Smith Fox News Today

Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities i...

Donors he would get rid of most of trumps tax cuts. That wouldnt be good for stock prices or your 401 k . Right now we see the dow losing maybe 90 points at the opening bell, 25,400. The s p will be down and the nasdaq is off about 20 points. No serious selloff at this point. But we do have dramatic stories breaking this morning. Overnight, a young black man, 16 years old, shot and killed in the seattle chop zone. Its the fourth shooting there in nine days. Democrat mayor durkin said the zone wo...

Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, ...

Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quic...

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Biggest cut ruled out a 50 basis point cut. What will powell say today . All that, so much more on making money. Neil House Speaker nancy pelosi says, emergency bill aimed at relieving the humanitarian crisis on the border will be voted on today. Some democrats are playing politics. 4. 5 billion to spend on migrants and families detained at the u. S. Border. Officials are saying that the situation is dire. Shelters are holding three times the people off bircapacity. Hillary vaughn with the lates...

Voters, weve got the sound. And, you know, you cant make this up. The white house all day today would not acknowledge inflation, how its hitting you as they celebrate the Inflation Reduction Act. That they privately admit doesnt cut inflation at all. They own it, they cant blame trump. And President Biden practically flies over but does not visit East Palestine, ohio, site of that toxic rail crash. He said he would. Is he making the same empty promises about visiting hawaii . And weve got how fo...

Unless something happens for our dreamers. Reporter Kamala Harris is bringing denea joseph , a dreamer to the state of the union. Showcasing the information of the diverse the in the immigration community, and saying that hope is moving forward that we can have a clean dream act. Reporter nixon gave the shortest speech in 1972 that lasted 29 minutes. There is no word on how long President Donald Trump will talk, but lawmakers hope that he stays on message. This is normally a speech that unifies ...

These hacks deserve to have their buns tested. The republicans have been yapping about repealing it for 7 years. The Senate Version makes as much sense. The republicans convinced themselves they need to reconcile healthcare and sort out the budget before they move on to taxes. But why start now. No one wants to pay for everyone elses healthcare, but loves low taxes. Simplify the code and do it all. Do it now. If there is anything that almost move the needle, its tax reform. Now, of course it wou...

These hacks deserve to have their buns tested. The republicans have been yapping about repealing it for 7 years. The Senate Version makes as much sense. The republicans convinced themselves they need to reconcile healthcare and sort out the budget before they move on to taxes. But why start now. No one wants to pay for everyone elses healthcare, but loves low taxes. Simplify the code and do it all. Do it now. If there is anything that almost move the needle, its tax reform. Now, of course it wou...