Level as the controversy continues. President biden met with his Economic Team at the white house today, the administration has not yet said much on the controversy only saying talk to the sec and the feds are monitoring the situation. Strong backlash by some lawmakers including alexandria ocasiocortez and republican ted cruz. Republican senator josh hawley talked about this on fox news earlier. What youve seen with this gamestop meltdown that wall street is having now is these folks at home have got more criticism and more scrutiny than the people who singlehandedly crash the entire Financial Market in 2008. And they got bailed out, the government bailed out those people. It shows you that the fix is in. John White House Correspondent Kristin Fisher picks up reporting for us on this friday live on the north lawn. For the third day in a row, the white house is declining to weigh in on this controversy that has consumed both wall street and main street. The White House Press secretary w
Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started to realize, since the last time i was on your show weve
Earlier. The strategy, shop now to be the december delivery rush. The stock took off yesterday and up again premarket about 24. Within the last year, amazon has touched a low of 1600, now 34. Double the past year, modest pullback for the dow, down about maybe 150, remember it was up to 50 yesterday, the s p will be down as well. Look at the nasdaq, powering ahead again on the back of another technology search, 31 again. I have trumped the video, it may surprise you, this is the crowd lining up for the president s event in florida, it is absolutely endless. And to impact largely mass close crowd, the president danced up a storm, he should his apparent boundless energy, the man is back, he is planing two or three events a day until the election. Then theres joe biden he went to ohio, forgot mitt romneys name, said he was running for the senate in question the memory of voters who say they are better off now than they were four years ago. However, the main event obviously, the hearings fo
This evening, nikki haley, jim jordan, steve scalise, and senator tim scott. Here is that session. A country where were judged by our character with dignity an respect for all. Belief that all are created equal, that lives matter irrespective of race, creed, or color. Committed to excelling beyond our dreams. Limited only by our imaginations where rugged individualism and american exceptionalism inspired the best in each of us. And when we see injustice to one, we act to fix it for all. This is our story. We journey together. We stand in the breach to preserve a way of life that while imperfect, has brought prosperity, honor, and dignity to generations past and will for generations to come. Four years ago, we faced a historic crossroad. Career politicians promising change every election. But delivering emptiness. We chose a different path. A man who was not a politician. A man who cares. A man who loves america. And all americans. A man who works works tirelessly for you. Even tonight
Announcer ladies and gentlemen, please take your seats. The event will begin momentarily. Announcer ladies and gentlemen, please give a warm welcome to the chairwoman of the Republican National committee. Hello this convention will come to order [cheers and applause] 2020ates, welcome to the Republican National convention. Offering todays invitation, invocation, please welcome from vermont, j sheppard. Thank you, ronna. My name is jay and i am a republican. I am also a catholic donald trump republican. By the grace of god, i am an american. So let us pray. Thank you, o lord, for all the gifts you provide us, not because we deserve them, but solely through your grace and mercy, let us acknowledge the many gifts that god has bestowed upon us, starting with a president and Vice President that reflect the values of our founding fathers. And are willing to fight for those values, starting with life, knowing that all life is precious, from conception to natural death. There is no choice to f