Transcripts For FBC Mornings With Maria Bartiromo 20170823 :

FBC Mornings With Maria Bartiromo August 23, 2017

Somebody just set off fireworks. We talked earlier about people who came to this with an agenda. Protest turned violent after the rally ended. Police using smoke and tear gas to disperse the crowds. Our jeff flock was on the scene. More of his germanic coverage straightahead. Future showing the markets giving back some of the gains from yesterday. 35point loss on the dow futures right now after a healthy gain on the blue chips yesterday of nearly 200 points. 194point by the dow yesterday. In europe, france and germany is the pressures as well, although ever so slight. Asia overnight with mixed actions are trading in hong kong halted due to a typhoon. Dagen relieved of duty, the commander dismissed after a series of worship accidents. Teaming up to take on amazon, details on google in walmart answer to relax a straightahead. Southwest airlines out another major deal. Find out where you can fly on the cheap. A blockbuster trade in the nba. Tyree irving heading to boston. The braun james reacted to the new straightahead. So much more with me all morning long. The local analyst kirsten hoglund, radcliffe ceo and managing editor mike murphy is here to be with us all morning long. Fox news contributor mercedes shallot. I know we stayed up late watching him amid the front page of the near post by the way beat the press embattled bonds tirade against the media. That is the major post takes you will dig into that. Straight ahead. President trump is heading to nevada today where we will dress speaking at a raucous Campaign Style rally in phoenix last night. His first since the violence in charlottesville, virginia. Fiercely defended his response to the episode, slamming the media for by my count about half an hour while signaling out both of the states senators and alluding to a parting for jericho both Maricopa County sheriff joe or pio. Truly dishonest people in the media and faith people make up stories, have no sources in many cases. They dont report the facts. Just like they dont want to report that i spoke out forcefully against hatred, bigotry and violence and strongly condemned india not to use, supremacists and the. They all said mr. President , your speech was so good last night. Please, please, mr. President , and dont mention any names. So i wont. One vote away. I will not mention any names. Everybody wants me to talk about your other senator, whos weak on borders, weak on crime. So i wont talk about him. Nobody wants me to talk about him. Nobody knows who he is. Either way im curious, do the people in this room will make a prediction. I think hes going to be just fine, okay . But i wont do it tonight because i dont want to cause any controversy. Is that okay . Dagen the president also threatened to shut down the government if necessary over funding for the wall along the u. S. Mexico border. Your take on that speech last night because brett bair was reporting that at least two officials said they had wished President Trump had let the afghanistan speech stand for a day or two. This is one of the issues the white house is having, which is how you are able to take one message for example, the afghanistan message and play that out for several days in the media cycle and move on to Something Else. I have to say the charlottesville issue needed to be addressed again. Was the rally the right setting . Maybe, maybe not. Maybe this is something or the east room or the white house itself for ukrainian individuals , black pastors come evangelical leaders, diverse religious leaders to come in and talk about what i find difficult concepts to talk about. This is President Trump when its the wrong the, going to the people in fake blood, i put out to strong statement condemning video not these, basically talking about charlottesville in the media trying to call me a racist and tried to i didnt do enough. This is the president pushing back on the media. The way he does it when he personally connect with his base, with the people that support him. In that rally, which not much was mentioned. Ill be decaying, they are talking about the need to unify this country, to show this nation. Dagen but that is the issue if you listen to Vice President mike pence opening statement, when we are united, there is nothing we cant accomplish together. And President Trumps tone didnt do anything to unite the country and quite frankly, he did with the way he handled charlottesville. He didnt alienate some people who voted for him. Even in Trump Country down south because ive talked to these very people who voted for him here in new york city and he didnt alienate them in that speech didnt do anything to basically soothe their concerns. It kind of was a little bit of revision history and the fact you read statements that excluded the many sides comment, which is what amplified the major response to media, which was but that may be overblown you could argue that. So then you feel slighted again. You left out the part where people were very upset. He needs to unite the country but of course also he needs to unite the Republican Party because that is one of the major reasons we seen a delay in so much legislation next acted. So right on that he was going to the base cannot get past and its got to get passed by republican majorities we have in congress or russert might not have majorities in 2018. Hes got to be a legit with the strategist, administration and figure out how can we hold their feet to the fire. We want this legislation passed to unite the party and attacking senators jeff flake and john mccain even if not by name, maybe not the best idea. Slake openly criticized the president on mccain situation. He was the one about on expected he would vote against the repeal. Dagen i have excoriated Mitch Mcconnell and the republican obstructionist who got in the way of at least doing something about obamacare. However, at some point the blame game has to stop. But in the media all you want, but the media is not responsible for content in the nation, not responsible for cut taxes and growing jobs in growing wages in dealing with afghanistan. 24 7 a lot of these other issues. I agree. Stop giving a flying flip what people think who already hate you. Thats what i dont understand. I thought after afghanistan when it is something to unite the country. Whatever you want to say about the speech last night, that rally didnt bring the country together. I dont think we need to unify the republican base. Hes the president president of the entire United States of america. He needs to say or do or act in a way that will unify everybody. Last night, however you want to put it, i dont think bowa said. Dagen i want to move on to this because have incredible coverage. To that point, there is nothing he could say or do that would get rid of the heat that you hear on the far left who never wanted them elected. You saw that erupted in violence. Police in riot gear deployed tear gas, rubber bullets dispersing crowds of protesters screaming out of the arena. Our jeff flock was there to witness the chaotic scene. Heres just some of what jeff caught. Somebody just set off fireworks. We talked earlier about people who came to this with an agenda. Maybe you can see over there. Be very careful, jeff. Back up. We are okay. Theres something about to go off. Ill be careful. Train to be at seeing jeff flock in hurricanes come in a General Motors wind tunnel, but that is topnotch journalism. That is a media at work for the viewers and the American People. And theres a scary reality right now. These are the same types of groups that go on college campuses, stop conservative speakers from being able to talk. I think it becomes very challenging at this moment. Going to my point, the fact that the president can talk about healing the nation all he wants, but there is a sense from these groups that they will make sure why they shouldnt be covered 100 , the reality is they are out there making their views known tenets of ireland approach to do it. Dagen the approaches he is violent when most nonviolent, which is the most liberal than the cf ever heard. Its exactly right. You said this we can always be passing of blame to the president or this or that group. We have to start at home and social media. To be able to disagree well and not resort to saying im perfect, my abuser 100 right and you are evil to the other side. It doesnt work and even charlottesville could happen if people dont say we need to disagree well in this country. Dont empower french groups. That is what is happening right now. Dagen you heard absolutely right. On the left the liberals will gladly sit back and say which is they hate is hate, violence is violence, stalin versus hitler is not a choice. They certainly dont believe in the First Amendment because they are trying to shut down the speech they dont agree with. Halting in hong kong, a massive typhoon forcing everything to shut down, even Financial Markets. Taking on amazon. Wait until you hear about the big retailers later in the show. Millions of you are online right now, searching one topic. That will generate over 600 million results. And if youve been diagnosed with cancer, searching for answers like where to treat, can feel even more overwhelming. 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Cheryl casone has the details. Trading in Financial Markets are suspended. Most businesses in the Asian Financial hub all closed. Take a look at these pictures. One of the worst in years to 95 miles per hour. The top u. S. Navy commander dismissed following a series of worship accidents in the pacific. Vice admiral has been relieved of his duties after superiors lost confidence in his ability to command. The move follows two failed collisions involving navy ships. The uss john mccain was struck a tanker off the coast of singapore remained for some of those sailors recovered. Seven sailors died in june after the uss fitzgerald collided with a commercial shift off the coast of japan. Finally, walmart and google joining forces to battle amazon. Choosing from hundreds of thousands through google express. They can also use the mobile apps, google home which is a voiceactivated service. This will be available to kids ever starting late september. Shares of walmart up 15 cents so far this year. Aalpha but as the Parent Company of google up 16 so far here to date in 2017. All about dagen thank you so much, cheryl. It really is talk about home domination. Amazon had such a lead at walmart when im in bed 3. 3 billion. People said they way overpaid, trying to keep up with the amazon. Dagen we had to jot down when he started it. I dont know how you make any money. Walmart is going to come on you dont have to. Now he has a major role within walmart in between walmarts brickandmortar stores in the jet. Com technology, they are the only true threat we have right now. They can play number two to amazons number one in making some great strides. A great company. Dagen there you go. Chevrons shaft. John watson stepping down. The latest coming not. Powerball pandemonium. The odds of winning are absolutely ridiculous. You have a better shot at getting struck by lightning twice been winning the powerball. Folks are still hoping to hit the 700 million check pot. Today, were out here 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. When they thought they should westart saving for retirement. Le then we asked some older people when they actually did start saving. This gap between when we should start saving and when we actually do is one of the reasons why too many of us arent prepared for retirement. Just start as early as you can. Its going to pay off in the future. If we all start saving a little more today, well all be better prepared tomorrow. Prudential. Bring your challenges. Treaty to take a look at oil prices this morning. Under pressure on oversupply concerns. American Petroleum Institute reporting gasoline were sharply last week. Joining us now is david sure. We are looking for Oil Inventory numbers today the Energy Information administration and the top story today in the wall street journal is that chevron is looking for a new ceo. This is emblematic of lower prices in this new era. When i look at who chevron looks to top after he moves on, the extreme experience in the refining site there. What weve seen is very wide margins. Very good to be an oil refinery in this crude oil price environment. When you have a commodity, it goes into your unit and historical lows then looks to stay very low for a long amount of time and the end product is attract in 20, 25 to 30 margins at this point. Certainly you can move chevron, similar to what weve seen to indicate the industry pushing not only towards natural gas, but towards the refining sector of the markets. Stephen, it is mike murphy. When oil rallied from down around 40 back to where it is now, seems like a lot of the u. S. Equities come in the Energy Stocks have rallied his match. I was wondering if you could speak on why a lot of the Energy Stocks in the u. S. Are at or near lows, get oil at a 20 rally. We also have to kind of examining why the market rallied. We came into this summer with record demand for crude oil. It has never been stronger in that crude oil still cannot make a break above 50 a barrel. At this point which you had at the beginning of the summer as everyone was blaming on one side of the ship. Now through the summer, through record demand we had a nice contrarian path in prices. The concern as far as equities go towards the end of the year a seasonality. The Labor Day Holiday is to be holiday is to be can delay. That means the holiday driving season is over. After that we will go into the fall maintenance season where refineries will be buying fewer barrels, between 700,000 to 1. 2 million barrels. But the significant amount of demand out of the market and production is high, the market is so hedged, production will keep on heading to the market while demand starts to fall through the fall indeed weighing on prices in the shares of oil equities. True to stephen, come closer works that the Oil Information service last week. Tom said we will never see 100 a barrel oil again in my lifetime. Do you agree with that given image technology, given all of the new Oil Companies producing and the excess production here in the United States . Absolutely. Like the d. C. 70, 80 oil. We were at the gui over dx moment where demand is stagnant, but supplied because the technology and product dvd is going to continue to bring more oil to the market. When you look at the impact of the hybrid and so forth, it is certainly not your grandfathers oil market at this point. So yes, absolutely. This goes back to opec two and a half years ago when everyone thought opec was trying to destroy north american production. At this point, what opec did two and half years ago, think of the north american industry because they talked to industry how did squeeze out greater productivity, greater margin, making money in a low oil price environment. The oil prices between 45 to 55 range. Make in any

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