Caldwell weighing in on media and prominent democrats downplaying the riots. You wont believe the new sound we have got on tape. Republican guy reschenthaler from house judiciary he is with us. Weve got more. Were digging into the newly declassified documents. It is getting worse by the day. It shows chaos going on behind the scenes at the fbi and floundering failed, trumprussia probe. Showing the fbi misled the fisa courts to get pourerful wiretaps on trump and his team and more. Were uncovering this information. The fbi officials under the Obama Administration commit perjury . Media Research Centers brent bozell tackle how anonymous leaks to the media kept the trumprussia collusion story alive for three years when behind the scenes, top officials like james comey, peter strzok, James Clapper that they had no evidence of trumprussia collusion. They told House Democrat this. Newly declassified documents show former fbi official peter strzok slamming the New York Times for numerous mist
Comeback next meant. All that and so much more on making money. Charles stocks popping pretty nice for the second straight stay, in part due to better news on the coronavirus. Also moments ago, treasury secretary Steve Mnuchin tweets at the president s direction, the direction of president real donald trump, i spoke with senator schumer, Speaker Pelosi and gop leader to secure additional 250 billion for the ppp loan program to make sure Small Businesses get money they need. Of course this rally too, is just oldfashioned, buying begets buying. Maybe some pros trying to catch up. Now after breaking key resistance early this morning, folks, i want you to take a look because the dow 50 day moving average, even the 200day moving average are well within range. Could 25,000 actually be back in play this soon . I want to bring in our experts right now, bellpointe Asset Management chief Market Strategist david nelson, Divine Capital dani hughes. Let me start with you, my man. A lot of resolve.
Marsha blackburn coming straight up. There are mixed messages from doctors, government officials, what do we know and what do we need to know . Reaction from former hhs secretary tom price in just 30 seconds. All that and so much more on making money. Charles just a few seconds ago the dow was off 2200 points t exploded to upside after word came the new york fed is increasing treasury purchases. It is a massive program. Nevertheless the s p 500, nasdaq, entering bear market territory. The dow officially, 11 year bull market is over. All three indices down 20 from the recent highs just touched three weeks ago. President trump commenting on the market just a while ago. We have a lot of things that were working on with the Financial Markets and, its going to work out fine. You have to remember the stock market as an example is still much higher than when i got here, it has taken a big hit. It will bounce back and it will bounce back very big at the right time. Charles lets bring in edward
President trump set to meet with top pharmaceutical executives as the first drug shortages in the United States are starting to be reported. Well have a preview from the white house on that. Just breaking news, moments ago, folks. Amy klobuchar is out. She will endorse joe biden as establishment tries to box out Bernie Sanders. All that and so much more on making money. Charles all right has been a roller coaster session, investor motions, potential Central Bank Involvement all of that is in the cauldron if you will. There is a lot to break down and digest. Lefts bring in the best, Gibbs Wealth Management cio president , erin gibbs and capital Wave Management shah gilani. Erin, youve been calling this on the emotional side amazingly. Even last couple months. Last monday you said it is too early to get into the market just yet. Weve come down a lot since then. Whats changed . So i think, first we have to digest, oh, were really attached to the chinese economy more than we realized. Then
That all seems to have stablized. Neil think about this, jpmorgan put together a year most successful for any bank ever in history. Any bank ever in history. Fox news contributor john layfield. Point view Wealth Management president , david dietze. Welcome to both of you. It is a split verdict. Wells fargo had other problems that disappointed the street. By and large were expecting financials to lead the way. They have done that. David, is it your sense that, you know, wells fargo is more an outlyer here . Absolutely. Wells fargo had to put aside billions for legal and regulatory issues. Theyre still trying to climb back out of the fake account scandal. That really pulled down the results dramatically. Of course theyre having to deal with some client defections and so forth as people lost a little bit of confidence in the bank. Jpmorgan, citigroup doesnt have the problems and they knocked the cover off the ball in q4. Neil how would you advice people if these markets, john layfield, 29