About how his company is positioned. And speaking of 5g, the chip industry stands to benefit from it all i talk to a guest on everything from trade to more. First, Steve Mnuchin downplayed the chances of a stimulus deal before the election. Lets get the latest on Market Movers with abigail doolittle. Emily it was another topsyturvy day and officially a bearish reversal third stocks open higher prior to Steve Mnuchin getting those comments around stimulus target to reverse lower. Once those comments were out, a stronger leg down to investors a little unnerved by the idea stimulus may not get done the election but there are nuances suggesting maybe some of the skinny deals will get done. 7 the500 is down nasdaq down. 8 . The data transport really helped out by the airline. Perhaps again on hopes around the idea that some sort of deal for the airlines could come through even though some sides are saying that cannot happen. Crude oil also happening so you could bring in the idea of a reope
Woke hypocrisy . That and much more on making money. Charles all right, folks here is what i think are three main reasons for todays steep sell i dont have. Stocks got too expensive, short term, bottom line. Last week we saw the stock market put it in the best 50day rally in it history. Guess what . It only got stronger. It got parabolic. That is chance that weve seen best 60 days ever and pullback was way overdue. Second, the Federal Reserve refused to lay out concrete ideas how they provide extra hope to prolong the recovery. Wall street wanted more about bending that yield curve. Third, investors are waiting to see how much cash begins to circulate in it economy. I want to bring in two of my favorites, wallser, rebecca wallser and keith fitzgerald, principle his group. Keith, before you start, from march 23rd to the peak this week, s p was up 45 , dow up 47 and nasdaq up 46 . I like to remind people occasionally markets go down. Thats the thing. They stink. Theyre uncomfortable. Its
Twitter shut down 32,000 accounts tied to china, russia and turkey for manipulating the platform. This after joe biden called out facebook for failing to curb misinformation and not taking a stand on political speech, oed i many who watch the by many who watch the social network. The company spends a lot of time outlining Community Standards they are supposed to enforce against all users, and when one particular user comes along who happens to send his posts from 1600 pennsylvania avenue, theres a different standard. In a lot of ways, facebook is too big to fix right now. Facebook has 2. 5 billion users around the world constantly posting in more than 100 languages. That is a system too big to govern. You have one young white man who has one experience in this life who has the control of billions of people, what they see and view. It is wrong. I dont know if he is drunk with power or simply just in a bubble. Us is someone else who has an opinion, roger an author. Ive got to get your te
Recently decided and are contentious from the court. Senator harris and you have been on the bench a short time, i will point out that i do believe and commentators have noted a pattern you have of ruling against worker necessary favor of corporations. For example, in buloca, you ruled against workers. You ruled against delivery drivers seeking overtime pay, forces that court into private arbitration. In harris, the yrc worldwide, you ruled against four black Truck Drivers who allege their employer assigned them less desirable routes when compared to colleagues and department of transportation, you ruled against a black worker who was called a racial slur by his supervisor and you go on, according to an independent analysis, it appears you have sided with business interest over workers and consumers in about 85 of your businessrelated cases. Moving on. Climate change, as many have mentioned is a threat and effects are all around us. In california, weve had five of the six largest wildf
Practices of the biden Family Business. For but first take a step back and listen to what joe biden said about his involvement as it relates to its Sons International business dealings. How many times have you ever spoken to her son about an old overseas business dealing . I have never discussed with my son or my brother or anyone else. What i will do is the same thing we did in our administration. An absolute wall between personal and private and the government. Do you stand by your statement that you did not discuss any of your sons overseas visits . Sean what you just watched is biden lying straight to our path down my face. Here are the facts. First and december of 2013, he flew overseas and i met with chinese businessmen during the trip and of course, prior to the trip on air force two, hunter had zero experience, but only ten days later as our friend Peter Schweizer pointed out hunder signed onto a lucrative sweetheart deal with the chinese edstate backed Investment Fund letting