Ceiling or tax reform in the next days and months. Plus, President Trump remarks come after the president huddle with National Security team in the final days of working vacation, speaking of vacation, the countdown is on, folks, we have weeks before congress is expected back in washington following their august recess, Senate Majority leader Mitch Mcconnell and Steven Mnuchin answering questions earlier today as Louisville Chamber of commerce but the focus of the discussion, it was supposed to be on tax reform, the big headline, mcconnells outlook on the debt ceiling. Blake berman outside with the very latest. Mcconnell somewhat optimistic, blake. Zero percent chance that they will default on the credit, the United States debt, mcconnell saying, look, this is going to happen, dont worry about it. He was sitting along Steven Mnuchin and mnuchin said he wants a clean debt ceiling. We will see if that happens politically but sort giving off the image today that this is going to happen. Whether or not and the timing, of course, remain two of the Big QuestionsGoing Forward. They also made pretty interesting comments, lauren as it relates to tax reform and came from Mitch Mcconnell who want to look at deductions, loopholes. For example, they were asked about carriedinterest loopholes and mcconnell said the preference will be looked at. Mnuchin pointed out that it only affects a small percentage of people in the United States and once again that it might be something that goes away when they get to tax reform. The other question dealing with tax reform is whether or not this will be revenue neutral, meaning whether or not its able to stay past ten years and this was the response from mcconnell and mnuchin. Theres some internal debate about that, that we will have to sort out among ourselves but thats likely to end up where we end up. Permanent is a lot better than temporary and temporary is a lot better than nothing. Blake here is the top Democrat Chuck schumer responded a while ago, he put out a statement, to democrats, tax reform is clear, we believe strongly that not one penny go to 1 and that any tax reform must be deficit neutral. By the way, lauren, you also mentioned the other big decision here at the white house today, thatll be from President Trump later tonight, 9 00 oclock as he will head to virginia to outline the decision he makes on the way Going Forward with the afghanistan strategy, currently 8400 troops, u. S. Troops in afghanistan, one to have possibilities on the table is increasing that by about 4,000 or so. He will outline that decision tonight 9 00 oclock this afternoon he had a little bit of fun with the eclipse as so many others are across the country. Lauren of course, we will be talking about what the potential options are later in this show, blake berman, thank you very much. Here is the president right now moments ago he was looking up at the Solar Eclipse. Maybe we can get that for you again. He had buggies glasses on and so did melania, the first lady of the United States. I missed it. I was so excited. Am i wrong, someone tweet me, was it great right here in new york at 2 44 eastern time. That was moments ago. Looked a lot better there. We have the future of tax reform hanging in the ballots. Wall street also struggling for direction. Major issues at play, investors closely watching any response from north korea as the u. S. And south korea kick off tenday military drills and President Trump gearing up for that highly anticipated address this evening on the u. S. Strategy Going Forward in afghanistan. And, of course, you cant ignore the fed here. Central bank policy as major fed heads prepare to go to jackson wyoming later on this week, so which one of all of these market moving events will be the biggest driver of your portfolio this week . Lets get right to the floor show, weve got traders at the cme group and the New York Stock Exchange at the cme, alan and we have luke and scott as well. Scott, let me start with you, i want to ask about momentum of the stock market has stalled and i say that with respect to the russell 2000. Now negative. The dow transports are looking weaker as well. Today tech and banks selling off a bit. Has the momentum changed if not stalled . I think we saw our moment shift last week. The russell has been weaker probably for about two or three weeks and the question was will the s p cash and tech stocks lose momentum. 21day moving average, i think traders, you know, dialed back some risks and then we lost 50day at 24. 48. At this point we are almost 3 off the highs. I think we are looking at 5 move off those highs, so i think at this point if youre not, you know, fully involved i wouldnt put more money involved until closer to 2400 or 2380 in the s p. Lauren speaking of s p, we have to point out that it is up 8. 3 in 2017, so many investors putting money to work. Alan, let me bring you in here. Copper having a terrific day today. We are seeing the highest levels since november of 2014. Alan. Yeah, copper is not necessarily the doctor copper anymore, it doesnt really diagnosis the economy like it used to. Its like gold. It needed to get to 3dollar level. The downside of gold action is it wasnt sustainable. Im seeing a couple positive threads even though the market may do relatively low. We are not seeing new highs in treasuries and new roles of highs and viks was actually down and the downward movement has slowed. Lauren we are looking at gold prices, 3 bucks shy of 1300 which we finally hit back on friday. Luke, let me bring you in here, you have oil prices struggling. I mean, come on, this has been a down market for the price of oil, but we saw in the past two weeks rig count, Oil Rig Count has gone down, there seems consensus among opec members to take supply, why isnt this moving price to the upside . There might be consensus to take supply off but you know who is going to have the will to do it, im not sure that any of them do and besides, the price of oil right now is really related to rig could wants and supply in the u. S. And the 50dollar mark is where the shell providers are saying that they can break even or make money. I thought it was lower, i thought it was 45. But i think they want to see a 50dollar price before they increase production and theres been rumors that theres been a lot of hedging going on as we saw a few months ago when oil gets about 50, theres a lot of producers and even sovereign nations that are hedging above the 50dollar level. They dont think its going to break that and we are going to be stuck in the range for a while. That doesnt mean to me that gasoline prices are going to go down as well. Look for gasoline to stay steady as oil goes down. Lauren i actually seen it go up where i live, good to see all three of you today, thanks for your perspective. All right, coming up, we are looking at this market, the dow trying to squeeze out a gain. Its up 1 point right now after two weeks of selling. The Solar Eclipse has come and gone but one tinny town directly in the path of moon shadow pulled out stops moments ago and guess what, jeff flock is live right there, carbondale, illinois, President Trump back at the white house following working vacation with controversy and major hole in oval office staff. Our Political Panel takes a look at trump agenda and get it back on track. More with dont let dust and allergens get between you and lifes beautiful moments. Flonase outperforms the 1 nondrowsy allergy pill. It helps block 6 key inflammatory substances that cause symptoms. Pills block one and 6 is greater than 1. Flonase changes everything. Lauren well, President Trump gears up for a big speech tonight regarding u. S. Strategy, the strategy back on capitol hill as it concerns growth agenda still stalled and it was supposed to be a week focused on infrastructure, the framework all but collapsing after President Trump gave the boot to chief strategists steve bannon, is this revolving door the new normal and what does this mean for the future of health care . And tax reform here to weigh in, Political Panel, say hello to Great American alliance cochairman derrick and democratic strategists craig, good to see both of you, eric and craig. Craig, let me begin with you, steve bannon credited with helping President Trump win the election right, the America First policy and then yesterday that was one punch, the second punch was the response that the president was criticized for to the Charlottesville Violence that we saw over the weekend past. How does this affect the agenda Going Forward . Sure. I think that there are actually two eclipses, one is the Solar Eclipse when the sun came back and the other is political eclipse in which donald trump might not come back. What we have seen in the last week is that the president has attacked republicans, senators, ceos, he has attacked anybody who stands in his path but he did seem to speak about american nazis who were protesting or gathering in charlottesville saying, indicating that they were very fine people. I think that all of those things together, the attacks on the republicans, the attacks on the senators, the attacks frankly on intelligence agencies for months, all of that is going to interfere with his ability and tonights speech and two, with any legislative agenda that he has. Lauren john weaver, republicans are going to have a tough time passing tax reform if Republican Leaders dont do more to reject what the president said about charlottesville. Would you agree with that . Do you think we have moved on . I think we have moved on. I think theres been a disconnect between the leadership and the president during the campaign and he also ran on building a wall, he also ran on tax reform and reform and health care and the microscope is going to be on our leadership but also going to be on the democrats, what are the democrats doing to advance the country and advance the agenda not just from the president s agenda, of course, but really for the American People . What are they doing to roll back health care, are they going to maintain the status quo or they want to see a new system . What are they going to do in terms of maintaining immigration system, maintaining our borders, the onus on the Republican Leadership but democrats. Lauren 12 working days left when Congress Comes back from recess. We heard from Mitch Mcconnell and mnuchin that theyre confident that they will have increase debt limit, do you agree . Economy and businesses are put in jeopardy. I certainly hope that that happens. I have to disagree 100 with what eric just said, the president the president and congress are all controlled by one party. The president has attacked his own party. Hes planning primary challenges against people like jeff flake. Theres going to be a civil war in the Republican Party and thats not going to help donald trump achieve anything. The democrats, some of the things hes going to fail at, its good that hes going to fail, tonight with the afghanistan speech, we have a president who systemically attacked our intelligence agencies and now hes going to address the country on matters of life and death and war and hes attacked the same agencies on whom hes gone to rely for speech tonight. All of this is bad. Lauren well, eric, he did get in my opinion, Mitch Mcconnell defended the president in a way earlier. He said this, judge this congress at the conclusion of it, meaning, critics are pointing out that there have been zero legislative wins by this administration seven months in but if you look at doddfrank, if you look at the Affordable Care act, these took one, three years to get accomplished. Do you agree with what mcconnell said . I also think that the legislative agenda means increasing the budget and increasing spending. There have been a lot of success by the administration, judge gorsuch, rolling back numerous regulations and craig is absolutely right. The president is also our commander in chief. Tonight he has an opportunity to lead our country but my hope is that not just Republican Leadership but the democrats can also come together and start to talk about a path forward. Thats whats he is going to start doing tonight. We are not hearing any leaks, we have no idea what hes going to say tonight. No leaks from the administration and thats a tribute to lauren thats a good point. Might be because he doesnt know what hes going to say. Lauren well, we have an opinion of what he is going to say. Look, three president s have dealt with this ongoing 16year war in afghanistan, we will find out six hours from now what the strategy is Going Forward. Good to see both of you. Thank you so much. Lauren nike bigger lagered on the dow, after cutting price target to 60 to 75. Foot locker and under armour striking out after a slew of downgrades there and foot locker hitting a nearly 4year low after cut prices to 24. 10. 32 and change now. Under armour also among the hardest hit today. It is down 3 and a half percent. 16. 53. Up next we are heading to carbondale, illinois Small College town was the eclipse center. They had the longest opportunity to view the Solar Eclipse and jeff flock was there for the event. Thank god, lauren, it took a while because the clouds blocked it for a while. I was prepared to be disappointed by this, i was not at all. Ly show you the whole event in just a in the middle of the night. Hold on dad. Moment. Maybe . You can leave worry behind when liberty stands with you™. Liberty stands with you™. Liberty mutual insurance. With some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Lauren once in a lifetime Solar Eclipse has come and gone in the last hour as businesses big and small cash in on eclipse mania, the Small College town of carbondale, illinois 8 milliondollar boast to the global economy. Jeff flock in the middle of all of it. Was it cool, jeff . I saw you looking at it in realtime . Jeff i was prepared to be disappointed. I really was. You know, a lot of people made fun, whats the big deal. I tell you, when you were here specially to totality, theres still a portion of the sun thats being blocked even overhead right now but that totality moment and it was amplified by the fact that we had cloud cover before it and the program by the way is still going on and the clouds blocked the sun and we thought, oh, no, we are not going to see totality well, at the last minute because of the length of the duration, the length of the clips, full eclipse here we got to see it just as a clouds parted and everybody in the stadium, 15,000 strong went crazy. I dont think words can describe as it begins to get dark and complete darkness, a dot darker than i thought it would get, it was a great experience. Lauren yeah, looks like it. Jeff the other thing, everybody in the stands, you know, we had republicans and democrats, we had Trump Supporters and we had people everybody was together going, wow, im here because i think this is really cool. Lauren i agree. Coming together. Jeff and so lets have another eclipse maybe tomorrow. Lauren 2024. 2024. Jeff, two questions for you. Jeff we have to wait till then. I dont know. Lauren two questions for you, how long, we are hearing carbondale