Ashley on cavuto coasttocoast we are waiting for Jerome Powells comments on the us economic outlook. Markets are steady but willpower will shakeup investors. A powerful earthquake in taiwan. The very latest update our top story, markets trying to find their place after a week start. Closely to share powell to see if hes taking a rate cut in june off the table. Looking forward to july being the launch date. Ashley hikes, dont necessarily seem on the table. Staying here for a long period, and given the volatility assigned yesterday, not much has changed. Interesting we have 75 basis points but entered the week with a Market Pricing around 65 basis points. What i want investors to focus on is few days of markets notwithstanding. The plot showed, to lower rates. It is a 4. 0 . Having a justification. Other views are being expressed. Ashley we talked about the recession is coming. Was it going to be a hard landing or soft landing. The us economy said clear of recession risks. We dodged a bu
Im Cheryl Casone i am in for maria bartiromo, tuesday, september 5,8 00 a. M. Eastern time, time for the hot topic of the hour former President Trump calling states attempts to disqualify him from ballot in the 2024 president ial election a trick in truth social post claims almost all legal scholars voiced opinions at 14th amendment has no legal basis or standing, relative to the upcoming 2024 president ial election, like election interference another trick used by radical left the the wall street Journal Editorial Board out with a new oped on this exact top say removing mr. Trump by fiat would also deny voters us the constitutional right for the candidate of their choice, this is aside from mr. Smith the special prosecutor accuses mr. Trump of violating, flats would arguably commit same offense section 3 elizabeth of the 14th amendment, and what journal argues about instead of letting Voters Decide who should be on the at about they are trying to use law basically barking up wrong tre
Rick scott member of Senate Homeland Security Armed severs Budget Committee good morning. Good morning. How you doing. Cheryl good you are bidding to replace mitch mcconnell, as senate gop leader you say you quote believe the hour is later than it seems for our country. And that we need a fresh, new he approach because old way is not working. Tell us more. To well first off my job will be, to fight like hell, for the seat the ideology the policies of the radical left clearly destroying this country, almost 35 trillion dollars debt border wideopen Foreign Policy a disaster weve got a federal government does not representative america anymore weve got to make sure we have Republican Leadership republicans in d. C. That representative republicansaround the country i am a business turnaround guy turned around blis governor of florida when in financial distress we have to turn this country around i am going to fight like hell to do it i am going to make sure i am a partner with donald trump
Bouncing back as you can see the dow 49 nasdaq of 39, s p by more than 11 worries over interestrate inflation sparking the selloff and adding to worry j. P. Morgan Ceo Jamie Dimon said the economy cannot rule out a hard landing, that cannot help things here is the close 605 points we lost on the Dow Jones Industrial loan, working to get the next read on First Quarter gdp next week ahead of the preferred reading on inflation april pce, that comes out next week as well, durable goods are coming out today 8 30 a. M. Eastern we will preview all of that, here are the estimates on your screen, take a look at europe on the heels of what we saw on this country all the way down acrosstheboard with the cac 40 and the dax into asia overnight you had read acrosstheboard taken for what happened last night in the United States, back at home a busy day on capitol hill the Senate Rejecting the twice failed porterville in the house passes a bill to repeal the d. C. Law which allowed noncitizens to vote
Ashley three breaking stories, President Biden speaks from the Oval Office Later today. Lawmakers just meeting, members still looking for a speaker, Jerome Powell about to take the mic at the new york Economic Club. Lots of news, any of these events could move the markets, stocks basically looking for direction treading water and they may get that direction from the fed chair but investors wont get much clarity from congress, the speaker battle could now go on until january. As for the white house address investors focused on making money but the focus will beyond spending money on war. We are digging into all of that over the course of the next hour. Welcome to cavuto coast to coast. Im Ashley Webster in for neil cavuto. President biden will formally ask congress for 100 billion in support of israel and ukraine. Alexandria half live at the white house with more on what we can expect from the president s address tonight. Reporter the president will make an appeal to american citizens a