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Transcripts For FBC Making Money With Charles Payne 20240711

Exactly mean for your money. What does it mean for your money . We have that coming up. Brickandmortar retailers are finding a way to beat back amazon so should you give them a look. President trump is saying he is battling for election inan integritity as his team battles. We are ric grenell coming up on making money. Another. Charles another intriguing session with major indices belying what is going on. Major indices slightly in the red. I got to tell you the session began with sort of two groups sitting it out and that was communications and Technology Stocks. That signaled of course this continued rotation into what im calling the normalcy trade. Then in the last hour or so the tenor of the session sort of took another turn where you started to see those sectors that signaled classic defense as lower. Utilities, real estate, consumer staples, all sort of drifting. Both scenarios have a clear message that investors are a lot more optimistic about the economy which means a broader r

Transcripts For FBC Making Money With Charles Payne 20240712

Tuesdays election. Were expecting to hear from him any moment now. We have a big show. All that and much more on making money. Charles so this morning the Financial Media fixated on the rising covid19 cases in europe, new lockdown, potential lockdown measures might eventually come to the United States and you know i think there is a whole lot more spooking this market, including reaction to a repo tension biden presidency. Think about this after the Consumer Confidence came out yesterday below estimates, that was 10 00 a. M. The early result we saw in the market faded, by the end of the session selling picked up. S p was at 3406. That was the session high. It held as resistance and then we went do you and the dow was 27,689. The high from the session straight down from there. It wasnt just that the headline declined but a sharp drop in swing state confidence. Florida wept from 114 to 110. Michigan 124 to 119. At moment i still believe President Trump will pull this out. If he doesnt th

Transcripts For FBC Making Money With Charles Payne 20240712

Market watchers coming up. All that and much more on making money. President trump i shut down talks two days ago because they werent working out. After that, we got back, both sides very capable. We got back, we started talk again. Were talking about airlines and bigger deal than airlines. Were talking about a deal with 1200 per person. Charles well those stimulus comments by President Trump helping boost the market today until nancy pelosi said there will be no airline help without a bigger bill but talk needs to translate into action between both sides that has to happen fast before something, certainly before the election. So what is going to happen . I will bring in now Tennessee Republican senator marsha blackburn. Senator blackburn, we heard, we had a great lively interview with President Trump this morning on our network. It is pretty clear he wants to get something done and something done immediately. Whats the latest right now . We know that the president does want to get som

Transcripts For FBC Making Money With Charles Payne 20240712

Charles it is the Great American comeback. On november 26th, 2018 General Motors announced the closing of its lordstown, ohio, plant. A devastating blow to hardworking americans right before christmas. Politicians promised to step up but there was skepticism. Not anymore. Lordstown motors is showcasing the 2021 endurance electric pickup truck to President Trump at the white house. The company is reporting 40,000 preorders for the new truck so far, it is working towards becoming a publiclytraded company, making this story even greater, the truck produced in that old lordstown plant that gm closed down, something that did not escape the president. President trump the area was devastated when General Motors moved out and then we worked together and we made the deal on the plant but beyond the plant, i mean its incredible what happened to the area. Its booming now. It is absolutely booming and really great. You also have room for expansion in that plant. Oh, yeah. Well come out with multip

Transcripts For FBC Making Money With Charles Payne 20240713

That is more, by the way, than the number of people that live in new york and chicago combined, that amount of people. This is more than 18 of the u. S. Workforce is unemployed. Where are we going from here . And this is fascist. This is not democratic. This is not freedom. Give people back their [bleep] freedom. Elon musk going off in expletive laden rant against nationwide lockdowns. Our Panel Debates his point coming up. Was president right about using uv light to cure the coronavirus. Turns out some of the nations top scientists and doctors were already working on light therapy. All that and more own making money. Cheryl want to show you live pictures right now, the Vice President at a gm factory been translated into a ventilator production facility. He is in kokomo, indiana, right now. He is getting a cure, if we take the live pictures, that would be great. The president , Vice President , we actually lost the shot. Neil was showing it to you a few moments ago. Vice president is d

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