Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and become vulnerable. Who is iroing wolf . There still fiscal stim
Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr
Say the word and sing along. Have you heard the words of love. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning. Thank you for joining us. Im lauren simonetti. Cheryl lets take a look at how your money is moving on this thursday. As you can see, a mixed picture for u. S. Futures. The dow is higher by 40, s p, 1 andahalf, nasdaq is lower by 15 andahalf. Earnings to talk about. Lauren coming off record highs for two of the three. Check out the yield in the 10 year treasury, 2. 03 . Cheryl taking a look at oil. We dont have any resolution in the middle east, in particular with iran and of course londons got to now deal with iran. Weve got a gain of 34cents there. Lauren this is how stocks closed thursday in asia, mostly higher. The kospi down a third of 1 . Cheryl were waiting to hear from boris johnson, hes going to talk to parliament this morning. The ftse, the cac and dax all in the green. Lauren President Trump called the witch hunt over, following Rober
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Look at a Church Service thats about to begin. Brown chapel ame church, john lewis family is beginning to arrive and those who will pay their respects today as well. This will be an hour of emotional memories, as you might imagine, of the life that was extraordinary of an american, his body will follow the route of bloody sunday. On his way back march 7, 1965, at the height of the Civil Rights Movement. Congressman lewis described what happened that day and its impact all these days later. Lets watch together. Selma, help free and liberate not just american south, we help liberate our country. As a nation, weve come a great distance. White, colored signs are gone. The only place we would see those signs today would be in a book, in a museum, on a sled owe. We still have a distance to travel before we lay down the burden of race. I thought i was going to die on this bridge. Somehow, some way, god almighty almighty can i give up now . If can i give in . Can i give many in . Keep the fait