Transcripts For FBC Mornings With Maria Bartiromo 20160525 :

FBC Mornings With Maria Bartiromo May 25, 2016

Do. Maria outrage over comparing weight tends to disneyland has veteran Affairs Robert Mcdonald backtracked in this morning. But in assets about the controversial comments coming out. Tornadoes ripping through kansas overturning cars overnight. The forecast coming out. Retail earnings and focus today. Given us a look at the health of the consumer once again. Nfl selecting which cities will begin his super bowls 53 through 55. We will tell you where this hour. Marcus this morning looks like this. Mostly positive performances. Nikkei average up 1. 0 . Hang seng in hong kong or percent. Europe this morning looking at rallies across the board its stocks of between three quarters of 1 and 1. 5 higher in germany. Better than expected the imf in the eurozone reaching a deal over the death of an increase. In the u. S. Looking against to start today. The Dow Jones Industrial average is expected to open up 76 points. Also shows nasdaq purdue strong after yesterdays big rally on wall street. Money moving into stocks this morning. Joining me this morning, Dagen Mcdowell, steve cortes and consult as president dominik developed. Good morning. Dagen i know hes fired up already. Tree into a fantastic lineup this morning. Making it in america author john us at the third a straight Trump Organization Vice President eric trump will join us. She said she thinks is short enough that arent these folks than john spicer. Stay with us. Is it three hours. Top story right now. Protester named last violent forcing police to control the crowd. Carrots ken in washington d. C. With details. Good morning to you. Berea, good morning. Donald trump is then up the campaign trail for the last couple weeks. If last night is any indication, we can ask that to see more. Hundreds of protesters clashed outside of Albuquerque Convention center where was being held last night. I went when a group of dems traitors made a big type the event when they stormed the line of thought is, rocard tried reaching the door down. Police eventually push them back here that is when protesters started throwing rocks and bottles and fireworks at the officers. Our very own Jonathan Hunt was in the middle of the dollar got hit by a rocket up to one point. They are moving quite rapidly towards this now. Sorry, just got hit by a rock fare. Reporter other protesters took it a step further and set posters in their own tshirts on fire before it during an assault. As police pushed the crowd, protesters are smashing when does the job in not patrol cars. Several officers were reportedly injured in the past been one of brass. Inside there were protesters and demonstrators who sneak inside and repeatedly interrupted trump while he was speaking. Trump is used to this by now and use that incidents to take jabs at his democratic rivals. You know, Bernie Sanders supporters. But i hear beginquote he to Bernie Sanders because hes not going to win. [cheers and applause] the system is raked against Bernie Sanders, so he cant win. But we are going to get close to 40 of supporters. Maybe not these people. Trade to donald trump using one gops washington primary moving one step closer to officially winning the nomination. He will continue the west coast during this trip today and is holding a rally in anaheim where we could see more protests. Train to join us right now is republican strategist Gianna Caldwell and jessica tyler. Good to see you both. Who is behind all of this protesting do you think . I think the Democratic Party, which organized in chicago is behind it. We saw violet democratic who are afraid of donald trump because they believe that donald trump is the president , he would make sure the law is followed. Additionally, we have seen throughout this country, whereas its been sympathizers when it comes to live in worse then. Everything is antipolice and i think was the difference on donald trump. I dont think we should blanket an entire party with it. We now was organized by the far left and those are Bernie Sanders supporters. They were not Hillary Clinton supporters. Donald trump wants to enforce the rule of law. I dont think it banning muslims from this country. No doubt this hurts the democratic cause. People are already breaking out in anticipation of what happens at the dnc. Taking up protest permits and when you want to rail against donald trump and say he is fomenting violence, we need to be better than that. We really do. Dagen i think at the end of the day this is absurd but it doesnt hurt donald trump. It helps them. Maria enters the democrats. You agree with that . Maria the Bernie Sanders supporters disruptions in nevada. Bernie sanders essentially said the head of the Democratic Party in nevada was getting sad. If Bernie Sanders cares about this country and really cares about his supporters, he needs to step up and say some thing about it. I think this absolutely help strong. I hate to see Police Attack like this. A bad thing at a time in america. Im actually sort of cheering it on because it helps donald trump. This is a real danger. Im not insinuating that. The mac we see the manifest nation of liberal fascism. This is what the left really want to stay safe as we think of this because we want you to speak or get lost. They are not willing to hear. You have a built discourse inside the Democratic Party. They are talking about throwing her out as head of the dnc. Built discourse between sanders who is getting to be stabbed in the back of the Democratic Party. His supporters feel the democratic machine is not behind it. Dagen this illustrates the corner of the far left of enting intolerance. It is the most insane circular logic and it ever goes anywhere. Maria you dont mind seeing protesters, calm organized protesting. When it gets like anarchy, this is wrong. Maria the Clinton Campaign releasing this new ad targeting Donald Trumps Business Record of past comments on the real estate market. Listen to this. This is an economy that cant find the bottom of bad news. Tenure savings completely gone, vanished. The biggest crash weve ever had in the United States. I sort of hope that happens because then people like me would go in and buy. If there is a bubble burst as they call it, you know, you could make a lot of money. Trade to the fbi from clinton and trump responded that he said im a businessman and i spend a lot of money and downmarket. In some cases as much when markets are good at frankly, this is the think in our country needs, understand how to get a good result out of a bad and sad situation. What do you think about this, just go . Not that the perfect response that because its resonated his hip is meant. His voters feel like were singing wage moving toward socialism. So i get it. The interesting test for me will be how far people will go in terms of their support for his actually hurt them personally, that is profited from their losses. The loss of their home, jobs, and better. Its smart for clinton to keep hammering this angle and talk about what economic gains weve made. She will obviously use or has its job which is what everybody wants. But its going to be a hard sell when wages are relatively stagnant. Maria to two business guys on the set. Does this resonate . Youre talking about short of market all the time. Sure. Im not making them go down. When things go down this opportunity. Developers love cheaper land so they can build beautiful things, which is done in the city and around the world. Trade through the winery down in virginia was not at a foreclosure auction of their lives on by a rich person. Maria everybody would love to find a foreclosure situation. When you can come to take advantage of it. Take advantage of depressed prices. He didnt cause it. Maria i dont think its going to resonate. I think that it wont resume. He is a businessman. Ive got a lot of stock in aig or did very well. People want to see somebody whos strong. Hes been unapologetic and unafraid to pontificate. I think this is going to be something that doesnt play out the way he thinks it will because we see shes trying to make him out to be an alien or is out for himself. But this billionaire has had an economic populist message thats connected with bluecollar workers across the country and they just want to believe we can go beyond what appears to be a very rich system. Maria you make the assumption that people are. No one thinks donald trump caused the financial crisis. No, its not at all. It doesnt feel genuine or like he cares about the little guy was talking about profited. Its an emotional appeal that special continue to make. Maria good to see you both. Thank you so much. Straight ahead, a fresh take on the fed. How iron man from a grammywinning artist and one half outpost turn the Federal Reserve on its head. Earnings this morning including express, tiffany said cosco. But they say about the economy right now. Stay with us. We will be right back. Okay, so whats our latest data say . Our customer is a 21yearold female. Heavily into basketball. Wait. Data just changed. Now shes into disc sports. Ah, no shes not. Since when . Since now. Shes into tai chi. She found disc sports too stressful. Hold on. Let me ask you this. Whats she gonna like six months from now . Who do we have on aerial karate . Steve. Steve. Steve. And alexis. Uh, no. Just steve. Just steve. Just steve. Live business, powered by sap. When you run live, you run simple. Overwhelming and complicated. Thats why at Cancer Treatment centers of america every patient gets their own care manager to coordinate every aspect of their care. 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We saw multiple reports of tornadoes yesterday across parts of kansas, oklahoma and further west into places like funnel clouds. This overall weather pattern will continue here for several more days across the same areas from texas to parts of minnesota and across the dakotas. The threat for damaging winds. Another concern as well is because storms continue looping over the same area continue to be hit by severe weather, we do have a flood threat. Eventually by thursday they will be checked and moved eastward and at that point we are looking at elevated threat from ours here whether across oklahoma, kansas and portions of nebraska. Strong winds and by friday, the threat continues as well by the end of the workweek. To the east of the storm system we do have some warm temperatures impacting parts of the eastern u. S. A bit of a switch in the weather pattern. Cool and drizzle a bit doubtful ill be changing. Trade tumor brio melina with weather. Robert made donald facing backlash after his comment. Wait times at va hospitals to disney parks. The other headlines. Hes trying to, maria. The comments offended so Many Americans gave Robert Mc Donald apologizing and saying he deeply regret the comment. Wait times to disneyland parks. Heres the statement he issued. At va we take our mission is carried or those who shall have won the battle very seriously. We have the most Noble Mission of government. This is republican senators call ahead to preside by the controversial comparison. Apple could soon open a digital assistant siri two applications made by others at this according to a new report to release a Software Developer kit. It will compete against the amazon. Co thats going to have a speaker and microphone return a nonmusic and a lot of people using echo in their homes. Monsanto rejected by 62 billion offer saying it is open to further negotiations. The decision is pressure to decide whether to raise its current. 62 billion. Maybe this whole speculation that a mark. Darent change for the month of may. Features syndicate we do well today. A big part of it is this takeover bid. The fact that it saw cash. Its manic than the fact that monsanto said no. We want suitors here. They want to be asked by several people to dance. Bachus markets excited. Its part of the rally by missing features. What are the odds that the Justice Department steps in . I dont know. But clearly its a risk. You would create an absolute mammoth agribusiness firm globally. Does the street think margarets will comment from another company . There will be more suitors and the street also thanks this is perhaps the first of many. Every going to see more similar takeover deals . Dagen they have the time of cash. They are not ready to spend cash. Last anheuserbusch. Monsanto might go down to the european firm. Thankfully america as a foreign takeover, america generally spare receptive as we should be. Thats a good thing, i kind of transcendent health vitality. Drink is someone might also say its the sign will say chop to. In this case its not the issue. Not a lot of geographic overlap. The point of a lot of takeovers of playoffs. Its redundancies. In this case i dont think that the issue. Maria movement undermined a very strong market. Good news for shoppers. Offering charging devices for your every gadget as she shot. Who will tell you which retailers ahead next to a look at taylor swift, Robert Downey junior and donald trump make the Federal Reserve development. We will be back in a minute. I donor wonder whether i theshould seek treatment. C. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients whove had no prior treatment. It transformed treatment as the first cure thats one pill, once a day for 12 weeks. Certain patients can be cured with just 8 weeks of harvoni. 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Visit legalzoom today. The legal help you can count on. Legalzoom. Legal help is here. Maria welcome back. Big retail names reported results today including express ,com,com ma tiffanys, costco and gas. Retail has been a sore spot and the pain is expected to continue. Well cosco intention is to report numbers below wall street expect patience. Your take on retail and the health of the consumer today. The consumer has been frightened most of the year. The economy has been diapering across the political situation is really scary. Consumers have been holding type. The exception of real estate has been on fire. Consumers in an allotted money in the house and senate. Home depots, do you know, retail, clothing, insert. Maria consumers two thirds of the economy. Now people say no great height at all. As for jim gray told us yesterday in the program. Eat this effect is bluffing. It is a significant loss because theres been a litany of speakers from the fad officially telling us not only would we have a great height, but two or three this year which i personally think is not. The fed might be not maybe they think the consumer can handle that. Recent earnings show us the consumer handle that. Dagen a perilous or weak spot. Retail sales brought a friend last month were better than expect it. Online was super strong, up double digits from a year ago. Walmart doing okay. We were lucky that a number of the names coming out today were apparel. That is where you have way too much merchandise. He learned he had deep discounting going on. That will hurt earnings. People are stuffing money back into their homes, in proving it. Dagen walmart has done well because its opposed to groceries. I think about half of their businesses and grocery sales. Bomar tigre. I dont know if thats a great sign or the economy. Sometimes people are trading theyre not spending higher price. Instead they go to walmart where they can get the absolute lowest prices. In general, the earnings were extremely poor. Amazon killing perks and mortar. I dont buy that excuse because disney did terribly. I think theres something broader going on here. The saddest day hikers making a significant mistake. A policy error by hiking into a downturn. Maria we hear from jim a gallon and the fed meeting june 15. You think a june hike is not a table . The mac i think the fed is telling us it is very much. June and j

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