Good evening. The show begins again debating the Federal Reserve.

A soft consumer number retail sales suggests that we're slowing down the revision from April down.

2 and a disappointing May.

However, the Federal Reserve waits and watches,

maybe one cut, Goldman Sachs says two, some outsiders say three. The market looks to

have priced this in but is waiting for evidence. What does this have to do with the

election? Very little other than the fact that we're moving

in a direction that suggests disappointment. Disappointment in the markets because the Fed's not

following through on its promise for three cuts.

Disappointed in the consumer class because it's no longer able to shop.

Move on to Europe in revolt. All the major countries, all 27 members of the EU are unhappy with the EU vote results.

Chiefly, Georgia Maloney is expressing her distaste for the fact that the same old gang are meeting

secretly to pick a European Commission president, not bringing in or recognizing that the so-called right in Europe is rising and did very well

in the elections.

It's a transition moment.

On to France and Germany, talk with Judy Dempsey. France and Germany are weak and adrift.

McCone called a special election a snap election in hopes that it would revive his prospects for the last two or three years of his presidency.

However, Maureen La Penn is now campaigning to be president at the next general election

and to make her party extremely powerful in the Parliament

legislature, assembly that comes from the vote on June 30th and July 7th. France and Germany are much in the news these days

because they seem adrift. Mary Kistle joins. The voters want to change on immigration. They want to change on green technology.

They want to change on war in Ukraine. The question is asked by the right wing. What's Ukraine to us?

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