Folks. Also all of this as the Justice Department filing a historic lawsuit against google accusing the company of stifling competition in the online, in the search world. Well have details here. Produce what it means for your portfolio. That and much more on making money. Charles major indid i sees holding on to gains but there is a pattern fading toward the bell. Earnings including higher guidance in the Current Quarter from key names like proctor gamble. Youre biggest winner of all stocks in the s p, kohls. Continues my theme of investing in brick and mortar names. One of my guests agree. If there is any mercy, it will come to a halt today, deal or no deal. Get it over with. As smart folks are bringing about all of this. Talk to them now. Eddie gabor. Dani hughes and federated Portfolio Manager equity steve chef a rohn. By the way i hope this is the last time we ever have to talk about this topic but lets do it. Lets handicap the stimulus saga. I will start with you, eddie, what hap
Joe bidens plans might not be that helpful for the market no matter what moodys says. We raised a issue about moodys. Theyre saying it would be stimulative to the recovery. Moodys is a Municipal Bond rating firm. Under democrats generally a very a buoyant. News out of new york, Governor Cuomo says movie nighters outside of new york can open at 25 capacity. Here is the trouble. Those in the city dont think about it. One in Staten Island, owner of that theater does everything and anything he can to protect those that to go to his theater. Looks like he cant. For wait some time. Is that fair or balanced . We pick apart the theaters. You decide. Were keeping a very, very close eye on the real life movie playing out over stimulus. Right now growing confusion over nancy pelosi socalled 48hour deadline to come up with something from the white house, presumably. Republicans more generally to respond to her sort of bottom line deadline, get it done by tuesday or it is after the election. Lets g
Navarro. Fomc without with the minutes from the and well comb through the minutes to bring you headlines and analysis. Stay tuned. Were ahead of the tonights Salt Lake City vicepresident ial debate. What will be discussed and what will move the needle . All that and more on making money. Charles man what a difference a tweet makes yesterday a stable market with designs of finishing higher were side swapped by a series of President Trump tweets taking fiscal stimulus off the table until after the election. Last night, well the commanderinchief clarified he would immediately sign off on relief for airlines, Small Businesses and 1200dollar stimulus checks. The market gained more than it lost. I think it is more clear it is not even an issue. This whole stimulus thing can be put on the shelf. Democrats took aim at the gatekeepers of the Digital Economy that they have monopoly power and may need to be broken up. Are the companies victims of their own success especially in the age of covid19
Secretary of the United States Steve Mnuchin planning a meeting with nancy pelosi to discuss it which means maybe republicans can go along with this, cobble together something acceptable to both sides but just the talk of that, and some of the stimulus that would give the economy a boost, markets a boost has stocks raising ahead. Hillary vaughn following that, but the postdebate excitement. Both candidates are out on the stump. President trump will be in michigan. Former Vice President in ohio. Busy in a lot of states. Hillary in ohio with more. Reporter hi, neil. Biden has his busiest schedule on the campaign trail weve seen since really the primaries, way before the pandemic. He has seven stops today as he kicks off his train tour. Biden hopped aboard an amtrak train. He will hit seven different cities on one of his favorite modes of transportation the amtrak. It is a nostalgic moment for a man spent decades taking that very train from wilmington to washington. The familiar sound of
President , he has announced hes free of the virus in immune and up dressed in airport crowd in florida today. This is important, the virus and how to deal with are central issues of the election. The president is taking the lead in opening the economy and returning to work in promoting the successful treatment, that is important stuff. Meanwhile joe biden always wearing a mask except for when hes coughing is bogged down with questions about packing the court in fracking, he will hold to events in ohio, lets see if he answers as important questions. Lefthand side of the screen, Supreme Court hearing for Amy Coney Barrett started an Opening Statement the judge said she learned from her mentor, Justice Antonio scully out. A judge must apply the law as written, not as a judge wishes it were. Vice president ial candidate Kamala Harris will participate virtually for safety reasons. Lets get to the market, the dow industrial is up for 50 on point, the s p up 20 thereabout look at the nasdaq,