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FBC Making Money With Charles Payne July 12, 2024

Should congress pay people to come back to work or cut the spigots off. I will ask congressman matt gaetz about that and so much more on making money. Charles stocks making a huge turn around this morning but i think several factors influenced pressure of selling in the last several sessions. The main problem i think is the fact that the market was and still is overbought. I take issue with blaming Retail Investors for being too enthusiastic. Second concerns about the economy as states do delay or reverse reopening plans. 10year bond yield plunged when it looked like we were on the verge of seeing massive rotation back into stocks. Fed action, accommodation has been fading, folks and wall street dithering. Wall street needs clarity from washington about what is going on there and playing the same old politics as usual. I want to ask to of my favorite experts, Gibbs Wealth Management president , erin gibbs and jack ablin. I will ask both of you in general, i will start with you, erin, t

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