Your money . Congress is returning to washington for one more attempt at reaching a covid relief deal as Small Businesses all over the country close and for good and more lockdowns are on the way. Well get reaction from california congressmanelect and former congressman darrell issa. All that and a lot more coming up right here on making money. David so moderna is now the Second Company to file for emergency use authorization of its covid19 vaccine from the fda. The company says its vaccine is 94 effective and 100 of its study, kept 100 of its studies from developing severe coronavirus cases but while the world pins its hope on covid19 vaccines there are scientific, regulatory and market hurdles to overcome. Blake burman joining us now to break it all down. Blake, please explain to me this 100 effectiveness against severe cases of covid. How would they know that . Reporter that got the ceo, stefan bonn sell excited. When they went through the phrase three trial but there were 30 severe
It could be given to americans in the next three weeks. And in the battle for the white house today, new data shows just how poor a performance joe biden had in the november election as compared to the number of votes he received. And how many questions now surround the election of 2020. Biden won 212 few or counties than barack obama back in 2012. 212 fewer counties. Yet supposedly he gained more than 13 million vote than did the former president. 13 million more votes while not coming close to the number of counties. How could that be possible . Well, thats a central question, and there are many central questions that go to the integrity of the 2020 president ial election. We will be asking many questions here tonight. Well be exploring what happened and whats likely to happen from here and what really happened on november 3rd and beyond. President trump today acting as if the republic depended on it, pressing republican lawmakers to point out those anomalies and irregularities in th
Gaining. It is time to admit that conventional wisdom has been wrong every step of the way. In this market, patience is not a virtue discipline cluster of fortune. Buying the most obvious stock, well, that has been a strategy that was easy i struggle about how this is possible i am not used to a mark that reward investors being late to the party. We found out moderna has a vaccine that may work better than pfizer. Thats getting off the table we got uncontrol spread over america. And mayors and governors refused to shutdown the bars and restaurants. Those are the main places we are getting infected no, it is at home, jim this pandemic is steam rolling us the prospect of a vaccine keeps on plotting it and shutting everything down. I am sure you are wondering, given the numbers that we see, how is that possible first every now and then there were moments that well stood on our head. Time like these is not sell. You must be willing to suspend judgment how far stocks can reasonably go. Than
Streets of washington, d. C. As his legal team ballots in Court Battles in court all across the country. Joining this evening, a member of the president s legal team and noted appellate attorney Sidney Powell. Also with us this evening Republican National Committee Chair ron that North Carolina daniel and Judicial Watch president tom fitton. Also former congressman Jason Chaffetz and radio host larry elder. All of that coming up. We start with more good news for america and for the rest of the world. U. S. Biotech firm moderna releasing data today from large scale Clinical Trials showing their vaccine candidate is 94. 5 effective in preventing china virus infections. That news comes just a week after another u. S. Company, pfizer, announced its vaccine candidate was more than 90 effective. President trumped today heralding the news and reminding the world that moderna received 2 billion of taxpayer money to develop that vaccine in his operation warp speed program. The president tweeted
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her