Covid19 relief bill is reached. Can moderates in both parties save the day with their own version or are they too far apart to compromise . I will ask republican congressman andy biggss. That and sew much more coming up on making money. Charles so, folks the major indices bolted out of the gate this morning. There is still tentativeness. You see financials down, work from home stocks, trending a little bit lower. After a sharp pullback, in fact the fastest correction in nasdaq history, the question is, is the worst over . Plus key sectors of the economy continue their quick growth. Where to invest for the housing boom, the manufacturing rebound. Also this hot ipo market has many salivating but some wonder if it is good or bad news. So many questions, so lets get the answers. I want to bring in Devine Capital ceo dani hughes, bellpointe chief market strategist, david nelson and courtney dominguez, advisor pour payne capital. A group im not affiliated with. Dani is the worst over . That
Some paurtds of the marine layer will undercut a lot of smoke today and try to keep us in healthy air. And keep our temperatures in the 60s, 70s and 80s. Happening right now thousands of pg e customers are the dark thi might not be on until tonight. Look at the outage map. Pg e cut the power in nearly two dozen counties bause of the high fire danger. Purple k5i9indicates the Public Safety power shutoffs. Yoristoga say it was necessary because of the high winds. At one point, there were half a Million People in the dark stat restore power once the sun com high winds and dangerous heat flames. And listen to this number so far this year wildfires have burned about 2. And when we care to the same time last year we are looking at 118,000 acres. What a difference. Yesterday, Governor Newsom said he has had it with people who deny Climate Change. I have nopatience and i say this lovingly, as someone who prides himself being open to argument but i quite literally have no patience for Climate C
Council of economic advisors director scott good speed. President trump is showing up in bidens backyard. Trumpbacked candidates continue to win major primaries. We have one of our favorite guests who happen to be one of those winners. She joins us on the show next on making money. Charles breaking news, folks, Fund Managers discover the bull market thats right. It is a president ial, political season. So we should expect a lot of flipflops. By the way were getting a lot of them. I got to tell you i lost count on the political front but the one that caught my eye, the flipflop of the week came early in the week when 200 Fund Managers in charge of investing half a trillion dollars changed their positions dramatically over the last few months. These men and women have become more bullish as a plurality of them see a bull market, not a bear market bump. Also they see a doubledip recession. The stock market is more about the economy a year from now, not a proxies for main street today. Bec
Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , significantly beating consensus estimate of up 4. 3 . Transportation was higher. Electronic equipment was higher. Computers were higher. Business investment came in better than expected this is more evidence that the consumer isnt dead. Which brings me to my stock of the day, dicks sporting goods. Reported record revenues and earnings for the quarter. I think another great example of omni channel success. Here to talk about all of this, kaltbaum Capital Management president , fox business contributor g
Hurricane isaias, the latest prediction from the National Hurricane center throughout this hour and also expected to hear from President Trump as he leaves for florida, that and much more coming up on making money. Blake just another friday in washington, we begin this afternoon with the stalemate, normally when a deadline reaches the final hours, thats when Congress Cuts a deal. But set aside goals of the trillion dollar plus package because congressional leaders in the white house right now cannot even come to terms on a shortterm extension for federal unappointed benefits. We begin with edward lawrence, he is the very latest from washington. Were supposed to be able to coast into the weekend on friday but not so now, stalemate, exactly what it is in the American People who are about to lose unappointed insurance and could be evicted, those folks are now caught in the middle, republicans even offering a oneweek extension of the 600 extra that the federal government is giving an evict