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July 16, 2024
Optimism. Keep in mind, folks we currently have tariffs on 360 billion in chinese foods. Reality this rally is based on a strong economy, strong earnings. By the way it is also my birthday today. The question, is there more room to the upside . President trump is weighing in on the surging market which doesnt appear impacted by impeachment hearings as we approach dow 28,000. Another record stock market. 21 times this year, despite ongoing, totally unfounded witchhunt and a Democrat Party would l...
July 16, 2024
Well bring all the names that you should have in your portfolio. All that and so much more on making money. Charles well, love him or hate him President Trump went to the new York Economic Club in 2016 and outlined his trade strategy. He did not minutes words. He promised quote, to use every tool under american and International Law to end trade abuses by foreign countries. He promised to stay out of the Transpacific Partnership and rip up and replace nafta. President trump has done all of those...
July 16, 2024
Job. Homefront, couldnt see this negatively if you wanted to. Its positive for the week on this news as well. The leaders on the dow, let me remind you every dow component is in a positive territory today but the leaders are called me and chevron. Give me a sense of the broad range of this rally. We are taking a look at old prices being lower, it makes sense safety trade today, it moves into equity. Traders think it will hold so dont look for gold to rebound anytime soon. Check out what we saw i...
July 16, 2024
President trump calling for a war on Mexican Drug Cartels. The big question, should they be labeled terror organizations . All that and so much more on making money. Charles President Trump saying he is going to put steel tariffs back on brazil and argentina, this in retaliation over currency manipulation. Coming as House Democrats inch closer to agreements with canada and mexico over usmca. Hillary vaughn live on capitol hill with more. Hillary . Reporter charles, argentina and brazil have been...
July 16, 2024
Slowing Global Growth. There were a couple of officials felt it was a close call. Besides casey, president esther george, and bostons rosengren, appears those two were only dissenters. They were in favor of a rate cut last meeting. Several thought cutting rate would better align the fed fund rate with the yield curve. Officials saw trade tensions easing somewhat last meeting, they still view trade tensions, slowing Global Growth as prominent risks to the outlook. They are monitoring those carefu...
July 16, 2024
Much more. Making money begins right now. Charles market picking up on yesterdays late buying even as the media guessing game continues. Phase one is on. Phase one is off. It never end, right . Yesterday i had the honor of interviewing Vice President mike pence and i was asking him about the roll of tariffs now and into the future and it is clear the administration believes strongly in the roll of tariffs. I think through the long history of this country the night has always used tariffs and acc...
July 16, 2024
Were talking ever. That and much more on making money. Charles democratic president ial candidate Bernie Sanders reaffirming his stance that if you make more than 29,000 a year youre going to be paying more taxes to pay for the universal health care plan. Take a listen. What we will do, is have a 4 tax on income exempting the first 29,000. [applause] all right. Youre better at arithmetic than i am. Because what that means, if you are that average family in the middle, who makes 60,000 a year, we...
July 16, 2024
Pulled off in germany. But first, a possible thanksgiving truce on trade. The two deals on the table are moving closer to resolutions. As you can see the markets are happy. President trump saying the u. S. Is in the final throes of reaching a trade deal with china, while mexico says Speaker Pelosi will hold a usmca vote between thanksgiving and the end of november. Edward lawrence has the very latest on the tray front to capitol hill. Sounds likes mexico knows more about this than we do. Reporte...
July 16, 2024
Evidence that teens could get hooked on the product. What the white house is doing to stop the opioid epidemic. All that and more on making money. Charles when these markets make alltime highs, we get the same call, consolidation. The whats spin a little bit more. Investors start to stake out the next move. You add to the backdrop of china trade, were coming out of earnings season. In fact a report on china trade that trump and xi, they will meet to sign phase one. It might be delayed until dece...
July 16, 2024
We have that and so much more on making money. Charles call it a comeback, walmart on fire right now. Yet another quarter of strong growth. The results showing that the American Consumer splurging confidentially. Also right now we see auto sales through the roof, home loans are skyrocketing, thanks to you, the American Consumer. Fiscal policy, lots of help from the fed creating many are calling goldilocks economy. Is it too much of a good thing . Lending tree chief economist, and hiha herzog and...