Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco
Challenges he continues to insist the election was stolen for him, one of joe bidens advisors floating idea of more lockdowns ahead of the covid19. Well get the take from the rnc all that and much more on making money. Charles well the market opened relatively flat, investors moving back into the growth names including the lockdown darlings like zoom and peloton this at the expense of the rest of the market. Despite soaring covid19 cases more restrictions an lockdowns investors are resisting panic right now. Many probably remember taking big losses last spring, only to regret it by late summer. With earnings season almost over, vaccine hopes rising with more economic restrictions what kind of guidance will we see near term that dictates Market Action . Maybe it could be the charts, folks. We know investors should mind the gap when it comes to the market. I will explain that with help of ryan capital president , ryan payne, a group im not affiliated with. And federated lisa decell, fitz
It is adding fuel to the fire no one is on the same page here. It comes at a time we had the spikes in cases that might be overplayed a little bit. With more testing you will get a spike in cases. Far more worrisome what is happening abroad in beijing where they limited number about flights going in and out of the city. A number of chinese Authorities Say they have it under control. When they keep telling you they have it under control you have to say, why do you keep telling me you have it under control . All that and crosscurrents and bolton book could be weighing on markets because it seems to indicate here the president s on again, off again relationship with xi xinping might have more problems to it, especially early on. Well have a busy show next two hours. Here to kick things off, jackie deangelis. Beijing worries, confusion over reopenings here. So much more. Jackie. Reporter the theme for today is really mixed signals not just here in the United States but abroad as well. We h
He spoke picnic protest in france over deploying Living Standards descends into violent with demonstrators damaging property and the right to point. Those are your headlines this hour you can always read more on these comments at alton dot com dont go anywhere yet though because up now its going underground and if youre in the u. K. I dont stick around for sputnik. Welcome from london to going underground in the week when Boris Johnsons British Government was ruled to have acted unlawfully in shutting down democracy in westminster coming up on the show those britain draws you leave your view and union is the trading block turning into germany well ask the university of london. Where the e. U. Is. Being forced to print tens of billions of euros from. Your would be. Are being killed as i speak to you tonight killed as a direct result of policy decisions we as a body have made we ask them to help the real war crimes in the pentagon papers. If donald trump firing john bolton will really ma
Should have had a more we do have it remains very large so yet were were in a bad situation i think and britain. Half a trillion of this quantitative easing and even voices in the military people see committee of the bank of england saying its not working yet well this voice is everywhere and now even some of the top x. Central Central Bank Governors raising questions about q. E. Mario draghi in his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy to create demand in the economy that i think you need the roots of the response problem to what we have right now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the fact that money supply may not b