Covid19 relief bill is reached. Can moderates in both parties save the day with their own version or are they too far apart to compromise . I will ask republican congressman andy biggss. That and sew much more coming up on making money. Charles so, folks the major indices bolted out of the gate this morning. There is still tentativeness. You see financials down, work from home stocks, trending a little bit lower. After a sharp pullback, in fact the fastest correction in nasdaq history, the question is, is the worst over . Plus key sectors of the economy continue their quick growth. Where to invest for the housing boom, the manufacturing rebound. Also this hot ipo market has many salivating but some wonder if it is good or bad news. So many questions, so lets get the answers. I want to bring in Devine Capital ceo dani hughes, bellpointe chief market strategist, david nelson and courtney dominguez, advisor pour payne capital. A group im not affiliated with. Dani is the worst over . That
Brickandmortar names on the endangered species list. How can you invest in that comeback as well . Plus the need for law and order seems to help President Trump. The new numbers that have him in a deadheat with joe biden. Just how much keeping schools closed will hurt the economy . We have the data behind the 15 trilliondollar answers. All that and so much more on making money. Charles dave asman told you stocks are soaring after three days of step selloffs. You remember august and then the dazzling fall. We have mark tepper, phil blancato, and bull tick Capital Markets strategist, Katherine Rooney veer a i will ask everyone, but i start with you, phil. Is the worst over . No it is not. We have a lot of volatility to come. Election cycles will do that. High valuations will do that. Astrazeneca announcement put concern on the vaccine hunt. I think we blind higher and there will be fits and starts. Charles to we retest the low from yesterday or sort of volatility is here to stay. I think
Good afternoon, whatever, im charles payne, this is money. Is this what soft landing looks like . The question really does wall street even care . Will it change its mind. Has the general malaise overall malaise in this nation created something in the financial world akin to nihilism . Well talk about that. Where does the fed go from here. We have fed watcher Danielle Dimartino booth jay powell, ha he has a tougher task than 24 hours ago. Before you give up the hope of the American Dream folks, katrina cam pens joins me. It is harder and harder but not i am possible. All that and so much more on making money. Charles so this morning we saw what amounts to backtoback Economic Data come in exactly the opposite of what wall street expected and what investors actually hoped for. Im talking of course the ppi number, Producer Price index. That is on inflation. That was hotter than consensus. There were retail sales which increased less than expected. Here is really what is interesting also.
From Cyber Attacks. The president issuing an executive order to help america fight back against attackers. Does the plan go far enough . Michael chertoff joins us with more. Lori is hiking the minimum wage a problem . Fighting back against president obamas plan to raise the minimum wage by 1. 25 per hour. Melissa postmaster general warning it may need 45 billion bailout if congress doesnt act now. Oh, boy. Lori oh, boy. Stocks now as we do every 15 minutes. Lets check in with Nicole Petallides. The dow pulling back after yesterdays record high. Nicole that is right. We are off of lower lows of the day, but yesterday closed with a record high close that we havent seen since 2007. We have been hovering around 14,000 mark for the Dow Jones Industrial average. The bank index and drug index or lower although one of the names doing well in the Dow Jones Industrial. The banks doing very well. Last friday is where we broke out and started this trend. Yesterday we continued, today pulling back
Democrats are on the defensive with vital political constituencies rattled by inflation. But amid concerns over abortion rights and democracy, Republicans still have problems in the highly educated suburbs.