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Rich Americans keep borrowing, defying economic gloom

Bank of America and Morgan Stanley recorded double-digit growth in loans to wealth-management customers in the second quarter

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Transcripts for FOXNEWS FOX and Friends Sunday 20220327 11:36:00

Costs, heating costs. we ll talk about the policies that got us into this place, get us back to energy independence, more supply, lowering the costs at the pump. putting more money in the pockets of americans. will: duffy family is helping american independence. fighting during the commercial break, whether or not sean can get, what, an ev? rachel: electric car. listen pete: i m with rachel. make one quick point? this was not about electric. this was looking at tesla only for the safety reasons. looking eight months ago. will: right. i think they re safest vehicles, best technology. now all of sudden we have explosion in gas prices and joe biden is pushing evs, rachel is like, hell no, we re not get an a ev. we like gas. we drive a suburban, ford f-150. 14 mills per gallon. it is expensive. a lot of kids. i can t drive a prius.

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Transcripts for FOXNEWS FOX and Friends Sunday 20220327 10:25:00

Up, at least inflation go up 10%. people feel it. they see how quickly prices change at the pump, the grocery store. the shortages, by the way at the grocery store, things you can t find used to be able to find in america, things are getting bad. will: charles payne talks about how rare it is for americans to be this pessimistic. watch. had a report from the university of michigan and this is really amazing because, between them and the conference board the most trusted confidence of reads every single month, they have been doing it for decades. people said, their standard of living gone down more than any other time except for the two worst recessions in the last 50 years. in america we expect our standard of living to increase. even in the lower income bracket, you expect during your lifetime, if i m at the lowest, i get better. i can build a platform. my children move higher. very rare when americans say their standard of living is declining. rachel: you, by the way the

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Transcripts for FOXNEWS FOX and Friends Sunday 20220327 10:15:00

Final against houston despite getting a 50-44 win, justin moore went down with a leg injury going down seconds left in the game. unclear if he will play in the final four next weekend. duke is headed to the final hour, with 78-69 win over number four arkansas. mike krzyzewski going to his 13th final four. clay travis will join us live later in the show for more on march madness. those are your headlines. will: looks good. still ahead, biden versus the billionaire. the new tax rates, or billionaires plural. because these new tax rates proposed are expected to take aim at rich americans. rachel: talk about a candy crush? how inflation could make easter it a little less sweet this year

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