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FOXNEWS America Reports June 4, 2024 19:04:00

Disapprove of his handling of the economy, and the worries are seeping into the board room. a new deloitte survey showing cfos not optimistic about their own companies. the numbers dropping for the third consecutive quarter, back to you. john: thank you. sandra. sandra: steve moore, freedom works economyist and former trump adviser and brian brenberg, he s also the co-host of the fox business program the big money show 1:00 p.m. eastern time. ok, as far as the big news we are dealing with today and you are big on this, down almost 900 points the dow, and digging into the fact that consumers are getting hit, and it s showing up in retail sales and we are starting to get a look at how this is weighing on consumers ....

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FOXNEWS America Reports June 4, 2024 19:49:00

Territory. down 570 points to start a brand-new week. ba hum bug. robert wolf is here, and steve moore, former trump adviser and freedom works economyist, and both highly qualified to weigh in on why this market is going down to begin a brand-new week, robert. this down market does not surprise me, although inflation peaked, the last week we have seen very strong economic markets, tight labor market, wages going up. this is a risk-off trade. we are going to see fed funds closer to 5% if they still want inflation around 2.5%. so, this is not about the recession, this is about a tight labor market with wage inflation. and so i m not surprised and i think we are going to go into some real volatile times, sell equities. robert saying. sell equities. sandra: in your own words. ....

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