The pain. He is here along with senator mike braun. China is firing back as the cold war between the two countries heat up but i continue to ask this one question. Is this big business silence same thing as collaborating with the enemy . Will big business join the fight . We have blockbuster panel to weigh in that. All and much more on making money. [. Charles its a down day for the markets which was not overdue, not sparking any real alarm. The rebound moved from erasing 20 20s losses to try to distance the fastest bear market in the history, now to the point where you want to broaden out winners if we are to keep this rally going. There are sufficient reasons for concern and near term valuation, coronavirus, long term growing debt and u. S. President ial elections but i got to tell you the s p and nasdaq higher for the year. The question will the dow join them soon . I have Fitzgerald Group principle, keith fitzgerald, David Nicholas and point view Wealth Management david dietze. I w
Independents and others, that is 2027488003. If you send us a text would like. That is 2027488003. On twitter, we are cspanwj. And on facebook, post your thoughts, facebook. Com cspan. We will get to some of the comments of Speaker Pelosi, use cnnannouncement on a townhall. And also hear from the response from President Trump. Ll. Com. Rollca members prepare to work over the weekend. Judiciary democrats have been stay in washington over the weekend for impeachment strategy sessions. As well as a presentation for its own counsel, members were not clear what the judiciary counsel would be presenting. We will have that hearing for you live on cspan monday morning at 9 00 a. M. Eastern. Live coverage on cspan and. Span radio we will hear from Speaker Pelosi on cnns townhall last night asked by jake tapper a number of questions about impeachment and her decision to move forward with articles of impeachment. Here is one of them. [video clip] you wake up and exit polls show impeaching Preside
This is making money. Breaking right now lots of confusion and anger in todays session. Major indices holding up despite the superhot ppi number and a big miss from home depot but wall street elites are really cursing the move in meme stocks. Not again plus this hot stocks that are benefiting from the baby boom spending. By the way that is not going to stop. You might as well ride the train. We have congressman Burgess Owens with us. He will explain what theyre trying to do to lower the cost of college. Unfortunately theyre getting a lot of opposition from a lot of folks who were the architects of this spike in the first place. My take on china, playing President Biden like a fiddle. All that and so much more on making money. Evolution, revolution, rocket to the moon politicians say more taxes. Stop everything. And the band played on. Charles everybody remembers that great line from the temptations, ball of confusion. I got to tell you, it really seems appropriate for todays session. T
The desk. Adp was weak. Yields came down a bit. How do you see things here . J. O. L. T. S. Strong, adp weak, the ten year at 4. 88. A reprieve at 4. 70. Its rates, rates, rates. If rates come down youll see names like tesla go up, some utilities will go up, youll see the stocks that have been the most beaten down move higher. I think, though, we have to settle in that although were not going to get this parabolic move weve seen continue to go higher that now, though, the ten year ceiling was 4. 25. That is now the floor. Now i think were going to bump along and that will be challenging longer term for the market. But right now it looks like a good old bounce. Lots of folks, joe, watching the yield curve including jeffrey gundlach. Should put everyone on recession watch, not just a recession warning not just recession watch. If the Unemployment Rate ticks up it will be an alert. Do you want to opine on that as we are transfixed by the bond market . The exact place within the market. In
If you feel00 optimistic. At 202 7848001 if you are pessimistic. It you can also weigh in on social media. And you canitter reach us on facebook as well. Again, black friday. Where is the economy . As you go out today, 80 you will be one of the many who pick up a flatscreen tv. Streetalks, the wall tunnel joined at the hip nafta and cheap tvs. One of the biggest casualties of the trade scuffle between mexico and the u. S. Is one of the most consumer products, a cheap flatpanel Television Set. Every year, consumers by more than 40 million tvs and they are assembled in mexico. Just to give you a graphic of the spike in Television Set sales under nafta, the decline in price first of all of a 55 underv up near 6,000 now 1000 in many cases in 2017. The market share is rising as well. Your views on the economy. If you are optimistic, 202 7488000. If you are pessimistic 202 7848001. This is part of the conversation on trade, on tax reform when the Senate Returns next week. This is the front p