March 07, 2021 at 04:10 PM
The stock market is adapting to a new macro situation, wherein the leading perception is that the U.S. economy is recovering from the COVID pandemic. The Federal Reserve continues to downplay the inflationary side effect of its policies as its own
Beige Book is full of anecdotal evidence of its existence. Specifically, the Fed s ongoing diary of the economy has multiple examples and comments documenting the fact that there are inflationary pressures building in a number of supply chains for producers and businesses. There is also building statistical evidence which shows that inflation continues to build in the housing market and the
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one a day men s in gummies and tablets. jenna: i am generally and this is the box fox report at the bottom the hour. if you re just joining us the president protests in response to president trump. hundreds of thousands of women and men turning out with a message for new president. mike tobin his life in d.c. with more about what transpired today. mike what have you seen so far? jenna you cannot deny the crushing numbers of people who showed up on the national mall today. for while the national mall was a. zone as people from all over the nation streamed to the nation s capital. they just kept coming wave after wave of people getting off the subway and buses coming from cars. you could move around on the national mall. you couldn t get a sell signal.
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the women who marched out here chanted we won t go away, welcome to your first day obviously directed at the president. some women sent the message they wanted to send out that they have never so strong they cannot be ignored. others say they will take the energy they picked up and try to engage politics on the local level. despite some vulgar language speakers, vulgar language on the science was at this demonstration apart is the gentle nature of it. it really wasn t any trouble so to speak to the people here at this demonstration were decidedly alike, frankly jenna i m not used to that. jenna: i think we should point out to reviewers mike has it been in every single story right in the thick of all these crowds so he has a lot of experience but i wanted to ask you might come if you saw some of the protest during the inauguration as well. how would you compare the two in the last 24 hours? you almost can t compare the
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the nasdaq closed above five,000 for the first time since march of 2000 right before the dot com bubble blew much. the nasdaq was riding high. give us the story on this 15-year claim back to 5,000. reporter: it s taken the nasdaq 15 years but it s finally above the 5,000 level. it s important for retail investors who think i can buy that and the institutional investor may be seeing it as a sell signal. it was driven in part by google and apple. since the 2000 lows up by a whopping 350%. is this just another bubble? should investors be worried? reporter: everyone is saying it s different from 2000. well, it is different because this time around valuations
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