Markets finished near session high, momentum continues, yesterday renewed talks between top lawmakers sent dow 222 points. House Speaker Nancy Pelosi ruling out bailout for the Airline Industry. Mostly higher. The storm restrengthening overnight as it can become category 3 before making landfall in the gulf coast. The ballot debate. Biggest worry voters had this morning. And the winner of the 2020 nobel peace prized announce an hour ago, awarded to un president , donald trump was one of the nominees. Mornings with maria begins right now. European markets also higher, take a look, the cac quarante up 21. Dax index is lower, down a point. Mixed story in asia, best performer china after being closed for 3dayday. Top stories that we are watching this morning. President trump says hes feeling great and might return to the campaign trail as early as tomorrow. The president telling me he may hold a rally in florida if he gets the all clear from doctors, hes expected to take another covid test
And we have executives at davos falling over themselves to take action against Climate Change, something that will hurt their earnings per share even if it may save the environment. Yet, none of that seemed to matter until midday and then ultimately, the dow dropped 152 points s p. After we learned that the coronavirus has reached our stores and boeing told us that the 737 max wont resume service until june or july causing its stock to crumble and taking the average down with it. The coronavirus is precisely the kind of outbreak that would have decked any other market right from the opening i mean, really cause it to plummet. And then what would happen is it wouldnt get off from the canvas it would stay down but this market was able to hang in there until that onetwo punch this afternoon well, this hasnt resulted in huge number of fatalities, at least not yet. The fact that respiratory viruss like this one are incredibly difficult to contain should play a role here. So far, it seems le
He wants pelosi to cancel the august recess of the he will explain why. All that, so much more on making money. So the economy grew at 2. 1 in the Second Quarter. That was well above official estimates at one point. The question is the driver . The answer is allmighty american consumers, flush with better jobs, higher wages, robust confidence, in fact the president tweeting, q2 up 2. 1 , not bad because we have the heavyweight of the Federal Reserve anchor wrapped around our neck. Almost no inflation. Usa is set to zoom. Lets bring in moodys managing director, chief economist, john lonski, Fox News Contributor liz peek, manpower group, becky frankowitz. What do you make of it . The highlight was gain by real Consumer Spending up 4 1 2 . It probably wont continue. As you stated earlier, not only the u. S. Economy, the World Economy owes a deep sense of gratitude to the american consumer. I dont think well see Consumer Spending contract in a man theyre might bring about the nearness of a
they take in the case directly to voters and they are going that they are the best parties hope for the future and for retaking the white house. we have to bring common sense back into the country. from one point thing is i am a person with common sense. and so are the people in this room and our country needs common sense back in leadership. i m running for president because i don t think there s a client of our is inevitable, we have it in our power to choose a better path. a path is going to lead to the revival of this country and a restoration of american greatness. dana: at least ace presidential hopefuls will be it therefore the ammo roasted right what is that? what is going to get pretty busy here i think barbecue and harleys in fund-raising and all sorts of other fun stuff at the iowa fairgrounds here in des moines, the two republicans in the top of primary polls they ve been coming to iowa over the last few days. in the former president donald trump, he wra
They are not valued relative to the Interest Rates. Whats happened in the markets has been very sensible nobody thought wed have these kinds of Interest Rates for a long time. Additionally you have the tax act which is a huge factor in valuation. All right so kevin oleary, theres buffet today on the Network Stocks arent too expensive, echos what tepper told me last week, what weve heard, from you know, gary cohn out of the white house and others are they right i think the most interesting aspect what have buffet said was youre getting 14 to 15 given back to you from the government to an American Company shareholders now, he was being specific to Domestic Companies that have all of the revenues here, by find that intriguing. The other thing he didnt speak to, which he never really speaks a lot of is if youre getting 3 trillion back domestically, what percentage that have is going to buy back stocks in the next two years that has me fascinated. When people ask why is there no vol and why