Unemployment. Well talk with Eugene Scalia coming up. President trump is set to land at Kennedy Space center this very hour, to watch the historic spacex to become the first commercial company to send astronauts in orbit. We will have discussion with space should telecom mander. Chao. More and on making money. Charles the dow is leading the way all session long as reopening optimism is reflected in this what we call the market rotation, cyclical stocks are doing better as main street gains in the economy. Rotation is also the theme of the week. We saw some bonds into stocks be. Defensive stocks into cyclical stocks that just mentioned. Growth into value, about the big question is can overall value continue to rally as tech stocks head in the opposite direction . I want to bring in kaltbaum Capital Management president , fox business contributor gary kaltbaum. You love to tech stocks. Made a ton of money particularly in chips. Looks like theyre toppy at the moment. Are you moving out of
Place in northern california. We are continuing r ongoing nav today, President Trump signed into law coroa new 484 billion stimulus package. The bulk of the money, 310 billion will replenish the paycheck protection program. This second round of relief also includes funding for hospitals, testing and disaster related votes. Joining me now by skype is a physician and Congress Member cok ress member thyou so much for joining us. Thank you for having me on. Letstart with the paycheck protection program. What about the momandpop shops . U know, what we saw in the first interaction, the first round of 50 billion was the biggd firms that relationships with banks got the bulk of the money. We really wato make sure that these resources got down to the smaller businesses, as you saw the momandpop businesses are really devastated by this. You know, for credit unions, community banks, that s the place where a lot of the smaller businesses come back. Towe also wanted make sure this money didnt go t
Place in northern california. We are uicont our ongoing coronavirus coverage. Today, President Trump signed into law a new 484 billion stimulus package. The bulk of t billion will replenish the io paycheck proteprogram. This second round of relief also includes funding for hospitals, testing and disaster joining me now by skype is a physician and Congress Member Congress Member thank you so much for joininus. Thank you for having me on. Lets start with the paycheck protection program. What about the momandpop shops . You know, what we saw in the first interaction, the first round of 50 billion was the bigger firms that had relationships with banks got the bulk of the money. We really want to make sure that tse resources got down to the smaller businesses, as you saw the momandpop businesses are ally devastated by this. You know, for credit baions, communits, that was the place where a lot of the smaller businesses me back. We also wanted to make sure this money didnt go to hedg and we
A word from the hacks at your Mainstream Media outlets but then just a few weeks ago something significant was said by the deputy secretary of defense Patrick Shanahan it happened in a quiet news dump in a press conference that actually actually began like this deputy secretary of defense so you guys know i came down today reporter to see if we. Just because were murdering people all around the world doesnt mean we cant. Get in. During that silly wacky press conference the deputy secretary of defense casually mentioned halfway through that the pentagon had failed its 1st ever audit the 1st time the pentagon had ever been audited even though it was legally required to do so since the early ninetys. And after shanahan dropped that bombshell heres what followed reporter what part did the pentagon fail in the audit shanahan how about i give you a technical version of that there are a considerable number of areas where we kind of had a pass and then there is some other ones where they went
Also went viral and so did that forbes article yet despite thank you yet despite. 5 the just like all the exact still not a word from congress not a word from the hacks that your Mainstream Media outlets but then just a few weeks ago something significant was said by the deputy secretary of defense Patrick Shanahan it happened in a quiet news dump in a press conference that actually actually began like this. Deputy secretary of defense so you guys know why i came down today d reporter to see if we need to do. This. Just because were murdering people all around the world doesnt mean we can. Get in. During that silly wacky press conference the deputy secretary of defense casually mentioned halfway through that the pentagon had failed its 1st ever audit the 1st time the pentagon had ever been audited even though it was legally required to do so since the early ninetys. And after shanahan dropped that bombshell heres what followed reporter what part did the pentagon fail in the audit shana