Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
By. 7 the hang sang was up by 2. 1 the shanghai composite up by 2. 1 in europe right now where there is active trading taking place, green arrows across the board. The biggest gainer is the footsy up by. 8 . Quick check on treasury yields which was so closely watched last week when you saw the temporary inversion in the middle of the day between the 10s and the 2s this morning, 1. 618 the two year is 1. 15 so showing more room than we have seen over the last several sessions. We have a huge week ahead for wall street. Kicking off today, big tech executives testifying at ustr hearings then tomorrow, quarterry lults from home depot, kohls and t. J. Maxx wednesday, fed reports on existing home sales plus reports from lowes target and l. Brands and thursday jackson hole symposium kicks off where, of course, Steve Liesman will be. All leading up to fed chair jay powells big speech which will take place on friday but meanwhile, we want to pivot right now to an update on the big story over th
Location. Let me show you video of that. So when officer gets a call of a burglary in process, he shows up. Sees the suspects fleeing from the scene. That officer is in pursuit. And during the pursuit, he loses control of hits the curb. Hits a pole. Its a fire hydrant, sending thousands of gallons of water into the air for a short duration. And then he ultimately lands into a ditch. That dish was deep enough where they could not even use a tow truck to remove suv from it that they had to bring out an excavator tire chain around it. And then pulled it from the ditch before putting it on a flatbed truck. That officer was taken to the hospital with minor injuries. Of course, during the pursuit, he was not able to make 2, 5, 4, 3, cabot boulevard. Back to okay. Thanks for that update. Will. Time now is 10 00 02am, go on to the Election Results from super tuesday . A big night in california. Here are some of the headlines coming out. A democratic congressman adam schiff and republican steve
Not one more thing. Teeny little one more thing. Bret good evening, we are coming to you live just down the hall from the the five fox news World Headquarters in new york. Im bret baier. The federal corruption and bribery trial for new jersey democratic senator bob menendez gets underway. The Biden Administration touts what it calls its ironclad support of israel. But, its top diplomat gets critical of the israeli war effort. And former President Trump scores big in new Swing State Polling we will break down the numbers. But, first, breaking tonight, the star witness of the prosecution case against former President Donald Trump takes the stand. Former trump lawyer and selfdescribed fixer Michael Cohen is implicating his old boss in a scheme to silence an adult film stars claim that they had a sexual encounter. But cohen will soon face a direct examination that will question his direct accountability. Nate foy. Good evening, bret. At the end of court tonight, Michael Cohen testified tha
Same for anyone who owns a cell phone, a laptop, watches netflix, or plays online video games. Basically, everyone. A new ruling made in just the last couple of hours could have you paying more to use the internet. Adam shapiro with scrutinizing the dc about socalled net neutrality. What it means to consumers, big businesses, and their stocks which you may own. And speaking of big business, Companies Big and small threating about the 500plus page Senate Tax Plan that will affect them. Former new york congressman rick worked with the sort of the h r block of big business. He knows, and he is here. And the berkeley newer science professor who has written the definitive book on sleep called why we sleep, and it is valuating onto the New York Times bestseller list telling you why sleep is your companys bottom line but more importantly, how to fix that now. All of that as the dow, the s p, and the nasdaq and the russell squarely take aim less than an hour to the closing bell. Lets start the