Now. Elizabeth thank you so much for joining us. Joining us now, former speaker of the house and New York Times best selling author of the great new book march to the majority the real story of of the republican revolution, newt gingrich. Lets get your reaction to Governor Katie Hobbs saying arizona should deliver a possible fifth indictment against former President Trump in what do you think . Well, i mean, she can say it all she wants to, the fact is all these indictments are about politics, not a single one of them is about the law. And i think the public understands that. The last i saw yesterday trump is now at 60 support for the nomination. He will probably become the republican nominee on the 6th of march after the california primary. And all the democrats are doing right now particularly with the9 biden problems is theyre proving what total hypocrites they are, that this is not about the law. This is about politics, this is a form of warfare against the person most likely to wi
Welcome to jack in the box tonight, an emotional welcome home for a bay area doctor who spent five weeks overseas treating patients in the war torn gaza strip. I would have never imagined seeinguthose traumatic injuries in my lifetime. Im still trying to digest kind of all the all a life altering experienceaw for the palestinian american doctor. Good evening. Im cristina rendon. Igm greg lee. The doctor who lives in saratoga tells us working in gaza is something he will never forget. He performed dozens of surgeries a dayc and says he witnessed tragedy after tragedy at ten ktvu joey horta joins us now aftert speaking with the doctor, joey. He says the devastation in absolutely. He just got back from this medical mission. Greg and christina putting his own life on jeopardy inujeopardy, that is, to save innocent civilians caught up in this horrible images that are now seared into his mind, we want to warn you. You may find this disturbing. Afterufive grueling weeks apart, doctor mohamed
Day as well. Weekly losses for small caps then what the guys were talking about the last hour the atlanta gdp, 5. 8 is what theyre looking at the ten year back higher, all put into the stew of how were supposed to think of where stocks go from here. The question for the viewer is, is the correction in its nature going to be deeper in the sense of what we witnessed in 2022 or similar to 2019 . There are two time periods to guide investors through what i believe will be in 2023. Very obviously you had an adversarial federal reserve, and the market declined from august 16 through october 13 by 19. 6 in the month of august, you oinl had 225 basis points worth of rate hikes you still had another 300 basis points yet to go and an overall down trend for the market now, in 2019, if you study that time frame, the same thing happened, scott. You went through this malaise in q3 from july 26 through october 3. The s p declined 5. 6 . Here is why i believe that 23 core relates to 2019 similar to 20
You do have financials and Energy Taking up the slack to some degree. Inconclusive, indecisive action. Were 4 below the highs the treasury yields remain in fo focus. We did break out on tenyear yields above 4. 25 taking us back to 2008 the 30s are at 4. 40. Its a consistent story were pricing for a better growth economy, high real inflation adjustment yields. We can bet the economy can handle it or not plus a supply demand issue for debt. Look, the latest data is supportive of those higher yields we got jobless claims below 240. Psychologically important. Theres the yellow bankruptcy factoring in so far no evidence of real mass l layoffs in this economy. We have philly fed which was sharply higher and the first positive read since last august and prices paid inside of that, which a lot of people look at, looking for inflation cues was a little higher. You add that to the other data weve gotten this week its not earthshaking data. Its industrial productions, housing starts, retail sales
To the 2020 election. Fox business Grady Trimble in fullerton county, georgia with lates it was a late night grady. It was cheryl the indictment came down i believe, around 11 00 last night all told 19 defendants face 41 felony charges among former President Trump oppose o could codefendant former chief of staff mark meadows hern rudy giuliani, eastman trump facing 13 charges from racketeering to multiple conspirators charges and others. These charges specimen from president his staff, lawyers alleged attempt to change results of the 2020 election in georgia. The former president has posted on truth social, maintaining innocence attacking the District Attorney in the case republicans are once again questioning the timing of the indictment. The middle of the election cycle and just after the appointment of a special counsel to investigate hunter biden. This is joe biden and this is the democrats weaponizing the Justice System because they are afraid of the voters. This is disgrace wrong