Next hour. As well it should be. The stock market closed at a record high today. Yet another high, during the biden presidency which has been full of stock market highs. They are apparently happy in the afterglow of the democratic national convention and her rise in the polls considering donald trump will not be allowed to ruin the economy with the stupidest tariff proposals in history. Instead of being president trump next year, the stock market seems to believe he will just be defendant trump. Donald trump spent the day ranting on social media about a superseding indictment voted on by a new grand jury in dc. The new indictment in the case of united states of america versus donald j trump, defendant, replaces a previous indictment with the same title and the same list of four crimes. Conspiracy to defraud the united states, obstructive official proceeding, obstruction and attempt to obstruct an official proceeding and conspiracy against rights. The superseding indictment is in effect
1920 an all black officiating crew takes the field on monday night football. Plus a Major General motors recall involving some of the auto giants most popular and expensive suv models welcome to tuesday early today starts right now good morning, im frances rivera. And im phillip mena. The Trump Administration is finally giving the green light for president elect joe bidens transition the head of the General Services administration cleared the way for the transfer of power last night after slowwalking the process for weeks. Our capitol hill correspondent tracie potts joining us now with the latest tracie, good morning biden will have a lot of catching up to do. Reporter so, phillip, this means that joe biden will have 57 days instead of the 77 that president obama had to get his administration together before Inauguration Day this letter of ascertainment just signed off by the General Services Administration Director calls him the apparent winner of the election and directs more than 7
The open this morning we will get really close again to 30000 on the dow. Heres another positive in all the transition from trump to biden has begun and investors like it, the dow was up 1 , 300 points, s p up three quarters in the nasdaq up close to half a percentage point, lots of green this morning and theres this, john kerry is back, the climate envoy and will sit on the National Security council, not good news for Americas Energy independence. Kerry will try to take us back into the paris climate record, but here is a guy taking us to the future, elon musk, yesterday as tesla stock rallied musk gained 7 billion in one day, he is worth 128 billion in the last week he surpassed Mark Zuckerberg and bill gates to become the second richest in the world, jeff bezos remains firmly in the number one spot. On todays show lets celebrate thanksgiving, the timing on the restrictions but resistance is growing, scott shalit he will join us from arizona hes part of the great exodus and will take
Change the outcome . Matthew whitaker in that. Bill barr is looking into election irregularities. I will ask former utah congressman Jason Chaffetz why it is so important to let the Legal Process continue. All that and so much more on making money. Charles so the stock market had been all about the have and havenots for couple years. More so this year with the work at home stocks taking off like into outer space but now tech source that sorely underperformed are surging, and doing it with the kind of vigor we normally associate with megagrowth stocks. The nasdaq came into the session up more than 30 for the year. Since october the story has been the small cap names. Russell has gone from the worse to the first, from worst to first over that short period of time. Many investor are saying stop the crazy stock market. I want to get off. Should they instead rotate into the beaten down names instead . Lets ask bny alicia left convening, Michelle Snyder and bellpointe chief strategist, david
Have gone up at the airport. It is not a good decision. It is going to continue to divide drivers among ourselves and now we are getting publicity there will be a shortage of cabs at the airport which is not the truth. I urge you to get involved in order to help with the purchase medallion holders. There has got to be loan relief. There were 49 foreclosures over the last selfmonths and there will be more they were waiting to see if it passed to see if they can continue to drive. I urge you to please get involved. We are trying to help provide financial leap for the purchase medallion holders. Thank you very much. Next caller, please. Welcome, caller. I understand we have two listeners. If they are both silent that might end Public Comment. Operations, is there another caller . Okay. Thank you for trying. If there are any listeners and you would like to make Public Comment press star three now. We will take this to the end. Hello. I would like to talk about an incident that occurred at