vaccinated so you can go about your life with minimal risk. edward: doctor, thank you for your time this morning. that certainly helps alleviate some of the fears. now, those who are, you know, fighting these covid fierce as shoppers hit fears as shoppers hit the stores sales are boosting higher than last year, let s dig deeper into how this covid variant may play into shoppers thinking. dan geltrude and irs wealth montana david ragland. ladies first. traditionally, this is one of biggest shopping weekends of the year. this year is a little different. we re seeing cpi inflation about 6.2% over past 12 months, that means shoppers might not be finding the deals when they go out for black friday. are those deals still out there? the deals are out there. you know, i was looking through some data last night checking out some of the web site that
i m told in stone. i m told there will be a 60-day public review period where anyone across the united states can submit a comment in favor or against the proposal. edward? edward: yeah, thanks, david, appreciate that. so russia now denying any plans to invade the ukraine, but a new report is painting a different picture. details up next. store your fe treats of the season. and make a dinner to remember with lg must haves. black friday is back, and with it, the deals. and save up to $750 dollars on select appliances at lowe s. one of my favorite supplements is qunol turmeric. turmeric helps with healthy joints and inflammation support. unlike regular turmeric supplements qunol s superior absorption helps me get the full benefits of turmeric. the brand i trust is qunol.
these last couple of months to see how the retailers perform. edward: david, i wanted to talk to you about the markets here. so we know this tanked the dow yesterday. a shortened trading day, no less, down more than 900 points. what do you tell your clients about investing in retail at this time as many look to make money off the boost in sales that traditionally happen during this holiday period? well, they actually came down dramatically on wednesday and thursday already, so you re seeing this buy the rumor, sell the news. and because of this variant coming along now, obviously sales may be impacted because it s all about what we think and know and fear. and fear is the great component that may reduce the eventual shopping that s going to happen next week, the week after. what we ve got to be careful of is see how far down this move in the markets take us.
your expenses going forward, do you need more cash on hand? cash on hand is always a good thing. cash is king when it comes to small businesses and businesses overall because you always rely on your cash flow. as far as investing it, i mean, we certainly don t want to have that just sitting in the back getting virtually no interest. you want to retain cash and at the same time you want to look at opportunities to deploy it as well. ed: thanks, guys, phil, flynn, david, we will have to leave it there. i appreciate it. you know, gee from packed roadways to unfriendly skies now as millions of americans start heading home for the holiday weekend. the tsa says it has stopped an alarming number of people with firearms at airport check points this year. alexandria hoff in dc with details. you know, it is not illegal the fly with a firearm but there are specific rules that travelers have to abide by. first of all, a gun definitely cannot be in a carry-on and
back up. ed: jeez, david, as an individual investor, do i want to get into energy stocks then or in investment because the prices are up? well, energy stocks have gone up dramatically. one of the leading sectors this year of the market has already moved, so again we go back to buy the room or sell the news. we are now at levels where we were pre-pandemic on some of our oil companies. now we also have to look at some of the investments that these oil companies are now making. will they go to future highs when we look at exxon, vp, spending billions of dollars not for drilling, not for production, but for alternative fuel services. we used to say drill biby drill. ed: last word, last 15 second. individual or small business owner, how do you investigate