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Transcripts For FBC Varney Company 20240712

Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively with the market rally to die for. We will try next hour. Th

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Transcripts For FBC The Claman Countdown 20240712

The overwhelming interest you showed in the first one last month included, of course, Trump Administrations larry kudlow, biden economist ben harris, mike novogra novogratz, robert kiyosaki, marc lasry. It was epic and we heard you tell us you want us to focus on all the Money Matters of the two president ial candidates. Its a win win so here we are at it again. Straight ahead, we are joined by forbes media chair and former republican president ial candidate steve forbes. Former chairman of the council of economic advisers austan goolsbee. Energy secretary in the Trump Administration dan br oushgs illet. Trillions of dollars of stimulus could be headed for the economy before the election. We stress could. The dow was down 332 points earlier. We are down just 26 now. S p lower by 10. Off the lows in a big way. The nasdaq off 84 points. Low of the session for the nasdaq, triple digits so definitely a better picture here. Boy, did we see an interesting move in the tenyear yield. It contin

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Transcripts For FBC The Evening Edit 20240712

Democrats are outraged saying this is a partisan hit job. Joe biden for the first time break his silence, speaking out, calling this is a desperate smear. But that is not the full story. The fbi and Justice Department now agree with dni this is not russian disinformation. The lap is allegedly loaded with emails showing the biden family leveraging its greatest asset as it has for years, selling access to joe biden in washington to business dealings around the world. Well show you why critics say this is a National Security problem why the media narratives are demonstrably wrong, that joe biden as tax returns dont show any of this wrongdoing, theyre likely wrong too, those claims. We have a batch much emails separate from the laptop. Why this story keeps getting bigger and bigger as the countrys most powerful in tech and media wont talk about it. To the president s strategy in tomorrow nights debate. Will he go after the biden influence peddling. Will he let biden talk and not interrupt,

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Transcripts For FBC Varney Company 20240712

These days lets face it can happen to anyone because incidents like this are becoming common. Dont like that, happen last night, the confrontation again in louisville, demonstrators try to set the library on fire, a black cop shot in the stomach, 24 rest, urban violence is an election issue and polls show a sharp decline for antipolice demonstrations. Thats that, lets get back to money. After battling the threat of impeachment, Speaker Pelosi and the democrats are pushing a 2. 4 trigon dollar stimulus plan, and was 3 trillion and now its 2 trillion, now they come down, we dont know whether the treasury secretary will go up from his original trillion dollar, 1 trilliondollar plan. Not that much action in stock so far today, the stimulus plan news not really affected the market, the dow will be down 100 ands and p down a little bit but the nasdaq looks like a gain of 16 points at the state, not Much Movement but look at this, william hill, the reddish bookies getting to takeover bids and

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Transcripts For FBC The Claman Countdown 20240712

We are going to go straight to the white house when the News Conference happens. Meantime, talking about the magnetic pull. Yes, wall street charts are all over the place. Right now the downside is winning out. We have stocks sinking deeper into the red. Dow jones industrials down 264. Look at the nasdaq, down 155. But major swings here. We are watching this market very closely because we have been well into the green earlier. Meanwhile, the economic cold war with china still simmering as the Trump Administrations deadline for a tiktok deal is now five days away. The u. S. Ambassador to the United Nations is here in a fox business exclusive. She will share her insight on the china issues, the Russian Election interference and the iran nuclear deal. Again, this is a fox business exclusive. By the way, bridgewater, big hedge fund, ray dalio just made comments before the new York Economic Club about china as an investment. I will let you know what he said. Get your bets in. The nfl kicks

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