Jillian star quarterback, Patrick M Aholmes and tom brady going head to head, Fox And Friends First starts right now. But i love it todd a couple times. One, we are about to go into the weekend. Seconds. He is going to be the performer at Super Bowl Lv. Jillian ive not paid any attention to the Halftime Show in a while. I am wearing the colors. Todd cant put anything past me at 4 0 one. You are watching Fox And Friends First Kicking Off Super Bowl weekend. I will do that all morning. Jillian overnight votearama, and hours long session on a critical measure that could pave the way for President Bidens relief package. Todd Griff Jenkins live in washington with the breakdown of the marathon voting process. Reporter happy friday. Lets bring the live shot of the senate floor. What you are watching here is a time honored tradition of the Reconciliation Process where the Minority Party gives the Majority Party to indoor and this amendments, all my lawn, no end insight and put senators on the
Policy. When we host the summit of democracy early in my administration, to rally the nation, to defend democracy globally, to push back the authoritarianism, it will be more important to shore up our own foundations. Theres no longer a bright line between foreign and domestic policy. Every action we take and our conduct abroad, we must take with american Working Families in mind. Advancing the Foreign Policy for the middle class has to center on economic renewal. Thats why i immediately put forth the American Rescue plan. Pull us out of this economic crisis. Thats why i signed an Executive Order strengthening our buy american policies last week. Its also why i worked with congress to make farreaching investments in research and development of trans formidable technologies. These investments will maintain jobs and ensure all americans share in the dividends. If we invest in ourselves and our people, if we fight to ensure American Business is our position to compete and win on the globa
Mitigation plans in our schools, that was, until the ctu blew up that success and created chaos that we are now enduring. We waited for hours last night. Hours, and still did not receive a proposal from the Chicago Teachers Union leadership and as of this morning, we are still waiting. But to be clear, not patiently, not anymore. We are failing those children by not giving them the option to return to school. Failing grades, depression, isolation, and so much more. My patience for delays from ctu leadership is over. Jesse San Francisco has had enough as well be at the situation is a ridiculous that the city is now suing its own Public School district to get classrooms reopened. Where is joe biden in the Democratic Party for all of this . Why isnt he backing up local leaders in San Francisco with mayor lightfoot . Michael bloomberg seems to have an idea why. He is telling the president , grow a backbone. Its time for joe biden to stand up and say that kids are the most important things.
Michele. This is one of the most difficult things to accept, that this market does not have to reflect what is going on in this economy. Can you speak to that . Bob i can speak to that because im in the bond market and it is reflecting perfectly what is going on. We just printed 33 gdp. There is a giant hole that we think will take 10 years to fill the output gap that has been created. The fed is telling us for a long period of time they will keep rates at zero because they have to bring the cost of funding down across the system so that any kind of recovery takes hold. Slowly, Bond Investors are recognizing that, and that has emboldened them to move further up the curve both in terms of duration and lower in credit quality. Jonathan we have had conversations about market distortions. The equity market, Big Tech Companies dominating the benchmarks in the u. S. What is the cleanest trade in fixed income to play an economy that would take 10 years to fully recover . Bob there are two cle
Not his first or last. He will share his story on making money. Charles so before we even start with todays session i want to glance back to friday in the market. We saw a rollercoaster. It was all about news out of d. C. , right . Remember it looked Like Congress would throw in the towel on any additional fiscal help. The rally faded big time. Then came word talks would continue over the weekend and the market actually soared. For me the most important part of that session was the volume. It was highest day of volume in the entire month of july. It was on a up day. That is a huge buy signal in my opinion. Want to bring in Disruptive Tech research founder, lou, moneymap press, their chief strategist, shah galani and erin gibbs of gibbs wealth management. Shah, your thoughts on this market. It is breaking out. The volume is getting stronger. I think that is the ultimate buy signal. Youre absolutely right and it was the buy signal coming off the lows in march. What people miss is that th