Dow. Stocks are having a nice bounce on some renewed optimistic about reopening the economy in various states of the nasdaq closing in on going flat for the year oil is up on signs of gas repairing. A general believe in a Third Quarter rebound has some exists warning too much optimism too early. For that we will turn to steve lease man. Carl, good morning. The rapid update does indeed show this historic, unprecedented Second Quarter decline. A Third Quarter rebound. And i want to talk about that. The Third Quarter rebound is even more ingrained. Stocks trade on this idea after we get through the Second Quarter, you will have a Third Quarter rebound. Down 34 after minus 6 . Up 16 in the third. Up 12 in the fourth 7 in the first quarter. Not enough to make up for the year where the average of our 11 economists is 5 decline but take a look now at a bunch of outliars. They are contrarians on the street on this Third Quarter rebound. The q3 rebound bears bank of america, minus 1 . Rsm up ju
39yearold Virgina Arteaga was taken in for questioning and then arrested. She is accused of murdering her son and planning it. The shooting arose as a Domestic Violence situation. They are not sure when he was shot. The police have no history with his family. And never satyr was a neighbor was devastated to hear the news. He was a wonderful young man. Reporter another neighbor was equally in shock to hear and mother accused of murdering her son. It is a travesty and i pray for that family. Jim police have been waiting for a search warrant all day. Once they get inside, they hope to clear up more of the unanswered questions. Meredith the 15yearold accused of running down a sheriff reporter Orange County sheriff ce courtroom. That is what Jancarlos Ortiz accused of, trying to kill the deputy. She tried to arrest him on burglary charges iron a morning. The formal charge she is facing is attempt did murder on an Law Enforcement officer. I got the stitches out a little bit ago. Reporter als
Biden accused by foreign officials of siding with tyrants or friends to appease his radical base. Almost overlooked today is new backlash against the president on this the fortieth anniversary of americas seminal abortion ruling, the white house putting out a statement declaring the biden harris it ministration is committed to codifying roe v wade and appointing judges that respect foundational precedent like rope. That brought reactions from prominent catholic groups like present biden and Vice President has released a statement on the fortieth anniversary of roe v wade calling it foundational. Wrong what is truly foundational is the right to life of every american as stated in the declaration of independence. Mister biden and nancy pelosi taught their catholic faith in the catholic that was evenly split in 2020. Pelosi telling Hillary Clinton who voted for mister trump sold out democracy. Then you take the abortion issue and many of these are very good people, it is just there point
Coverage of national and international news, including breaking stories. Putin meeting all around us in that setting. But they are also hearing the president in very few words undercut the investigation. The president also hit some other big topics like the border wall and of course smacking the media. Heres some of the highlights. Were fixing walls all over the border. And were going to start to get very nasty over the world. Anything i want, they want to oppose. I just figured out how to do the wall. Ill say, i dont want to build the wall and theyll insist on building it. I just figured that out right now. They can make anything bad. Because they are the fake, fake disgusting news. So fake, fake disgusting was a sort of updated iteration. There was cheering and jeering at us in the work area that is
the president getting funding for the wall. Remember, a Republicanled Congress has not supported the president in funding such an endeavor. Joining me to discuss, matt miller, an Msnbc Na
Staff, the Senate Finance committee and the house ways and Means Committee, and the staff of the joint Tax Committee are by far the leading experts on taxation in washington and the chief of staff of that staff on the joint Tax Committee is simply regarded in awe by all members of the staff of the tax writing committees. And so i am filled with awe tonight and very excited to have george yin with us tonight. He was actually hired by republicans to run the staff of the joint committee on taxation. There is usually depending on which party is in power, democratic chairman of that committee or a republican chairman of that committee, it was always a republican in george yins time, but the staff of that committee is always considered nonpartisan. It isnt even bipartisan. Theyre nonpartisan, they are completely trusted by both sides. And george yin has actually written the definitive article on the tax writing committees Legal Authority to obtain the president s tax returns, and so you are