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
Yesterdays stomach churning day during which the dow saw its fourth biggest point drop in history. 1,861 points. Equity losses of 2 trillion dollars just shaved right off. One of the triggers from yesterday is the same one thats pulling the oxygen out of todays rally. Worries about a longer recovery and a second wave of the coronavirus pandemic rearing its ugly head. One of the most widely followed economists on the street, in this final hour, what he sees as the biggest obstacle to a more persistent and longer stretched market and economic rebound. Plus, College Football taking baby steps the put the pandemic behind it as players get the green light to begin workouts this coming monday. So could we really see oregon and cal and ucla and yes usc football in the fall . The commissioner of the pac 12 is here in a fox business exclusive. Yes, i will ask, will there be fans . Plus poking fun at the brand new playstation 5 . Portfolio margin protectors and charlie breaks it on the players l
Honoring Martin Luther king jr. All eyes , he did not respond to a single shouted question about comments made in the oval office in which sources say he referred to haiti and african countries as best whole countries, a pg version of all this. Keep in mind the white house does not deny those comments were made, donald trump did take to twitter to clarify at least if you want to call it that how he sees it. Here where his tweets, the language used by me was tough but this was not the language used was what was really tough was the outlandish proposal made, a big setback for daca. Speaking of haiti he said never said anything derogatory about haitians other than haiti is a very poor and troubled country. A wonderful relationship with haitians, and trust. At this meeting, handful of different lawmakers presenting a proposal for daca. Dick durbin, one of those inside the meeting, the conversation surrounded temporary protected status for some in the United States, the conversation turned
With Vladimir Putin. And Steve Scalise is readmitted to icu over concerns over an infection. And well continue to bring you updates there. Virginias governor, mccauliffe admits that the democrats dont have a leader, and cant name who will take them into the next election. Varney company starts right now. Finally on both sides of the atlantic, our citizens are confronted by yet another danger, one firmly within our control. This danger is invisible to some, but for millions at the polls, the steady creep of government bureaucracy that drains the vitality and wealth of the people. The west became great not because of paper work and regulations, but because people were allowed to chase their dreams and pursue their destiny. Americas polls and nations in europe enjoy individual freedom and sovereignty. Charles joining us is lisa booth. This is the president s second overseas trip, bringing the message of draining the swamp overseas with him. Whats your reaction . I think its important for
About his nomination expected to come at some point tomorrow. He has no government experience. Almost his entire career was spent in wall street. Helped bankroll movies like x men and avatar and the New York Times first reported he was going to be the pick as treasury secretary. We just confirmed that as you just said with two other sources. Mnuchins experience with the campaign was as National Finance director and the Transition Team saw him fit to serve as the transition secretary. Thats where we are. Now, here in new york, it is suppertime. The other big headline of the day is about to happen, that is mitt romney and the president elect donald trump sitting down for supper and romneys not the only highprofile person who came to midtown to talk about a highlevel cabinet post today. In fact, we just heard a few moments ago from senator bob corker who could be romneys competition for secretary of state. Anybody who feels like they could further our countrys National Interest around the