Covid19 relief bill is reached. Can moderates in both parties save the day with their own version or are they too far apart to compromise . I will ask republican congressman andy biggss. That and sew much more coming up on making money. Charles so, folks the major indices bolted out of the gate this morning. There is still tentativeness. You see financials down, work from home stocks, trending a little bit lower. After a sharp pullback, in fact the fastest correction in nasdaq history, the question is, is the worst over . Plus key sectors of the economy continue their quick growth. Where to invest for the housing boom, the manufacturing rebound. Also this hot ipo market has many salivating but some wonder if it is good or bad news. So many questions, so lets get the answers. I want to bring in Devine Capital ceo dani hughes, bellpointe chief market strategist, david nelson and courtney dominguez, advisor pour payne capital. A group im not affiliated with. Dani is the worst over . That
And we got better than expected manufacturing data here in the u. S. , but the imf did lower its Global Growth forecast joining us for the hour is steve grasso from Stuart Frankel you know, we hit these highs earlier in the session didnt hold on to it for very long what do you make of todays action we didnt hear about impeachment. We didnt hear about china trade, really. We havent heard much about a lot of things, but we did hear mostly about were earnings so the market wants to get back to something that they can look at and say, its binary. Either services it was a win, it was a beat, they got it higher or lower and were going to run with the market there. Not enough to make new highs, but were on our way there with earnings, i would guess. It is interesting to look at companies fundamentals, actually push the trade headlines aside just a bit still hopeful, perhaps but let the day be run by earnings its true everybody has been run by macro lately so twothirds of all stocks trade with
Guilty. But if convicted of bribery, faces up to 20 years. Wei, if convicted of espionage, coud get life. Norah. Very serious charges. Mark strassmann, thank you. Now to a tragedy on the southern border. Mexican authorities have recovered the bodies of two possible drowning victims in the rio grande. Cbss Omar Villafranca reports one of the bodies was found near a floating barrier that was recently installed by the texas government to deter migrants. Reporter the two bodies were discovered in this remote stretch of the rio grande. The first migrant from honduras was found by Texas Troopers tangled on the controversial floating barrier buoys. Later, mexican authorities found another body three miles upstream. Officials are investigating what led to their deaths. He spoke to his emotional mother, who says he was her oldest son. Before he left, she told reporters he gave her one last hug and said, we cant keep starving here. I have to go. Mexican officials blame the drownings on the barri
10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2
Work everything, but only if you make some kind of decision, then you need to inform the state what decision you want to make, thats the principle, well it is clear that if this principle works, then, uh, if a transaction is made without our participation, without permission, then uh, the court , of course, can recognize such a transaction as void, we are not aiming to fill the budget with additional funds, this is rather a measure so. So that the subject who will leave really has good reasons to leave and he will have to understand that he will then have to overpay some amount, yes, this is your commercial right, its called, or make a decision on closure or some other alienation and so on, but we are talking about the fact that the market should then be controlled , because this is the situation now, because unfriendly actions are being taken towards our country, and the same subjects, they can also use certain actions, therefore we have a mechanism for such preventive protection, at