my time is at hand, i won t make it any other way harris: his hit fire and rain is what was happening in the markets yesterday. i m harris faulkner and you are in the faulkner focus . here is what s happening right now at the corner of wall and broad. it s what world markets are watching and affected by as biden s economy is burning, rome style, rome is burning reference there. we re up just a bit as investors have rebounded a tad. it is early in the day. during the celebration, the president was hosting his so-called inflation reduction act celebration. the dow jones industrial average was a free fall. ended up down more than 1200 points on the day. major news networks pulled away from their coverage of the president s party as things were going south. one critic said biden s bash was a slap in the face. new york post named the president tone deaf joe. we know he doesn t hear or apparently see americans struggling with sky high food prices and everything else going
nearly 1300 points. you can see it right here in the corner as you celebrated quite a contrast. scathing inflation report and the labor department revealing consumer price index rose 8.3 fears in august from a month ago. americans didn t need those numbers to know how bad things really are. food prices have seen their highest increase more than 40 years and cost of eggs, milk, and other basic staples are all going through the roof. it appears democrats are out of touch with americans. here s nancy pelosi yesterday asking for a round of applause. mr. president, thank you for unifying and inspiring a vision of a stronger, fairer, writer and future. your leadership made this glory yous day possible. that s an applause line. emily: cringe, there appears to be a downer that attended the party and here s the media reaction. harris: you re listening to president biden at the white house and celebrating the passage of inflation reduction act and fighting big pharma for decades