The heated rhetoric not helping the markets at all as we head into the final hour of trade. Neither did the weekly jobless claims number that came out this morning. It rose for the first time in 15 weeks. Then you have goldmans morning call that apple is bruised and should be tossed from your portfolio. Weve got red acheck it here. Dow down 341. S p down 38. The nasdaq down 227 points. This china situation, American Farmers dependent on selling their product to china, are bracing to be pawns once again. We will talk exclusively to a wisconsin soybean farmer about how his business was first affected since signing of the phase one trade deal and who knows whats going to happen to that phase. From massages to a whole different business of medical testing. How one chain flipped Business Plan to survi the covid crisis. Weve got the ceof express supspa group. They have the airport chains where you get massages. Hes here to tell us how hes pulling the 180 and offering covid tests. Its a fox b
America, today i am asking our chairman to proceed with articles of impeachment. I commend our Committee Chairs and their members for their somber approach to actions i whh i wish the president had not made necessary. David they ask them to move fast so the senate quote, can have a fair trial. Edward lawrence with more. Reporter White House Press secretary Stephanie Grisham says the democrats should be ashamed of themselves. House Speaker Nancy Pelosi outlined in the statement that the house is protecting against threats foreign and domestic. She is saying that the house is protect the u. S. Constitution. Listen to her answer when she was asked if she hated the president . This is about the constitution of the United States and the facts that lead to president s violation of his oath of office. As a catholic i resent your using the word hate in the sentence that addresses me. I dont hate anyone. Today with the speaker announcement she has weakened this nation. Reporter that is House Mi
News conference. This after video emerged showed World Leaders gossipping about the president. Melissa mean girls. Connell latest response from the white house on that and more. Impeachment hearings back today on capitol hill. Witnesses taking the stand. Not everybody believing that democrats have a case. Well talk about that. Plus, a new message from north korea as kim jongun once again ride as white horse off the peak of a sacred mountain. Melissa typical day. Connell what the staged photoop means for the United States. Melissa i didnt mean to step on your joke. That was better one. Fox Business Team coverage. Blake burman live in london. Gerri willis on floor of the new york stock exchange. Edward lawrence at white house, Grady Trimble in chicago. Blake, lets kick it off with you . Melissa, connell, forthright meeting yesterday between President Trump and Emmanuel Macron is warm up for back and forth we saw between President Trump and justin trudeau. There was a hot mic moment last
And american men miss their mark on the ice. Plus, its a mul multibilliondollar business with its own eye on the games. Well go inside esports and the participants who say theyre not playing around. But we begin this morning with todays eye opener, your world in 90 seconds. The russian conspirators wanted to create discord and undermine Public Confidence in democracy. The president tweeted, quote, the Trump Campaign did nothing wrong. There was no collusion. Hes engaged some magical thinking here that this exonerates him. Nothing of the kind. They failed to follow protocol following information on the Florida Shooter. We truly regret the additional pain this has caused. Chief of staff john kelly is making big changes with how employees obtain security clearance. Its going require the doj and fbi to do more. President trump is in florida giving his condolences to victims at the high school massacre. A powerful earthquake strikes mexico. All that maybe a preview of the dunk. And all that
Front of us. We have talked before about Monetary Policy and i havent been a fan as a banker before i was in congress of going beyond the feds initial Interest Rate policies i felt like qe 1, 2 and 3 didnt produce the gdp effects or job increases that perhaps fed policy makers at the time thought. I have also been concerned that as we go back and look backwards now since 2008 that fed officials really have always been a little reluctant to talk about some of the unintended consequences of that, such as distorting the price mechanism in our economy, depressing cap rates for commercial real estate or running up equity prices which i think are a result when you have that, we have flooded from qe 2 into our economy, affecting price earnings, multiples, et cetera today i havent heard any discussion, we talked about the Balance Sheet, we talked about setting Interest Rates but i want to talk a little bit about the money multiplier aspect in your toolbox we flooded the system with reserves bu