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Transcripts For FBC Making Money With Charles Payne 20240712

Names mascots, redskins and indians feeing the heat. Is this moment of time being, i will ask former nfl star, Burgess Owens. All that and more on making money. Charles folks, really disturbing news over the weekend. We normally start with markets particularly when theyre up this big but we cant have prosperity without peace in the nation. That is the topic of the country right now. Cnn reporting that six people were killed by what they call gun violence t it was bedlam in American Cities this is before Police Departments are defunded. There are issues nobody is discussing. You have to ask yourself why. Why does the media insist blaming inanimate objects for the actions of human beings . I would like to bring in foxs liz peek with more. When i see the headlines gun violence may have killed five children it is heartbreaking. I dont know if we get to the root problem of this if were not honest. Other human beings are trying to harm other people, often people that look just like them for

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Transcripts For FBC Making Money With Charles Payne 20240712

I think corporate activism which seems to be on a course with conservative values. That and much more on making money. Charles after a difficult week for the markets that saw a big selloff on friday, you know what . It is no surprise that were up today. At least that is what history tells us. It worked like a time. For the past 10 years buying a dip is a major moneymaker. It provided best opportunities on friday with 2 or more losses. The result has seen monday rebounds up 70 of the time. Over the course of the month up over 90 of the time. Over time history is repeating itself. I will bring in Money Map Press shah ghailani and Gibbs Wealth Management president erin gibbs. The market finds way to bounce back from the friday selloffs. We started out pretty wobbly today. What do you make of the rebound so far . Charles, it is like you said it is expected. When we see massive over2 drawdowns on friday. It gives everybody two days to calm down, to reassess and really realize maybe they wer

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Transcripts For FBC Making Money With Charles Payne 20240713

Loneliness, isolation could be more widespread and a bigger problem. Kennedy is here to give us her take. All that and so much more on making money. Charles stocks at session highs. Well the week is off to a monster start. It began overnight with jay powell saying that the fed has no limits in his 60 minutes interview about the economy, economies around the world doing well, opening up, including italy which i think is very symbolic. Not only stocks on the move. There has been major breakout in the price of crude oil. Then came that real positive news. We know that hundreds of companies are racing for a covid vaccine. While moderna says its initial results from a phase one trial have been very good. In fact they said the vaccine candidate, quote, has the potential to prevent covid19. The market has erased all last weeks losses. The question, what should you be doing . I want to bring in jeff saut and gibbs welt management president and cio, erin gibbs. Erin, let me start with you. This

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Transcripts For FBC Making Money With Charles Payne 20240713

From washington on that promise. And the president also reiterated its call for america to reopen as some large malls and retailers are set for a comeback but what will Stores Look Like and are shoppers going to be ready to return . We have all that, a lot more, coming up in the next hour on making money. Cheryl more economic fears are surfacing as the United States is probing chinas role in starting the coronavirus pandemic. At the same time fox is confirming the white house has been given new projections on cases and deaths as states begin the process, some states, any way to try to reopen. This is just hours after the president said that we could get a vaccine by january. We have blake burman in washington. He is live there with a lot more. It has been a fastmoving day for news as usual. Blake . Reporter hi, there, cheryl. That is certainly President Trumps hope or belief going forward. Remember it was just dr. Fauci a few days ago said getting a vaccine by january is something that

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Transcripts For FBC Making Money With Charles Payne 20240713

Enough, it sets up another round for congressional shenanigans that already hurt Small Businesses. Well get reaction from republican congressman french hill from arkansas. Attorney general bill barr is ready to throw the constitution at states. Jenna ellis joins me in a few minutes. Huge breakthrough in coronavirus testing. All that and much more on making money. Charles so the market rebounding after two days of selling off. You know what . It was a big selloff, nowhere near what weve become accustomed to. Crude oil prices which stablized. Earnings season is ramp up and some hits and misses have been reported, mostly beats but the lack of guidance has been hurting the market. The Market Holding on to gains after a real shaky start to the week. There is a lot of moving parts to the market. I want to get to all of them. Joining me two of the best, kaltbaum Capital Management Gary Kaltbaum and Money Map Press chief investment officer, keith fitzgerald. Lets start about earnings. I dont a

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