Earth. Charles President Trump announcing executive actions on Police Procedures as congress rushes to respond to the mass demonstrations across the country and the changing attitudes across this country. Well get the very latest from the white house and reaction from gianno caldwell. More advancement on today trucks, being called, cheap, available, effective in the fight against the coronavirus. That is helping this market too. Well give you the details. All that and so much more on making money. Charles so all the major indices are higher right now propelled by more evidence of the economys resolve and of course wall street wants steady economic gains. They still want steady fed accommodation as well. Todays retail sales a record, coupled with todays Empire State Manufacturing survey, join that with the may jobs report and the evidence is pretty clear, the stock market rally is not mindless consequence of a army of day traders but a prescient signal after vshaped recovery. President
Unemployment. Well talk with Eugene Scalia coming up. President trump is set to land at Kennedy Space center this very hour, to watch the historic spacex to become the first commercial company to send astronauts in orbit. We will have discussion with space should telecom mander. Chao. More and on making money. Charles the dow is leading the way all session long as reopening optimism is reflected in this what we call the market rotation, cyclical stocks are doing better as main street gains in the economy. Rotation is also the theme of the week. We saw some bonds into stocks be. Defensive stocks into cyclical stocks that just mentioned. Growth into value, about the big question is can overall value continue to rally as tech stocks head in the opposite direction . I want to bring in kaltbaum Capital Management president , fox business contributor gary kaltbaum. You love to tech stocks. Made a ton of money particularly in chips. Looks like theyre toppy at the moment. Are you moving out of
Masks. You saw yesterday the masks, we were at a factory yesterday, great company, honeywell. In a period of four days they took a big factory, little longer two, weeks, really most of the work done in four days, they took a about plant that did other things and converted it into masks. It is actually a complicated process but they have unbelievable equipment and theyre doing millions of masks out of this factory and that took place so quickly. That was all because of the task force. All of this happened because of the people working within the administration and something i didnt know, mike, they take different layers of material and compress ited, put it together because one laser good for something, one layer is good for something else. One laser good for very tiny particles. You think of it as a mask. They make a very good this is something that is really special. So the task force will be around until we feel it is not necessary but i will say, i learned yesterday, even after i sp
Coronavirus is affecting them. Well have allstar analysis. A warning from the imf this morning, that the world could suffer the worst recession since the Great Depression. One of my favorite economists with her take and more. And Charles Payne in a few moments. This is making money. Cheryl and i believe weve got Charles Payne standing by from his studio. Charles, good afternoon to you, sir . Good afternoon to you, cheryl. I really appreciate you kicking off the show for me. It is a huge show in fact. The white house slightly shifting in fact, just moments ago on the coronavirus policy. Putting much greater emphasis getting economy up and running. Theyre not only ones. A lot of people want to see that happen. President trump putting together a group of advisors to help him do just that. This group will feature cabinet members. There will be outside help. One of them labor secretary Eugene Scalia joins me now. Thanks for joining us. Good to join you, charles. Cheryl lots of anxiety out t
This is three and a half hours. Good morning, the committee will come to order. And without objection, the chair is authorized to declare a recess of the committee at any time. With that, ill now recognize myself to give an opening statement. Two days ago, the entire world came together to Mark International holocaust Remembrance Day. In addition, 75 years ago this week, in january of 1945, the auschwitz berknau concentration camp was liberated from the nazis. It was one of the most infamous sites of the nazi genocide. More than a Million People were murdered there. The purpose of todays hearing is to commemorate these grave anniversaries to remember those we lost, and to honor those who are still with us. But it is not enough to simply recognize these dates. We must also contemplate what led to these atrocities. We must remember the holocaust in order to help combat bigotry, hate, and violence of all kinds today. I am so pleased to have our distinguished panel here today, i have asked