Making money. Charles stocks sinking as markets are now looking to the white house to mitigate the Economic Impact as people shut in and nation shuts down. President trump meets with bank being executives in an hour as everyone holds their breath for answers. He was a noshow last night at the presser, stock futures turned decidedly south, pressure normally used to bully the Federal Reserve. This is it. America elected President Trump for this very moment. So what must he deliver today . I want to bring in rosecliff capitals mike murphy. Kaltbaum contributor, gary kaltbaum. What do you think President Trump has to do or say today to calm these markets . Anything . Look i remember in 87 reagan came out and said if you believe in the long term future of this country you have got to own stocks. That is all he said. Were dealing with Something Else right now and its this virus. I heard some Administration People talking about the economy, the economy, the economy, but right now the virus is
Corporate welfare, spending billions of dollars to guarranty the Richest Companies in the world but where is your part . All that and much more on making money. Charles stock of the day, folks Charles Schwab, Td Ameritrade jumping on news, fox news learn the two plan to merge. Jackie deangelis on the potential take over. Good afternoon, charles. That is a lot of green on the screen. I realize what im wearing here but our colleague Maria Bartiromo did break this news this morning. Im waiting for companies to confirm it. Charles schwab is expected to buy Td Ameritrade for 26 billion. Combine the companies together, the assets are worth five trillion. Which puts the combined company in a Different League in terms of the competition. Ceo Walter Bettinger will run the new companies. The theme of the industry is consoledation. The current environment has been pretty tricky for these companies. Commissions eliminated. Schwab was one of the First Companies to do that in october. Flipping table
President trump calling for a war on Mexican Drug Cartels. The big question, should they be labeled terror organizations . All that and so much more on making money. Charles President Trump saying he is going to put steel tariffs back on brazil and argentina, this in retaliation over currency manipulation. Coming as House Democrats inch closer to agreements with canada and mexico over usmca. Hillary vaughn live on capitol hill with more. Hillary . Reporter charles, argentina and brazil have been both filling chinas void of Agricultural Products caused by the u. S. China trade war. They are both the latest target of President Trumps tariffs, announcing he will slap steel and aluminum tariffs on these two countries for manipulating their currency which he says is hurting u. S. Farmers and manufacturers. Well brazil has really discounted, if you take a look what happened with their currency, they have devalued their currency very substantially by 10 . Argentina also. And i gave them a big
Make their way into stores. Nordstrom opening up a monster Flagship Store in new york city. Well take you there. That and so much more on making money. Charles Vice President mike pence remaining defiant in the face of china, doubling down on his harsh criticisms from a year ago. His message was clear today. America is not standing down. Edward lawrence joins us live with what the Vice President had to say, edward . Reporter charles, Vice President mike pence took a hardline on china with some issues, but toned down part of the speech in the past 24 hours about the Economic Future of u. S. China relations. Vice president blasted china for creating one of the Worlds Largest surveillance states. He says china is starting to export that technology around the world to some countries that may not use it for good. Mr. Pence saying the u. S. Is watching what happens with hong kong. Saying china should show restraint or it may affect the trade talks. Hong kong is a living example of what can h
Maybe that the cut in Interest Rates come up. I said today he must make it clear that the next fed move is unambiguous. I think wall street wants it to be a rate cut. All that and so much more on making money. Deputy trade talks with china are underway as we speak. Clearing way for higher level discussions on thursday. This amid disarray between the two sides. U. S. Blacklisting 28 more companies and Companies Finding them in vise grip over the negative hong kong protests. Head of white house trade and manufacturing director, Peter Navarro. Peter, wall street sees, we have so much good will building up. China buying soybeans. Paypal makes a big acquisition. Both sides making nice. This morning or overnight were hit with levy of new tariffs or blacklisting in this case on companies over human rights violations. Does this suggest that human rights and maybe even hong kong will now be a pivotal part of negotiations . Good afternoon, charles. By the way, lets be bullish for the next ten mi