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Transcripts For FBC Making Money With Charles Payne 20240711

Well have a live report on that. President obama says Americans Care more about cheap gas than they do from the environment. Well hear from steve moore, whether this was a cheap shot. All that and a lot more on making money. Stay tuned. David its a huge market day. Nasdaq hitting alltime highs once again today after surging more than 10 last month. Vaccine hopes stronger than expected Economic Data and rumblings on capitol hill of a bipartisan covid relief bill are boosting market optimism. Joining me two markets experts to break it all down for us. Bellpointe chief strategist, david nelson. Great to see david again. And nicole webb. Let me start with the big picture. We didnt mention the fed announced, frankly nothing moves market more than free money. They said essentially there will be a lot more free money as long as they dont see any signs of inflation, the money printing will go on ad infinitum to pay all the bills but we still have a fear in the market of a more antibusiness, at

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Transcripts For FBC Making Money With Charles Payne 20240712

Profession to treat the practice of law as allconsuming while losing sight of Everything Else but that makes for a shallow and unfulfilling life. I worked hard as a lawyer and as a professor. I owed that to my clients, to my students and to myself. But i never let the law define my identity or crowd out the less rest of my life. A similar principle al applies to the rule of courts. Courts have a vital responsibility to the rule of law which is critical to a free society but courts are not designed to solve every problem or right every wrong in our public life. The policy decisions and value runments of government must be made by the political branches, elected by and accountable to the people. The public should not expect courts to do so and courts should not try. That is the approach that i have strifed to follow as a judge on the seventh circuit. If every case i have carefully considered the arguments presented by the parties, discussed the issues with my colleagues on the court and

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

In 34 states, the 70 average of new cases is higher than a month ago. Australia set to lay out a big spending budget to revise the economy and generate jobs. Today. Also makes it shery heres how markets are looking right now. U. S. Futures opening flat after u. S. Stocks rose in the regular session. They ended the session at a three week i. We have the s p 500 and the nasdaq and the dow beginning more than 1 . The nasdaq composite so its best in almost a month. We have the s p 500 closing at session highs. We had optimism over a potential stimulus package. Nothing mentioned President Trump being released from hospital tonight. Regeneron rallying after President Trump was given their experimental antibiotic treatment. Energy was a big gainer. Take a look at wti which is above 39 a barrel and continues to gain ground at the moment after the largest jump since may, rallying in tandem with the equity markets. Lets see how things are shaping up for the asian markets. Here is Sophie Kamarudd

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Transcripts For FBC Making Money With Charles Payne 20240712

That and so much more on making money. Charles as President Trump tests positive for covid19, lawmakers around d. C. Are being affected as well. Edward lawrence has the very latest on whats happening in washington. Edward . Reporter charles, a lot going on here. I can tell you that any white house official within ten feet of a camera is going there and telling everybody that its business as usual related to the work that goes on here at the white house. I can tell you that the white house physician says the president is working uninterrupted. He does not have to disrupt what he is doing because hes having mild symptoms. This is the press secretary, White House Press secretary Kayleigh Mcenany about 30 minutes ago. Listen. This morning and this afternoon, were focused on the president. Were having to hold him back a little here because hes hard at work, he spoke to senator mcconnell today, senator graham, i just spoke with the chief of staff and President Trump has talked to him about e

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Transcripts For FBC Making Money With Charles Payne 20240712

Weve got a jampacked show for you. All that and so much more on making money. All right, folks, the market continues its effort at trying to find its footing but an early rally really fizzled pretty quickly in the fog of uncertainty that includes growing worries about the election outcome and speaking of politics how important is it for another round of stimulus . I say without it, this rally could get slammed. And its beginning to happen. Even as big names like apple and microsoft drift, folks, some of these other momentum names like cloud names are acting great. We will dive underneath the numbers here for you. Meanwhile amazon in fact got an upgrade this morning new share price target. Tesla has a new target of 515 from 480 at piper sandler. But you might be thinking about buying these value stocks, right, you keep hearing about it. The problem is though what is a value stock because not everything thats underperforming is on sale. I know the old sweater analogy, right, it is really

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