This is 19yearold. Thats my son. You know. I love him. That was my son. You know. Charles emotional father speaks out about the loss of his son as the experiment in anarchy was terribly wrong. We have a big show for you today on making money. Charles all right, folks. Stocking jumping big time after a monster record breaking june jobs report. Get this, 4. 8 million jobs added drooping unemployment level to 11 . President trump commenting on one of the highlights in todays report i would like to focus on, manufacturing. Manufacturing looks like it is ready to take off at a level it has never been before. A lot of that has to do with trade policy were bringing manufacturing back to our country. He is taking a long time to get going and theyre now going. So these are historic numbers. Im really happy when i see 356,000 manufacturing jobs. That is just a small number compared to what it will be soon compared to our great trade deals. Charles lets bring in Fitzgerald Group principle, keith
F150. Impact of the americas favorite pickup truck and i will ask lauren fix about all of that and so much more on making money. Charles the market actually looking for some equalibrium today, folks after yesterdays drubbing. The signs that the about bounce run out of steam has been coming off for some time. In fact the glaring problem has been really broadening out the leadership, right . I talked about it a lot on the show. We need more stocks, more sectors to participate. Maybe financials will finally do that. Maybe they live up to the hype. They have been strong all session long ahead of the fed stress test. Those results after the close. The other glaring problem, how much of an uptick in coronavirus cases will stall the reopening of the economy. Now today both disneyland and texas hitting the pause button. Investors learned to live with pullbacks, corrections, even market crashes but how do you invest and make money when the overall economy is simply not 100 strength . I want to
General just moments ago upping the charges against Derek Chauvin now to seconddegree murder. The question will the others be charged with aiding and abetting . Were still awaiting that. George floyds death, the nation aweakening to the role Corporate America will play when it comes to leveling the Playing Field for all of our citizens. All that and so much more on making money. Charles all right, folks, the stock market rebound continues as buying spreading to more sectors tied to economic growth. More over, there are so many positive signs. There is a steepening yield curve, weaker dollar. I want to get the read from gary kaltbaum, kaltbaum Capital Management president and Fox News Contributor, Wealth Management and phil orlando. The rally is looking impressive but the fundamentals under it, are Getting Better . For the last three weeks we talk about the fact, all three areas, 85 of the market left for dead was bottoming, and now theyre doing a stair step upward, led by financials, l
Going to prosecute. The governor calls these businesses selfish. President trump goes to pennsylvania on thursday and later on this program, we will have numbers from businesses in states that have allowed a partial reopening and ill tell you now, business is good. Moments from now, we have Shelly Luther with us. Shes the salon owner who went to jail for opening early, an American Hero on this program today. One hour from now, dr. Anthony fauci begins his virtual testimony before congress. Reportedly, he will say opening too early means needless suffering and death. The democrats will try to drive a wedge between dr. Fauci and the president. We will have, by the way, the latest on the explosive revelations coming out about what president obama was doing to instigate and set off the russia collusion mess. Turns out joe biden was in the key meeting. He was asked about it this morning. He did not have convincing answers. The status of joe bidens candidacy, the markets stunning recovery, o
President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast from jpmorgan. They suggest that gdp could fall 40 this quarter and unemployment could reach 20 . Now, that is a dire prediction. Check out the price of oil. The u. S. , russia, saudi arabia and other Oil Producers have announced an agreement that would take 9. 7 Million Barrels of oil a day off the world market. However, that has had very little impact. It may put a floor under the price of oil b