This is making money. Breaking right now, stocks continue to succumb to the summer doldrums. At one point should you start to worry . Pull up a seat. Weve got guidance for you. In fact some of the best in the business. Dan niles is on deck. Cameron dawson is on deck. You will get a bonus today. You will learn what a duck market is. Danielle dimartino booth is in studio where the fed goes from here. President biden celebrating the First Anniversary of the inflation reduction act. Theyre shifting to pravda mode to sell the product. We have homeless crisis and death crisis. It is awful. Former hud secretary ben carson is here at 2 50. Millenials have legitimate beefs but they may not like my answers when nothing is cheap anymore. All that and more on making money. Charles all right, so the market dealing with summer doldrums. Investors kind of hoping though, this recent weakness is just a seasonal thing. What is interesting is that professional investors, right, here in the yellow, are st
The freak. [laughter] thanks a a lot. Have a great weekend. Good afternoon, everyone, im charles payne, this is making money. Breaking right nowing stocks mostly drifting, right . Sort of mixed economic data. A lot of confusion on the true state of the economy. Look, inflations hanging tough which means the fed is still lingering around, and as long as the feds casting a shadow on this market, by the way, many are saying dont write off of a recession just yet either. And for once im agreeing with joe biden, chinas economy is a ticking time bomb which makes them a ticking time bomb. But the question is, what are we going to do about it . Speaking of big, the big guy has got some other problems. Moments ago attorney general garland are finally appointing a special counsel to the hunter biden investigation. But its not everything it looks like it could be. David webbs got some serious issues with it. Hell explain it at 2 40. And then my takeaway on the constant putting down of the socalle
Good afternoon, everyone, im charles payne. Im back in new york. This is making money. Breaking right now investors breathing a sigh of relief after this mornings cpi report. The market is rangebound between a major breakout point and critical support. Questions remain about the health of the economy. Where recession is. Talk of another inflation spike. Bottom line, none of that is out of the equation yet. On main street the big question when will Campbell Soup prices stop going up . Here is comes, folks, gasoline prices that might be the thing that upends the Household Budgets and the president ial election. Chinas economic boom has become a bust. Sew what does this mean . Could we see deflation imported to america . Plus the slow dismantling of esg which has been and investing disaster, poised also to become a manmade disaster if something isnt done. My take on that later in the show. In fact all that and so much more on making money. Charles all right, so you saw when the number hit
Your equity market slightly negative on the s p 500 for the second or third time this week, waking up and looking at china. To the data and commentary around that economy right now. New loans extended on chinese banks ranging to the lowest since 2009, there are concerns about what is developing in the worlds secondlargest economy. Tom you look at the income statement dynamics and the Balance Sheet statement dynamics. I agree. I believe i mentioned this the day before. The flows on the Balance Sheet in and out are what matter. This is fbi from us to them off a cliff from them to us. Maybe not a cliff, but it is down. Jonathan the data dropped in the last hour. The response clear from many on the south side. Stop gin weighing in. We will see. We have not seen it. Lisa what kind of stimulus when they are concerned about debt load in local governments . If they want to move away from leverage and create a more sustainable economy, how do they stimulate the economy where you look at these l
With cold water at moodys which reminds everyone the banking crisis, dont count it out next. That is not stopping the expert, experts are piling on the soft landing camp. Im roots to for jay powell and company but im rooting too many folks on on the street are on te bandwagon. We have some of the best in the business that will share their thoughts to break it down for you. Well unpack the role of seasonality and sentiment. What it means for markets. This is uncanny how much it can help you in your investing. President biden pushing his green agenda during this hour. My takeaway from ramming this down our throats. My guest Nancy Tengler debuts her new etf. All that and so much more on making money. Charles so a casual observer with the stock market would be forgiven comparing investors to minions. Think about this. Extremely worried and afraid one day. Cheerful ecstatic the next. The wall street emotions are running on even wider, wilder roller coaster. This pendulum has swung to a craz