. It is already under scrutiny, there are a lot of questions about how independent the federal s and remember, fed chairman always different just before the reappointed than after. I have on say, all in all, i think j. Powell has done i pretty good job of creating a soft landing but i think high will come up short, you are right, worst outcome for Federal Reserve would be perceived, it could become real teenality. That is an additional factor. Larry taylor w. Two questions. One, i had a instinct looking at the computer screen, that the commodity runs, might have had something to do with tragedy of baltimore bridge and freighter, the trend line started way before that so, i dont think that explains it. And the other thing is, the yield curve is still inverted. The fed funds rate and tbill rate ill call it 5. 5 . And 10 years at 4 40. That is a long time for yield curve inversion, does that have a meaning. You are getting me excited talking about yield curve, larry. I will say inverted wield curve, that you front Federal Reserve, is something that they use not as a sign that there say recession but more portfolio a predict or it works as a legal it inverts and 6 to 18 months later is a sign there is a recession, you could note that you get a recession because fed has been too late, in cutting rates that is why it is inverted. I dont know i hear from Market Participants that the inversion is less and less helpful the longer we go on there are structural issues with this economy that are different. I prefer that 3 month bill to the 10 but whatever. Now you sound like j. Powell. Larry that is new york fed model, by the way worked for about 50 years burke not this time but not this time, hotlanta fed, tracker model 2. 8 for first quarter. That sal most 3 . That is not nothing, it sure is not a resolution. And Loretta Mester repeated that, this economy is revised a little bit higher, this defies all logic from the economists that the economy is healthier than we thought. Maybe in part, thanks to a consumer that is not pullback yet, despite the inflationary forces. Steve moore, i know you are a big fan of the ev s and chargers, joe biden, injected a fortune to the ev chargers, supposedly in the misnamed inflation reduction act. Or whatever it called, my question, is where are they . Yeah, i think they built a couple dozen of them with several billion dollars, this is the question. What happened to that money . Where of these chargers. You joke with me about whether i bought my iv yet, what is a fascinating no one is buying them. Despite the fact they are showering this stray with money, and they are showering, saying buy the things, and you know almost more that biden pushes them the more people say give me my old fashion gas car, it is amazing we have you know, oil demand around the world as high as it has ever been a time when all biden has been talking about is we have to stop you know fossil fuel use, another point, we had this discussion on the shows about whether the fed will raise Interest Rates, single most important thing that washington could do right now to help this economy, and i want senator kramer to listen, cut government spending. Larry too easy. Way too easy. That is horrible. Larry i thought you had a more creative solution. Senator kramer, i think that biden is each charger has a billion dollars each [laughter] he put in 12 million and his 12 chargers. The model is broken. The ivmod sell broken. Very broke broke. Larry the very last word. This has been great, i would rather do this. The mod model is broken with dig subsidies only rich people can lets an electric people, they dont work worth a hoot in places like north dakota we dont have a grid or transmission or generation, were closing the efficient you know, power plants in the nation, this upside down and so screwed up, that donald trump cant get in white house fast enough for my taste. Larry the whole story is ass backward. Thank you, great taylor riggs and steve moore, and senator kramer. All right, coming up big wins for former President Trump today. He posted his 175 million and Letitia James is not getting her hands on any of his cash or businesses or assets. So there go, deal with it madame ag, we will talk about it c with kellyanne conconway and a few others, im kudlow, its nice to be back. Try Dietary Supplements from voltaren, for healthy joints. Im aline and i live in castle valley, california. My husband, barney, and i have been married for 32 years. I think the most important thing in life is to stay healthy. I noticed i was having some memory losses. I discovered prevagen. Since ive been on prevagen, ive noticed more clarity, more sharpness. The recall mechanism is a lot more concise. Ive been taking prevagen for almost 10 years. Its wonderful. Prevagen. At stores everywhere without a prescription. Not all Caitlin Clarks are the same. Caitlin clark. City planner. Just like not all internet providers are the same. Dont settle. You want fast. Get fast. You want reliable. Get reliable. You want powerful. Get powerful. Get real deal speed, reliability and power with xfinity. She shoots from here . Thats kinda my thing. Larry former President Trump had big wins today, lydia hu with details. Posting his 175 Million Dollar bond, new york civil fraud case, his assets will be protected from seizure by the new York Attorney general while his appeal moves forward, he is challenges un underlying decision by judge engoron, President Trump posted this on truth social last night and that 175 Million Dollar bond is less than half of the 454 Million Dollars that was originally required and reduced by Appellate Court last week. Knight Insurance Group is under righting under writing the bond, i spoke with chairman of the company said he would offer that bond to everyone but he is happy that his business is serving the former president. For us it seize to do. It is easy to do, it is what we do, we want an opportunity to expand our business. We feel that the cause justifies it. I had a chance to you know weigh the pros and cons, i think im doing the right thing. Reporter mr. Hankie said that trump secured that bond with cash, if trump does not win his appeal he will be forced to pay full amount of judgment. And Appellate Court wants oral arguments in september, and lawyers tell he a decision become 4 to 6 weeks after, that around the time of president ial election. Larry i know. Lydia hu thank you. I dont believe it but thank you. Couple additional thoughts on this, donald trump posted his 175 Million Dollar bond, Letitia James not taking all of his cash or assets or businesses. That is my forecast. Mr. Trump had two big wins in new york courts one appellate judge knocked down imthe bond. Second, trump posted it and make it three wins, of the successful trump media stock offering, i still believe shows great support for the former president throughout nation, it was Retail Investors not the big boys on wo wall street that bought his stock offering. Step back, look at big, big picture, reminder, that mr. Trump putting together a new coalition based on typical working folks and their families, who want to a pay raise not a pay cut and close the border not open it up to a waive of biden illegal crime and return to law and order and support police, and appreciate mr. Trumps first term tax cuts and deregulations that contrary to bidens constant untruths, by far, benefits middle and lower income workers most, they work hard, play by rules they reject the woke culture, and tired of washington bureaucrats telling them thousand live, what cars they should drive, and stove they can cook on and shower heads and es, they favor drill, baby, drill a know turning fossil fuel spigotses back on will reduce prices and increase take home pay, half voters say, they are worse after that than they were in 2020 that include young people and minority voters. They are tired of wide by inweaknesses. You can bet of bidens weaknesses. Just today in michigan mr. Trump talked about garners support from suburban wo women who would like a law and order response to bidens crime wave that the democrats continue to ignore. Take a listen. Im the only one that has to put up a bond, i put up a bond, i didnt do anything wrong, i put up a bond this morning for 175 million, i did nothing wrong, they can kill mac someone and shoot someone and walk out of jail, how did that, that is called radical left. Larry yesterday, New York Post famed columnist cindy adams said close that border and get prices down. Steady as a rock. Trump tough. Building a winning coalition. That. I take tonight. My friend Kellyanne Conway is joining me tonight. Author of the very good book, heres the deal. Welcome back. That was something. Larry he is going after suburban womens vote. Yes, and democrats think all we care about is is a borabortion, they speak to us from the waist down, donald trump wants to appeal to suburban women in full, they are worried about Kitchen Table economics security for families and for now, it is about crime and southern border, all of a sudden crisis of the southern border is in everyones backyard that is why you see a rise in concern. Also, they seem to be paying attention to what is happening abroad, joe biden has brought to us two wars, big themes in november, safety affordability, and fairness, President Trump today talked about what was fair and not fair, that how is people look at men and womens sports and tax code and 8 million coming here illegal, they to know that government is treating everyone fairly. That does not mean equal equity nonsense eq equality outcomes it i think that people hate the woke stuff. And around easter, i dont want to go down that but you know. It is swinging back now. Larry so phony. You said something, you said biden is ignores crime wave, i think he helped to create it. Why . To Defund Police in summer of 2020 is coming home to roost, you see articles out of austin, texas for example they proudly defunded police, and moved over 100 million from policing to quote public safety, an o oxymoron. And you have early retirement among police force, and you have people not able to get their 911 calls answered. They have been articles about this i think that all of this shenanigans from 2020 are hurting the democrats now. Also, on border, President Trump is right to tell se cindy adams of New York Post, this is his First Priority, this is the fi First Priority of the swing states. And now he has many nontrump voters saying, i agree with you, ill vote for you. Were glad cindy adams is well back. Another one trump is doing surprisingly well among young people and biden and his crew cant stand that, they are going berserk, they do Voter Registration for young people who may be voting for trump. A Washington Post argument talk about how democrats are conflicted whether that i want to continue to register voter who are nonregistered by party, it favored democrat by 20 now by 2, the difference is donald j. Trump, they will say they will vote for him, he is up about 15 points from 33 these got in 2020 because the economy. And safety, if you are a young people you look at joe biden, addition to having nothing in common with him. And his possibly, saying this guy think hes can buy me off, what she going, they tell you, education is top issue, democrat, only time they got excited about education was to mask unlawful us and keep us on our masks up all of us. There are many reason that young people are not going to biden, they are going to rfk jr. , you look at 5way ballot. In fox poll, trumps numbers improve in each swing state and nationally because rfk is there to take votes away from biden, he said this joe biden is the worst threat than donald trump. Larry can we run i know we were playing that clip later. Can we run it now for kellyanne. Here it. Voila. Here it comes. It is coming. One second. Tadda. Dont have st, well, that is what he said, they need to realize, that young people are going to go on rfk jr. , and a are also going to President Trump, larry i don young people, hispanics, africanamerican, women, 4 groups that trump is doing better than in 2020. He has to get pile peal home off, and tell me one thing that biden is doing that get them back. Larry how is his messaging now. Ed by trump. A policy. People a fighter, fighter does not mean fight with each other it means fight be on behalf of the people, they see him in courtrooms, he fighting for justice and for him, a lot now believe that the cases are politically motivated, even if you are offended by this tr truth social or that tone or you will vote for what affects you. Down get joe bidens message. He has semi smart people around him, i think that prospect of donald trump coming back with a 6 second term makes otherwise intelligence people crazy, to point they say and do naughty things, i dont understand their messaging, i dont understand why they dont do something on border to show they are trying, instead, here is what they are doing abide biden is doing at border, they let people come in when you arrive hard working people of america see those taking an easy right, they come here allowed to stay, and staying free of change, they arrive they get clothing, cell phones, and cash, this is not just wrong, people say, im working super hard, they are taking the easy way, you are rewarding that . Sure some people come here because they are persecuted, or assaulted. But that is not what we see on border now we see people, a lot of men, rushing the border, rushings fence. Larry young able h hee bodied men. We dont know. You are saying, trump is on message,. Larry i agree. He is on message, he is projecting strength. And determination, and very specific, and solution oriented. Trump tough. Over 200 executive order ready to go. Trump tough. I like it. Best messaging. Best in the. Thank you biden brittle trump testify. Tough. Biden border crime wave out of control. And President Trump chomping at the bit to fix it. And joe biden is the real threat to democracy well play the rfk quote from fox and friends this morning back with batya ungarsargon and alec lace on set, im kudlow, were available as a podcast, episodes every weekday after the show on get this, spotify, apple, and fox business podcast. Com. Whoopie, i am a podcast. Be right back. But. Taking the gains is smart here, right . Feel more confident with stock ratings from j. P. Mo