The day theres things. We dare to ask. This of both of us the one business show you cant afford to mess im fair minded fair fair and washington coming up markets are reacting to find other Trends Health is improving and his tweet just hours ago as well as hoped for more simulate we have a panel fanning by the Airline Industry and hoping for another thing well fail out but will the industry both passenger confident after administering. Overbanked team tests have a lot to get started. Internal documents reviewed by bloomberg show exxon mobil is planning to increase annual Carbon Dioxide emissions the documents revealed exxons output will be the size of the entire country of greece in a statement exxon said these projections are an early assessment that does not include additional mitigation and abatement measures that would have been considered the next step in the process adding the same planning document illustrates how we have been successful in mitigating emissions in the past this comes as rivals b. P. P. L. C. And royal dutch are moving in the opposite direction this 2 to curb oil and 0 emissions the internal documents also show exons 210000000000. 00 Investment Strategy yearly emissions its expected to rise 17 percent by 2025. Days after testing positive for a covert 19 President Donald Trump took to twitter and confirmed hill will be released from the Walter Reed Medical Center on monday evening stocks are still rising this as u. S. Lawmakers seek to end the ongoing gridlock that has kept them from passing that 2nd stimulus package arties Rachel Blevins now live from walter reed with the details rachel. Yes sarah president trap is now saying that he feels better than he has in 20 years after just a few days of treatment here at the Walter Reed Medical Center now even though it is to be released monday night there are still concerns for his condition moving forward considering the fact that it has been less than a week since he was tested positive for cold but not seen now in the same way that we saw the markets react to his diagnosis last week for now also in memory once again to all of the optimism that is coming out of the white house as a result of that on monday the as you 500 was up 1. 7 percent the nasdaq index climbed 2. 2 percent and the dow jones and. Average was up 1. 6 percent and theres also been a lot of optimism surrounding democratic and republican lawmakers and whether they will finally be able to come together to put out yet another stimulus package now House Speaker nancy pelosi is saying that progress is being made we know this week that the senate is expected to take a vote on a bill and they say the bill will include a 105000000000. 00 for education 16000000000. 00 for coven 1000. 00 testing 31000000000. 00 for Vaccine Development and 15000000000. 00 for child care grants now its not clear yet if that bill is going to be the magic one that passes and get support from both sides considering the fact that the numbers in it have been heavily criticized by democrats who say that republicans are doing the bare minimum for the American People now meanwhile out here at the Walter Reed Medical Center behind me you can see that there are crowds of supporters that are out here for President Trump theyve been out here every single day and on sunday he decided that he was going to join them in a way by taking part in a motorcade parade now president europe was seen in the backseat of a car wearing a mask and waving at his supporters and not move to a lot of criticism for many who questioned whether the secret Service Members involved were truly being taken care of and provided for and whether they were at risk as a result of those critics included in attending physician at walter reed who took to twitter to write every Single Person in the vehicle during that completely unnecessary president ial drive by just now has to be quarantined for 14 days they might get sick they may die for political theater commanded by trying to put their lives at risk for theater this is insanity now were just a few weeks from election day here and we do see trump really trying to show strength in the face of this coded 1000 diagnosis and we know that we will continue to see mounting pressure surrounding both his health and whether or not lawmakers are going to be able to come together to pass this do. Package anytime soon reporting from outside walter reed great job of an art scene. From our we are turning to the partner and director of trading at research and education for market gave dot com Michelle Schneider and Euro Pacific Capital c. E. O. Peter schiff michelle lets start with you both the United States and global starks stocks that they are reacting to trumps improving Health Condition now leaving the hospital on expectations also that washington will reach a deal a stimulus deal what do you expect to go on this week. Well 1st of all nice to see you again sara one of the its very interesting is we have to sort of break the stock market down into different pockets so what were really getting the most today in terms of the sectors was the biotechnology space and that has really very little to do with the stimulus and a lot to do with how quickly trump at least has perceived to gotten over the symptoms and of course we know part of it was the cocktail that hes receiving using part of the to regenerate on drugs but hes had other drugs as well so the hope and incentive occasion for the Drug Companies to continue with symptoms that they can deal with and vaccines is very strong and that really helped the market as well as that whole biotech space as far as the rest of the market Trumps Health may have had not as much to do with it as not only do the hope of the stimulus but also sort of banking on potentially a biden way and is what the market looks like its reacting to because starting friday even though the markets swooned with the announcement of trump being l. The small caps the transportation and the Retail Sector what we like to look at as the real inside of the u. S. Economy actually will close green and those gains continued again with even though the nasdaq in the spying the dow closing up the idea of the un which is the russell 2000 closing up Even Stronger so yes theres part hope on stimulus there is. Part obviously good news about Getting Better and of course proving to people that maybe its not as scary which is the message she wants to deliver and then youre also part of the polls in the i didnt win and what that means for the overall economy Going Forward well its interesting because the polls had Hillary Clinton winning 2016 so a lot of people skeptical to even believe the polls at this time peter youve been very doubtful that another round will get done before elections where less than a month away from them has that viewpoint changed or do you still think the market is bubbling up on this false hope. Well its certainly possible that we can get another round of socalled stimulus but none of this stimulus actually helps the underlying economy and it doesnt do anything to increase productive output of the economy it does stimulate the markets and makes stock prices go up so clearly there is interest for that but that doesnt help the actual economy all it does is the base the value of our money we very well may get another one of these phony stimulus is before the election but i think the prospect of a Biden Victory is decisively negative for both the economy and the stock market the only Silver Lining in that cloud from the perspective of the stock market is since the economy will be so much weaker underbite in that the fed will be called on the do even more monetary stimulus so theyll be a lot more inflation create a lot more money printing in a biden ministration at a trumpet ministration although were going to get a lot of both regardless of the outcome but will probably have even more of a if if biden wins than trump and so that could provide more fuel for the stock market bubble but remember taxes on corporate earnings are going to rise substantially not only at the corporate level but on the individual level because corporations are subject to double taxation so were. Talking about massive increases on corporate taxes effective tax rate that substantially reduces the value of those corporations so its going to take a massive amount of air to blow up a bigger bubble given that the fundamental value of stocks will be so much lower on or biden that would be the case under trump well michelle you mentioned at the the election coming up and that the markets are reacting to the polls in a possible Biden Victory but were weeks away from that election and much like peter just mentioned wall street is going to to possibly see these higher taxes and even tighter regulations now others are saying much like peter also said the fiscal stimulus there would be more of it under under biden and that would sort of help stocks what do you think. Well i think its really difficult to make any kind of assumptions of whats going to happen and whos going to win but i do believe we can look at the market right now and as of right now with wyden ahead in the polls whether its a real or a mirage and given the fact that its no secret that corporate taxes will go up as i said the u. S. Economy in terms of what were looking at in terms of the small caps which is the manufacturing within the United States its not these large corporations transportation which of course is the demand side of the economy how goods are moving and retail based on the fact that we are a consumer based economy given its a huge percentage of our g. D. P. All have rallied over the last 2 days could it just be sort of a rotation after there was too much money in this in the tech sector in that sector and thats come on its possible that all reverse biden actually wins and also possible but i think theres one other thing too that it really doesnt matter one thing i actually totally agree with peter on is about inflation if the dollar track continues the way its going which its been going south and the fact that theres been so much shorter just terms of food was supply Chain DisruptionClimate Change whether you want to use that term or not it just is a fact that. The food is the shortage around the world right now china actually has employed a clean slate rule now where half portions are being given at restaurants this will create a possible inflation which could turn into a stagflation which means both the democrats and republicans will have very little tools to be able to do to avoid that so the dollar is something that i would keep the very the guys on right now no matter who wins well seeing the dollar peter we just saw a rise in gold prices on a weaker dollar right now theres been this long term cycle where gold actually tends to bottom out every 8 years or so i believe the last low we saw was in 2016 so we wont really see one or the next one until 2024 does that mean its only going to remain going up from here. Why the gold is now building a new basis of chord around the old all time record high we know we got up to 1900 back in 2011 and then gold sold off and pulled back down to earth 1000 but now weve really broken through those highs and i think once we finish building this new base of support gold is going significantly higher and yes in that same environment the us dollar is going to lose a lot of value not just in terms of gold where well lose the most value but in terms of a lot of other currencies that will lose less value than the dollar and so that does mean the cost of living in the United States is going way up and so you know people who are staying at home and who are living off of government checks those checks are not going to buy nearly as much because the price of everything they need to live is going to be getting higher and higher and higher so the value of those benefits is going to go lower and lower until ultimately if we completely destroy the value of the dollar and we have hyperinflation then none of that matters it doesnt matter how much money the government says you if you cant buy anything with it so matter how much money the government sends you or what party that money either way were looking at a lose lose situation here Michelle Snyder director of training education and research at market gauge dot com and peter schiff of Pacific Capital thank you both so much for your time today. Thank you or your. U. S. Airline industry is looking to test passengers for covert 19 and hopes of bringing life back into the actual in the street well since a crown of iris emerged air travel has dropped by 70 percent in the u. S. And from believe testing might help people gain that confidence to fly once again arties Alex Mahela Todd the story with hundreds of planes grounded. U. S. Airlines are hoping to take off once again by implementing a new coronavirus strategy the industry is planning to make over 900. 00 tests available for passengers before they board Flights Airlines including united american alaskan and jet blue have announced programs which will offer mail in tests that will be sent to passengers homes or rapid tests at airports hopes are by implementing testing passengers would feel more confident to fly while lifting the need for travel restrictions and mandatory quarantines in the states many are seeing this as a possible lifeline for the Airline Industry which has been ravaged by the coronavirus september 30th was the last day of a 25000000000. 00 federal bailout package which assisted with payrolls in the industry and the airlines were hoping to see a new pandemic plan take effect last week the republicans are blaming the democrats for the lack of action which just days ago caused the fertile of more than 32000 jobs combined at united and American Airlines nancy pelosi has said numerous times that she would keep us here to get it done that was in july. She made his way all summer but who did she really make way Small Businesses that have now declared bankruptcy are those people that are employed by them there are now out of work for those at their unemployment do not get the extra benefit or what about the airlines could she not see past politics for once politics aside it is estimated that the u. S. Airline industry supports approximately 10000000 jobs and accounts for 1. 7 trillion in u. S. G. D. P. While not necessarily a solution the idea of using covert 900 testing as a way to boost the Airline Industry is not new and has become commonplace in some countries for months france germany and iceland were among the 1st countries to announce covert 900. 00 testing for passengers their airports in russia a diagnostic test is being offered at one of moscows Biggest International airports with results being returned within an hour and talking about russia that country and finland have kicked things up to another notch by introducing mans best friend into the mix finland has already deployed dogs in helsinkis International Airport to sniff out those with covert 1000 in less than a minute at a 94 percent accuracy rate according to some studies while in russia dogs are still in training live with the rickover we have 2015 were in dog i believe will have the 1st read all of them by december concurrently there is not a single test that offers 100 percent accuracy the rate at which the tests fail to detect the virus in a person who is actually infected known as a false negative rate ranges from 2 percent to 50 percent depending on the test never mind the concern for false positive results at the facts that people who are tested a few days in advance have time to catch the virus before flying and that testing is optional it is obvious that the danger of catching corona virus on a flight is not gone in addition the tests are pricey in the us they cost between 80. 00 and 250. 00 while some Health Experts hope that a quick and accurate test will be made available at airports in the future for now they believe that even if all passengers on a plane are tested masks and physical distancing should still be recommended the latter being quite difficult in a plane full of people for boom bust im alex mileage. Prime now for a quick break but fail here because the return young. Going saga between the u. S. And to talk continues but there is a new twist on post the social media trick dead well discussed next and as we go to break here the numbers up close. Was a pandemic no certainly no borders just blind to nationalities. Summary. Judgment commentary classes at least. We can do better we should be. Everyone is contributing way but we also know that this crisis will not go on forever the challenge is create to respond. So many good people are helping us. It makes us feel very proud that we are in it together. This. American citizen that he didnt want to talk to. And attack the other. Guy and. I would vote for a republican i would vote for anyone not you think and how it would bring their defeat. The future yeah. Yeah my 2nd wife. She could handle it. All she and i divorce because our trouble is what the president and i floated for him and she clenched and. When the ball is too important election. In our history list of the months to go before the next pre