Woke hypocrisy . That and much more on making money. Charles all right, folks here is what i think are three main reasons for todays steep sell i dont have. Stocks got too expensive, short term, bottom line. Last week we saw the stock market put it in the best 50day rally in it history. Guess what . It only got stronger. It got parabolic. That is chance that weve seen best 60 days ever and pullback was way overdue. Second, the Federal Reserve refused to lay out concrete ideas how they provide extra hope to prolong the recovery. Wall street wanted more about bending that yield curve. Third, investors are waiting to see how much cash begins to circulate in it economy. I want to bring in two of my favorites, wallser, rebecca wallser and keith fitzgerald, principle his group. Keith, before you start, from march 23rd to the peak this week, s p was up 45 , dow up 47 and nasdaq up 46 . I like to remind people occasionally markets go down. Thats the thing. They stink. Theyre uncomfortable. Its
Governor andrew cuomo ultimately calls the shots. Looks like that could be pushed back. Governor cuomo speaking to the press, noted a lost spikes in cases happen particularly in states that opened up Indoor Dining too soon. No way to verify that. The fact he wants to be cautious about that at same time he is ripping federal government response on all of this, is obviously going to get a response from president of the United States either with a tweet or something, later on. He has full throttle criticizes the federal government minimizing the entire coronavirus situation. Others middle east disagree with that. We should also say that is the latest period on june 28th. Eight deaths reported in new york state. We should emphasize that is record low number and is down substantially from the 800 daily highs we were seeing in march and april, it is still a stubborn trend that remains as do hospitalizations also going down here. The number of new cases is an issue that has come up again and
Ppp money that he took . And, of course, today juneteenth, and the calls are louder than ever to make it a national hospital. What i think this means for our nation. All that and so much more on making money. Request. Charles so this week has seen extraordinarily light volume, a negative breadth which has been masked by these innocuous closes, right . Down days nothing dramatic. Now, one dilemma i think particularly for Institutional Investors is getting forward guy dance right and valuations. Its certainly understated right now that earnings are going to be a lot better than official wall street estimates. Now, in a different environment the current valuations would certainly be a major deterrent. Many old school investors are hesitating. One thing are these yields across the board on stocks, bonds and other investment instruments. Is so more than likely the catalyst to sort of get them off the sidelines and that big money into this market would be higher markets. Of course, the highe
Congratulations, youre going to Super Bowl Lv and the nfl. Todd a supersurprise, the healthcare heros ticket to sundays super bowl, one of those lucky and well deserving nurses joins us live. Fox and friends first continues. I will not fight jillian you think this would be on rob grahn kautskys playlist. Todd every single one of his play lists, we have seen it. Lets clarify, thank you for clarifying, we dont want let us. The entire time he was here he had a smile. Jillian to protect so much todd your watching Fox And Friends First on wednesday morning. Jillian President Biden signing Executive Orders on immigration to reverse former president trumps policies. Todd the president defend the Record Number of Executive Orders and actions. Reporter maybe this should be the theme song for the white house, the president s blitz keeps rolling. President biden setting a record with a total of 47 Executive Orders and actions, the focus was immigration, a task force for Family Reunification and r
Spoke of the wind and what it has been like to stand out there and to wait for the departure of Officer Sicknick and all the people can see represented in the high numbers of Law Enforcement, fbi agents and all those who support the u. S. Capitol police as well, who support our Law Enforcement, are outside the capitol. I understand Griff Jenkins is still with me. Youre in position to better be able to see this. Tell us whats happening. Reporter well, harris, right now were just watching these hundreds of u. S. Capitol Police Officers who have been standing firmly in the cold, in the wind, at attention for the last 30 minutes or so honoring their colleague and friend Brian Sicknick. The family here really has been a touching moment. They put out a statement saying they essentially thanked the capitol and congressional leadership for bestowing a historic honor on their fallen hero, saying their personal tragedy and loss is shared by our nation, brings hope for healing. Such a powerful me