Football surging covid cases across the country overwhelming hospitals. Theyre exhausted weve been going at this for nine months now. The struggling frontline workers and the people most at risk live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. We begin tonight with hope, a Silver Lining even as another wave of covid sweeps across our nation and big business and small brace for the fallout. There is a new and promising sign for our economy as we head into the weekend the numbers are in, and they show americans are spending. Retail sales up sharply last month. We just got the numbers today. More than doubling the expectations shoppers spending big on clothes and accessories, up 11 . Music and book sales jumped nearly 6 . Car sales up more than 3. 5 . Thats all good. And now the big test Small Businesses and Big Box Stores are heading into a make or break Holiday Season, with the virus bare bearing down now and no relief from washing
It is coming tomorrow and its got major implications for the fed and the markets and the rally. Your job and our job tonight is clear. What is the best move ahead of this release . What do you think . You have to define, whats a good number and whats a bad number. I think if you got something over 200,000, probably the markets say there is going to be a hike in september or start on that. What i would do is i would be buying bonds, tlt. They come off a little bit. Here is the reason why, that ism number was terrible. We are in contraction mode on that. Autos, weak again, maybe it is a plateau but certainly not growing anymore. The size of the economy is growing over and getting slower, could mean that in the feds heighten over the summer, on tlt, you buy tlt. On your view, no matter what happens with the feds, whether they raise or dont raise, it is a winwin. Everything is great for tlt. Yes. Based on how it is set up. Clerly thearly there must be scenario where it is not good. You hav
In office, tweeting about the Campaign Style rally in harrisburg. Some big excitement there last night in the great state of pennsylvania. A fantastic crowd of people. Make America Great again. Then on to the democrats without a leader have become the party of obstruction. They are only interested in themselves and not in whats best for us. And then finally, health care, you cant compare anything to obamacare, because its dead. Democrats want millions to go to Insurance Companies and new Health Care Plan is on its way. Well have much lower premiums and deductibles and taking care of preexisting conditions. Lets go to Kelly Odonnell at the white house. It was a busy morning for her. It was going to be an Early Morning of tweets a and we got some of that. Lets look forward, apparently hes looking at the 101st and 102nd. Absolutely. The punch line from hasan minhaj is tweeting at 3 00 a. M. , well, i think it began at the 8 00 hour that we noticed that the prent was back on twitter. Looki