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Trump & Caterpillar Having a Huge Rally

Trump, capitalist, free enterprise, tough.

If you think hard enough, it’s not too hard to think why the American stock market is suddenly exploding, and absolutely loves the Trump tale, perhaps the greatest political comeback in American history.

With Kellyanne Conway, Robert O'Brien, Sen. Katie Britt (R-AL), Rep. Steve Scalise (R-LA), Gov. Doug Burgum (R-ND), Katie Pavlich, Charlie Hurt, Tim Sheehy, and Bernie Moreno. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:
1h 1m
Broadcast on:
16 Jul 2024
Audio Format:
mp3

Trump, capitalist, free enterprise, tough.


If you think hard enough, it’s not too hard to think why the American stock market is suddenly exploding, and absolutely loves the Trump tale, perhaps the greatest political comeback in American history.


With Kellyanne Conway, Robert O'Brien, Sen. Katie Britt (R-AL), Rep. Steve Scalise (R-LA), Gov. Doug Burgum (R-ND), Katie Pavlich, Charlie Hurt, Tim Sheehy, and Bernie Moreno.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Auto insurance can all seem the same until it comes time to use it, so don't get stuck paying more for less coverage. Switch to USA Auto insurance, and you could start saving money in no time. Get a quote today. Restrictions apply. Ryan Reynolds here from Mint Mobile. With the price of just about everything going up during inflation, we thought we'd bring our prices down. So to help us, we brought in a reverse auctioneer, which is apparently a thing. Mint Mobile Unlimited, Premium Wireless. Have it to get 30, 30, 30, but to get 20, 20, 20, but to get 20, 20, 20, but to get 15, 15, 15, 15, just 15 bucks a month? So, give it a try at mintmobile.com/switch. $45 up for three months plus taxes and fees, promoting for new customers for limited time. Unlimited more than 40 gigabytes per month, close. Full turns at mintmobile.com. Hello folks and welcome to Kudlow. I'm Larry Kudlow. According to a new report, U.S. authorities learned of a potential Iranian assassination plot against President Trump weeks before the shooting in Pennsylvania last Saturday, and the authorities inexplicably covered it up. Former National Security Advisor Robert O'Brien and the brilliant Kellyanne Conway on that and much more in just a few moments. But first up, let's get to this story. Fox News Brian Yanis, standing by with all the details. Brian, this just is off the charts in my view. What you got? Larry, this is a development that is only going to lead to more scrutiny and questions about the failures in protecting former President Trump. Fox News can confirm that in recent weeks before Saturday's assassination attempt, former President Trump's Secret Service protection was increased because of intelligence about a credible threat from Iran to assassinate the former president to federal law enforcement sources. Tell Fox News, the Department of Homeland Security received intelligence from a human source on an Iranian plot to assassinate former President Trump. It's unclear as to how far along this plot was developed. The Secret Service and DHS has increasingly been concerned about Trump holding outdoor events. These concerns have been expressed to the Trump campaign. The former president has been an increased target since the order of the killing of Iranian General Qasam Soleimani in 2020. But Fox has told this specific threat developed over the past few days. Very important to highlight though, that at this point, at this time, this Iranian plot is not connected in any way to the 20 year old shooter, Thomas Crooks, national security spokesperson, Adrian Watson, saying this in a new statement to Fox, quote, "As we have said many times, we have been tracking Iranian threats against former Trump administration officials for years, dating back to the last administration. These threats arise from Iran's desire to seek revenge for the killing of Qasam Soleimani. We consider this a national and homeland security matter of the highest priority. Larry, we also know a joint intelligence bulletin from the FBI and DHS was published this week and shared with multiple law enforcement organizations warning of potential repeat attacks and retaliation following the attempted assassination of former President Trump. Larry, Brian, just one thing. I mean, look, terrorists have been coming across the open border, including Iranian or Middle Eastern terrorists for three and a half years right now. Why is this all of a sudden brand new? In other words, why are the intelligence authorities suddenly coming up with the idea that they might want to kill Donald Trump? Who is Iran's enemy? It's a great question, Larry. I think the timing on this specifically at a time in which we all have questions as to how this shooter was able to get within 150 yards of the former president. These are all questions that Homeland Security Committee in Congress is going to want to ask. The head of the Secret Service, Kimberly Sheedell, as well as FBI's director and DHS Secretary Alejandro Mayorkos, they have demanded a committee hearing on Tuesday next week. You better believe these questions are going to be top of mind, Larry. No, I got it. Thank you for the update. I mean, it sounds like, cover your, you know what to me. But anyway, Brian, thank you ever so much for the update. Now, folks, a little bit different. Trump and Caterpillar having a huge rally. Stay with me on this. That's the subject of the riff. All right. Suddenly, stock markets are mounting a huge spiking rally. And I have to believe it has something to do with Donald Trump's providential escape from an assassin's bullet. Today alone, the Dow is up over 700 points yesterday over 200 points. I don't think this is a coincidence. Stock markets are frequently forecasters of the outlook for the health, wealth, and welfare of the American economy. Indeed, one could add the health of the entire country. Let's not forget, Mr. Trump's policy platform is the growthiest anyone has seen in 44 years since Ronald Reagan. But there's no Trump growthiness without Trump himself. When the former president appeared on the floor of the Republican National Convention last night, he looked healthy and fine form, sporting a small bandage around his right ear. The convention went wild. It was his first appearance since he was saved by the grace of God on Saturday. Countless millions watch this event, including investors. What's so interesting about the stock market rally is it's being led by old-fashioned industrial companies like Caterpillar, also by higher risk entrepreneurial smaller companies that populate the Russell 2000 index, which is also booming. Now, think about cat for a moment. The quintessential American manufacturing company. Think farm tools and equipment. Think cheaper fertilizers and crops. Think middle America. Think working folks wear heavy gloves, hard hats, and, of course, the very famous cat hat. People working with their hands. People benefiting from lower taxes and getting rid of thousands of thousands of pages of onerous, burdensome, red tape paperwork. Think of farmers who don't know a thing or couldn't care less about something called DEI, diversity, equity, and inclusion. Cat, farmers, manufacturing, it's a wake-up call it dawn, and they work your tail off all day. Meritocracy is the key. Think about smaller businesses now booming on the hopes of tax cuts and deregulation. By the way, making the Trump tax cuts permanent not only means lower business tax rates, it also means those farmers and other working folks can write off that cat equipment immediately. It's called Expensing in Year One. It saves the bloody fortune and tax payments, both now and 10 years into the future. Think about Mr. Trump's new vice presidential running major, JD Vance, who rose up virtually nothing, graduated from Ohio State, excelled at Yale Law School, served his nation in the Marine Corps, wrote a brilliant book, and, among other things, has been a successful venture capitalist. Now, hold on a second, that phrase, venture capitalist. The second word is capitalist, as in free market, free enterprise, meritocracy. Think about Donald Trump and all that his Biden democratic opponents have been slinging it in for years. The phony Russian hoax, the phony law fair, how he has stood up to the test time and again. Think strength, think tough. I want to put those words together. Trump, capitalist, free enterprise, tough. If you think hard enough, it's not too hard to think why the American stock market is suddenly exploding and absolutely loves the Trump tale. Perhaps the greatest political comeback in American history. And that is my riff. All right. We're going to talk about lots of different things here. Joining us is the great Kellyanne Conway, former counselor to President Trump, and my very dear friend, Robert O'Brien, former national security adviser. Don't be scared. I'm not going to throw out a stock market question, that's you, although I think you could both handle it. But the fact is, Kellyanne, I think there's a link between this, 700 and something points a day, 200 yesterday. Come on. After what happened over the weekend, after Mr. Trump's providential God-given recovery. And I just, I love the caterpillar track, the story. They're leading the index. They're up almost 4 percentage points today. This is a company that would benefit exactly from the Trump platform program of lower taxes and regulations and the small cap stocks as well. And people saw Trump, you can't have the platform. You can't have growthier without Trump. And you had Trump last night. There he is. He's alive, God bless him, and healthy. Yes. Yes, sir. Why are you sorry? You're sure? We're just enjoying ourselves. I'm from the audience with an occasional opinion. Larry, you're right. And by the way, whenever I hear people say, "I want Trump's policies about Trump's personality." Guess what? Good luck with that. You don't get everything that you just described, and those trade deals, and Iran on its back, and China contained, and Kim Jong Un not shooting off his nukes, and Putin not invading or annexing sovereign nations. All of that, NATO is saying, "Maybe I should pay a little bit more to the common defense. All of it, the secure border." You don't get that without a personality of a leader, a commander-in-chief, and a president who is resolute, who is determined, who is strong, not arrogant, strong, determined, not authoritarian, like they say. And everybody saw that last night. You saw, I think, a humble, subdued Trump who is grateful to God that he's here among us. Now, the markets love it, but so does everyone else. The betting markets like everything coming up Trump. That's right. That matters a lot. For a while last week, Connell Harris has overtaken Joe Biden before all of this, and now the narrative has changed to Joe Biden. The other thing is, look at who's in the investor class now. It's been this way for decades. It's everyday Americans. When they see Sean O'Brien here last night for the team, she was first time ever. So for 20 minutes, talked about how this is the party of the worker. This is Donald Trump's Republican party. That new platform aligns with the America first agenda, but it's fair, it's more inclusive. This is a catapiller, farmers. I love it. Get up and don't work all day party. No, that's what Trump's done. He's completely changed. But Robert O'Brien, you've made fortunes in the stock market. I hope we're following the index going into this. But really, Kellyanne makes some great points. I mean, you know, having the teamster president on last night was very, very interesting. You got a great reception. All right, he was firing brimstone. He talked about working men down here on the convention floor. That's what you've got. It's brand new GOP. What's thinking? I'm thinking energy, Larry. We know we're gonna add two, two million barrels a day. We've been talking about this thing in the show for years now. Think of a million for the keystone pipeline, 25 miles of pipeline. All the guys building the pipeline to finish it up. And we'll get a million barrels a day into Houston from from Canada, North American oil. We get another two million barrels from federal lands and offshore. That incremental oil takes oil down to $40 a barrel. Yes. The Iowa toll is having no money. Putin has no money. Yes. Inflation gets killed because because the truckers, the teamsters, fertilizer is cheap for the farmers. Just want to say 100%. The foot the the the the truckers drive your groceries to the grocery store a lot cheaper than they were because they're not paying $100 for gas or like Americans. So that's the inflation goes down. This is an energy and in caterpillar, I think caterpillars mean some equipment far implemented, you know, earth moving equipment to all the the the pipeline guys and all the oil for essential American people that work with their hands and they wear hard hats or they're wearing caterpillar baseball hats and they drive tractors and all these fabulous fun. They're part of the Republican party now. It is the quintessential American company. So I guess it saves us over season. It saves us the Iranians have been after you for years. You had secret service detail, but you tell me you just launched secret service detail. What do you make of this story that broke today? If the intel community, whatever that means these days, they knew about an Iranian assassination plan against Trump for weeks but didn't say anything really. Are they just trying to cover their ass or is this for real or maybe we need to change the entire intelligence community? You're in thick of it. Form a national security advisor. What's the thing? It's for real. Chris Ray's been telling every time he testifies before Congress. He's been telling everyone that they're more more red flags. He's ever seen his career as the FBI director and you know with the FBI's has problems. But one thing he's not going to get caught out on is this that borders wide open. We've got Hezbollah cells Arab Jihadi cells Iranian shea cells across the border the open border all of it wide open and expressway. So so like, you know, they they pulled my detail. Thank God. I've got a great home state governor and when did they pull you in detail? Six months ago. Wow. First. Wow. Wow. So we hired private security. We've got we got a great home state governor who's going to stay troopers to help out. But like they the Trump deals to details to have been twice as big as it was. President and this is the story about President Trump. It's not about me. And the fact that he escaped that assassination was a gift from God to this country to him and his family. Of course, this secret. But this country, this secret service woman. So she was on the tape today saying the slope of the roof where the shooter was was too steep. It wasn't Steve. Should she be fired? You know, can I ask him? I'm good. Should she be fired? Okay. Almost a rhetorical question. Joe Biden never fires anybody. What a businessman hint and nose to fire. No one tells you the truth. No one tells you the truth about your poll numbers about your debate performance about the state of the world. You don't need to fire anyone. No, I guess so. You live in ignorant bliss or whatever it was called. Should she be fired? We had a catastrophe in Afghanistan. No one fired. We'll take a test. This country. This woman's not getting fired. The Biden's don't fire anybody. And she's she's there to protect Joe Biden. I mean, we love the secret service. They they protect the president. They'll take a bullet for the president. But their main mission is to stop bullets from going at the president. And she failed. And she said today, I don't know, I saw we'll clip this morning. We made some mistakes. Really, Robert O'Brien? Really? We made some mistakes? I would say we made some mistakes. Keep it. The line agents, the secret service of the most dedicated men and women in the world, they'll take a bullet for you. I was so grateful to have him protect me for four years. But the leadership is it's problematic. Kelly, I last 40 seconds. Tonight is safety and security night. How the hell do we get that when the board is open? And how do we held when the Democratic party, the ruling party, they're against the cops. They're appointing phony judges. They're running law fair. What's the theme tonight? The theme tonight is the opposite of that. We don't want to defend the we want to defend the police not to fund the police. We more generously resource and more deeply respect law enforcement, the guys in gals in blue, border patrol. Also, people want safe and strong communities. They feel that crime is out of control. They feel like they don't have everyday affordability, but they also feel insecure about the state of their communities. But it's the opposite of the poorest border. We've led in so many millions of people, Larry, that it approximates more folks than the population of about 40 states. I mean, think about that. And now it's number one and number two issue because it's everywhere. So you'll hear a lot of that. But I think there's also just the sense of uncertainty under Joe Biden and Kamala Harris. And here people will feel I can go back to what we had was prosperity, opportunity, safety and security, national security, economic security, housing security, security from crime drugs and gangs locally. I think safety is a big one. Make America safe again. They're going to see Donald Trump, the commander in chief who can do that. We are so unsafe around the world now because of that. Safe safe streets, safe towns, safe homes, safe families, safe businesses is a tax cut is a tax cut. If you're worried, if you're worried about going on the street, first of all, you'll never start a new business on those streets. That's for sure. And second of all, you're going to move your family out. And that is not good for anything. It's like a tax cut. That's the way I say it. I got to get out. You're both fabulous. They ought to give you your detail back for God's sakes. I can't believe it. I want you safe. I want you safe. Thank you, my friend. Robert O'Brien, Kelly and Conway. Thank you, kids. We're very, very, very much. All right, folks, coming up here on Cutload. Guess what? It's the Republicans who are united. And the Democrats, hopelessly divided. What fun? Let the games begin. Senator Katie Britt, House Majority Leader Steve Scalise coming right up. Stick around with Cutload. Caterpillar, folks, the quintessential American company to go with the quintessential president Trump. We'll be right back. I'm Martha McCallum, and I will be co-hosting our coverage of Democracy 24. People in America don't mince words. They tell you what they think. They'll just say, I hate that guy. I love that woman. She's fantastic. And that's what I find so refreshing when you spend time in the country, talking to voters. And that's why it is a privilege to meet them and to let them inspire me to do my job in the best way that I can. The overall cadet field training is a 30-day training. Every cadet typically goes through cadet field training between their freshman and sophomore year. Good morning, cadets. You are about to witness what is known as an immediate suppression fire mission. Both foot to two zeros. This is able to non-one the meeting's abruptly. This is one of the best training events that we do out here. It's also one of the most realistic training. One of the great things about this is the best don't just watch it. They do it. Not every cadet is going to end up being a field artillery officer. So it's important to give them an introduction to the capabilities of these systems no matter what they're doing in the Army. Really we're training all cadets here to be leaders of character and to be leaders in combat. We're at range 17 right now and what this is, a team live fire range for the cadets. It's to simulate battlefield effects for them while at the same time running a safe run. There are nine total targets on the range and those targets they start up and then every time you hit them they'll go down. They actually have a pneumatic gun off to the side that will simulate the sound of rounds being fired at them. They're adrenaline's up and they're heart rates up and they're actually trying to hit targets in a combat life environment. Engages all the sensors. So we are at the field artillery training lane. We are training cadets how to operate and fire a 105 millimeter howitzer, which is an indirect fire weapon system that sends rounds down range on targets. It's always a team effort. There are multiple steps that they have to receive a fire mission. That fire mission has to be processed into firing data which tells the howitzer what direction to shoot, how far to shoot, and then the actual howitzer section operates that howitzer. For the trainees during CFT they're going to be learning a lot about what the army is and it's about the people. It's about the people to your left and right and it's a team effort. We got each other to keep pushing each other and teach each other that you can get past your fears. A lot of the military skills that we train at the cadet field training are all about bringing people together in pursuit of a common goal in different tactical situations. What West Point does is it shows you that you're capable of so much more than you can ever imagine. Hi everybody for the latest business and news headlines check out foxbusiness.com and foxnews.com and keep it here. Wherever you are, whenever you want it, Fox News Digital is the world according to Fox. The top headlines, other sites won't touch, unmatched coverage. You won't get anywhere else and the stories that keep America clicking. No one does it like foxnews.com plus download the Fox News app to get breaking news alerts and all your favorite shows on the go. And if you can't watch, listen to the will came podcast on Fox News podcast. I'm Brett there. I'm Dana Perrino and this is the Fox News rundown. Fox News Digital, the world according to Fox. All right really it turns out Republicans in the United Party, Democrats are hopelessly divided. I mean Joe Biden, given these little talks, has convinced no one. And if anything more people are rising up against them, I don't think they can knock them off. But we'll talk about that. And Mr. Trump's appearance on the floor of the Republican convention in Milwaukee last night was electrifying our guest Alabama Senator Katie Britton just told me and my old and dear friend house majority leader, Steve Scalise of Louisiana, who with God's grace looks like a million bucks and it's great to see both of you here. Senator Britt, thank you for this. Your word electrifying. It was absolutely the energy surrounding the president when he walked into the arena, when they played God bless America. And you could see on his face a seriousness as leader Scalise said a focus. We can feel the party not only uniting, but we can feel the nation uniting, uniting with his vision and wanting to take it back for everyday Americans and give them hope. There was a hopefulness and it was exciting to be a part of family looked good. They all they all had smiles on their faces, I noticed, which is a very important sign. They didn't have, you know, rounds down in the dumps. They did. There was some smile and going on. There was some smile, but also there was a seriousness of what's occurred over the last 48 hours. Wesley and I were honored to have the opportunity to sit right there with them right behind them. And you could even tell with the children, you know, they almost lost their father. And so we obviously almost lost tremendous leader of our nation, but they almost lost their dad. And so feeling that the seriousness, the sadness, the heaviness of it, but also a hopefulness of what's to come because you could see a renewed strength in President Trump. I mean, there is no doubt that he has a vision for the future and that he knows that every day is a gift. And I believe he will get to work. We will be ready to go. We're going to take back the White House. We're going to retake the Senate. We're going to hold the house. And then when we do, we're going to do great things for the American people. And I'm excited about what's ahead. You know, Steve Scalise was saying in the opening segment and in my riff with this big stock market rally led by traditional manufacturing companies like Caterpillar. But down Trump has written the most, I call it the growthiest platform in 44 years since Ronald Reagan's in 1980 with the acrossboard tax cut. But you cannot have Trump's growthy platform without Trump. And I think that's had a big impact on the stock market. Just in the last two days, it's up over a thousand points, almost out of the blue. And so I think the the God's gift that Senator Britt talked about, people of faith come to this easily. I think it's having a major impact. It ripples throughout the country. People are saying this is sigh of relief. I mean, I think they're rooting for him completely different from what might have been two, three, four years ago. Yeah, you know, and Larry, I think there are a lot of people that might have written President Trump off before that are giving him a second look, you know, because first years now, you know, you've seen some people in the media demonizing him and it's such a personal level, such an evil way. And I think people, Melania Trump's letter, I think helped change that too, where she said, you know what, he's a husband. He's my husband. He cares, he loves music. He's a wonderful person. And it just helped humanize him in a way where the left tries to demonize him as his caricature. And he's not. He's a wonderful person. Those of us that know him well. And look, the night I was shot, he came to the hospital that night. He helped console my family. He, by the way, every week after he would call my wife to check in on her and the kids, you know, just on his own. Jen, how are you and the kids doing? That's the kind of person he is that most people don't get to see. And I hope more people get to see it. But I think you see that in him now after Saturday, you know, he knows how close he came. The whole country knows how close he came. And thank God, I do think there was divine providence that day in saving him, just that slight turn of the head. But but now I think there's a almost a louder voice that he has to speak in a different way. He even said he's going to change the tone of his speech and kind of the focus. And I think more people are going to be watching that might not have wanted to hear what he has to say. And if they just listen to his message, his message has always been more optimism of how to get the middle class back up again. He's running as a common sense centrist. Yeah. Because the other party is so far out, you know, so far left, they're out the side door. You can't even find them anymore. He is the centrist. I don't care what the issue is, lower taxes, deregulation, health and business. On abortion, for example, he's taken essentially a centrist position. Okay. Exclusions for the wife of the mother and rape and incest. Let the states decide. Katie, I'd say, I want to go through something else with you. Chuck Schumer, Senate Democrats, Joe Biden are maniacally opposed to this citizenship bill. Why are they opposed to voting? You got to show proof of citizenship. You would think in this day of age, that would be something important. Why is that? It's just common sense. You should be able to prove that you're a citizen to vote in our elections. But they have ulterior motives here. Larry, I hate to say it, but you look at what's happening at the influx of our border. We have put forth amendment after amendment to help protect voting here in our nation to make sure that only legal citizens have the right to vote. And yet those continue to be blocked on the Senate floor. And so instead of actually worrying about real things like this, securing our elections, like how do we drive gas prices down? You're looking at our unsecure border. Chuck Schumer has decided to take a different tactic. He has moved into what I have called the summer of scare tactics. He has put bill after bill on the floor that seemed to be a solution and search for a problem that it is absolutely absurd. He's using it to scare the American people instead of actually doing the job he was elected to do. And that's create real solutions for actual problems out there and move our nation forward. So unfortunately, it's more of the same with them. I mean, you look at the fact that non-citizens can vote in Washington, D.C. and the local elections. Larry, it is well documented that there are more foreign assets in Washington, D.C. than any other place across the globe. Additionally, you think about this. You think about the Chinese Communist Party and all the people that they have working at their embassy. Those people are actually voting in the election that decides the direction of our nation's capital. It's despicable. It's fundamentally un-American. We have to protect the right to vote. It has to be for citizens only. And we're going to have to keep pushing. And unfortunately, Chuck Schumer is going to do nothing about it. It's going to be one of those things that we have to start working on on day one when we take back control. Steve Scalise, another topic that's very important, it's in the news today. The intel agencies did not reveal that they had evidence of the potential Iranian assassination against Donald Trump. I don't know, this is the last few weeks. You would think three and a half years later, they had to learn something. That's my question. Is it time for a complete overhaul from top to bottom of the FBI, the Secret Service, the DNI, the CIA, in all honesty, we've seen abuses in these institutions. America needs good ones. We don't seem to have them. Leadership at the top looks awful now. The secrets, I don't want to beat up on the Secret Service. I've lived with them to two administrations in my time in government. They will take a bullet for a president, but to give up a bullet like that. So what's your take on that? Can we look toward a complete overhaul of these intel law enforcement agencies? Larry, the leadership starts at the top, and that's where the big failures have been happening, and I think it's a lack of focus. What is their mission today? I mean, the Secret Service head, you look at their website and they're talking about DEI hires and LGBTQ. No, their job is to protect the President of the United States and the former presidents. All the other stuff has nothing to do with their mission, and clearly they've lost that focus, and that's why I think this current head has serious questions to answer, and probably needs to be replaced. There's never accountability, but also some of this might be by design. You see the weaponization of the federal government against political opponents. Donald Trump in front and center. I mean, there is no doubt. I think anybody that looks at this objectively, when you see all of the forces of government going after Donald Trump for years now, especially since he announced again that he was going to run for president, you saw a complete shift in the Biden administration and all of the agencies going after him. Let's go find something on him. You know, in these cases are finally starting to get thrown out. You saw just the other day. Thank goodness. You know, the Jack Smith, you know, why the judge, why are you even here? Jack Smith got fired. You're not even yet. He got fired finally by a federal judge. In fairness, you're fired. Yeah, but not by Joe Biden, hadn't fired anybody. The debacle of Afghanistan, one of the worst debacles in our military history, where leadership failed, the leaders there that made those decisions are still making decisions, and you wonder why you've had so many other problems. Why is Iran not being taken seriously as a threat? Why is China not properly being taken seriously as a threat? It's because the leadership at the top is Joe Biden, and Joe Biden doesn't want it to change. Donald Trump, you know, will make those changes. I believe you will. Again, get their mission focused on protecting the American people who are not safe and secure is never enough time. But I love having both you. Thank you ever so much, please. Thank you so much. Thank you. Thank you. Thank you. Please say hello to saintly wife, chute, cuddler, on the way out. She is 37 years later. It's quite an achievement. Coming up here on cuddler, leaving his wedding life alone. Trump and caterpillar are having a huge rally. I want to talk about that with Governor Doug Bergham and a few other bits and zashes to. I'm cuddler sticker app. We will be right back. The GOP ticket solidified RNC chair Michael Watley reacts to Trump's VP decision on the bottom line. Then at seven Republican National Convention full floor coverage. See the night's big speeches and the party's agenda to address crime across the nation tonight on Fox Business. [Music] Few World War II images endure like Rosie the Riveter. In the iconic picture of the muscular bandana, we celebrate that in you, there is nothing we can't do. Six million women pressed into service. They were housewives. They were mothers turned war heroes. They weren't in the military. They welded in shipyards, assembled B-17s, and built bombs, while American men fought overseas. Here, 1800 women are employed and they have to be mechanics. War aviation production gets the feminine touch. These are the invisible warriors here on the home front. On the same day President Biden greeted the leader of America's World War II adversary Japan at the White House, lawmakers bestowed their highest civilian honor on 24 surviving Rosies, the Congressional Gold Medal. 98-year-old May Cryer of Bucks County, Pennsylvania, is one of the oldest Rosies still living. Up until 1941, there was a man's world. They didn't know how capable us who haven't where did they? As we might say, in Brooklyn, the Rosies got it going on. Cryer left the Capitol crowd with sage advice. My last thought is, remember these four little words, we can do it. And in the case of the Rosies, not only can they do it, but they did it. ♪ Berlin will hear about Moscow, what you hear about Rosie ♪ ♪ The Riveter Rosie ♪ ♪ The Riveter ♪ On Capitol Hill, Chad Pergram, Fox News. Everywhere you look in Alaska, it's absolutely beautiful. I mean, right here behind me to the right to the left. So today, we're going to be taking a side-by-side out and doing a little bit more exploring. Before we knew it, it was time to hit the trail. We are off-roading! I'm talking about... ♪ The last thought has very interesting weather. We blink and it's raining, we blink again, and then it's kind of sunny, and then we blink again, and it's cold, and then we blink again, and it's warm. So we've been experiencing it in every single aspect. And speaking of experiencing every single aspect. What am I talking about? I got the slow down sign. Whoo-hoo! Try to get some air! And that, we definitely did. Alright, let's rewind for a second and talk about our audio tech gym. When I punched it too hard over that hill, Unbeknownst to me, his audio pack almost flew out of the side-by-side. So, I just have to give him a huge shout-out and say I'm sorry because he handled it like an absolute champ. With everything still intact, that signaled the end of our ride, just in time to head back to camp. Here we are, ending our journey, parking the side-by-side back at the base camp, and we had just a great experience. The Big Money Show on Fox Business. The American dream is there for the taking. We'll show you all the opportunities out there. And help you see the big picture. The Big Money Show on Fox Business. Invested in you. Alright, join me now, North Dakota Governor Doug Burgum. Governor, welcome back to the show. I know you're terribly grateful, like all of us, that Mr. Trump is alive. His appearance on the floor of the convention last night was Katie Britt called it electrifying. I want to ask you though, you're a successful businessman and investor and so forth. We're having a massive stock market rally almost out of the blue and I just have to think it has something to do with the fact that a bullet grazed his ear and with God's grace he survived because you can't have a growthier platform from Trump without Trump. And I think he showed the whole world last night, there's plenty of Trump left. I mean, think about that for one second. Well, absolutely. And I think all of us, you have to wake up, hey, divine providence at work for us to be one millimeter away from a very different week this week. We'd would have been a nation in chaos and a nation in deep mourning if we'd lost President Trump. But I think the market is maybe a reflection of how people are feeling, which is they, you know, from the minute he raised his fist and that photo that David Mills took is going to be the photo of the century. It's going to be in every children's history book 100 years from now. Exemplifying the strength of leadership and what he brings to America. And I think the market also understands that President Trump's going to win. It's going to mean that he's going to whip inflation. We're going to have more energy at lower costs, which is baked into every cost of every Amazon delivery, every tank of gas, your lower glasses, yeah, every sneakers, everything, operating rooms. Yes. So when we can drive that down, and then of course it also that drives national security up because right now we're the Iranians, the Russians are getting filthy rich off of the market opportunity that's been created by Joe Biden waging a war against US energy. I couldn't agree more. I don't think everybody's going to agree with my opening rip, which was relating Trump to the stock market and even Trump to Caterpillar, which was one of the leading stocks, a very old fashioned industrial machinery, farmland type company. But you'll never talk me out of that. And you know, your point about energy, even in farmland, for example, one reason farm prices are high, one reason food prices are high is fertilizer. Yes. One reason fertilizer prices is high is because oil and gas is so high. I mean, doesn't one lead to the other to the other? Well, absolutely. Fuel is a big cost in agriculture, and whether it's for your tractor or your combine. But as you mentioned, we had a huge increase in fertilizer prices over the last couple of years. And natural gas, more natural gas, convert that into fertilizer to nitrogen. And so the war that the Biden administration has had on energy has also a war against agriculture, not just because of the fertilizer prices. But if you want to kill an internal combustion machine, you're also killing biofuels, you're killing ethanol, and the price of land from Illinois to North Dakota today is set by the price of the fuels, not the food. And so when you kill the fuel part of agriculture, if Biden gets elected again, you'll see a drop in the price of farmland in America. You'll see the collapse of the farm economy. You'll see farmers go in bankrupt. Time is short. I got to get out. I'm sorry. I know I'm looking at a future energy secretary or probably whatever else you want in the cabinet. Thank you, Larry. Thank you. I'm sorry. We're just running short. All right, folks. Let's go straight to our round. Jerry Wills for all the details on this fabulous stock market. Jerry, what's cooking? Ah, sweet stock market rally today. You got to love that. What was it? Rate cuts? It's also the Trump trade, even some good news from the world of the economy. I want you to take a look at some of those numbers. We had the Dow up significantly here big time, 742 points. Nearly 2%. You got the S&P up 35. Not as much, obviously, as the Dow, the Nasdaq higher by 36. So all three indexes ending higher, pardon me. And it wasn't the usual suspects powering the major indexes. For example, AI, darling, NVIDIA down 2% today. And you mentioned it before, while industrial bellwether Caterpillar was up 4%. Take a look at that. Now, one pocket of strength, small caps with the Russell 2000 up 3%. It's fifth straight day of gains. And it was hopes for a Trump agenda that would stress lower interest rates and less regulation that is spurring what's going on with these stocks today. Look, already traders put the chances of a September rate cut at 100%. Some even seeing a cut at the end of the month, believe it or not. It's the first time this year we've seen 100%. Positive economic news also playing in today's action. Retail sales held steady in June, defying expectations that a tired consumer had slow spending. So good news for markets today. I know a lot of boomers who are very happy. Back to you. Boomer, I'm a happy Boomer Trump trade. I like that a lot. Thank you, Jerry Willis. As always, joining us now, Charlie Herr, Washington Times, opinion editor and Fox News contributor and Katie Pavledge, town hall dot com editor and Fox News contributor. I will depart the stock market. I know you relieved at that. We've already talked about that, although I both know you're in fully. I know you're mentioning stock. No, no, you've got to be fully invested all the time. Here's the headline. Katie, start with you. Elon Musk has said he is committing around $45 million a month to a new pro Trump super PAC. He's in with Palantir, the Winklevoss brothers, Joe Kraft and some others formed in June. The PAC is focusing on registering voters persuading constituents to vote early and request mail-in ballots and swingstays, according to one of the people, ground game efforts. To me, this is the finally, the Republican response to Zaka box. Now we have GOP box or we have Elon Musk box. All right, go. What do you think about that? This is big. This is big. Huge. I mean, $45 million a month is a lot of money. It's really interesting how times have changed. Elon Musk was an Obama guy, not really politically acted necessarily, but voted for him, I believe. Right. Now you're he's woken up as many of these tech tycoons have to the anti free market, anti creativity, central planning, suffocating policies and regulations of the left, which Joe Biden has taken and implemented on a federal level. And they have vilified all these guys for stepping out of the box of Silicon Valley and the not towing the line. Typically what people in San Francisco want you to think, but this is very good news for the Trump campaign. And not only are these people cultural players in the tech world, they overall have an impact on the culture. They also all have big platforms. Of course he also owns X. It's going to be supporting president Trump. You know, it's very interesting about this also, in addition to everything you said, by the way, you had a great long sense in there. I wish you would put out stuff. We can use it elsewhere. It was very impressive. That was a beauty, really. I mean, you uncorked a lot of beauties, but that was really good. I know we do my best guys, you know, probably for the convention free, but this thing about this submitted. J.D. Vance is very close to the Silicon Valley successful investor Peter Teal. And the two of them are very close to a successful Silicon Valley or something investor now in Texas. Elon Musk. I think Trump has some wisdom here. People should not overlook that. And I just want to add one thing from my riff. Mr. Vance is known as a form of venture capitalist. The second word in that phrase is capitalist, which I like very much. Please, Charlie, hear it. Tell me more. And of course, he grew up poor in Appalachia, which is perhaps my favorite part of the whole story. And that's the whole point of capitalism is that it can take good, qualified people who grew up poor on food stamps in Appalachia and raise them to the highest levels of government. And not only, as Katie points out, you know, do you have the culture with these people? Not only do you have tens of millions of dollars a month being spent by these people on a ground game in the election, but you also have some of the smartest tech people there are. And they and our elections or our campaigns have become so increasingly tech heavy. It's you can target people in ways that we could we old paper ballot people could never know. Yes, 100 times. But you know what? I'm saying the youngest techie people are coming to Trump. Yeah, like young people in general. Well, because he's offering them a freedom agenda. He's saying, I like Bitcoin. If you, you know, if you're worried about the future of the dollar, we want to make sure that you're able to do things like buy Bitcoin and other kinds of cryptocurrency. He's recognizing the housing crisis, the affordability crisis. One of the number one things for young people is not being able to find housing, not being able to buy a house. They feel broke and that they can't make it because of government regulation and inflation. So while Biden thinks that just for giving student loans and offering additional government handouts and programs is the answer to young people. I just I'm sorry, we're short time. I truly am sorry, but just saying I really like to dance teal musk. I'm telling you, it's very powerful. It's it's kind of like Ruth and Gary. I'm trying to think of something similar. Well, I like cudlow hurt in Pat. Yeah, you know it, you know, there you go. And I just want you to dictate that first sentence because it was running back trolley her and Katie Polly. We have the tape on it. It was a beauty coming up here on cudlow, a group of incredible GOP fighters who support president Trump's agenda. They're running for the Senate to take the Senate back. We'll talk to Montana Senate candidate Tim Shee and Ohio Senate candidate Bernie Moreno. Next up, Katie Pavlitz. What a word Smith, Lord. I try to bring these numbers to life by removing the intimidation factor, making money with Charles Bain on Fox Business. Invested in you. Artificial intelligence potentially be shaping American agriculture. Yes, the farms even farmers are turning to automated equipment to get the job done. Madison Allworth with Fox Business is in Pembroke, Kentucky. She's got more. Hi, Madison. Hey, good morning, Dana, you know, farming agriculture. It's the backbone of the US economy. But farmers, they're facing real struggles right now. And adco thinks the future is autonomous vehicles. I showed you that tractor in the break. And now you actually see it moving here. We have it moving up, driving all on its own, no driver inside. And this is their latest tech. This is their first piece of autonomous vehicles. What they're hoping is the value ad for farmers is that right now everything is up in cost. Feed is up in cost, fertilizers up in cost. And they are facing severe labor shortages. And you can see it cut it real close, but right there, no collision. The big value ad being that they can have that all run without a person inside. One last person, they have to hire one last expense. So I want to bring in Brad Arnold with adco. So Brad, let's talk about this vehicle right here. What difference would that make when it gets on a farm? Because right now you guys are an R and D. We're not yet releasing it. But what's the hope there for farmers? You know, harvest season is a super stressful time for farmers, and they add a significant amount of labor to get through the harvest season. And so when we can actually take away the need to hire a complicated role or fill a complicated role in the grain car operation, it's a significant value to the farmer. And then when you think about autonomous vehicles, you think cars, you don't necessarily think tractors. So how are you attracting engineers and talent to a farm in Kentucky? Well, we actually started with all of this technology came from a company called JCA Technologies that we acquired about a year ago. And so since then, we've added dramatically to their team in Winnipeg. We've also started a tech hub, which is a great place to hire autonomous, autonomous engineers in Phoenix. And so we're actually able to attract a lot of autonomous engineers from automotive over into agriculture, because it's actually an industry that's got a significant purpose in producing food. So thank you so much, Brad. So that's the first piece. The hope is that by 2030, they will have an entire fleet of autonomous farm vehicles. Making electricity for the American masses is only possible when every facet of the operation is working properly. And while our nation's generators are no doubt a major part of that, repairmen like Hoover's Steve Simorero spend their days dealing with, well, everything else. While his colleagues work to revive the downed generators above, today, Steve's headed to the dam's underbelly to perform some other essential maintenance. Right now we are on the first floor. It's actually under the dam. It's below the first foot, so to speak, of the 726 foot dam. And we're going to go down below that to clean out the last filtration system before it goes into the river. That last filtration system is designed to catch debris that might otherwise wind up in the Colorado River, which supplies water to more than 40 million people in the southwest. But most of all, it's here to trap an invasive species of mollusk known as the Quagga Muscle. So as you can see here, we've got a lot of Quagga Muscles. Quagas are becoming a very big problem in lakes, especially here in Lake Mead. It's a big damn problem. What he said, Quagga Muscles not only destroy lake and river ecosystems, they can also clog the many pipes used to irrigate 5 million acres of farmland. The lake that feeds the Hoover Dam is already infested with them, so the goal here is to not let them spread any further downriver. If we didn't have this, which would be clean, every month, all these Quagas right here would be going downriver, which would be a huge problem for Arizona, because these things just multiply like wildfire. All right, big Senate races joining us now, Tim Shee, Montana Senate candidate, Bernie Moreno, Ohio Senate candidate, gentlemen, welcome, appreciate very much. You're both running behind Trump and the polls. I don't, I'm not saying you're gonna lose it. I'm just saying, why are you running behind Trump and the polls? Boom. My opponent ran for office for the first time when Richard Nixon was in the White House. He's run 11 times statewide and everybody knows him. My case, I've been a business guy my whole life. 60% name ID. Once that number gets up in the 90s, we're gonna kick his butt. Are you capitalist? Absolutely. You know what? I was just talking about our new vice presidential candidate was a venture capitalist. The second word in that is capitalist. Let's not forget that. How about out in Montana? Now you actually polling slightly ahead of your opponent. But Trump's, can you catch up to Trump? That looks like the race. Well, we'll try after this weekend. You know, literally he's bulletproof. So we'll see. But we are going to close the gap. We're already ahead, as you mentioned. But like Bernie said, Ditto, you know, I mean, I'm an entrepreneur, first time candidate. Never run for anything before in my life combat veteran. And now I'm running for the Senate because we're going to save this country. John Testra is a 30 year career politician, a lot of name ID. But we're going to put him away. He you can't get a single ounce until of truth out of that, man. I have seen him wreck careers with lies out in Montana. I just want to say that. Thank you for your service to our country and to your wife the same story. But I'm just saying you got to whip him. You really have to whip him for the good of the country for the good of morality. I couldn't agree more. Yeah, I know I figured it's a show stopper. What's your biggest issue out in Ohio, which is Republican now should you should win it. Yeah, I mean, my opponent's a political cicada. He's reemerged from the ground as a Trump loving moderate bipartisan Democrats shared Brown Brown, that's a shared Brown you share, Brian, he has president Trump in his commercials in a positive way. He says he's Trump on trade with Trump on the economy or Trump on the border. And if you spend enough money lying to people, that's what can happen. He's a tax or he's a regulator is nothing to do with Trump. Your biggest issue last 20 seconds or so, you know, at the end of the day, it's going to be southern border. We're a northern border state with a southern border problem. Drugs are pouring into Montana. People are feeling it. They're tired of it. You are so right. The border thing, it's like every state is a border state now. So that's got to be big and coming across the northern border. You're absolutely right. Jim, I'm truly sorry we run out of time. Anyway, Tim Shee, Bernie Moreno, you're going to win. Please would you both win? We're going to win. There's renewed anticipation that the Federal Reserve could be cutting interest rates after retail sales came in flat for June. Retail sales for May were revised higher, up 3/10 of a percent. Excluding auto sales were up 4/10 of a percent last month. It's proving that somehow the consumers still has checks and they still have credit cards. I don't think they have any cash, but they're still spending number one. For the year ending in June, retail sales are up 2.3%. There's another sign that demand for luxury goods is softening, especially in China. Hugo Boss is lowering its forecast after sales declined 1% in the recent quarter. Both Burberry and Watchmaker Swatch also are expressing concern. Luxury giant LVMH whose brands include Blu-Vaton, Mulgari, Fendi, Dior, and more reports its earnings next week. Traveling to Europe this summer? Make sure you're not going to a city where Taylor Swift is performing. Research firm co-star says hotel room prices are up as much as 40% around and during Swift's concerts. Travelers to Europe have been working around the show switching to different cities because of the popular tour which has pushed up some rooms to $600 a night. That's a look at business in New York. I'm Lydia Hu. We're at the Desert Research Institute here in Las Vegas, Nevada. We're talking about the potential for sunscreen on Mars. NASA's involved with this. The DRI and the University of Nevada in Reno. They're all studying this right here. This is lichen, a natural symbiotic relationship between bacteria and also fungi. You look at this and you're thinking, is this even a living organism? It is. This is what we found in the desert in the Red Rock Canyon area. The reason why they're using the desert and this form of lichen is because it's as similar as we can get to here on Earth with the harsh conditions that Mars will experience. We're looking at this potential and how they absorb this solar radiation and protects the cells underneath. I talked to a microbiologist here at the DRI, Henry's son, about why it's important to develop this sunscreen. We're hoping that by studying these organisms, we can learn how to make a better sound block that is natural, that is organic, that is very protective. And these colors or pigmentation is what scientists are studying, trying to understand how it absorbs the solar radiation while still protecting those vital cells and utilizing some of their findings, researchers are actually hoping to develop a supplement that can be consumed by astronauts that will give them the same protective effects that lichens have, like having sunscreen, but actually it protects you from the inside. And again, I talked with Henry and I said so far in your research project, what have you found? And so this study's been going on for a few years. What have you learned so far during your research? What do we learn is that that life finds a way on Earth, even you're living in a desert where living is very hard because desiccation, because of UV exposure, but life always finds a way. Other applications of these pigments might be more commercial, such as a deck paint that withstand sun exposure for longer periods of time. Hello, this is Fox Extra. To our friends watching in Canada, thank you for choosing Fox. You can catch both Fox Business and Fox News on Rogers. Keep it right here. In business, you need to stay a step ahead. Your top story's right now. It won't go up. Okay. So download the free Fox Business app. Just scan the code on your screen. You got the nastap moving ahead comfortably. Put the markets at your fingertips. Get the latest from Wall Street to Washington with the inside investors need. So here's the good news folks. Let's take a quick look at the markets. The Fox Business app makes it easy to be in the know wherever you go. Scan right down to it. Download the Fox Business app from your app store or scan the QR code on screen now. My last word, Trump rally. My last word, Trump trade can't have growthier platforms without Donald Trump. And he showed up last night in the whole. 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