Coming up. Weve got the model for you that are affected. Markets this morning look like this. Futures showing direction. All expect today open lower this morning but just by a fraction. This is off of the worst levels of the morning. Coming up we are taking a look at the ipo market, shows signs of life n. Europe this morning mixed actions. The cac quarante in paris down almost 1 and germany down three quarters of one percent. Nikkei average in japan up, better than 2 . Japanese yen fell against the dollar and that certainly moved money into equities. Jersey burning after 49ers quarterback kaepernick refuse today stand for the anthem. [music] maria feeling the show with 16minute performance and controversial tribute. Weve got it for you, all the highlights there and low lights coming up on the mtv music video awards. Recon capital kevin kelly, democratic strategist harlan hill. Gentlemen, good to see you. [laughter] maria i like that. Thank you so much. Look, this is it. Final week ahead of whats going to be an incredible election season. Once we get back here next week its all system. Big week for Economic Data. Kevin specially friday actually and reaffirmed what janet yellen is thinking. We will see. Everything is leading to a rate hike rand yowp are seeing it play out in the markets right now. Maria the job numbers we are looking at and political side, people right now wait to go see how they strategize ahead of the debate. Harlan this is crunch time. Maria trump economic adviser bethanny mccoy. Stay with us. You dont want to miss a moment right now. We kick it off with top stories. Donald trump making huge advertising, campaign will spend 10 million in nine states, include ohio, florida, pennsylvania and iowa, of course, the swing states. These are ads, hes expect to go move the needle and help close the gap he has with Hillary Clinton in the polls, but will they . I want to bring kelly, thank you so much for being with us. Thank you, maria. Maria a lot of ads, negative ads because shes got the money to do so. Yeah, by the end of july 600 million worth of Television Ads to Donald Trumps 4. 8 million. So hes definitely behind the 8 ball when it comes to getting out there on tv and showing a different side of him which is the most important thing. We dont want to let Hillary Clinton define him and his message, so to get message in swing states and counterbalance what shes doing. He has a lot of money and sitting on it. What is he actually going to do with his money . Ads are number one but he needs to build a ground game and infrastructure out there so when november knows where hes at and something we havent seen yet. Maria does he need to do ads knocking Hillary Clinton or ads talking about his strength and leadership when it comes to the issues that are important, National Security and the economy . Harlan does he go positive at this point and leave the negative stuff, the negative ads, negative media to the pacs, the pacs are starting to put significant money. I would like for them to go negative. Maria he should take the high road. Kevin basically Hillary Clinton has staff about 800 people, hes got 70 or so, is that the money you had mentioned hes raised. Is that where its going to go . Is it going to go towards the ground effort in getting staff in key battleground states . On a traditional year with traditional candidate thats exactly where it would go. You have rnc doing their part and running ground game and separate ground game teams like florida, pennsylvania, ohio where youre going to need the extra voter turnout to perhaps swing the election. So far we havent seen him do this. We know that she is doing this. In an election cycle its really you need to get these people out there. Even if they hold their nose, you to identify them and get them out to the ballot box in november. Maria theres a group of white republican retirees moving to florida giving donald trump a boost in the sunshine state. The latest poll shows that Hillary Clinton has only a 2point advantage there. Who do you think about these white gop retirees . Is that going to be enough to help donald trump take florida . Well, certain move the needle and needs the needle moved. The nra is doing a lot on the ground to help get the vote out but the Trump Campaign needs to build an infrastructure there and i think they are working on it. The latest fec reports will be telling. So far we havent seen much going on infrastructure. Harlan harlan hill here, one thing that i thought was amazing about the obamas campaign in 2008, 2012, they spent a lot of time on data determining when and where to place barack obama. The valuable resource is candidate. I see donald trump all over the place. Hes doing a lot of different media appearances. Sometimes he does events in states that i dont think he can win. Not wasting time on events in media here in new york or new jersey which hes not going to win to be honest and spending it in ohio, pennsylvania, florida, states that he can win. I think Kellyanne Conway is a greatest addition. He also cambridge analytics data. Theyre used in the brexit vote in europe in terms of identifying voters who might want to vote leave and getting them to the polls. He is slowly kind of getting this, getting ground game up and running and if they have time left. Maria you have the other side of the story, citizens united, they are receiving a new batch of Clinton Emails during tenure at state department. Some emails reveal that executives contacted aids receiving special treatment from donors. Cokman Jason Chaffetz is calling on the fbi to act. Listen to this. I think the public has the right to know we certainly have been asking for these documents since 2012 and if Hillary Clinton wants to come clean and she hasnt yet. She should provide calendar, Associated Press has been fighting for years to get her calendar. She has more than one calendar. She had press conference about this and the fbi should provide congress and consequently the public an unclassified version of the report that they had. Maria calendar, why is the calendar important . We know last week we learned that away from heads of state and comparable positions, 50 of her meetings were with donors from the Clinton Foundation, thats why Everyone Wants to see calendars, why was she spending too much time with donors as secretary of state, will the fbi act on this request, what do you think . I definitely think its going act on the request but you had the state Department Come out over the weekend and theres no way to release calendars in time for the november election which is so unfortunate because we will never get a complete picture of exactly who she is meeting with and special Interest Groups with with and its unfair to the american people. Maria its a good point. What a tight moment in time. Kelly, good to talk to you. Thank you, maria. Maria Los Angeles International airport overnight a false alarm after a shooter prompted evacuations. It was a false alarm, though, but there were shots heard. More of what caused that scare next. More trouble for gm. Latest on recall of 380,000 of suvs and Police Vehicles, back in a moment [ yes. Yes. ] uhhh, youre really getting the hang of this. Anncr want feedback that helps . Verified reviews. Another reason to join angies list for free. This new ac guy is not that good. No hes not. Anncr. need a job done right . 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Maria welcome back, there are reports of an active shooter overnight in lax. That led to the evacuation of the Los Angeles International airport. Turned out to be a false alarm. Nicole pallides th the details and rest of the headlines. Nicole all terminals at lax are now open after report of a gunman opening fire causing panic and evacuations sunday night after Search Police say there were no shots fired or no injuries, the report was caused by loud noises. One person wearing a zorro costume was arrested but later released. Residents in North Carolina and along floridas gulf coast are preparing for two tropical depression that could make fall this week. Its heading toward the gulf of mexico, the heavy storms the system brought to cuba and bahamas are now moving slowly to the favorable warm waters of the gulf of mexico. Sandbags are being stockpiled and people head to the store for food, water, emergency supplies. The Tropical Storm watch has been issued for parts of North Carolina coast which could see heavy rain earlier this week. Tropical depression is expected to be a Tropical Storm by tonight. General motors is recalling more than 383,000 cars, suvs and Police Vehicles in two separate recalls over 367,000, 2013equinox suvs windshield wipers not working correctly. Chevrolet caprice and tables that can wear out and break. Broken cable will leave the driver more likely to be injured during a crash. Maria, back to you. Maria you never neglect how the recall will affect companies. Kevin, two separate recalls for gm now. Is this going to affect confidence in the brand . Kevin this certainly is going to impact the markets for consumer name, gm, ford, all across the board, we are seeing that because we may have hit peak auto sales. You saw in most recent earnings they talked about that consistently where they are using more and more incentives, fleet sales were driving and consumers are driving less of suvs, she just mentioned the chevy equinox and consumers are looking at this and its not good because they are picking and choosing more. Maria we will get another look this week when we get the jobs number out, harlan, certainly when you look at the gdp number last week, doesnt feel like anything broadly speaking has become so intuf euphoric. Harlan are we going to see a longterm decline in the Auto Industry because people dont purchase cars anymore. Kevin we are seeing subprime auto loans at peak levels, the consumer is taking on a lot more debt so thats going to be impacting not only the Car Companies but also other Consumer Brand companies and we saw that play out in earnings most recently when retails came out last week. Worst economic recovery since the crisis. This Business Cycle is long so a lot of head winds coming against the automotive sect o right now. Maria jobs number, housing stats, meanwhile its going to be a pretty good market for ipos right after labor day. Top story in the wall street journal, a number of companies expected to go public right after labor day but the momentum could be short lived. Beyonce takes the spotlight last night. Its not just her lemonade performance that was the talk of the night. We will tell you about it. Back in a moment hey dad. Hey sweetie, how was your first week . Long. Itll get better. Im at the edward jones office, like sue suggested. Thanks for doing this, dad. So i thought it might be time to talk about a financial strategy. laughing you mean pay him bk . Knowg your future is about more than just you. So lets Start Talking about your longterm goals. Multiplied by 13,000 financial advisors. Its a big deal. And its how edward jones makes sense of investing. 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Worst year for ipos since the final crisis, you wonder kevin kelly if we are going to see more deals and indicate a positive for the stock market or when you have more stock is that too much supply and thats going to suck up all the dollars out there . Whats the impact on the market . Kevin certainly interesting i ipo. Theres an election season as well. Volatility is low. Up on the year. But whats actually big take away from this ipo season you can say is that weve seen the lowest amount of deals since the crisis so we are starting to see basically we are starting to see 25 shares going public, its up about 25 , one of the Silicon Valley companies. The biggest ipo to come out this season, though, is valvoline, a spinoff and investors have excited about that. Maria thats a name from the past. Kevin its a spinoff right now. Thats pretty interesting. 5 of ipos have priced above initial range. A very disciplined season. The buyers of ipos have been really strict on pricing so thats going to dictate a lot of Market Action going into ipos on september and october. Maria you make a good point. Even though we are going to see a huge boost after labor day the window is short lived. Six weeks into it, well, who is going to be president , going into the election. You mention val voo valvonie. Thats a big one. Kevin yes. Maria the week of labor day. Kevin Retail Company, theres industrial company. A Retail Company and industrial company, youve got a software company. Anything that the buyers want theyre going out there and selling Different Companies to different buyers. Harlan im curious. That doesnt seem to match with the reality daytoday. We are growing at 1 or less depending on who you ask, Median Household Income is down. When you talk to americans, theyre not feeling. What you see on the markets dont jibe with the reality that americans are living. Whats the disconnect and why . Kevin Monetary Policy push markets higher, what has happened it hasnt trickled into the earnings of companies. 60 of the gains since 2009 have been from multiple expansion. What i mean by that is pe multiples have gone 14 to 15 and 16. Thats why you are seeing the ipo market starting to open up. If you look at the market now its expensive relative to history. So thats where the disconnect. It hasnt really gone down. The Federal Reserves Monetary Policy have led to a wealth effect. Maria let me shift gears because we have breaking news. Mylan released its going to announce a generic brand of epipen. Releasing a new version of epipen because its under so much pressure because the price of epipen has gone up 400 and the ceos in the corner basically trying to explain why the price has gone up so much. Kevin this is a hotbed issue. Im not really sure about the management of this company. That has been in the headlines since last september and they continue to raise the price of this drug and we can see what happens to shareholders when management is disconnected from reality and youre seeing in the stock price. Its down from over 49 to 43 now. Its not going to go away. They have a bad optics issue. They should have never raised the price again. You see whats happening, a complex system in the healthcare space. Maria let me tell you what she told me yesterday, heather, ceo of mylan who basically is blaming the system because there are a lot of mouths to feed, if you will. She says the price is 609. This is for a twopack of epipen. Out of 609 mylan gets 274 because pharmacy benefit managers, insurers, whole sailers, retails, pharmacy all take their take and thats why the customer is paying 609. You could believe it or not, bottom line is there are a lot of mouths to feed when it comes to drugs. This is an ongoing issue in terms of price of drugs and we know what Hillary Clinton says shes going to do. Harlan yeah, whats so frustrating about this that health care in this country, its not about health care, its about getting as many people in the system as possible. Its about raw numbers and not about outcomes. The ceo perfectly illustrates it. Shes totally tonedeath to that. Can she survive as the leader of this company. It seems like they are in a death spiral here. Her interviews were terrible. Maria she did sell some stock. Its not related probably, you know, but its just exactly. Its just one more