maria bartiromo's wall street is next. maria: happy weekend everyone. welcome to the program that analyzes the week that was an helps position you for the week ahead. i am maria bartiromo. what a week it was!in a few moments, former federal reserve chairman allen greenspan is my special guest this weekend. we're going to talk about the economy and this week that was wild in terms of the stock market. also ahead, we will talk with not one but two golf superstars this weekend. brooks kept a and rory mcllroy, coming up right here. but first the dow halting is losing streak but not before a massive slide monday of more than 700 points. while markets were certainly impacted by new china trade tensions, many still talking about concerns over an economic slowdown where do we go from here? join me now the former chairman of the federal reserve, who oversaw the long expansion, except for the one we are in right now. the chairman, allen greenspan is with me. doctor greenspan, always a pleasure to have you, thank you for being here. >> a pleasure to be here. >> th

maria: welcome back. two more democratic candidates dropped out of the 2020 presidential field in the last week, as some are questioning whether the race has become really a three-way contest between joe biden, elizabeth warren and bernie sanders. in the latest fox news poll, 31% of voters threw their support behind the former vice president senator warren came in second, with 20%, and senator sanders is now third, at 10%. joining me right now is democratic congressman khanna of california also the co-chairman of bernie sanders campaign. congressman always a pleasure to see you thanks so much for joining us. >> maria always a pleasure to be on the show. maria: so is that a fair assessment that suddenly it feels like this race is now between biden, berner and warren and if so how does bernie break out, how do you see it? >> maria i think you're absolutely right. the race has come down to senator sanders, senator warren and vice president biden. it's a three-way race. i think iowa and new hampshire are goin

maria: okay. what is your take though about the president talking about all tax cuts wanting a cut in the interest rates again, one point but federal reserve, economy seems doing well two retail reports out this morning socks soaring showing consumer is quite strong actually. >> yeah, those reports this morning are really a boost in the obviously, both share prices raised 15% on target, and whole of the market looking a a little bit firmer as you were saying, sfwlut have been few indications one of them is bond yields, thank you know, interest rates on debt and invert yield curve sending signals of a possible recession, or at least a slowdown, so there has to be concern obviously, the economy is the biggest factor weighing in president trump's favor job creation is great unemployment very low economy doing very well. white house team from the president on down, was trying to make sure that people don't lose that confidence, and don't start thinking about recession, because unfortunately those thin

i'm maria bartiromo. coming up in just a few moments, khan academy founder and ceo is here with me to talk about the challenges of making quality education more accessible right in the middle of back to school season. later on, ben shaw will talk to me about the booming business of animal care. but first, joining me right now to discuss this wild august for the markets, what's ahead for the rest of the year, strategic securities head of policy research, dan clef kin. it's great to have you. >> thanks for having me. maria: i love your work, because you really look at policy and try to understand what policy tells us about the broader story, economy and investing today. let's talk about one of the more important policies, and that is china. >> yes. maria: we are waiting to see what happens with the two countries. we know that the u.s. has these seven sins that they say china does, and i don't know if the president can do a deal if the chinese do not agree to stop stealing intellectual property, force transf

, maria. maria: so far a very good retail season in if he terms of what we seen, thanks, cheryl, we will take a break, when we come back, taking aim at auto sector, his plan for more auto tariffs coming up. focus on the federal reserve, chairman jay powell view rate cut, the yield and inverted managingaudrey's on it.s? eating right? on it! staying active? on it. audrey thinks she's doing all she can to manage her type 2 diabetes and heart disease but is her treatment doing enough to lower her heart risk? [sfx: crash of football players colliding off-camera.] maybe not. jardiance is the number 1 prescribed pill in its class. jardiance can reduce the risk of cardiovascular death for adults who also have known heart disease. that means jardiance can help save your life from a heart attack or stroke. plus, jardiance lowers a1c and it could help you lose some weight. jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems

maria: i understand. and china is tracking all citizens' movements, they are tracking their citizens, they are using a.i. to do it. right now they're rounding up muslims, the uighurs, and they're putting them in concentration camps basically. they're calling them reeducation camps, but they're guarded by men and guns. does google not understand this? i mean, for a long time bag gooe had the saying don't be evil, and yet here they are working with china which is clearly a bad actor and having terrible human rights abuses. so tell me how this came about where google decided to walk away from the u.s. government and work with china. >> well, we can always speculate on what's actually going on inside google. i think google's self-image would be that it's globalist, it's, you know, post-national somehow, cosmopolitan. i think the reality is more that it's incredibly insular, it's, you know, people are inside this campus and have, you know, shocking lack of curiosity about the outside world. and so the kinds of

maria: important story, byron, thanks so much. >> thanks, maria. maria: the u.s. hitting telecom giant as it rolls out new operating system, the strategy coming up. helping homeowners, bond yields those to refinance, we are taking a look when we come back. s $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. >> welcome back, deadly rush hour shooting in houston, lauren simonetti on headlines, lauren. lauren: unbelievable, maria, police say the gunman is on the run after shooting and killing two people with this semiautomatic rifle during rush hour in i10 freeway, the gunman fired multiple rounds killing both men in the other car, we don't know the motive at this point. hauwei striking back against the u.s. blacklist descriptions releasing own operating system for smart phones and other devices, it's called harmony os unveiled to do at developers' conference as trump administration bans hauwei from using google's android operating system. the white house has postponed its decision

maria? maria: matt thanks very much we'll keep following that meanwhile the ohio shooting just 13 hours after less say that a 21-year-old man opened fire at a busy walmart in el paso, texas, killing at least 20 people there , injuring 26 others. he is now in custody. authorities are looking into whether the massacre was a hate crime. jeff paul is live in el paso, this morning. jeff? reporter: yeah, maria, a lot more activity as the sun comes up, up here in el paso. we're seeing where from police officers to sheriff's deputies to state troopers, here at this walmart that's behind me, because of course this is still a very active and now massive crime scene and authorities are also looking into the possibility that this could be characterized as a hate crime. they are trying to dive into this manifesto that might have been written by the shooter. they are trying to confirm that and still officials who have read it describe a racist and anti-immigrant language within this suppose ed manifesto.

maria? maria: matt thanks very much we'll keep following that meanwhile the ohio shooting just 13 hours after less say that a 21-year-old man opened fire at a busy walmart in el paso, texas, killing at least 20 people there , injuring 26 others. he is now in custody. authorities are looking into whether the massacre was a hate crime. jeff paul is live in el paso, this morning. jeff? reporter: yeah, maria, a lot more activity as the sun comes up, up here in el paso. we're seeing where from police officers to sheriff's deputies to state troopers, here at this walmart that's behind me, because of course this is still a very active and now massive crime scene and authorities are also looking into the possibility that this could be characterized as a hate crime. they are trying to dive into this manifesto that might have been written by the shooter. they are trying to confirm that and still officials who have read it describe a racist anti-immigrant language within this suppose ed manifesto. witn

maria: how do they do? >> they really need to do it in getting away from the same advertising, having the suppliers sponsor a lot of the merchandising programs and spend -- spend more time in driving pros, they could do more with the credit cards and they need to do more with in-store merchandising and some of their competitors are catching up to them and in some cases on home and garden which are outdoor especially second half of the summer as jonahs referenced, important for them historically they've done better in. maria: the company says we are encouraged from strategic investment and also saying that it expects store sales to be up approximately 4% actually in the next -- for 2019. so good not great. maria: good not great, good enough. >> i agree with your points earlier, interest rates are low, i also noticed that they are saying saying that they're satisfied with the current state of the u.s. consumer, people will continue to refinance, take out mortgages, build, we saw wal-mart last week, pretty goo

maria: mornings with maria. good morning. maria: happy thursday to you, i'm maria bartiromo, thursday august 8th, your top stories right now before 6:00 a.m. on the east coast. markets pointing to higher opening this morning, futures up 77 points on dow industrials, coming after wild wall street, nasdaq, s&p able to come back from sharp losses to tend day in the green yesterday. dow finished slightly lower after 2.6% plunge earlier in session. oil sliding into bear market territory yesterday, reports that saudi arabia is discussing options with other produce toaster send a decline and u.s.-china trade turmoil once again, president trump saying thousands of companies are leaving china due to tariffs and china would like to make a deal badly as the u.s. moves to ban hauwei and other chinese companies from government contract. boycotts over support of president trump, more controversy coming up. another rate cut to tell you about, mornings with maria begins right now. ♪ ♪ ♪ maria: wig but this morning, joining the conversa

maria is in. take care. >> well, mid signs that the local economy is slowing, the president's talking about cutting taxes. >> president trump: payroll tax is something that we think about, and a lot of people would like to see that. that very much affects the workers of our country. >> president trump, also taking aim at the federal reserve, saying that they have been tardy. he is calling for a full percent cut. maybe not now. welcome everyone. i maria in today for neil. john roberts is at the white house right now. john, good afternoon. >> maria. good afternoon to. president trump had a lot to talk about today. we were in the oval office talking about a number of different topics. first and foremost was where we are with the economy and where we are headed. you know, there is an old saying that if you talk about recession enough, you can talk your way into one. so the president didn't want to talk about the recession. he wanted to talk about things that he believes that he might be able to do. an

>> i do, maria. the reason for that is the details they provided around the upcoming direct to consumer, disney plus, which is going to launch this fall. we learned they're planning to bundle that service with hulu and espn plus for $12.99 monthly. it's another layer, a move that will make the service more compelling. put that aside also with the synergy, they talked about $2 billion remains intact, accretion of the fox deal by fiscal 2021 was reaffirmed mf maria: that's what dagen said earlier. dagen: you get an incredible amount of content. disney plus is marvel, star wars, lucas film properties. hulu, which has a lot of original content, and then espn plus, which is your sports programming. this is an incredible bargain when you compare that $12.99 is the equivalent of i think netflix's most popular package. maria: and they don't have sports. dagen: what they'll do is they'll build a base and then they'll jack the price at some point. but at least out of the gate, this is a very competitive produc

maria: 3.2%. dagen: manufacturing 5,000 gains expected in manufacturing if that comes in light that could rattle markets further. maria: that's where the weakness has been, we saw pmi in chicago this week, purchasing manager. >> the slump in manufacturing and business sales back in 2015, 2016, keep an eye on that, if we have a further slowing of business sales especially outside of the energy sector, then we will begin to perhaps have problems fairly soon on the job's front. capital spending as we mentioned earlier is already suffering from the sharp deacceleration and this could have find itself in activity. maria: we will see, that's exactly what's playing in and out the markets, all of the concerns that you have brought up have markets under pressure, short break and then we will turn attention to tensions with north korea, launch two more short-range missiles and how the u.s. is responding to that. how facebook continues under the microsoft, why it's taking a closer took for acquisitions now,

albertano: maría, maría. permítame decirte acompañado de la música de lo que viene siendo, este humilde celular, que te quiero. que he sido un tonto, además, quiero preguntarte algo, así como amigos, flaca, ¿quieres ser mi novia? maría: no sé, déjame pensarlo. ¡sí! perdón, perdón, perdón. albertano: fíjate, me lo acabo de comprar. ay, no, ya se le rayó su carátula. maría: ay, albertano, perdóname. albertano: ay, hombre, ya, ni modo. qué habría de perdonarte yo a ti. maría: ¿los panchos? albertano: bueno, eso sí, haces muchos panchos pero-- maría: me trajiste a los panchos. albertano: no, no son los panchos, pero son lo más parecido que me encontré. son el trío "escala romántica", porque yo quería que este fuera un momento muy inolvidable para ti. cantante: ♪ me tienes, pero de nada te vales ♪ macaco: con permiso, maestro, perdón, perdón. carnal, carnal, carnal. albertano: ¿qué, ahora qué? macaco: pues, hay que darles para los chescos y para los pasajes a los muchachos. a

maria: right. i have to get to tax cuts and potential of it, first hauwei, resisting pressure, chinese telecom giant says it's prepare today withstand u.s. trade distinctions as it introduces ai chip, new ai chip from hauwei is only going to get the people who already think hauwei as national security risk even more nervous about hauwei having this ai chip. any thoughts? >> well, i think ai chip from any credible chip manufacturer is something that for them to maintain relevance in marketplace they will have to come up. but i think all of that, the fact that they are coming up with a chip, i don't know if that really -- that really pans out. >> all right, we have been debating tax cuts all week, president trump backtracking on the idea of more cuts earlier this week but then white house economy adviser larry kudlow told fox business something entirely different, watch this. >> you might see tax cuts 2.0 which would drive additional tax relief and create tax incentives for middle-class folks, blue-c

maria: welcome back. we are back with senator lindsey graham and senator, we were just talking about potential gun changes. we know five, at least five democratic senators are threatening a restructuring of the supreme court. if they do not get their way in these gun cases. tell us how you see it. >> well, this is been a dream of the left for decades to increase the number of judges on the court. pack them with judges of the court can do, the legal system what they cannot do through the ballot box. the dream of every leftist is to have a liberal court and that evolves from the bench. the dream of every conservative is to have judges who will interpret the law, not make the law. when you are expanding the court, that is code for liberals packing the court. over my dead body is not going to happen. when they want to do away with the electoral college is telling every rural america to go to hell. mood me los angeles and new york would decide who is the president, the electoral college allows rural american t

. >> this is "maria bartiromo's wall street". hello happy weekend welcome to the program that analyzes the week that was in position you for the week ahead. coming up in just a few moments my messy interview with the cofounder of home depot. along with nyu health ceo bob grossman. were talking healthcare in america and a lot more coming up. another solid month of gains for jobs, the u.s. economy added as expected 106 and 4000 jobs in the month of july. the n appointment rate held steady at 3.7%. a stellar performance for the month of july and joining me too react. equity strategist barry. >> gotta get re-your reaction to the federal reserve interest rates. let me start with the job numbers. what was your reaction to what we saw on friday? >> it was a good number. if you think about the use six or underemployment rate dropped to 7% below its 19 years. the number came in line with expectations the economy is strong. maria: the economy is strong and we are looking at the federal reserve lowering interest rate. there was some indicat

maria: welcome back. the state of healthcare in positions.tinues to be a top they are offering to pay off medical school debt as an incentive. this comes after billion or home depot compounder recently announced a 100 million-dollar donation to nyu to make the middle school under medical school free of cost. i spoke with ken and health ceo bob grossman. the healthcare crisis in this country. but disclosure i'm a member of the nyu board of trustees. >> his idea, the first day he had the job we walked into his office and i said okay boss, what is first. he said if we can think of some way out to have our kids come here and pay the tuition we will do it. it took us some time but here we are. he was the guy driving the whole thing. it is unbelievable. and what these kids are what they sacrifice, these are the brightest in the world. and here there giving up anywhere from 6 - 13 years of their lives. one of the reasons you did it was because we were facing a shortage of doctors and nurse practitioners. primary

maria: a major development this week. trade talks breaking down in shanghai and the president announced that he will in fact but a 10% tariff on the $300 billion remaining goods coming from china into this country. what do you think the impact of that is going to be? >> the thing about it is, there is some prodding of the fred's to cut additionally by bring up the trade issue but i think it's bigger than that. the disposable personal income in the united states is growing at a robust 5%. with the best appointment market in two generations. that gives their ministration currency, currency in which to deal. so when you think of what goes on during the negotiation, the start and the end are the most volatile. and i think the ministration would like to bring some resolution on china and iran by the end of the second half of this year before the 2020 election start. maria: you think see things goig down? people seem to think it'll make things more expensive everything from toys to clothing, all sorts of things that we buy ever

maria: exactly. your reaction, markets, i guess -- jon: markets were very disappoint and happened to jay powell several times where he's not doveish as the market expected. everyone is talking how the stock market reacted, watch the dollar, the dollar is getting a lot stronger, that will be a political problem for jay powell, president trump does not like seeing the stronger dollar. maria: you're also going to see cut into earnings, multinationals who will be blaming the stronger dollar on weak guidance and weaker than expected performances. >> in a world with trade is unkern. >> we will -- uncertain. we will talk about that. >> remember when every president wanted a strong dollar, they wanted a strong dollar from reagan on. maria: they said they did. >> the president's economic adviser was always in favor of strong dollar. >> people are giving you money, you must be doing well, so trade deficits where people are giving you money and i love art but he's never changed that song even when you look and

with maria bartiromo. maria: good morning, everyone, happy tuesday to you, i'm maria bartiromo, tuesday august 6th, big day today after the selloff yesterday, top stories right now just before 6:00 a.m. on the east coast. markets are poised for bit of a turnaround this morning, triple-digit rally after yesterday's broad selloff by the yuan against the dollar, dow, nasdaq and s&p seeing their worst day of the year yesterday, 767 lower on the dow, global markets this morning are a bit better on the session this morning, although we see that it is fractional, ftse 100 up 2 points, cac quarante in paris higher. in asia overnight the red was across the board, it was off of the session lows but nonetheless shanghai composite down 1 and a half percent as was kospi indicate an ex korea, nikkei average down 2%. u.s. designated china a currency manipulator after letting the yuan depreciate. coming up, big tech hit hard by china trade, the heaviest selling with names like facebook, alphabet, chip maker, where are the

maria: good sunday morning everyone. welcome time maria bartiromo. this is "sunday morning futures ." joining us excuse exclusively straight ahead, steve bannon is here the former white house chief strategist weighing in on everything from the state of play in the 2020 campaign to the wall being built, the u.s. china showdown, and other international trade deals. plus details on the project he's working on right now, along our southern border and also exclusive this morning silicon valley entrepreneur, peter thiel , the co-founder of pay pal and facebook investor and board member, he has some explosive claims against google, the debate around encryption and government to accessing data plus the former trump campaign economic advisor steven moore joins me this morning on the state of the economy and president trump's fans, on the role of the federal reserve, its ability to set interest rates, all that and a lot more as we look ahead right here right now on "sunday morning futures." maria: and we begin this morning with an update on the situation at th