Exactly mean for your money. What does it mean for your money . We have that coming up. Brickandmortar retailers are finding a way to beat back amazon so should you give them a look. President trump is saying he is battling for election inan integritity as his team battles. We are ric grenell coming up on making money. Another. Charles another intriguing session with major indices belying what is going on. Major indices slightly in the red. I got to tell you the session began with sort of two groups sitting it out and that was communications and Technology Stocks. That signaled of course this continued rotation into what im calling the normalcy trade. Then in the last hour or so the tenor of the session sort of took another turn where you started to see those sectors that signaled classic defense as lower. Utilities, real estate, consumer staples, all sort of drifting. Both scenarios have a clear message that investors are a lot more optimistic about the economy which means a broader r
Parler is alternative media site for those who feel the other big boys are blocking them and making life very difficult. His take on the attack line of the some of the biggest social media concerns in the country. How he diffentiates himself. Jon taffer, bar rescue fame. Had a interview with the president of the United States. The president making it very clear, that he is concerned about the same things john is. Take a look. Are you looking at another round of ppp . President trump yes. What type of provisions what type of time period are you looking for in that . President trump we did two rounds plus. They are very powerful, very strong. It worked out good but nancy pelosi is just tapping everyone along. Neil all right. The ball is not really moving forward on the stimulus stuff. If youre expecting it right now, the latest musings out of nancy pelosi, well she thinks joe biden will get elected next tuesday. Meantime we had a very, very strong Third Quarter gdp report, beat the estim
Tuesdays election. Were expecting to hear from him any moment now. We have a big show. All that and much more on making money. Charles so this morning the Financial Media fixated on the rising covid19 cases in europe, new lockdown, potential lockdown measures might eventually come to the United States and you know i think there is a whole lot more spooking this market, including reaction to a repo tension biden presidency. Think about this after the Consumer Confidence came out yesterday below estimates, that was 10 00 a. M. The early result we saw in the market faded, by the end of the session selling picked up. S p was at 3406. That was the session high. It held as resistance and then we went do you and the dow was 27,689. The high from the session straight down from there. It wasnt just that the headline declined but a sharp drop in swing state confidence. Florida wept from 114 to 110. Michigan 124 to 119. At moment i still believe President Trump will pull this out. If he doesnt th
Have congressman andy biggs. After the mess from the first president ial debate. I wanted to learn more about policy. Many feel america lost i would like to see another debate with a different formality. Our Political Panel will weigh in. All that and so much more on making money. Charles market rally today might not have been with some expected after last night but there are a number of moving parts that actually matter more to the stock market, right . The economy is probably more important than the debates. Heres the thing, folks with, very a string of positive Economic Data pouring over the last 24 hours. Yesterday Consumer Confidence saw the biggest drum in 17 years. Chicago pmi jumped to levels not seen since 2018. New home levels highest ever really. Adp jobs report, 749,000 private sector jobs added last month. Sectors closely associated with overall optimism and election out comes. 60,000 in mining, 60,000 in construction. 130,000 manufacturing jobs. Street holding out hope th
Bonds elsewhere in the world. Thechinese yuan weaker than dollar after the pboc trying to rein it in. Lets go back to that stimulus stalemate we have been talking about. Remaining deadlock in washington, with President Trump and House Speaker nancy pelosi blaming each other over the lack of progress. The president has sent shifting signals on the amount of stimulus he wants. Pres. Trump republicans want to do it. We are having a hard time with nancy pelosi. She thinks she can influence the election. I think they are hurting themselves by not doing it. Kailey joining us now is kevin cirilli, bloomberg chief washington correspondent. What are the odds we are going to get a deal before the election, and if we do get one, what are the odds that it can actually pass the senate . Kevin in terms of the reporting i have done, i think there is a high likelihood there will be a deal by the end of the calendar year. Whether or not it happens before election day, that is a large unknown. To be can