Much stronger than the headlines is brickandmortar to emerge, which would be a good fit for your portfolio, will the s p 500 finish the week at a new alltime record high . While Congress Goes home to practice, while we assess what happens with the economy, were gonna take a look at whats going to happen, lets say they dont do anything until september, we have a great economies joining us soon and President Biden blasting joe biden romans ago for not giving american households a lifeline, you heard the numbers and wait till you hear what President Trump will do, then theres the masked debate, has tails wagging, could it hurt his election chances in a major milestone the sum of the president harsh critics agree is huge, were talking about middle east taken a giant step closer to ever elusive goal of having peace in the region, all that and so much more on making money. Charles all right, the markets, they put the rally on pause, the dow is higher, the s p is close, congress is taken a recess, theres no stimulus deal, just now you heard President Trump say moments ago that he is ready to send 3400 bucks to american families, hes just waiting on the democrat, im going to bring in three of the best on where your portfolio should be particularly if congress does not come through, what if there is not any stimulus at all, the Financial Company rob bloom is with us and fox contributor gary b smith and consumer Global Partner heather, last time heather i did not say congratulations on a new firm, i love the name tell us where this market is, by the way its holding up very nicely, all Things Considered and maybe if we dont even get any stimulus at all customer. I think right now the market does want stimulus to move higher, obviously weve been hanging in there despite that in President Trump signing the executive order on four fronts and number one moratorium on eviction, you will keep people in their home, youre not allowed to kick people out, extending the supplemental unemployment bonus of 400 per week, he is also helping student loans, Student Loan Relief and you see management, president ratunder President Trump saying minute it will give direct payments to americans with both parties actually supporting that, the point of discrepancy in the talk comes down to 1 trillion going to the state, mainly the blue states because they were hurting before the pandemic in either of that is not fair. Thats the discrepancy between the republicans and the democrats. Charles gary last time you were on the show you mentioned you werent doing much with the market and im paraphrasing but you were sort of afraid or scared as heck, are you feeling much better now that congress is on a recess without doing anything . I think the exact phrase was scared to death. And i remain so, you are close enough so. You know me, charles, from years and years ago i like the first look at the price action, the charts and you look at the s p and we made the highs back in whatever it was, march and then we went straight down and we had almost a v shape move, right now you look at the s p and you mentioned the top of the show that it has stalled, the reason installed it is near the alltime highs, you dont normally have a move that goes straight down, straight up and keeps going up, you cannot see a reason for that, i dont think all the nasdaqs in a bubble, i think a lot of the stocks are, thats why, my gosh, does this move up sustainable, probably not right now. Charles i tell you what, a couple of stocks, you can tell it the two stocks for the day, their part of what gary is talking about, the names that have gone straight up, materials just posted a monsters earning, they did revenues, earnings and strong guidance and tesla we had a couple of wall street nonbelievers capitulating and they raise their targets, so you have names that are rocking and sort of carrying the market, that has not changed. Both names which are not in, especially tesla, i missed the boat on that one, even if you look beyond those two names, something we were talking about last week, this is a healthy market, weve seen rotations when used need to and you see it going into the industrial financials, were up against resistance, just like gary said that makes a lot of sense but were waiting on the big stimulus package to go through, i dont think well be able to break through until we get something, that does not happen and you have a 5 10 retracement but at the end of the day we manage money for a living for clients, were not getting paid to sit in 70 basis points ten years or cash, theres Good Opportunity out there and i think money with 4. 5 trillion on the sidelines is going to lift the stocks for the allocation. Are also looking for value, i want to go that retail sales, it came in a little less than wall street with internals in my mind offering optimism including a rare bouncing Department Stores and meanwhile you see Simon Properties continue to sweat through the rubble of the brickandmortar carnage, they just want lucky brand, 140 million, that goes along with 324 million with Brooks Brothers and negotiating for jcpenney and this comes on the same data, but seven brickandmortar names, dillards posted a strong earnings, macy is take up, im starting to like these names, i want to go back to you heather, we will come out of this and there wont be survivors and maybe this is an area because consumers are spending there could be opportunities. Remember for the past decade, its been the death of the brickandmortar and unfortunately it is a small retailers, the independent nontraded retailers that are going out of business and its breathing signs of life, amazon, there are talks with amazon for buying up the empty lots in empty space within those malls which is definitely a winwin situation for simon and amazon because amazon can get closer to the consumer versus only online and whole foods. So i think that is a very good situation for the brickandmortars, however, retail sales were good x autos when you strip out the autos component, despite the pandemic and thats whats astonishing, within the retail sales, productivity rose at the fastest pace in 11 years at sevenpoint to percent, that is amazing. By the way they adjusted this is the highest retail sales number in history, so i will go with that with michelle a little later but im thinking about something ive been monitoring, maybe its because a lot of folks in the market are superstitious, lately when theres net cash, positive flows into equity fund, the very next day the market has been hammer hammered, is this a coincidence, what is going on, i know you want to see a pullback but its so odd that its been happening after the first signs of general more positive money coming into stocks. Does that mean the money is going into the market, smart money is selling, that would be the logical conclusion, probably coincidence more than anything else, although i will say this, it is interesting in this market where things never go down, i am sorry, i did not think heather was around but it reminds me of early 2000 where people thought it could never go down, on anything it will not go up forever. I still remember talking to you. I still remember talking to a friend of mine, we are going to make 100 million this year, i think that was towards 2000. Fair enough. I remember getting in cabs and everybody was trading at red lights, that hysteria is not here, most people and average investors are afraid and the professionals are afraid, heather was not around and rob was not around but rob is buying the dip, rob give me your last word, stick with it until it does not work . You have to stick with the market, were up against resistance, i think itll be challenging for the next couple of weeks but were finding new names, Charles Schwab we added to our portfolio, they are consolidated and 84 trilliondollar alright industry taking out td ameritrade, look at locking martin, 150 billing under billion, that is something that will get you through. Charles he added the nuance, gary, have a great weekend. P congratulations again, meanwhile an epic battle between fortnite and apple, who is going to be the hero, we will have the details later in our and we just heard from President Trump at the white house, what was congress packing up and going home about any kind of deal mean for the economy, what does it mean for you, well be right back rather than worry about how to pay for longterm care. Brighthouse smartcare℠ is a hybrid Life Insurance and longterm care product. It protects your family while providing longterm care coverage, should you need it. So you can explore all the Amazing Things ahead. Talk to your advisor about brighthouse smartcare. Brighthouse financial. Build for whats ahead℠ bbut what if you could stdo better than that . K. Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Charles President Trump blasting democrats say they are the ones holding up any additional aid coming to the American Public affected by coronavirus, Edward Lawrence is in washington with the very latest and it keeps shifting. Exactly, the line keeps moving a little bit from democrats and the republicans trying to get this done, there at a stalemate, where is the president right now, he is on his way to bedminster new jersey, he has a speech later on tonight, he will visit his brother in york hospital, he is reportedly very ill, the president in the last hour has touted how his administration is replenishing the National Strategic stockpile, through the defense production act they viewed it 78 times in order to get medical equipment and other medical supplies and other supplies to help fight the coronavirus. New factories, businesses and laboratories are being built all over america to match our nations demand for personal protective equipment, pharmaceutical, drugs, testing supplies, therapeutics and vaccines. The president upping the ante on democrats who have left town for the september break and well into september before they come back, President Trump tweeting that he directed the treasury secretary Steven Mnuchin to send direct payments of 3400 to allamerican families adding democrats are holding this up, he went on to tweet that hes writing this bu said more ppp payments to Small Businesses and sending money to state and local governments to save jobs for police, firefighters, First Responders and teachers and adding democrats are holding all of this up, obviously this is meant to put pressure on nancy pelosi to actually negotiate and he will not do a bailout for states that have made bad fiscal decisions pray listen to this. They want 1 trillion to go to their friends doing a bad job running certain cities and states that are doing very badly. Most of our country is doing very well. The secretary tells me they have the money right now to send the direct payments to americans but they say theyre waiting on congress for the approval because the president of the moment cannot do this by himself. Charles edward, thank you very much. A brandnew fox poll showing 28 say the economy is an excellent or good shape, thats 55 who felt that way in january which was prepandemic, joining me now michelle gerrard, everything has changed since january, but it feels like americans want to be optimistic, looking at todays sentiment reading from the university of michigan, expectations held up after freefalling but what im curious, with more confident america before theres a vaccine . I think certainly if we were making progress to see democrats and republicans be able to come together to ensure that we will get ongoing fiscal support, that would add a lot to confidence, we saw the initial bond in june, may and june as we emerge from lockdown and consumers got money in their pocket, thanks to fiscal support went out to spend, as you move into july and humor talk about potential to expand the unappointed benefits to expire and not be renewed, weve got congress wrangling over whether or not will get fiscal support, that can lead to caution, the u. S. Was out early versus other countries with the amount of fiscal stimulus, is very front and loaded and unfortunately we may be looking at a fiscal quick if we dont get more fiscal support. I do think that causes consumers to be more cautious and think i need to save the money because there will not be support going forward. They are paying attention, the consumer knows what is happening in d. C. And the politicians can spend all they want, i want to ask about the retail sales report, adjusted for seasonal was an alltime high, what is amazing to me it took five months to get there, if you remember the Great Recession it took 40 months to get back to the alltime high, could the american consumer, if they just got something, President Trump throughout a number 3400 which is mindboggling, if they got something, this vshaped would be enough to keep the vshaped going . A couple of things, its great that you point out that this is very different than the Global Financial crisis, what weve gone through in terms of the economic stoppage is more aching to a Major National event like a snowstorm that shuts down a city and everything stops but then it could come back more quickly, i think thats what youre seeing, its only taken months to get back to some cases previrus levels, but you do look underline and see the change in behavior and the sales numbers, restaurants still down 20 from where it was previrus. So you still see theres a caution there but again i think you are right, consumers took a big hit with the employment and job losses but because of the Financial Support and fiscal support with those checks in the unappointed benefits, they still have the wherewithal to spend and you can see they got more confident and emerged as you get back out there and spend it, there is a willingness to spend. I do think to know that there is an underlying level of support with the economy fully getting back on the employment side to where was is going to be very important, its as much a psychological game than anything else and when you say consumers are paying attention, that is true and important. Charles they are, bars have been hit the hardest in january and the internet has enjoyed the most and the greatest games. Ill show you my favorite economists,. Thank you, have a great weekend. What do you think the differences between the rich and wealthy, i want you to tweet me we will dive into that, despite the Mainstream Media efforts to minimize, trumps will with israel is really, really huge, wait till you hear the other people who agree with it, the question now what happens next, well be right back. Alike and customize your caro e insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. vo because we know you want to get back to going your speed. Steering life at 10 and 2. Youre prepared for this. And so are we. Soon youll get back to skipping the counter without missing a beat. Back to choosing any car in the aisle. Back to being the boss of you. Go national. Go like a pro. But what if you could stdo better than that . K. Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. I think the first thing President Trump will back the trust with israel and a lot of other regional allies, i would say over the last year President Trump outlined a vision for peace which was 180 page document and a proposal that showed israel that he understood their security needs and Palestinian People had a pathway to make their lives better. That was Jared Kushner explaining how the Trump Administration helped broker a peace to between israel and the united air, even tom frieden admitting in New York Times op piece that is a huge breakthrough, both sides agreed to full normalization of relations, israel would suspend plans to annex and they plan to exchange embassies and ambassadors, for more on this torque deal i am joined by Foreign Policy expert, you sent me or let me a text exposing how amazing this bill was and i did not get it, i dont get it until i started to read after my show and then this morning i was shocked how many liberal progressives would normally do anything then agree with President Trump, they all shared the same word, is indeed huge. The president does tend to use the word huge a lot but this time it is certainly merited. This is a game changer, this is a tremendous speech of diplomacy by the Trump Administration, this is actually Nobel Peace Prize worthy. Keep in mind the united is only the third arab state to recognize israels right to exist to establish ties with the druze state other than egypt and jordan, this is a breakthrough, not only because the ae establishing ties, this is also going to lead the way for other countries to follow suit and very shortly thereafter i predict this audis will also get on board with this trend. It is a tremendous shift in the region which does show the israel is a source of stability and security for the other arab countries and our allies against iran. There have been ties between israel and the uae behind the scenes for a number of years propelled to buy the Common Threat of iran under the premise of the enemy and my friend, what happened was the Trump Administration peace deal allowed those ties to come out into the open. What changed was the plan that kushner and his team put forward gave israel the u. S. Approval if you will to extend sovereignty over part of the west bank, judeo and samaria, and even that yahoo was going to make that buddy may not, there was an illusion he was going to make the imminently and that gave israel leverage in negotiations, the uae is making a deal provide that israel delay for now. So the whole background gave israel a leverage and allowed for a winwin dynamic for the uae to say were getting something for the palestinians and return and was israel in the first place and israel gets to move ahead with normalizing ties with the arab nation, its a fantastic speech. Charles i got less then 30 seconds, where does this but the palestinian leadership . They need to step up because the region is saying you are rejecting every p still over half of the century, the region is moving on with or without them, the palestinian leadership has rejected deals to the detriment of the Palestinian People and its time that they get on board because the other arab nations are seeing the israel is an ally in the region and theyre going to move ahead with or without the Palestinian People and its a leadership that is hold them up, maintaining its corruption in trying to cover up its ester to. Charles nobel prize worthy. Thank you very much. Certainly worthy of it. Meanwhile, congress, lets face it, the left america high and dry, i spent the morning reading story after story with lending standards, including mortgage requirements, other parts of the nation, the rich folks are doing well they say recession is over, i wonder if our elected officials care about the other half of the country that does not have the luxury of going on recess, they are at home but no jobs into many no hope, i want to bring in collaborative partner morgan who is the author of the upcoming book the psychology of money, i read the review in a journal a week ago that became very intrigued of this, its a topic i talked about all the time but the book itself is it a book about finance, selfhelp, psychology, investment because it seems to cover all of those areas . Thats right, thank you for having me, the real premise of the book, how well people do with money whether investing, personal finances are businesses has little to do with how smart they are or physics interfaces to gated that intelligence and education and has everything to do with their behavior, its a relationship with greed and fear and who they trust, their ability to take a longterm mindset, these things i dont have anything to do with how we measure intelligence and finance it but make all the difference in the world, one way i summarize is this, you can have people who have no financial training, no financial education, no experience but do very well financially over the course of their lives and we can have people who went to Harvard Business school worked at Goldman Sachs and done very well in terms of education and sophistication and end up bankrupt, theres no other field where the happens except for finance, no background, no experience can massively outperform with the best experience, ha happened to do wh how we think about money and the softer psychological side. Charles you take 19 stories and their different variety of stories and you put them in this book and we glean lessons from that, i know its been generalized but is there something the majority of our viewers who are not in this market were not making money in the market and the doing incorrectly to have a better relationship with money then you describe. Its hard to get personal advice when youre talking to many people, one is universal that tends to be something they can do with their money and tends to make most people happy and when theyre making decisions, is not for everyone and i tends to be fairly universal, giving yourself options, not to go out and buy stuff or buy a new house or car, im not against that but using your money to have money in the bank, savings which is what wealth is, being rich in going out and spending your money, being wealthy is having money in the bank that you have not spent, money you have not spent but sitting as an asset that will give you options, options in terms of when you can retire, where you can live, what company you work for, maybe you could pick up jobs in a shorter commute, things that make people happy most of the time enduring happiness which is going out and purchasing that doesnt tend to be getting used to overtime. Charles i gotta tell you, i got money in the bank but is burning hole in a pocket, i might be splitting the difference, your book sounds great, i let a lot of reviews, congratulations and will have this discussion real soon. Meanwhile, the maker of fortnite and apple, we can call it a battle, the question is who will the victors be, we will give you details in more proof that Michael Jordan is the greatest ever, well be right back. Or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Weve just been finding a wayapps except work. Rywhere. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. 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Its full of everything that you need to know about Getting Started on your selfdirected ira today. Youll be glad you did. Charles fortnite suing apple and google owner alphabet as they kicked off their app stores, this is after it introduces system for players that will allow them to pay the company directly cutting out those tech giants, Lauren Simonetti has the details. Apple and google say that violates their rules and this is coming from apple, it enabled a feature that was not reviewed or approved by apple and they did so with the express intent of violating the app store guidelines. Epic says it demonstrates that the tech giants are anticompetitive taking a 30 cut of purchases. It is a very well organized and very public dispute, when yeutter users boot up fortnite, its a famous 1980s video being used against them. That shows epic flexing its muscles on the back of fortnite success, 350 million users worldwide, epic is not seeking compensation but doesnt really have to compel apple and alphabet to change your policies . Maybe. The anticompetitive allegation is now a running scene, if you take that together now both case with the bloomberg report of the bundle services, apple might need to make changes to get back into regulators and developers but apple has also successfully defended itself in the past against such bad behavior allegations and look at the shares, 10 away from catapulting them to be a 2 trilliondollar company, one other thing, you could see potential backlash from users because if this war or whatever you want to call it is not solved in two weeks, the new fortnite wont be accessible on apple devices. Charles i heckuva gambit, but they were prepared, to your point the pr blitz was amazing. Thank you very much. On that note i want to bring in District Media president , this is in your wheelhouse, before we even get to the winners of the week, i want to ask you, who do you think is going to be the winner between apple, google and fortnite. Is going to depend what happens on august 27, thats when the season four of fortnite comes out and apple move users l not be able to access it. Are these fans going to be so upset with epic games for making this decision or or he going to find that the fans understand the decision another companies are going to follow suit, follow epic games and put pressure on apple, i think it depends on if anyone joins epic games in all of this but i will say i love that ad, it is quite the ad. Charles it was a great ad but that was a pun on your part, give me a winner, epic news that they were going to be booted, they knew these guys were called down to congress recently, theres a pushback against big tech, they took a shot, you know right now in your heart of hearts, someone wanted some law today. Im going to go with fortnite because they have such a big falling when it comes to the games, they clearly have a great ad in Marketing Campaign so i think people will follow fortnite and heres my help, heres what im going to say theres a lot of discussion, that the 1984 book, the classic, im hoping young people pick up the book and realize something they should Pay Attention to. Charles google is getting sued by epic in the winter because of something completely different, the wall street journal reported that they got very creative with Artificial Intelligence and its helping these shifts in or because we exist, the Technology Allows it to detect whenever there is an orca because they use a detective system as the vessels get too close, everyone should read the story, your thoughts . I love this so much, one point on this, you have a Company Working with Regional Authority and were talking about a Public Partnership to figure out how to work with shifts and vessels and keeping marine life safe, this is what innovation leads to. Charles the biggest winner, one of the biggest winners of the week is one of the biggest winners of all time, Michael Jordan, he has 20 years, his sneakers are still flying off the shelf and footlocker reported the samestore sales are at 18 was present overwhelmingly Michael Jordan, they continue to sell, they did get a big bump in the resurgence, the documentary did very well but beverly, Michael Jordan, his unit as a standalone unit and nike and the only one with increased sales. You just mentioned the documentary was a huge boost, it was my favorite tv during the pandemic, people should walk watch it, heres the other reason i think its a standoff, you talked a few weeks ago of having your meetings via zoom with staff even the people where the suit in the coat and the dress waist up, i think a lot of people arch in shorts and yoga pants and i think there waiting the jordans were there. I think thats a reason for the bump in this. Charles i know whatever it is he has the magic touch. You have the magic touch two, i look forward to talking to you next week. Thank you so much see you soon, President Trump slamming biden for a National Mask mandate, you heard how he did it, mask, pause, mandate, telling his challengers to stop playing politics, lets find out what dave thinks, he is next. Joe bidens campaign releasing this ad in a handful of swing states following up on this demand for federal mask mandate for three months at a minimum, President Trump pushback accusing his rival of playing politics and saying his administration is taking a different approach. Take a listen. Urged americans to wear masks and i emphasize that this is a patriotic thing to do, maybe they are great and maybe they are just good, maybe they are not so good but frankly, what do you have to lose, your nothing to lose. Charles joining me now fox nation host david webb, what do you make of this because while americans overwhelmingly believe we should be Wearing Masks certainly will become near each other and outside of our homes, the idea of a federal mandate does cause concerns for a lot of people. That would be a question to ask, how Many Americans out there want government determining what they do and dont do when you want government in your home even more, doctor marc siegel, we had this discussion on the radio, americans need to understand what types of masks exist, the three basic types coming up surgical on the 95, that is important, if youre out by yourself in your 3300 or whatever feet away from someone you will be enclosed space to protect herself from someone who might have it that would be a reason and we done this before we try to remind people to learn and understand with their effective and also wearing a mask inside your car when youre alone, its bad for your health every asthmatic or something else, the president and the administration has been right on the guidance with this, we have to educate ourselves as americans, i dont want government in my bedroom or in my business more than necessary and i want government out of how i decide to handle my personal healthcare as long as im responsible about it. I think thats why people are concerned an administration that would take Something Like this which seems like low hanging fruit but would be a segue into an intrusive government and other parts of your life that is not so obvious percent. Look at what Vice President , the soon to be nominee wants americans to do. They want to tell you what to do then you have to ask yourself a question, how do you afford it, who provides it, where does the mass come from, this is not low hanging, this is insulting low hanging, is a low expectation that americans cannot think for themselves and Education Campaign is a good idea, that is something you can do in partnership with the states. Charles i am less than a minute, i want to ask you about President Trump talking about the Police Officers, what you expect to hear from him, i think Police Officers around the country need to hear more from every elected official right n now. I think the president should talk to them about, he should actually ask them what are your needs, you may remember the site testified on behalf of the new York State Police in past issues, their great group of people and they give you feedback, they will tell you how it works, they cost multiple jurisdictions and if you give them the support where you can and you push the state and Governor Cuomo made wrong decisions to follow through on a good policing over political marketing polling narrative, then you will definitely have their support, the president by the way has such overwhelming support, just talk to them. Charles great stuff, have a great weekend. I wore my money green for you my friend. Charles i appreciate it. In the meantime speaking of money green, it is faded, we are waiting for the effect to kick in, we still have a final hour of trading i will discuss that and lawmakers are back home and it could be another month before they do anything and what if they do nothing with one of wall streets smartest and best, this guy has been right for a long time, we will find out what he has to say next. About medicare and 65, ysupplemental insurance. Medicare is great, but it doesnt cover everything only about 80 of your part b medicare costs, which means you may have to pay for the rest. Thats where Medicare Supplement insurance comes in to help pay for some of what medicare doesnt. Learn how an aarp Medicare Supplement insurance plan, insured by United HealthcareInsurance Company might be the right choice for you. A free decision guide is a great place to start. Call today to request yours. So what makes an aarp Medicare Supplement plan unique . 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Two this type of plan allows you to keep your doctor as long as he or she accepts medicare patients. And three these are the only Medicare Supplement plans endorsed by aarp. Learn more about why you should choose an aarp Medicare Supplement plan. Call today for a free guide. Charles the market is flat and the lows are higher but we cannot break down even though we rallied as President Trump was talking, were at the final hour of trading for the week and i want to talk about hedge funds, they are betting against the vaccine, indirectly, the academy either completely open to remains partly close, its all based on a vaccine, i want to discuss this with brian basket, because brian, we know ultimately where we go, ultimately will depend on how quickly we can get the vaccine but have you modeled or changed any of your modeling based on the approval for the vaccine, you been right but this seems to be the wildcard. It is the wildcard, thank you for having us, we have not modeled in the vaccine, were clearly getting the vaccine and its about confidence and confidence restoring with respect to people to get back to work. As no surprise that the hedge funds are betting against a vaccine, you and i both know the hedge funds have dramatically underperformed the market during this recovery, over the last ten years hedge funds have underperformed from anywhere 10 15 Percentage Points on annual basis, they have been wrong, they miss the rally relay will be negative on this, i think its a major mistake in operation warp speed and what the fda is doing with what the president is doing and what these pharmaceutical and Drug Companies to restore hopefully as it was to everyone in the world. Charles just so the audience knows what im talking about the top 20 s p stock shortage, american airlines, carnival, 20 is short, norwegian 19 is short but also other companies that benefit from an open society, open economy, viacom 14 short, united airlines, it goes on and on and on, i am with the, i think a vaccine will happen and i think the American Public believes is going to happen, i want to talk to you about the other topic, physical help, if you asked me a month ago i would say its going to happen but we will get a deal before the recess, i dont know why im shocked but what if we get nothing, what if the help weve got from the federal government is all we get, can this economy continue to rebound . I think it canna goes back to the word i used in my previous comments, confidence and credibility to the recovery that both the federal government and the treasury clearly helped, the president can step in and the treasury can step in as well if congress does not get this right and get some sort of a deal, i go back to 2011 during the super committee, i called the something else, they did not get it done and im fearful that it may not get done this time around, however, we do think the economy is on better ground, the consumer is coming back, i do ultimately think im a common sense get from minnesota, i think they will get a deal done, its not going to be what the democrats want and is not going to be what the republicans want, but i hopeful that it will not be too late. Charles i do want to let you know we have the ceo, he said youre one of the smartest guys out there and you made a lot of people a lot of money. Have a great weekend. In the meantime im handing this show over to Ashley Webster with the dow slightly in the red, i like it to be up 100 200 points, its down a point right now. Dont you worry, take the weekend loft and ill do the heavy lifting, order some of those wings that you love, ill never let you forget that. Thank you so much. Ashley traders sitting on their hands on a summer friday, markets are black and white trading in all three major indexes are heading towards the weekly win, not bad, positive Economic News outweighing the stimulus stalemate on capitol hill as retail sales, productivity and Consumer Sentiment rise