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Transcripts For FBC Varney Company 20240712

Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively wit ....

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Transcripts For FBC Varney Company 20240712

The dow industrial average, remember that apple is a dow jones stock. This loss 220 points roughly at the opening bell, that wipes out yesterdays game. Smp on the downside and nasdaq down about 1 . The loss they are because of tech stocks. The virus is also a negative with severe restrictions on travel and businesses in france, italy, germany and spain. Their resurgence has a stalled not good for us. Youre at home a record i think 882,000 new cases reported yesterday and restrictions are spreading, thats not good for this market. Four days till the election and even joe biden is picking up the pace going to three states today come i will, wisconsin, but will he answer questions about hunter maidan repacking the Supreme Court or the influence the socialist have on his campaign . Politico quoting three sources saying Elizabeth Warren wants to be and is the front runner for tre ....

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Transcripts For FBC Varney Company 20240712

The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k ....

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Transcripts For FBC Varney Company 20240712

About the election . No clean democrat sweep for example or a trump . Is it telling us a stimulus package is coming, not to worry about lockdowns . We will get into all of that. You are looking at a big preelection rally. So, whos going to win . I dont know. On one side of the polls shows biting with a lead nationally, but in battleground states mr. Trump has caught up and look at this impromptu trompe rallies has popped up overall all of the country over the weekend. This was in florida with convoys of Trump Supporters shopping traffic in several states and at trompe rallies, long lines of people trying to get it in. I didnt see any biden rallies or biden bumper stickers. Theres clearly an enthusiasm. Today a mad to the finish line with people lining up that mr. Trumps rallies. I switched on my tv at midnight last night and saw the president just starting his final rally joe biden will attend to events in pennsylvania and one i ....

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Transcripts For FBC Varney Company 20240712

Bouncing back a little. Remember, please, this is how we started out monday. It ended badly. All right, walk into a super market just about anywhere in the world and several aisles will be dominated by proctor gamble. Here is the news. They are doing very well. Profit is up, revenue is up, outlook outbeat and p j, one more example of companies turning in Strong Financial results and the stock is up. On the campaign trail, joe biden stays home. No media appearances for 4 days. How convenient. Hes safe from pesty reporter questions and gaffes and fatigue. Hes preparing for thursdays debate and for the rules for that debate have changed. Theyll be a mute button to kill mike mic of candidate if he he running over time. So keeping it out of the debate is in my opinion a form of bias against trump. Another development, in pennsylvania, the Supreme Court says they can keep counting ....

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