Covid19 relief bill is reached. Can moderates in both parties save the day with their own version or are they too far apart to compromise . I will ask republican congressman andy biggss. That and sew much more coming up on making money. Charles so, folks the major indices bolted out of the gate this morning. There is still tentativeness. You see financials down, work from home stocks, trending a little bit lower. After a sharp pullback, in fact the fastest correction in nasdaq history, the question is, is the worst over . Plus key sectors of the economy continue their quick growth. Where to invest for the housing boom, the manufacturing rebound. Also this hot ipo market has many salivating but some wonder if it is good or bad news. So many questions, so lets get the answers. I want to bring in Devine Capital ceo dani hughes, bellpointe chief market strategist, david nelson and courtney dominguez, advisor pour payne capital. A group im not affiliated with. Dani is the worst over . That
Now watch from the east up around sacramento. Watch these orange colors start to come in overnight tonight. Right there. See that filling in . Midinsightmidnight . And then here about 6 00 a. M. This is above 1,000 feet. Most people wont notice much wind, but its a dangerous wind in that theres fire. And the orange area adown the Santa Cruz Mountains, that area will see some wind and also the east bay hills. That looks like the worst spot, it will be that north bay. Im not expecting 70 mile an hour winds. Im thinking a few hours of winds around 25 to 35 miles per hour, and then quickly, by tomorrow afternoon, the winds slow down. Okay . So its worth keeping an eye on, because any wind in this pattern is scary. Ask well have a spare the air alert tomorrow. The air quality will not get better until those fires go out. When i come back, julie, well look at the forecast highs and some of those records. It is miserable out there now. Thank you, bill. The extreme heat sent people in San Fran
From. The german language. This keeps me a little push maybe to interrupt lets say you want to know their story. Its worth fighting and reliable information for migrants. As the world focuses on fighting off a virus and you deathly threat is emerging. Lockdowns around the world have led to labor shortages supply Chain Disruption as a reduction in international trade. The result less available food. And less money to pay for it. Its a deadly combination and weve got to act now and weve got to be smart and weve got to thread the needle you cant you cant just deal with code by itself or hunger by itself they must be dealt with together. If we do it right we can save lives if we dont do it right people with. The coronavirus and world hunger now one crisis is fueling and. There are warnings the world is on the brink of a hunger pandemic have a daunting is threatening to push millions into starvation oxfam says combined with conflicts inequality and a Climate Crisis the pandemic has shaken a
Benefited from the stay at home trend, both popped into the open both have gone lower all day long big swings and stocks are set for the second straight week of losses the s p 500 just fell through the 50 huday moving average. 59 minutes to go on a volatile day, week, and final hour of trade. The s p 500 is flat right now. Fwha but that belies the volatility that youre talking about. We have a big lineup on the show coming up, the ceo of kroger will join us on the back of the companys strong Earnings Report better than expected guidance as well plus, labor secretary Eugene Scalia will be with us to discuss the job situation in the country and the renewed push by some companies to bring workers back to the office and one brookings economist has a bold idea to get america back to work and speed up the recovery pay people to have a covid19 vaccine. But lets get straight to the market another wild session to close out a roller coaster week. Mike santoli is tracking all of the action today
Start by bringing in rob vos from the International Food policy Research Institute in washington d. C. Whats the world got to do to save these people from salvation. Good morning 1st or thank you for having me on the show. To fame so i would say 1st to keep distance function in mr coverts my chain the maverick now the world has managed relatively well to keep managed by a change function but we should many disruptions well particularly in a parishioner spiritual truths goals here are products and actually most here is not in countries the 2nd just to get it will where money in the pockets but surely cant buy enough fruits we project that about 250000000 more people could fall into poverty and who will not have enough money to buy any. So what are those contrails that. Facing these problems the most doing to support those in need if it comes down to. A full incomes and people falling into poverty. But the most effective areas those that are already before covert 19 suffering from hunger