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
Formula is to get the gears of economy running again. Well hear from new york governor andrew cuomo, heads of neighboring states on their plan to reopen the region. Last week was our America Works together virtual town hall where we answered your questions. Today we answer more, including responses from the administration. All that and so much more on making money. Charles well stocks are turning lower today as the market enters earnings season. We expect bottom line disasters and very little guidance. How of bad news is already baked into the market . How should investors handicap this market Goldman Sachs now says has in fact hit a bottom . Lets bring in Capital Wealth Planning chief strategist jeff saut, along with Gibbs Wealth Management cio erin gibbs. Erin, let me start with you. Enough has been done between the stimulus from the government and maybe whatever else but now goldman says the bottom has been put in. Well i think, you know, theyre still saying we could test the lows a
We have that and a whole lot more on making money. Charles major indices in selloff mode this morning with most testing key support points. Many are bracing for this. Many are hoping for a pullback in a long time. How does an investor know when it is overdone . I want to discuss that with Gibbs Wealth Management cio erin gibbs and liz young and Capital Wealth Planning jeff saut. Let me start with you, liz first because youve been kind of feeling like okay, wall street has been talking up this day for a few weeks, perhaps over a month when it came. Were at this moment. Where do we go from here . Leading up to this day weve been saying the risk for disappointment was pretty high. The shanghai composite was down only 2 before this. That didnt seem like enough. Markets in the u. S. Rallied through the beginning of the year. Didnt seem like there was enough after pullback. It felt like it had to be shakeup. Charles everyone agreed there wasnt enough of a pullback and you couldnt get the pul
All that and much more on making money. Charles an indifferent session became one of high anxiety and selling. There is debate what is impacting the market most. First the World Health Organization held the coronavirus update, noting that iran finally reported numbers of those infected including two deaths. The doctor portrayed a race against time arguing the window of opportunity to contain the virus remains open. He urged everyone not to squander the chance to arrest this situation also noting that the window may close. That coupled with reports that u. S. Hospitals are gearing up for a pandemic triggered the selling. Then there were also comments from fed vice chairman Richard Claire reed today, who threw cold water on potential fed rate cuts this year, noting that the u. S. Economy is strong and in his opinion most Market Participants dont expect rate cuts this year. Weve got some major Market Participants who will weigh in on that. Meanwhile the selling is swift and has since stab
Progressive wing of the Democratic Party. What that means with just 18 days to go before iowa. What is tom steyer doing there anyway . All that, so much more, on making money. Charles major wins for President Trump this week. The senate approving the United States mexico Canada Agreement today one day after the historic signing of the trade deal with china. They are say the farmers are happy with the china deal and signed to be sign deal with mexico and canada. I think they will tack massive incoming tariff money and use it to help them get through tough times. First interview since usmca ratification, white house. Peter navarro. You take a bow. You give credit to President Trump. Admit, you were a driving force, monumental force, a whole lot of people outside or inside the administration did not foresee these victories. I tell you what, chars, i dont know if you remember this, july on your show i predicted 30,000 on the dow if usmca passed and we had lower Interest Rates. Have me back