my name is dan, chairman of the american enterprise institute board of trustees. it is my pleasure to welcome you to the urban lecture it summit, featuring nicholas eberstadt. tok holds that henry went chair in political economy at aei he is being honored with this year s award and is one of aei s and america s great intellectuals. at this moment in our nation s will pointck s work a way forward for our country and offer a vision for how to revitalize our nation in a post-pandemic world. nick s scholarship and all aei histori navigateders historic challenges. meets well-positioned to challenges head-on by supplying the visionary thinking and actionable policy solutions that our nation needs. aei scholars will promote free people and free markets, increased economic and social mobility, revitalize constitutional order, bolster american civil life, and promote america s leadership in the world. on behalf of all of us at aei, thank you for your support that makes our vital work
coronavirus hitting the republican national convention, president trump canceling events in jacksonville, florida as cases spike in the state. the cdc pushing for the reopening of schools, saying it is critically important for our public health. how about the future of the country? and unrest in america, another night of protests in portland, plus demonstrations erupting in chicago outside of the mayor s house. and play ball, the baseball season finally gets underway with a wild pitch from dr. anthony fauci. he tried. plus, our week-long look at instagram stars comes to an end with the people behind some very funny and pop o popular memes. the co-founders of my therapist says join me live with the secrets behind their viral post. mornings with maria is live right now. checking on global market action, growing tensions between the united states and china leading to losses around the globe. europe, you see there, red across the board. losses north of 1% in england, france and
investment savings again as tensions continue to rise. selling underway this morning. dow futures down 50 points duh the nasdaq is up 4 and a quarter. s&p 500 right now down 3. growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. nasdaq and s&p 500 snapping 5-day winning streak with declines in double digit. facebook not getting a like. wal-mart says retailer reportedly to offer free-day delivery and customers willing to pay a $100 a year. defund police, this as crime is rising across america. we have you covered coming up at 7:30 a.m. i will speak with new york city mayor rudy giuliani, don t miss that. secretary of homeland security chad wolf will join me. secretary is live at 8:30. mornings with maria is live right now. global markets this morning are mixed. take a look at european indices across the board. dax lower by 86. uk finance minister announced that the latest recovery plan lathe today later today is e
maria: big show this morning, joining the conversation fox business dagen mcdowell, the host of the secrets of wealthy women podcast verónica is here and entrepreneur kevin oleary. do you want to take money to the sidelines until a deal is done? i come to the conclusion the market won t care because what s really occurring here is we have back tax, value-added tax on chinese goods and they have been absorbed quite efficiently in the u.s. economy, every other g7 has a back tax, we have one just on china. i don t care if they continue to ratchet up the tariffs because i think it s the right way to get a deal done. maria: you re in on this. people were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. maria: absolutely. what s predicated on that is there s a trade deal, we will see a pullback in market in 2020. dagen: market has told you that the recession risk has fallen because the yield curve is no longer inverted and t