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FBC Varney Company July 13, 2024

For several hours, there are reports that the stimulus package now being prepared maybe the first of many, in other words, congressman Congress Rather and the administration will throw whatever they have at the virus problem. The fed is pumping a trillion dollars into the economy and that appears to be helping market sentiment. Green across the board there. All of them up limit, 5 up. Lets see how we open at the market this morning. Now, again, when we open this morning prices will be freed up so we can move up from the 5 gain and looking at etfs, here is anxiety indicater. Do you realize it was 1. 3 a few days ago . Gold this morning i believe is down a little bit more. Okay, we will find it. Look at the average price of gasoline. 2. 30. Ten cents lower than a week ago. Gas is falling really fast. I call that good news. The whole country maybe slowing down as we separate out but the virus news coming quick and fast. The wife of ....

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FBC The Evening Edit July 13, 2024

Federal reserve launching even more emergency measures. This as the president vows the u. S. Will achieve, quote, total victory over the coronavirus, and says the new trillion dollar stimulus with 500 billion in cash headed to individuals, he thinks it may not be enough. We have news coming up on that. We have also got medical supply shortages hitting hospitals as across the country. Tonight, positive news on drug results to battle the outbreak. President trump today pushing to fast track a dom mon antimalaria drug, chloroquine saying it has shown encouraging results against the coronavirus. Watch this. A drug called chloroquine, and some people would add to it hydroxychloroquine, so chloroquine or hydroxychloroquine. This is a common malaria drug. It is known as a malaria drug and its been around for a long time and it is very powerful but this has been used in different forms, very powerful drug in different forms and its shown very encouraging, very, very encouraging early results. ....

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FBC The Evening Edit July 13, 2024

Middle east and into europe. Bernie sanders will be the target of the democratic debate just hours away. We have all angles covered for you. Deirdre bolton on the floor of the new york stock exchange. Edward lawrence on capitol hill. Lets start with edward. A lost action, edward. Reporter centers for Disease Control warning americans be prepared for possible sustained spread of coronavirus. President donald trump has been briefed on this. Today on capitol hill the administration trying to get in front of this, asking for 2 1 2 billion dollars for them to contain the coronavirus. Health and Human Services secretary alex azar says they need the money to remain more aggressive but we will see more case. We cannot hermetically seal the United States off the virus. We need life goes on in some forms. Well have more cases in t ....

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FBC The Claman Countdown July 13, 2024

New notice, saying that the fed will use all its tools to support the american economy. The s p, yeah, it came up off the floor, but it is still down 64 points and the nasdac is still losing 126, todays selling follows the worst single day point loss in history, for all three indices. What will happen in this final hour of trade . It is also the final trading day of february, so what were going to do is keep you rock steady and solid with everything you need to know. Since the thundering bullherd got spooked by the threat of the coronavirus, total equity losses so far coming into today topped 4 trillion. All 11 sectors in the s p right now are in correction meaning they are off 10 or more since their recent highs. Joining the dow, nasdac and s p, as markets fall into correction territory, and are staying there folks the past six sections mark the fastestever decline from record highs all the way down to correction for the s p and the nasdac. The outbreak making its way now into sub san ....

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FBC The Evening Edit July 13, 2024

That dig into the mistakes democrats are making to use the coronavirus to attack the president. We have Corey Lewandoski coming up. We want to get you to the rally. Kevin corke is in North Carolina just ahead of the president s rally. Kevin. Reporter liz, good to be with you. Part of the coordinated effort for the administration is visit the nih. It is not just designed to make the American Public safer. It is meant to involve the relevant stakeholders throughout the process. Coincidentally the president had a big meeting in the oval office. He had a chance to meet with Big Pharma Companies or leaders there. That meeting was set up before the current coronavirus scare and the country. We were supposed to talk about reducing drug prices. Much more immediate ....

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