packing up. let s begin with jacqui. we heard a lot from the president that we heard before. what he calls bidenomics. his economic approach rejects trickle down reaganonics of the past and builds the economy from the middle out. we heard that many times. there s heavy emphasis on his administration s investments in manufacturing, infrastructure and research and development. the need to spend that money to make the u.s. competitive with china, especially when it comes to clean energy. he noted that china is doubling their production of raw materials for critical products. and he took a swipe at republicans for investments that bring jobs back to their communities. since i took office, we ve seen over 60 domestic manufacturing announcements. all because of solar supply chain. one of the biggest is in rome, georgia. you may find it hard to believe. that s marjorie taylor greene s district. i ll be there for the ground breaking. it s looking like this approach might be mor
negative. a lot of their chatter adds to down days. in other words, they need this market to come down to save face, to save their egos, save reputations. that s this sort of intangible element to investing that a lot of people don t understand. certainly they become frustrated by. the fact of the matter is as i have written about since the 1980s, the stock market is what i ve called the great humiliater. i want to humiliate. they would like to get you, like to get your mother and me more because i m rich in public compared to the average person. and the reality is it s pretty good at it because people have a hard time grasping that those things, everybody believes and talks about have already been in prices and it s the stuff about the next year ahead that they re not talking about that moves markets. charles: bottom line then, stay the court and again, you ve
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of the country start to feel the bite. that s where i think the pressure builds. that moves markets and will cause congressman to start buckling. overflowing garbage cans on the wall. i drove past. it s not exactly like a scene from mad max out there. as time goes by, those are the pressure points where you ll see a lot of senators getting weak in the knees. chris: i will ask you for a prediction in a moment. if not for the shutdown.the big political story this week would be the house going back to the democrats. nancy pelosi regaining the speakership after eight years in the minority and the first speaker to regain the gavel since sam rayburn in the 1950s. here she was on thursday. i pledge that this congress
much money these pharmaceutical companies are putting into research and development, not just keeping the profits. here s how she laid some of it out yesterday on the trail. this week i m announcing a detailed plan to crack down on these expenses. we will start we will start by capping how much you have to pay out of pocket for prescription drugs each month. and we re going to hold drug companies accountable as we work to drive down prices. reporter: interesting that tweet you mentioned a moment ago from yesterday when hillary clinton sent it out that she was cracking down on pharmaceutical companies if she was elected. that moves markets. the biotech sector took a huge hit. the clinton camp felt like that is fine with them. if wall street is mad at her, that s a fight she wants to pick as she wants to wrap up the democratic nomination. we re hearing from analysts that she s trying to win over labor unions. reporter: that s right.