Welcome to a special salute the Service Veterans day of mad money. I am trying to make you money. My job is not just to entertain you but to educate and teach you. Call me at 1800743cnbc or tweet me jim cramer the old normal has died. The new normal has born. Now is time for nuance the dow gained 263 points. I think we have gotten into the point where gross and values which people throw around all the day. Covid is exploding but a vaccine is on the way along with a new president. You need to be prudent and rigorous than that you buy the cyclical so you buy the software i mean there is some powerful, simplestic concept here. So why dont we start with the vaccine because it is on somebodys mind. Yesterday news from pfizer put it all together and yes, we can finally see the light at the end of the tunnel. So what does it mean for the stock market well, if we get good news from other vaccine developers, johnson and johnsons and other companies, i think we will every time we got good news o
Marijuana derived products is illegal under federal law. Theyre subject to antiMoney Laundering laws such as the Money Laundering control act. The last several years many states used Ballot Initiatives or referendums that legalized marijuana in some form whether for recreational or medical use. Currently there are 11 states plus the district of colombia where it is legal to buy and consume Recreational Marijuana and medical marijuana as well. And there are 22 states plus d. C. That have approved medical marijuana totaling 33 states in all that have some form of Legal Marijuana. The senators introduced Bipartisan Legislation that attempts to ease difficulties resulting from the legal status and more lenient state laws. I spoke many times with senator gardiner on this bill and appreciate the hard work that each senator has done on this legislation. And i look forward to hearing from each of you very soon. Our second panel of witnesses will highlight challenges that institutions face in b
Im julie haener. And im frank somerville. To impeach or not to impeach. The dinner was sponsored by Democratic Party, the theme of the night, heart of resistance. And it lived up to that billing. Ktvus Jana Katsuyama is at the Intercontinental Hotel where the fundraising banquet just wrapped up. Jana . Reporter frank and julie, this room at the hotel was packed with top democratic officials and operatives here in San Francisco and also the state. Even the former dnc chairwoman Donna Brazile was here. Speaker pelosi received a standing ovation but there were also protesters inside and outside who showed the party survived. Longtime political power broker speaker of the house nancy pelosi took the stage to receive a Lifetime Achievement award wednesday night. The San Francisco Democratic Party theme was the heart of the resistance. But it quickly became clear resistance exists within the party. Protesters challenged pelosi waving signs and shouting upset she has not moved to impeach Pres
Cabinet level officials talking about this, even openly is white remarkable. Is quite remarkable. David something that might be affecting the dollar is the gdp numbers. What is the attitude in the house behind you . It was nice, but it was not the 3 or 5 President Trump promised us. Kevin that is right. Privately they feel that the president has continued to hammer jay powell on interest rates. As a result of the economic landscape, two developments regarding gdp. Robert lighthizer meeting on capitol hill with lawmakers about passing usmca, maybe even in september, and then he will fly around the World Next Week with Steven Mnuchin for china trade talks. A lot of Economic News on what was otherwise a slow friday in washington. David never slow at the white house. That is for sure. Our thanks to kevin cirilli. Now lets get more on those gdp numbers with carl riccadonna. Were they encouraging . Carl the 2. 1 would have been 2. 7 were it not a big drag from exports. We can see the impact
I will keep doing what i have been doing. David there is nothing that would not cause President Trump to say i will change my tact. See the one thing we will is a free pricing of fiscal stimulus. That already reflected in the markets. I News Conference from President Trump today in washington at 11 30 from the east room. Alix lets look at markets. Up. Ty futures this follows a rally in europe. A weaker dollar story. Dollar up. Flatten herl yesterday. You can see that in the backend, yields lower by three basis points. A 30 year auction today. You saw a strong auction yesterday. All of that filtering through the midterms and the deficit Going Forward. Crude moving on its own, over 1 . We might see opec cut production. Crude beating its own drum. We are oversupplied when iran is cutting back on oil. Alix opec is not used to dealing with this. David we want to set the stage with the midterms. For that, we are joined by our crack team. Kevin, set the stage. Divided government and the u. S.