Political price to pay. President trump also getting down to business while he prepares his plan to address the issue of racism, policing, and the evolving opinions of america. What should we expect to hear from him . I have one of his top advisors coming right up. All that and so much more on making money. Charles i want to begin the show with the notion of always having to assign a reason to every move in the market beyond the idea of more buyers or sellers or more sellers than buyers. What makes this happen is sometimes pretty obvious what makes the market go around but sometimes it is a mystery. But its also reported as fact as the Financial Media is typically echoing the same talking points, but those talking points are often generated somewhere and often have nothing to do with fact or even honest opinion. Yesterday i got to admit, i was livid at the notion that the market sold off on a quote unquote spike of covid19 cases. The so called spike wasnt even close to numbers in recen
Well, instead employees are feeling overworked and burnt out. We will tell you what some companies are doing try to fix that. All that and so much more on making money. Stocks off session lows right now. This after as President Trump and the Coronavirus Task force in the midst of giving an update on covid19 cases still going down nationwide and, you know what . For the market itself, this is a typical consolidation ahead of a threeday weekend, but investment themes are beginning to emerge that i want and cant wait to discuss with the experts including the ceo of Wealth Management, which is a Ci Financial Company rob luna and Wealth Management cio and fox business contributor scott martin. Scott, homebuilders i think they are acting great. Demand is going through the roof for people who want to move out of the expensive cities. What stocks do you like . Well, as somebody thats maybe considering that too, charles, yes, however i dont want to kind of spike the party punch here on the home
Global supplies, chip supplies rather to huawei, this as taiwans Semiconductor Announces plans to build a plant in arizona. China sending signals in retaliation that has this market on edge. Is it a bluff . We will get the read from michael pillsbury. Also, Human Behaviors on a crash course with social distancing. I will explain why. All that and so much more on making money. Now in the green. The cp effect has started. Welcome back. Its been another eventful week for the market. One of the things were seeing is caught of tugofwar between commentary and observation versus realtime news and anecdotes. The financials got crushed on wednesday, after the Federal Reserve chairman powell offered a dire warning about the economy, more specifically the american consumer. Credit Card Companies were especially slammed. But then after the close on wednesday, mastercard updated its operating metrics. They show a sharp improvement year over year transactions. Every single week for the past four wee
Infections soar at Meat Processing plants across this country, many are wondering will we face a meat shortage soon . All that and so much more on making money. Charles a major read on consumers out this morning not only did the final read for consumers sentiment in april come in better than expected, but it confirms the idea that americans see better days ahead. The read on Current Conditions declined more than 29 . Down more than 40 in the past two months. And then you look at that juxtaposing it for the read for how we see the economy in six months, only down 12 , 22 in two months, it is pretty clear that the consumers and the stock market are banking on this economy reopening soon and the coronavirus continuing to flatten. Many are wondering, though, has the market still come too far too fast . And are consumers and investors being too optimistic . I want to bring in two of the best to discuss this, Wealth Management cio and fox business contributor scott martin, chief investment s
What i think we ought to do as we go into the march meeting and, obviously, in subsequent meetings this year. Charles now, there has been some intriguing action despite what you see in the overall market. Hardhit stocks finding buyers as the coronavirus stocks are actually giving up gains. And then, of course, mixed signals from the socalled safe havennings. Also the crisis deepens around the world, the number just keeps getting higher and higher, the number of countries with confirmed cases topping 50 and that includes mexico. However, the global rates for a vaccine is offering greater hope, and in the Business World we have amazon thats asking all of its employees to defer nonessential travel including in the United States, and just moments ago that google is banning employees from traveling to south korea or japan after one of their employees in zurich reportedly tested positive. Back here at home, california has become the epicenter of the virus with more than half of the confirmed