President mike pence mark short is with us this morning on iran, and as well the strength of the u. S. Economy today to really sock up who is needed fox news senior tszuj Andrew Napolitano weighing in on Brett Kavanaugh with a big three hours coming up and top story this hour is that attack. On Oil Production facilities in saudi arabia. The twin drone strike on saturday sending oil prices soaring intensifying middle east tensions, rebels claim responsibility for this. The u. S. Is rereleasing satellite foe e toes photos it is showing the impact it says came from the north and the northwest implying that tehran was more likely really the perpetrator here iran behind these attacks iran meanwhile deny any involvement. I spoke with michigan congresswoman and former cia analyst alyssa to sunday morning futures about it, yesterday. You are an expert in this field you did three tours in iraq yourself. What is reaction to what took place in saudi arabia . Ive seen the playbook before and iran
Market might dry up on them. Semiconductor issues, financial issues, could way on them could expand, global slowdown. Get consumer durables involved in that. Those sensitive to the economy involved in that. All of sudden, before you know it, katybarthedoor. The psychological indicator, the vix, that is flashpoint how people are feeling. That is jumping in excess up 33 earlier. Up 23 right now. Were keeping an eye on that as sentiment, what people are feeling about the market. They are feeling a little nervous. Numbers out of the Services Sector slid to a threeyear low. The reason i mentioned even the Services Sector, it at least is following in this report, a fourth straight month, downward trend, still expanding but at a slower rate. That is happening with the manufacturing sector. Twin sluggishness is weighing on these markets. Typically would pounce on negative news, being good for Interest Rates coming down. That is indeed happening. 10year note 1. 75 . Normally that would be a sal
Making money. Charles reports are out china is port he hadly spending tariff exemptions on u. S. Farm goods with some goods suspending purchases of american agricultural products. This comes hours after china devalueded their currency, allowed it to go lower, softening blow from the trade war, sending our markets into free fall. Edward lawrence is live eight while house with more. Reporter this is escalating. The Chinese Commerce ministry is confirming that china will not buy anymore u. S. Agriculture. They are confirming they will suspend rollback of tariff on u. S. Agricultural imports on china. As President Donald Trump pointing to the fact that china devaluing its currency. He called china a currency manipulate tore four times in four different tweets. I want to point to two tweets the president specifically saying earlier today, quote, based on the historic currency manipulation by china it is even more obvious to everyone that americans are not paying for the tariffs. Theyre bein
Prices sharply higher this morning, 3 . Chaos, at least 2 dozen Police Officers injured during crash officerinvolved shooting. Questions this morning for facebook Ceo Mark Zuckerberg, report suggests he might have been aware of practices in company. Fallout coming up. Mornings with maria begins right now. Maria oil prices soaring this morning, report attack in golf of oman, two oil tankers hit one operator said, it believe ship was hit by torpedo and the crews on board safely evacuated. The u. S. Navy is assisting here after receiving distressed calls, Price Futures Group phil flynn, thank you so much for weighing in this morning. Prices of oil 3 , how do you see the situation today . This is highrisk situation because this is one of the critical choke points in the oil market, maria, because of the tensions this could be replay of what we saw in 1908 with 1980 with the tankers because insurance and security for tankers will go up. Maria we are still getting more information on who is
texas-oklahoma. are have you ever been to ocktoberfest, done it in germany? pete: have you? will: yes, i have done that. what is it like? it is a ball. it is rachel: was there more drinking than last night? will: very similar. it is, you go to a huge tent and, there is just people everywhere you stand. no seats. you stand at a table. you get to know people, strangers, it s a day event. you know, so it is drawn over long period of time. the mugs are gigantic. pete: yep. will: get a bruise, get a bruise underneath the knuckle, all day long you re lifting this. rachel: exercise. will: it is stereotypical of what they call them? maids? pete: as you see it in the movies. will: it really is. she comes out i don t know how many mugs. they are gigantic, she has a way of carrying them. it is so fun. rachel: how is the food? will: germany is not my favorite food. we re going to have some food out here. will: this is going to be excellent i m sure. pete: i ve been to a beer hall i