Epa administrator Andrew Wheeler will join me after the president signed an order to extend the florida offshore drilling ban. Well talk to him. But first, joe biden hitting the campaign trail this time in the crucial state of michigan. He will push the his own made in america plan before President Trump heads to the state tomorrow. The plan calling for more taxes on certain companies. Fox businesss Jackie Deangelis has the latest. Jackie, when i heard this, i thought the announcer made a mistake. He was talking about what trump had said in 2016. Reporter that is a very, very good comparison to make, david. Good afternoon to you and thats right, biden is in michigan today. Remember, this is a manufacturing state. He will try very hard to win over those voters. What he is saying is, i have got what it takes to make it in america. Now a crucial part of that plan is what he is going to do with Corporate Taxes. So lets review here. We already knew he wants to roll back the Trump Administra
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
A paltry one trillion dollars,. Only in this day and age can one trillion seem cheap. Democrats want 3 trillion. Well follow battle back and forth. In texas where were seeing a spike in cases but some are finding positive signs that the spikes are not quite as high as they use to do so be. Also that, and the vaccine push right now that has some promising implications for texas. To silicon valley, what is going on there. A lot of tech ceos on wednesday will be on capitol hill. Lets just say the environment might match the weather, hot and getting even more heated. So lets get to it with chad pergram with republicans with their own coronavirus bill, that also tackles that sticky subject of those jobless benefits. Courtesy of uncle sam. Chad, where do we stand on all of this. Reporter neil, they released their plan yesterday, about five or six distinct proposals. Frankly republicans are in a pickle. There is a lot of disagreement, there is a lot of disowe nance on the republican side of t
Well take you there live as soon as we can. That much and more on making money. Charles so it was a major beat on the labor front on all parts of, right . Initial jobless claims declined 1. 2 million. Down 249,000 in one week. Well below consensus. Wall street was looking for 1. 4 million. Continuing claims declined to 16. 1 million. Down 844,000. Pandemic employment assistance swooned to 655,000. It was above 900,000 a week ago. Yesterdays adp number, tally of jobs created, 4. 3 million. Initially they thought it was 2. 4 million. All of this dovetails with better data on the economy and service economy. I know it sounds nuts. It against conventional wisdom of all talking heads but i think the v is getting stronger so am i nuts . Lets ask Keith Fitzgerald of the Keith Fitzgerald group, jack ablin and walser Wealth Management president , rebecca walser. Rebecca, am i nuts . All im looking at the data and it is getting stronger no stopping engine newt of the american machine and Economi
The pain. He is here along with senator mike braun. China is firing back as the cold war between the two countries heat up but i continue to ask this one question. Is this big business silence same thing as collaborating with the enemy . Will big business join the fight . We have blockbuster panel to weigh in that. All and much more on making money. [. Charles its a down day for the markets which was not overdue, not sparking any real alarm. The rebound moved from erasing 20 20s losses to try to distance the fastest bear market in the history, now to the point where you want to broaden out winners if we are to keep this rally going. There are sufficient reasons for concern and near term valuation, coronavirus, long term growing debt and u. S. President ial elections but i got to tell you the s p and nasdaq higher for the year. The question will the dow join them soon . I have Fitzgerald Group principle, keith fitzgerald, David Nicholas and point view Wealth Management david dietze. I w