Much. Good afternoon, everyone, im charles payne. This is making money. Breaking right now im in las vegas where it is always hot outside. Luck can run hot and cold inside that is the same thing with the stock market feeling the chill after a blistering rally. Bulls are getting cautious. The bears are shouting louder than ever. Well look at all sides, folks. Social media buzzing over the barstool story. Penn gaming did the right thing. The question what does it mean for the mouse house . Disney reports after the close. Well handicap that for you. The wage price spiral is it a myth or the biggest risk to this economy . Im separating fact from fiction with art laffer and peter same on. My take on young men getting kicked to the curb. It is socioeconomic story with jack brewer. All that and much more on making money. Charles listen, i believe, im a big, big proponent that rallies have to be tested from time to time and thats when you really get the confidence. Everyone talks about buying
James waking up at 08 00am with a live look here at sfo behind us will get out there in a few minutes with kron fours michael one of the big stories, which is the maui fires and evacuations, right . First, we want to take a look at the weather. Were inching near the weekend. And it seems like weve weve. Were told when to routine these gray mornings and sunny afternoons. Yet been definitely a routine the past few days cooler than what we had seen this past weekend, too, which is at least made your afternoons a bit more enjoyable to step outside that sunshine where were at this morning. Yeah, theres the gray above the embarcadero right now. And were right back to some of those foggy conditions at the coastline. I turned windshield wipers a time or 2 this morning. Expect the chance of that as well as youre heading out there. Current temps are familiar yesterday. We were right here 50s and 60s. But after today and tomorrow, there are some changes that it involves getting a whole lot hotter
200 a day are showing up in a city of 11 million people. These insane border policies are destroying our country and bidens asleep at the wheel. Inflation is still with us. Its not going down as fast as wed like, but it is increasing at a lesser rate. I think we have one more raise. Inflation is proving sticky. Come down a long way. Still have a long way to go. Im a big believer not in the fed but the free market, and i think the bond market will tell us everything we need to know. If yields come down, thats going to tell us things are better. Stuart i got to ask you about taylor swift. Love her. Stuart yeah, really a big fan. I respect her. She stayed true to herself, great music and ive been a huge fan and i love the community. Stuart one of my favorites. I better not sing on camera. Weve got a rally and its thursday, august 10. First a fox business alert. Virgin galactic launched first ever Space Tourism flight. Its a space plane, and its expected to detach from the careerer in roug
And by you, of course i mean me. Thats why every year i like to hold a day of atonement to help you learn for my worst mistakes, tonight i will demonstrate how we can all improve by examining a number of calls on mad money and travel trust, explaining why they occurred. And what you can do to learn for me and do it better. Here are the biggest errors i see made, how i will vow once again to try not to make them even as different ones pop up to haunt me. Most of the thing i do wrong these days are not rookie mistakes, its rare now that i suggest a quick trade and it goes awry because anyone who has watched the show knows that i have moved away speedily against trading. Its been most of my time trying to show you investing, i have come to dislike the suggestion of daytrading, quick trading, i think it will hurt your chance of making money. Its wrong to trade unless you are doing a fulltime job and even then, i would not recommend it. Our mistakes really have to do with not doing homework
And although i will no longer be a candidate, i will not stop using my voice for the things i believe in. In all likelihood donald trump will be the republican nominee when our Party Convention meet in july. I congratulate him and wish him well. I wish anyone well who would be americas president. Our country is too precious to let our differences divide us. That was part of nikki haleys speech yesterday announcing the end of her president ial campaign. It means we are now 242 days away from a rematch between President Biden and former President Trump. But today the focus shifts to washington and President Bidens state of the Union Address. Well go through what hes expected to say tonight to congress and the american people. And meanwhile, on capitol hill lawmakers appear to have another deal in place to avoid a partial Government Shutdown. But speaker johnson again needed support from democrats to overcome dissent from within his own party. Good morning and welcome to Way Too Early on