Whole foods having a sickout today. Are they the new american heroes. Media went after him after his white house speech, all that and so much more on making money. Charles so it has been a mixed session on the street. We erased early losses, uplifting thoughts from dr. Fauci, social distancing and march Consumer Confidence report, much better than anticipated. Later on it was a news conference, Governor Cuomo and other governors out there giving us sober reminders of the current circumstances. So how should investors approach this market . Joining me now, Katherine Rooney vera along with Devine Capital ceo, dani hughes. Kathryn, let me start with you. You could argue if the dow is off 1000, even 2000 points it, might not be a big deal all things considered. So in a way it is a moral victory but how do you navigate these new waters . Well, charles, no one can price the bottom, thats impossible, so those who divine that they can it is just an i impossibility. I have been telling my clien
Reasons, but the number one reason today that i love aei is because only here is a conference on government statistics more popular than the rolling stones. That is a great thing. This is a topic that doesnt normally get headlined, but lets face it, in a time when the phrase alternative facts has entered the american lexicon, is anything more important than what were going to talk about today. At aei we arent completely dedicated to the proposition that rigorous, rocksolid Empirical Data are essential for evaluating the success and failure of Public Policy and for ensuring that we are fulfilling the true purpose of our work which is to help more people live a better life. We are delighted to partner with the Brookings Institution and the hamilton project to examine this critical subject and we are co releasing a paper on the topic and this is a free event for that paper. I want to introduce our panel in our keynote speaker. Our panel today starts with Martin Feldstein of harvard and th
Get ready for a cold blat of air today. Youre waking up with the highs much cooler. We want to start right off at going to Kristin Wright at the live desk with breaking news. Thats right. We have more information on the crash up in upper marlboro. We learned from the police it is a fatal accident and one person died. Youre looking at pictures from the scene overnight. Two cars involved here. A headon collision. Largo road and front gate road. Right now that area is shut down. We are working to get as much information as we can. Police are there. The crash happened around 10 30 last night. Our molette green is on their way now. Thanks. Chuck bell as a break down of your weather going into the weekend. Did you say teens, chuck . I sure did. Windchills back into the teens by the time your weekend actually gets starting first thing tomorrow. A lot of clouds in the sky this morning and there are raindrops to contend with. Check it out on storm team 4 radar. Just a couple of drops. Rain chan
On those automatic spending cuts that were part of the debt deal a couple of years ago, ty believe it could be an opening to get rid o some cuts i exchange for revenue increases, creating problems for republicans here, and republans concerned about them wanting to increase spending levels without those offse were told that republicans are Standing Firm on that par part of increases will spending, perhaps kicking the rest of negotiations to a process to come later. Also a question of timin this. A lot of procedure in u. S. Sense to the, if not every senator signs off on a fast track process it could take days to make it through. Past the debt ceiling. Anduestions to whether it would get through hou of representatives, if and when it is agreed to. A number ofouse republicans have been hearing the dails of th framework, and dont like all this much, they feel they are being forced to to this democrats say, you went out there on obamacare, now we are comingut, saying we want increased spend
On those automatic spending cuts that were part of the debt deal a couple of years ago, they believe it could be an opening to get rid of some cuts in exchange for revenue increases, creating problems for republicans here, and republicans concerned about them wanting to increase spending levels without those offset. Were told that republicans are Standing Firm on that part, part of increases will spending, perhaps kicking the rest of negotiations to a process to come later. Also a question of timing on this. A lot of procedure in u. S. Sense to the, if not every senator signs off on a fast track process it could take days to make it through. Past the debt ceiling. And questions to whether it would get through house of representatives, if and when it is agreed to. A number of House Republicans have been hearing the details of the framework, and dont like it all this much, they feel they are being forced to to this democrats say, you went out there on obamacare, now we are coming out, sa