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00:00But, judging from softening oil prices today, they could be betting that things do not.
00:07For now.
00:08Welcome, everybody.
00:09I'm Neil Cavuto.
00:10Crazy reactions worldwide, at least in markets, to something that could be their undoing.
00:15But so far, the markets don't seem to be feeling that way.
00:18To Lucas Tomlinson at the Pentagon, where I guess, Lucas, everyone is just sitting tight.
00:23Very tight.
00:25That's right, Neil.
00:26U.S. warships in the Middle East and American spy satellites orbiting high overhead in space
00:32are closely monitoring Iran, trying to pick up when or if Iran launches this major attack
00:39on Israel with the help of its proxy forces.
00:42Now, earlier at that press briefing, you just played a clip off the top.
00:45I asked General Ryder, what can the U.S. military do to stop this attack?
00:52Don't you need to send a clear signal about what Iran, if they do it, if they cross it,
00:59you will attack them?
01:00I think we are sending an extremely clear signal, which is that we are going to support
01:05the defense of Israel.
01:06If you do this, launch this major attack, the U.S. military will strike back.
01:12Why can't you just clearly say that?
01:13I think we've been very clear that we're going to support the defense of Israel and I'm not
01:17going to speculate about potential future attacks by Iran.
01:21Now some warship movements to report, Neil.
01:23The USS Laboon, a guided missile destroyer, recently transited the Suez Canal and is now
01:28on station in the Eastern Mediterranean.
01:31There are now three destroyers in the Med capable of shooting down incoming ballistic
01:35missiles over Israel, just like they did back in April when Iran launched that massive drone
01:39and missile strike.
01:40The USS Theodore Roosevelt aircraft carrier strike group remains in the Gulf of Oman.
01:45TR has been deployed for over seven months and is due to return home soon when her relief
01:50arrives.
01:51That's Abraham Lincoln strike group currently in the Western Pacific, though.
01:54The Abraham Lincoln strike group has been ordered to the Middle East for the second
01:58time in 10 days, but it'll take over a week to arrive because the strike group is still
02:02in the Western Pacific.
02:04And General Ryder, that Pentagon briefing also confirmed for the first time that eight
02:08American soldiers were wounded in that drone strike in Syria last week, Neil.
02:14Lucas, thank you for that.
02:16Lucas at the Pentagon.
02:17I want to go to Alex Hogan right now in Tel Aviv, Israel.
02:20Where I imagine people are on tenderhooks, to put it mildly, Alex.
02:23Yeah, that's right, Neil.
02:26People here are bracing night after night, wondering if this will be the night that Iran
02:30attacks.
02:31And President Biden was just asked specifically about that within the last hour about whether
02:35or not he is concerned.
02:36He said, of course, he is concerned.
02:38He was also asked if he thinks that the possibility of a ceasefire might deter Iran from striking
02:45Israel.
02:46And he says that is his expectation.
02:48Now, despite the diplomatic efforts that we have seen in recent days, comments by the
02:52U.S., the U.K., France and Germany urging Iran to stand down, President Massoud Pazeshkian
03:00says that the country reserves the right to respond.
03:03Now, some Iranian officials today reportedly saying that the only thing that could prevent
03:07this retaliatory strike is a ceasefire in Gaza.
03:10So that, again, is what Biden was asked about this past hour.
03:14Ceasefire talks are expected to resume on Thursday.
03:18There has been some back and forth as to whether Hamas will join those negotiations.
03:21But today, the White House says it is urging both sides to return to the talks.
03:25The U.S. State Department says that Qatar says it will encourage Hamas representatives
03:29to return to the table.
03:31Until then, more evacuations are underway in the southern part of Gaza and further south
03:36in the city of Rafah.
03:37The IDF says it has killed 100 militants in the past several days.
03:43Last year, in Tel Aviv alone, Hamas says it tried to target the city.
03:47Today, two rockets were identified, one of them falling into the sea.
03:50Meanwhile, new tension on the northern border of Israel tonight.
03:54Just minutes ago, as many as 15 projectiles were identified crossing the border from Lebanon.
04:00Neil.
04:01All right, thank you very much for that.
04:04I want to go to Brigadier General Rob Spalding on this and what he makes of what you're reporting
04:08from all over the world.
04:10Obviously, something is up.
04:11Iran is planning to do something, General.
04:14We know about this military drill going on in the north of the country.
04:17We know that it might be a multi-day series of drills.
04:22What could or would that tell you?
04:24Well, last time we had this, you know, I did not think that they would launch the missile
04:30barrage that they did.
04:31And so that showed them to be far more aggressive than I expected them to be.
04:35It's kind of hard to predict how it's going to unfold here.
04:39But you can bet that Hezbollah and elements of the Houthis and Yemen will be involved.
04:47And we may see some missile attacks.
04:48But more importantly, I think, why are we not being very clear with Iranians that we
04:53will respond alongside Israel to attack and actually target things that they care about?
05:02It's an interesting point.
05:03I'm wondering, you always wonder about back channels and quiet diplomacy, but maybe some
05:07of that is going on, General.
05:09But given, you know, the building naval presence in the region, and I think we have a map to
05:15show just how it seems to get bigger and more involved by the day, is that speaking for
05:21us or not enough?
05:23Well, I definitely think what it does is it allows us to be prepared to respond if we
05:29want to.
05:30And certainly, if you think about it, we're much more prepared than Israel was on October
05:357th, for example.
05:36So I think we have the forces in place.
05:39But ultimately, if there isn't a very specific, you know, threat that goes along with those
05:45forces, then I think the Iranians are going to think that they kind of have carte blanche
05:51to go after Israel.
05:53Furthermore, we should not allow them to contingent any conversations in terms of negotiations
06:03over Gaza on whether or not Iran strikes.
06:06That just gives them a ticket to the party that they should not have.
06:11Maybe at an abundance of caution, the Secretary of State, Antony Blinken, as I'm sure you
06:14heard, canceled a trip to the Middle East.
06:17Maybe that is a signal that an attack could be imminent or that there's little he can
06:22do in the interim in person or otherwise.
06:25What do you make of it?
06:26Well, I think that's also encouraging to the Iranians.
06:29You know, if the Secretary of State is actually on the ground in Israel, that really gives
06:34a signal to Iran.
06:35If there is attack and, God forbid, something would happen to his plane or his person, that
06:40the Iranians would be held responsible by the Americans.
06:43So again, it's not a good news in terms of deterring an Iranian attack.
06:50You know, General, we've heard very little outside of some condemnation from Vladimir
06:54Putin when we first took out this Hamas operative and did the same with the Hezbollah operative
07:01in Lebanon condemning the attack predictable.
07:06China said or used the same kind of language, I believe.
07:10But little since.
07:11What are we to make of that if we made good on a retaliatory strike on Iran, if they have
07:17a retaliatory strike on Israel?
07:19It's complicated, but what then?
07:23As we've talked about before, you know, China supports both Russia and Iran, and in this
07:28case the fact that you're not seeing a lot or hearing a lot from either China or Russia
07:33indicates that they've more or less given their tacit approval to whatever Iran does.
07:38Again, remember, this distracts the United States from anything else that's going on,
07:42whether it be Russia's invasion of Ukraine or anything China might do in the Indo-Pacific.
07:49You know, General, we don't get overly fixated on oil markets that can move for other reasons.
07:54I have no doubt that the drop off in oil prices owes as much to do with OPEC, you know, warning
07:59that demand is softening globally.
08:02I believe they said to the tune of about 130,000, 135,000 barrels a day.
08:06So there are bigger problems for some of these oil-producing nations in the neighborhood
08:11where this other stuff might be just noise now.
08:14What do you make of that?
08:17Well, it is interesting that you haven't seen the prices spike.
08:23You know, one thing that would really take away a lot of that leverage would be for us
08:28to be very focused on producing oil ourselves.
08:31And so that's something that we should definitely think of as an overall strategic response
08:36to Iran and Russia's behavior.
08:40That's a very good point.
08:42Another one that has come up, and I think you presciently touched on it last time we
08:45chatted, the role of other nations in the region, of course, condemning of Israel for
08:51taking out the Hezbollah and Hamas operatives and all the rest, but not going much further
08:56beyond that.
08:57What do you make of that?
08:59Well, it's clear that the Gulf countries are aligned with Israel against Iran.
09:07Again, Arabs and Persians don't have any love lost between the two.
09:12And I think, you know, the thing that this administration hasn't done is fostered those
09:17good relations between Israel and Saudi Arabia, for example.
09:22And that's something that absolutely is needed, because Iran really clearly is the bad actor
09:27here and they've used all the largesse that they've gotten after the Biden administration
09:32took office to really sow discord and really go after Israel through proxies and directly
09:38with their missiles.
09:41So one school of thought, General, is that it's the proxies that make the response and
09:46provide Iran cover, whether that's Houthi rebels going after shipping interests in and
09:50around the Gulf or whatever Hezbollah does with ample missile capabilities to the north
09:56and the Hamas.
09:57And that's the cover for Iran and its new moderate leader.
10:01What do you make of that?
10:04Absolutely agree.
10:05I think you're going to see Hezbollah and Houthis.
10:08I think one of the positive things to come out of what's going on after October 7th is
10:15the Israeli presence in Gaza and really taking apart a lot of those tunnels.
10:19I mean, massive tunnels that they were moving weapons and goods across the Egyptian border
10:24that, you know, the Hamas doesn't really have the ability to use anymore.
10:28So it does allow the Israelis to kind of focus on that threat coming from Hezbollah in Lebanon
10:35and then potentially from the Houthis in Yemen.
10:39All right.
10:40We'll see what happens.
10:41But, again, a nail-biting situation in the interim.
10:46General Rob Spalding on all of that.
10:47Just a reminder, tomorrow on Your World, the Pentagon Press Secretary Patrick Ryder will
10:51be joining us, giving us his take on what's happening right now and where this could lead.
10:56Who knows?
10:57But tomorrow at this time, they could be coming to blows.
10:59It's hard to say.
11:00No one really knows for sure.
11:02The best bet we usually have is just following oil markets.
11:05And are they telegraphing something that we're missing?
11:07We're not worried today.
11:08And even with the run-up we had in oil prices before today, not much of a run-up at all.
11:14What to make of that after this?
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15:00All right, take a look at the markets, but before I do, I do want to relay, we talked
15:07about the effect right now on money and the war and possibly expanding one in Israel.
15:11The U.S. has just approved $20 billion in weapons sales, we understand, to Israel at
15:16the time of this potential widening regional conflict.
15:19We don't know the breakdown of the weapons systems, but they were quickly approved and
15:24on their way to Israel.
15:27Another thing that was on the way today was, despite all this concern about a rupture in
15:32the Middle East, didn't see it in oil prices, didn't see anything in the latest wholesale
15:36inflation report, what they call the producer price index, measures prices at the level
15:42before they get to us with retail inflation, and that will come out tomorrow.
15:47Is it steady as she goes on that front, or is it?
15:50Let's go to Gary Kalpam, Kalpam Capital Management President, Fox News contributor.
15:54Gary, it is weird, you and I have talked about this many, many times, how the markets have
15:58by and large ignored the Middle East.
16:00You could actually date it back to October 7th and the Hamas attacks, nothing.
16:05Oil prices are lower, general world markets are higher since then.
16:12Why?
16:13I wish I knew, Neil, and I've got to tell you, the oil prices today getting hit when
16:18we have this possible threat from Iran, and we're talking possible blockades of oil which
16:24would spike oil prices, let's just say fickle throughout the years, potential for war in
16:31markets.
16:32Markets have pretty much ignored them, because I think the two words over there get center
16:37stage, but leave no doubt if things escalate, if there's blockades, if oil prices start
16:43spiking $10, $15 because of it, it will definitely have an impact on the markets for sure.
16:50All right, now, it seems like the markets have shaken off what they were, the body blows
16:55they were absorbing a week ago.
16:57Yesterday, we were slowly digging our way out of it a week ago at this time, but a long
17:01way from that.
17:02There was talk about an emergency Fed meeting to get a handle on this.
17:06That seems to be somewhat.
17:07Where are you on this, and what happens next?
17:10Well, I thought the Fed should have done an emergency meeting, and I guess I was wrong
17:14because the markets have come back nicely, and today was the first day I saw some real
17:19what I would call oomph in the market.
17:21Before it was just a bunch of bouncing.
17:23I just think what happened, the semiconductor index to me, the most important area of the
17:27market, was down 28% in a month, and I think the market decided enough's enough, and we're
17:34back on the way.
17:35How much, I don't know, but I just think last Monday was this big volatility explosion that
17:42washed out sellers, and I think buyers get in the upper hand right now, and we'll see
17:47where it takes us.
17:48The other part of the equation is that we're 3.85 on the 10-year yield, Neil.
17:54We hit 4.9 in October ago.
17:57That is a huge drop in cost of capital all through the food chain, which is good for
18:02profits from the consumer all the way down to big business, and that will provide some
18:07sort of tailwind.
18:08I think that's part of the equation here.
18:12You know what I think is important, and you're the expert, but as you know, I read a prompter,
18:15so I think I qualify, Gary, and one of the things I've noticed is the consumer.
18:21If you really want to know where we're going, talk to the consumer and what he or she is
18:24doing, so when I get news at a Home Depot today warning that their customers are being
18:30very cautious, and when it comes to home improvement projects, and I always admire people who can
18:35do that sort of stuff on their own.
18:36I don't know which end of the hammer to use, but that's a separate issue.
18:40They're not buying as much.
18:42They're not going that far out on the limb to do these projects, and I'm wondering when
18:47I hear that from the likes of Procter & Gamble, when I hear that, dare I say it, from Heineken,
18:54what does that tell you?
18:56Is our fear now not so much higher prices, but a slower economy?
19:02I believe so.
19:04Look, Home Depot, Amazon, Walmart, Disney, American Airlines, it's a laundry list right now.
19:12Retailers are discounting left and right.
19:14You don't get $5 now, $4 meals for no reason.
19:18It's to attract the customers, and I think that this consumer is softer here.
19:23I will promise you, though, if we go into some sort of real recession, the market's
19:27going to be down another 15% from here, so I think so far we're okay.
19:32It's softness right now.
19:33Let's hope that's all it is, because if it gets worse with a debt-laden consumer in government,
19:39there can be some problems going forward with the economy and the market, and keep fingers
19:42crossed that doesn't come to fruition.
19:45Got it, my friend.
19:47Thank you very much.
19:48Gary Kaupman on that, and to Gary's point, the betting seems to be on people who put
19:52money down and bet on this sort of thing in something called Fed Funds Futures.
19:56That's the overnight bank lending rate that the Federal Reserve controls, that in September
19:59when the Fed meets, they're going to cut rates by 25 basis points, a quarter of a point.
20:04That is a 100% bet.
20:05You rarely see that, but there is another separate bet that the cut will be even bigger,
20:11that it will be a half a point, but again, the consensus for now, always dangerous, is
20:16the quarter-point cut.
20:17All right, I don't know if any of you had a chance to listen, stream in to this Donald
20:23Trump talk with Elon Musk on X.
20:25I found it very riveting, and there were glitches in all of that, but it was a freewheeling
20:30conversation.
20:31It was particularly Donald Trump talking about what's happening with electricity prices and
20:38utility costs in the face of AI and all of these clean fuel cars, right, that raised
20:45some eyebrows after this.
20:54The thing that really is making them angry is what Kamala and Biden have allowed to happen
21:01to the economy.
21:02It's a disaster with inflation.
21:05The inflation, it doesn't matter what you make, the inflation has eaten you alive.
21:10If you're a worker or if you're just a middle-income person, you can't afford, you know, four years
21:18ago, five years ago, people were saving a lot of money.
21:20Today, they're using all their money and borrowing money just to live.
21:24If the government spends far more than it brings in, that increases the money supply,
21:30and if the money supply increases faster than the rate of goods and services, that's inflation.
21:34We need to have, we need to reduce our government spending.
21:40You know, I don't know how people feel about, you know, these online interviews extended
21:44two hours plus in this case on X featuring Elon Musk talking to Donald Trump, but it
21:50really was a riveting two hours.
21:52Now, you could maybe raise issues with those technical glitches and some of the maybe exaggerations
21:59that Donald Trump had responding to certain questions, but it was an aggressive give and
22:03take, friendly give and take, but it revealed some interesting insights in the U.S. economy
22:08and how this push for EVs and artificial intelligence is going to send our electricity bills soaring,
22:15something that a lot of people maybe scratch their head and say, you know, I never thought
22:17of that.
22:18Donald Trump raised that with Elon Musk a lot more.
22:20Brian Yannis following all of that.
22:22Brian.
22:23Neil, well, it was also the former president's rivals that thought the conversation was somewhat
22:27interesting as well.
22:28Hours after former President Trump and Elon Musk wrapped up their two-hour conversation
22:32on X, the United Auto Workers Union, which endorsed Vice President Kamala Harris, announced
22:38it's filing federal labor charges against both men for advocating in that conversation
22:44for the illegal firing of striking workers, they say.
22:48Here's what the union is referring to.
22:49Well, you, you're the greatest cutter.
22:52I mean, I look at what you do.
22:53You walk in and you just say, you want to quit?
22:57I won't mention the name of the company, but they go on strike and you say, that's okay.
23:01You're all gone.
23:02You're all gone.
23:03So every one of you is gone.
23:05Trump and Musk talked about illegal immigration and his assassination attempt.
23:10During the call, Musk described himself as a moderate Democrat while urging other moderates
23:15to vote for Trump.
23:17Trump also praised Musk's Tesla electric vehicles.
23:21The former president has embraced EVs lately since Musk endorsed him, but Trump's long
23:26been against EVs and government subsidies for them.
23:30Trump also sounded the alarm about artificial intelligence and its drain on U.S. energy
23:35resources.
23:36Again, notable in part because Musk is endorsing Trump despite the potential, potential thorn
23:42he could be in Musk's overall business interests.
23:45That doesn't mean everybody should have an electric car, but these are minor details,
23:49but your product is incredible.
23:51And I know you're a big fan of the AI and I have to say that AI, and this is shocking
23:58to me, but AI requires twice the energy that the country already produces for everything.
24:04So what you're going to have to build, we're going to have to build a lot of energy if
24:08our country will be competitive with China.
24:12Last night's stream was marred by technical glitches.
24:15As you noted, Neil, it started more than 40 minutes late.
24:17Musk claims it was because of a mass cyber attack, but critics are skeptical given the
24:22rest of X was performing normally.
24:24And we all remember the glitch-plagued Musk conversation last year with Governor Ron DeSantis.
24:30Elon says he's happy to host Vice President Kamala Harris on X Spaces 2.
24:36Neil?
24:37All right, Brian, Brian Yennis, thank you for that.
24:39To Phil Wegman on this, real clear politics.
24:41Phil, it could have just been the volume of calls.
24:43Everyone wanted to get in and sample this, and once again, X couldn't really handle it
24:49all.
24:50But what do you make of the whole thing?
24:51Well, Elon Musk can send rockets into space.
24:55He can transform the American auto industry.
24:57And we found out last night that he can host a radio interview.
25:00That's what this was.
25:01It was a radio interview with some tech glitches and with a billionaire.
25:05I think that what we heard from Donald Trump was that he remains the same guy.
25:10But that's not to be dismissive.
25:12You know, even though there wasn't a lot in the form of news, I think the significance
25:15here is that the former president deepened his relationship with one of the world's richest
25:20men.
25:21But more than that, you saw Musk sort of create a permission structure, reaching out to those
25:25more moderate voters, folks who probably wouldn't find themselves at a MAGA rally normally,
25:31and encourage them to vote for Trump.
25:33So if they not only go to the polls, but if they donate to him, this will be a big win
25:37for Republicans.
25:38Yeah, you know, and it did mostly stick to issues.
25:42Now, there were discrepancies over some of the things that Donald Trump's had, whether
25:45they were entirely accurate or truthful or exaggerated.
25:48This happens often.
25:49But one of the things I found interesting is it was a freewheeling discussion of when
25:54it comes, for example, to AI, a great new promising technology, but it's going to cost
25:59a lot of utilities, a lot of money to be the backdrop for it, just as it is with EVs, because
26:05a lot of people with EVs are discovering that when they, you know, juice up their cars,
26:10it's costing a little bit more than it used to.
26:11And this demand on electricity and this demand on this will be all the more when it comes
26:16to AI.
26:17That's a little maybe obvious thing to most people.
26:19But I caught that.
26:20I said, you know, it's a very good point.
26:22Are we prepared for that?
26:25And sort of this freewheeling conversation that was par for the course for Donald Trump.
26:30It wasn't something that would fit neatly into a speech like you mentioned and said
26:33he was sort of working his way through the issue.
26:36But the contrast of the Trump campaign once from this two hour conversation, glitches
26:41and all, the contrast that they want to paint is that Trump is out there.
26:44He's willing to have these unguarded conversations that are not prescripted at a moment when
26:50Vice President Harris hasn't been doing any interviews other than the two gaggles on Air
26:55Force Two at this point.
26:57She's been a candidate for about a month and she hasn't sat for a single interview.
27:01That's the contrast the Trump campaign wanted.
27:03And I think that's what they achieved last night.
27:05Now, the way it goes, usually, though, when a party gets ready for its convention, the
27:10candidates, the ticket to get sort of a bump up in the polls afterwards, you know, you
27:15can think of Kamala Harris.
27:16She's already enjoying that with her running mate, maybe a little bit more.
27:20But then it's it's really trudging it out through the final months on these very issues.
27:25Right.
27:26That's right.
27:27And I think that what I picked up in the interview with Donald Trump last night was almost sort
27:31of a longing for Joe Biden.
27:33Clearly, the former president was eager to run against President Biden.
27:37He wanted that rematch.
27:38Of course, now he has to switch gears and run against Vice President Harris.
27:41What we're seeing in the polling currently in the five-way RealClearPolitics average,
27:45including some of those third-party candidates, is that she's leading him by one point, one
27:50point.
27:51Obviously, things can and do change.
27:52But right now, that honeymoon continues.
27:56And Trump was attacking the Biden administration.
27:58It didn't seem that he had fully switched gears to focus his his attacks just on Harris,
28:04because this is a new race.
28:06A lot of the fundamentals are similar because she's a part of the previous administration.
28:11But it is it is new.
28:13And the Trump campaign is going to have to adapt in a hurry now that we're less than
28:16100 days out.
28:18I always wonder how she's going to separate herself from the president on issues like
28:22inflation and protections, you know, for U.S. companies and the rest.
28:27Hubert Humphrey had a devil of a time in 1968 doing that with Lyndon Johnson, for example,
28:32on the war and some other issues.
28:33It's very tough for the number two to separate, in this case herself, from the number one
28:41guy because it comes back to haunt you either way, right?
28:45And I asked this question directly to the White House during the briefing the other
28:49day, which was, what does President Biden see as Vice President Harris's most significant
28:54achievement?
28:55What Corine Jean-Pierre told me was that it's a comprehensive whole, that Vice President
29:00Harris has been there for every one of these big lifts.
29:04That's a boost to her among Democrats who like what this administration has done.
29:08But it rings hollow, then, when Harris says that her day one priority is going to be bringing
29:13down these prices, that it's going to be dealing with some of the challenges we're currently
29:17facing, because voters, they might as well say, well, you're there already.
29:21For instance, this tax on tips proposal that Harris has now endorsed, the immediate follow-up
29:26question is, all right, if you're endorsing this now, why didn't you do it previously?
29:31Or what are you doing right now to get that sort of thing into law?
29:34Yeah, because reporters and good ones like you will jump on that when you see those distinctions
29:40and separations.
29:41Phil Wegman, great catching up with you, my friend.
29:44Thank you, sir.
29:45All right.
29:46To Peter Doocy right now.
29:47He's been keeping up on top of this relationship between the president, who's obviously doing
29:52a number of events before he steps down in five months, and Kamala Harris, who might
29:56have to separate herself from her boss in the interim.
30:01And we had a chance to catch up with President Biden on his way down to New Orleans earlier
30:06to get a rare comment about her politics.
30:10We will run the bite, coming up.
30:18Kamala Harris has spent decades fighting violent crime.
30:21As a border state prosecutor, she took on drug cartels and jailed gang members for smuggling
30:26weapons and drugs across the border.
30:30All right.
30:31That might strike you as a little odd, considering we have not heard much from the so-called
30:35border czar, even though the administration says she was never labeled that, but she had
30:40seemed to be put in charge of it.
30:42But she does have a border record, and that is the one thing the administration, and particularly
30:47the Kamala Harris camp, wants to get across in these series of ads.
30:50Hans Nichols on how that is going, Hans is with Axios, a great reporter.
30:54Hans, you know, this isn't the only area where she's doing this.
30:58Talking about inflation, talking about the economy, talking about, you know, making sure
31:03waiters and waitresses don't have to pay taxes on their tips.
31:07That seems to follow Donald Trump.
31:09But there's more of this going on.
31:11What do you make of it?
31:12Well, they are clearly trying to fight for a draw, if not an advantage, on some of these
31:17issues.
31:18And so the Trump campaign has just as clearly telegraphed that they're going to make this
31:22about immigration and inflation, and that's what they want to focus the election on.
31:27And so what you're hearing from the Harris campaign and seeing with these ads is their
31:31attempt to try to neutralize that charge.
31:34To me, it's part of a broader story, and that is that this is going to be a knife fight.
31:39Both campaigns acknowledge it's going to be exceedingly close, and you're starting to
31:43see the sort of nuts and bolts, the blocking and tackling of what the campaign is going
31:48to look like.
31:49And it's going to involve a lot of 30-second ads that you just played for your viewers.
31:53And I suspect a lot of media sort of trying to work the refs in terms of favorable media
32:00coverage.
32:01And that's just where we're going to be for the next three months.
32:04All right.
32:05I am curious what you make of this strategy, though, especially when it comes to the border.
32:10Another, if they say the best defense is a good offense, that I've seen the Harris camp
32:15use is saying, well, we really could have had progress on the border had Donald Trump
32:19not stopped this border package that had bipartisan support.
32:24We've heard this many, many times.
32:26But to reframe it as this is an all on us.
32:29What do you make of that?
32:30Look, that's clearly a strategy, it was it was Joe Biden's strategy, now Kamala Harris
32:36is adopting it.
32:37I don't know how successful it will be.
32:38I guess I can tell you after November, I would say that when you talk to Republicans any
32:44day that they are talking about the border, that they're talking about immigration is
32:48favorable terrain to them.
32:50And even if the Harris campaign is trying to sort of level things up and neutralize
32:55the charge to some extent, the actual issue set and poll after poll tells us this favors
33:04Republicans.
33:06So if that's if this if let's put this sort of the crassest political terms, if the election
33:11is going to be contested on immigration, Donald Trump and his senior advisers like their chances.
33:17And so a large part of what the Harris campaign will be about is talking about the issues
33:21they want to talk about.
33:23And that's what is Peter is laying out.
33:25That's what we'll get later in the week.
33:26We'll get a big talk tomorrow about prescription, excuse me, on Thursday about prescription
33:29drug costs.
33:30And then later in the week, Harris is expected to roll out some of our own policy proposals
33:36and really try to formulate, for a lack of a better term, what a Harris sort of presidency
33:41and a Harris doctrine looks like.
33:45You know, there's been a push on Donald Trump's part to see we have three presidential debates.
33:49There's only one on the schedule that's rock solid.
33:51That's the ABC one next month.
33:53But one of the things I'm being told on the scenes is that the Harris folks are looking
33:58at tapes of Donald Trump's encounter with Hillary Clinton, not so much any of these
34:02encounters with Joe Biden to see, again, I guess the chemistry of a man versus a woman
34:08on a debate stage.
34:10Do you know much about that?
34:11Is that part of the strategy to show a different tack that Kamala Harris might take?
34:17Neil, it does not pain me to say this, that you're reporting right here is better than
34:21mine.
34:22I haven't picked up any of that, but that's not to say it's not happening.
34:24It probably means it is happening.
34:27And that's just good political hygiene on the part of the Democratic Party.
34:32Fair enough.
34:33Fair enough.
34:34Well, we'll monitor it.
34:35There's a lot out there, but always good talking to you Hans.
34:38In the meantime, we are following Ernesto, this tropical storm that could be a whole
34:42lot more, but it is brewing in the Caribbean.
34:44In the meantime, some news concerning Steny Hoyer, saying that he is being treated for
34:51a mild stroke, sought medical treatment.
34:54He has responded well to that treatment.
34:55No lingering symptoms.
34:57We are told he expects to resume his normal schedule next week.
35:00He and his family extend their deepest thanks to his medical team.
35:04When we get more news on that, it sounds like he's going to be okay.
35:07We'll share it with you.
35:08Major concerns across the island of Puerto Rico today.
35:16Here in Luquillo, we're just east of San Juan, where you're already looking at massive waves
35:21picking up.
35:22And that's just the beginning here, as we have sort of a break in the rain that's not
35:25expected to last long as Ernesto inches closer to the U.S. territory.
35:32Here's what we've seen so far, beaches across San Juan shut down.
35:35They've got those red flags up, warning swimmers and surfers of not only the rough surf, but
35:40those deadly rip currents.
35:42Governor Pedro Piedluce, he's already activated the National Guard, shut down schools, and
35:46asking everyone outside of essential workers to stay home, as they expect to feel the impacts
35:51start in just a matter of hours.
35:53The biggest concern, of course, is the island's fragile electric grid, one that is expected
35:59to go out.
36:00It's not a matter of if, but how long will those power outages last?
36:04So Puerto Ricans recognizing that have spent the last 48 hours or so gathering supplies
36:09like gas for their generators and bottled water, all things they expect to need not
36:14only during the storm, but in the several days and weeks afterwards, where those resources
36:18could really stay out.
36:20Now, the hope is that the worst of the storm stays offshore, but places like Vieques, a
36:26small island just off the coast of the mainland of Puerto Rico, are under hurricane watches
36:31tonight.
36:32Meanwhile, we expect to see the storm really ramp up tonight and stick around through Wednesday
36:35morning.
36:36All right, Nicole, please be safe through that.
36:40It looks like it's churning up as we speak.
36:42Nicole Valdes, Adam Klotz warned us about this.
36:46What are we likely to look at, Adam?
36:47Hey, Neil.
36:48We just got our 5 p.m. update from the National Hurricane Center, so we have the newest information
36:52here.
36:53This is where that storm currently sits.
36:55And we did see just a little bit of a turn in the tracks, though.
36:58Hurricane watches in the British Virgin Islands, just off towards the east of Puerto Rico,
37:01and the U.S. Virgin Islands.
37:03Puerto Rico itself remains in a tropical storm warning because the eye of the storm no longer
37:08forecast to move right over.
37:10However, it's going to be a very close pass, so still lots of rain and certainly see deteriorating
37:16conditions overnight tonight through tomorrow.
37:18We then see that storm lift back out over open water.
37:21It is going to greatly intensify at that point, so tropical storm overnight tonight through
37:25tomorrow morning.
37:26It gets back out over open water.
37:28You get to 110 miles an hour.
37:30That's a strong Category 2 hurricane, a weak Category 3, at least close to it anyways.
37:35And then you're going to be looking at Bermuda.
37:37This does not mean a direct hit, but Bermuda is in the potential path, which means it could
37:41see a direct hit.
37:42It could see at least some deteriorating conditions by the time you get into Friday night, Saturday
37:46morning.
37:47As you can tell, though, this storm path way off the coast of the United States, so rough
37:51seas along the United States, but we're not necessarily expecting any sort of landfall.
37:56Here's what you're looking at.
37:58As you get a little bit closer to the north, we're expecting deadly rip currents across
38:02area beaches in the mid-Atlantic, stretching up into New England.
38:05That's going to be the threat.
38:06And then maybe once you get into Maritime Canada, this storm ultimately moves that direction.
38:11This is still a long ways off, Neil.
38:13You're talking about heading into the weekend before you're getting anywhere close to this.
38:17So still a strong storm we're going to be watching tonight across Puerto Rico and then
38:21paying attention to as it gets closer to New England by the time you get into the weekend
38:26and early next week.
38:28But it's going to be a strong storm by then, but for a lot of folks up and down the coast,
38:31it's going to be OK.
38:32Neil.
38:33All right.
38:34Adam, thank you very much for following all of that.
38:37Now, a lot of people have been expecting, to Adam's point, that this would indeed be
38:40a very busy hurricane and storm period.
38:43But most of the busyness and the more severe storms tend to come in September, October.
38:47So it's not that all of that is denied, but may be delayed.
38:51But that is the usual time these things heat up, especially with the warmer waters.
38:55We're following that.