Wake of tragedy. Charles joe biden is there right now as we look at 2001 and why we came together back then and just why now we seem to be tearing ourselves apart, all that and so much more on making money. Charles its been a rough couple of weeks for the market which is obviously more vulnerable now than its been in months, on this solemn day for the nation, the stock market itself has to pass a big test, but, you know, the situation is the s p 500 has to hold above the 50 day moving average. I will say Technical Analysis is not an exact science, so a slight slip below is forgivable, but when it does hold, you know, historically it revives the sagging rallies and we get a big move to the upside. The question is of course what will the upside look like . Will investors seek out the same names that obviously before got too close to the sun or is it time to find new opportunities . Lets ask rob luna, ceo of a Financial Company and on the phone with us Capital Wealth Planning chief jeff [
President trump. We have live too capitol hill on the breaking stories and allstar panel. All that and much more on making money. [. Charles markets opened much lower. They began to slowly climb higher after fed chair Jerome Powell testified the Federal Reserve optimistic about the u. S. Economy. The fed likely keeping Interest Rates unchanged this coming months. The dow coming down moments ago, neil just mentioned this, on reports china talks hit a snag how large those foreign purchases will be. I want to go to edward lawrence. He is on capitol hill. With more on powells testimony. Edward . Reporter charles, Federal Reserve chairman Jerome Powell says Monetary Policy is in good place. He signaled there would not be a rate cut in december unless data comes in weaker than they thought. There were a lot of questions from representatives on the committee, about the federal funds rate if there is enough room to handle next downturn or recession. Historically they need five point to handle
Making money. Charles u. S. China trade talks resuming this week. All eyes on what if anything may come out of these meetings. Stocks were off, the dow off about 150 point. We pared that initially after Economic Advisor larry kudlow made these optimistic comment. Watch. Were opening to a number of ideas. Some pay be short term, some may be long term. It is essential that the structural issues we talked about for two years since ive been around, the ip theft, forced transfers of technology, the cyberspace hacking, espionage, trade tariffs, nontariff barriers, that stuff has got to get solved. Well see what they put on the table and anything is possible. Charles lets lets go to edwad lawrence some exclusive new details from the white house. Edward, your tweet moved this market. Reporter no i dont know about that but there is favorable goodwill felt in the atmosphere right now. Right now the deputy level delegations went back into a meeting. They broke for lunch. They went 30 minutes ago
I had the privilege of introducing the winner of this year henry and Anne Cote Taylor prize for the conservative book of the year. This years winner is dr. Daniel mahoney for his book the statesman as thinker portraits of greatness, courage, and moderation. [applause] dans book strikes a perfect name for introducing a new generation to some of the greatest thinkers and statesmen in history from cicero to de tocqueville Abraham Lincoln and Winston Churchill Charles Degaulle and many more and it exemplifies how one can combine action through the virtue of prudence especially amid very difficult circumstances. Dan has been involved with isi for decadesca and hes taught in the Honors Program for over 15 years and has published three books with isi in addition to riding regularly for modern age and lecturing on College Campuses across the country. He is the emeritus at the Claremont Institute and senior rider at l 30 and he received his. A ta from the college of hoy cross and his m. A. And
The republican nomination. Hunter biden basically said everything were doing is about my fathers last name. Value he brought to the Business Operation they were involved in was the biden brand, powerful political figure in d. C. Bidens ban on a certain light bulb is officially in effect. They are forcing you to do it how can you dictate what we do. It bans the sale of all new incandescent bulbs in favor of more energy friendly alternatives. Massive heat wave keeping a grip on the south this week. Threatening to set new record highs. Im use used to it. And there is no relief in sight with forecasters expecting august to bring more heat. With the Mega Millions lottery over A Billion Dollars. The dreams of winning our big. These are the wins. While they are still in line. I have never won anything in my life. About time. This is the part when i say i dont want to im stronger than this is the part [applause] ainsley we decided to take this show out here on the fox square. The melting pot,