September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this be a big shock to inflatIon. In additIon to this Oil Surge we have a Dock Worker Strike which could also
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very risk of town. Very risk of town. There is one thing they very risk of town. There is one thing they are very risk of town
agenda. back here at home, dive teams are trying to rescue people after torrential downpours in the northeast. the flooding turning deadly in new york. and more cases of malaria are being found in the united states. what you need to know to stay safe. we begin with breaking news from russia where there is a surprising twist related to last month s failed uprising. the kremlin says russia s vladimir putin met with the head of the wagner group and its top commanders just five days after the attempted rebellion, but the whereabouts of the wagner group s leader are still unclear. this comes as president biden makes his way to lithuania for a hike-stakes nato summit where the war in ukraine will be high on the agenda. but the president says ukraine will not become a nato member state, at least not for now. i don t think it s ready for membership in nato. i don t think there is unanimity in nato about whether or not to bring ukraine into the nato family now at this moment i
democrat governor kathy hochul bolstering security after weeks of protests targeting key transportation hubs. much more on what officials are bracing for. but first, fox on top of the over the top numbers to close out 2023 at the border. migrant encounters hitting an all-time high. and on wall street, stocks hitting a series of highs, and on the campaign trail where tensions on both sides couldn t be higher. donald trump getting banned from another tate ballot. state ballot. meanwhile, republican presidential candidate nikki haley is here on that as the first big contest in two key states closes in. many. david: and good saturday morning to everyone. i m david asman in for neil cavuto, and this is cavuto live. first to the record-breaking number ifs at the border. griff jenkins is here to break it down for us. good to have you in new york, but you ve got new numbers from the border. yeah, david, it s really remark remarkable, we re going to end the year with the south
neil: fox on top of holiday travelers on the run. last minute shoppers on the run. we have alicia acuna on the record number of flyers and kelly is in chicago on the prices facing drivers. then dana mcnichols on the race by bargain hunters. so much to get into. sandra: welcome. i m neil cavuto. the pressure is on for those that have not gotten their gifts and didn t take my advice to get processed meats and cheeses while they were there for the wanting. i tried, america. alicia acuna in denver where flyers are taking off and so far not a lot of sounding off. so far so good, i guess, alicia. that s right, neil. so far so good. 2.5 million people are expected to go through these lines today. i don t know if you remember, but during the thanksgiving travel period, i was doing a live shot with you. there was i did some travel talk. there was a viewer that said i didn t give enough travel tips. challenge accepted. so today i got tons of tips for you. if you re going to be