Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery of the economy. Back and forthd among three parties. The president of the United States, the Senate Republicans come in nancy pelosi. Hard to know where we are going. How big thef packages, there is a sense of whether it needs to be targeted or general. Can we if it does not address broad state assistance . Michael i think getting anything is better than getting nothing, for sure. Even if it were targeted on specific sectors like airline and maybe Small Business, that is better than doing nothi
Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help from molson coors well talk to the ceo of molson coors exclusively about this partnership and more lets get to the big stories 59 minutes of trade. Mike santoli tracking Market Action as stocks look to close out september with a bang. Meg tirrell with headlines around moderna and leslie with the latest on palantirs review. The market, whats driving it . Sara, a lot of things blowing around in the market, quarter end, reaction to the debate, pretty good economic numbers but also in the context of a
The Political Panel weighs in on that plus a new poll showing a real conundrum for voters in the story that blew me away, we will introduce you to a 15yearold business owner, a 15yearold business owner. All that and so much more on making money. Charles washington spending trillions of dollars again to help the economy, a lot of the economy has already come worrying back and in the process the rich have gotten even richer, everyone else seems to get more better and moreover blaming capitalism saying it did not curve the debt and come up with solution needed in the age of coronavirus. Affords headline says capitalism is failing us just when we need it most. In ap news headline, from the pope, marking capitalism has failed and pandemics means reform. Many of the critics of capitalism have never been fans but the jobs disappearing in 2020 is giving them a much bigger soapbox, is capitalism fading and how does the narrative change, lets ask a champion of capitalism, steve moore, they are c
Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth
China the stock set to add 100 points to the dow in todays session. There is a countdown to election day 41 days to go, former Vice President joe biden heading to North Carolina today, meanwhile President Trump also getting ready to announce his pick for Justice Ginsburg Supreme Court seat, democrats threatening for pack the court if it is filled before election day. Justice ginsburg will lie in her pose at the Supreme Court building and then on friday she will become the first women in history to lie in state at the u. S. Capitol building, also happening on capitol hill, dr. Fauci will testify before the senate at 10 00 a. M. Eastern and Jerome Powell will testify before the house select subcommittee on the pandemic. And the president expected to speak to veterans and their love and a coward. It is a live action show today and Varney Company starts right now. With your help, your devotion and your drive, we will keep on working, we are going to keep on fighting and we are going to kee