All that and much more on making money. Charles an indifferent session became one of high anxiety and selling. There is debate what is impacting the market most. First the World Health Organization held the coronavirus update, noting that iran finally reported numbers of those infected including two deaths. The doctor portrayed a race against time arguing the window of opportunity to contain the virus remains open. He urged everyone not to squander the chance to arrest this situation also noting that the window may close. That coupled with reports that u. S. Hospitals are gearing up for a pandemic triggered the selling. Then there were also comments from fed vice chairman Richard Claire reed today, who threw cold water on potential fed rate cuts this year, noting that the u. S. Economy is strong and in his opinion most Market Participants dont expect rate cuts this year. Weve got some major Market Participants who will weigh in on that. Meanwhile the selling is swift and has since stab
Lows fausting with a relief after more than 1hundred points lost in just two days. Investors are getting back into this market and theyre bargain hunting because the bottom line, yes, there is fear about the coronavirus but no one really knows what is going to happen. Weve seen a page from this kind of playbook before. Markets do tend to claw their way back. When ebola was a threat of july 2014 to march of 2016, there was a lot of volatility but the dow only lost half a percent overall. For sars, november 2002 to july 2003 the dow gained. From september 2001 to october october 2002 the dow lost a little more than 17 . You look at history, get a sense how investors reacted to all kind of different events, ebola, sars cases, they say that they tend to be blips, not events that define the market. Major corona headlines breaking today, the cdc confirming 14 cases of coronavirus and a u. S. Soldier in south korea testing positive as well. That is not to say this isnt something to worry abou
Now, they say they have a little more than 102 million in the bank. We begin here with trump 2020 Communications Director tim murtagh on the money raise. Happy new year to you. Happy new year to you, blake. Blake those are big numbers. You guys reported 46 million in q4. 143 million raised for the year. A little more than 100 million in the bank. Those are big numbers. This is the most amount of money a president ial Election Campaign in history. 142 million. More than george w. Bush or barack obama, preceding their elections. That is a big number. That is the most important number. We have 102. 7 million in the bank. Blake essentially a profits of a is about. You bring in fundraising. Spend stuff on rallies and events Going Forward. What will you use it on then . Beauty, the money were talking about in the Fourth Quarter, the cash on hand, this is not even to count what the rnc raised as well. When those numbers come out for the Fourth Quarter, you will see a really, truly, jawdroppin
Pot is on sale in illinois the ceo of a cannibas company will join us power lunch starts right now welcome to power lunch on this first thursday of the new year check out all three of the major indices here the dow up about 200 points with the highs up. 63 . The nasdaq composite up three fourth the russell the outlier in the red. This is the semiconductor jumping 1 its having its best day since december 12th. Well have more on that later. Can this rally keep going in 2020 bob is at the New York Stock Exchange looking at the challenges that lay ahead. The important thing is were here but the question is can we sustain it here in 2020. I want to show you how Different Things were compared to this period last year first off, january 1st the market was pricing in an earnings recession stocks were cheap the recession didnt happen. The economy is still strong but stocks have gotten expensive 18 times forward earnings. Thats way above normal. The issue is whether we can return to earnings gro
Antibullying now responding to President Trumps comments on teenage Climate Change activist Greta Thunberg. The white house defends this morning. New details on the deadly shooting at the Pensacola Naval air station. The fbi uncovering chilling new information this morning. What the accused gunman posted on a social media account and how many rounds of ammo he fired before he was taken down. And hacking horrors. The chilling invasion of privacy. Surveillance cameras taking over. Strangers peering into your living room, talking to your children. No, put me down. Put me down. I have feelings. Live streaming your life. The online trend that could be behind these recent cases. Well tell you how to protect yourself right here this morning. And good morning. We have new developments on the impeachment front but we begin with a pair of developing weather stories. Two major storms were tracking, one on each coast. In the east there are weather hazards all the way up through new england includi