Testing the alltime highs any day now but you still have to be selective folks im going to explain that to you meanwhile as biden climbs in the polls what does it mean for investors or will comments like these make it impossible for the democratic nominee to win in november . Were probably anywhere from 1015 of the people out there who are just not very good people. Charles ouch the 2. 0 and defunding maybe eliminating the police thats the latest rally call how will this play out in november and what will the police state actually look like . I wouldnt be around to find out but well ask President Trumps attorney, jenna ellis. Weve got a jam packed show for you on making money. Charles you know folk, i started on wall street in 1985 one of the first lessons that i learned is you listen to the message of the stock market and inform about the future of the economy, and in fact, probably better than any other source out there, and if youre wondering about whats the next six months are goin
Marketing your money. Plus as mentioned, we are waiting, to hear from the white house. First the briefing from the press secretary in over a year a used to be a daily occurrence. We will take you there live when that begins. There is a shot up and theres the podium and the press secretary Briefing Room. Millions of workers around the world marking mayday today with protest, not only for the working conditions but for relief on things like rent as the Unemployment Rate skyrockets. We will have a live report, all that and a lot more coming up on making money. Cheryl wall street suffering a deep selloff as we await, we have the wide picture right there, theres the Briefing Room at the white house, the first formal press briefing that weve had, more than a year, 2 00 p. M. Eastern time, the good old days. This is her second week on the job, the press secretary expected to take questions obviously on the coronavirus outbreak and President Trump threatening the use of tariffs against china.
Infections soar at Meat Processing plants across this country, many are wondering will we face a meat shortage soon . All that and so much more on making money. Charles a major read on consumers out this morning not only did the final read for consumers sentiment in april come in better than expected, but it confirms the idea that americans see better days ahead. The read on Current Conditions declined more than 29 . Down more than 40 in the past two months. And then you look at that juxtaposing it for the read for how we see the economy in six months, only down 12 , 22 in two months, it is pretty clear that the consumers and the stock market are banking on this economy reopening soon and the coronavirus continuing to flatten. Many are wondering, though, has the market still come too far too fast . And are consumers and investors being too optimistic . I want to bring in two of the best to discuss this, Wealth Management cio and fox business contributor scott martin, chief investment s
Seeing this as a sign that they do see sort of a light on the horizon here. With all the states beginning reopening, expanding the reopening, it will continue to be good for the economy, even in a staggered fashion. There is that. Were following markets across the board. Even issues with disappointing numbers and earnings, most seem to have factored that in. So well get detail by detail, casebycase, sector by sector. This is a remarkable comeback here. A lot of this buoyed by this news out of Gilead Sciences that its drug just might be the panacea some hoped it would be for treatment of the coronavirus. Way too early to tell that here but certainly a different reaction as that stock soars close to 6 on the day. Blake burman, monitoring developments at the white house right now including the president having a sitdown with the louisiana governor. Also meeting with more ceos and those in the agriculture, meat industry. The president you might recall has said that the Meat Processing plan
Of their foxholes and asking, is it too late to buy . I have great market pros that will help us today. I even have a few thoughts myself. Also, as President Trump is calling on democrats to end their vacations and give more money to Small Businesses, we are going to get reaction from camping world ceo Marcus Lemonis who says Congress Needs to get to work and get to work right now. All that and so much more on making money. Charles the market today being led bisectors breathing a sigh of relief from todays news, the white house guidelines to reopening this nation is giving restaurants, car dealers, all those sort of industries, a lot more visibility but its just many are wondering if its a trading pop or maybe the start of a longterm rally. By the way, what about the winners which have benefited during the crisis . Is it time for us to start closing those out . I want to bring in scott martin along with rob luna. First, guys, todays leaders, these are industries and names that have bee