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
Talking a lot about throughout the rest of the hour is what is happening with wirecard. Was lower yesterday and today down another 20 . We will get the details in a moment. We also have a wellknown face in the united kingdom, david the ceo, we will talk to him about what is happening with the refugee policy in the United States and around the world. We will see a significant report on the crushing defeat delivered to the British Labour party at the last election. We will get davids take on the prospects for his party and where it goes next. Certainly, it has been something that we have been spending a lot of time over the last couple of days talking about and that is wirecard. Alix one of the biggest stories of the morning. The latest headline, a lawsuit against wirecard and the former ceo, marcus brown. Lets dig deeper into the issues surrounding wirecard with scarlet fu. Can you talk us through where this started . Either missing or does not exist. That is the big question. It does l
Lauren s and why you may soon say goodbye to your bingewatching days. Oh, no. It is tuesday, october 29th and fbn a. M. Starts right now. The city never sleeps tonight. Its time to begin, isnt it. I get a little bit sick of the day. Ill admit im just the same as i was. Now, dont you understand. Lauren welcome to fbn a. M. Good morning to you at home. Thanks for joining us. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets take a look at you how your money is moving. Futures are down a bit right now in the premarket. The s p at a record high at the close yesterday. Nasdaq just 4 points away and the nasdaq is up 7 this morning. Cheryl investors in asia reacting to the s p record, as well as positive comments on trade from the be president. As you can see, the nikkei can did gain some ground. At the end of the session for the hang seng, the kospi, they all ended up in the red. Lauren a lot of red on the screen in europe as well. Boris johnson going to try to push thr
Good morning. Were going to order. Over two years ago, we kicked off the 2018 farmville, and the whole process was by holding that hearing at Kansas City University. If humans later, we held a hearing in this room. We are from the United States department of agriculture officials. We heard about a Critical Role in Agriculture Researchers play throughout our countrys history. We also heard about the Research Priorities for a 2018 farmville. The knees are certainly great. Every day our producers are counter extreme weather just to name a few things. There are challenges with right to do so with minimal federal resources in an aging infrastructure. The United States produces the safest most affordable food in the world. Ever and in crafting the agriculture and provement act of 2019, Ranking Member deborah safford and myself and i along with members of this committee recognize that we have to continue to build on the strong history of Agriculture Research in the United States. An enactment