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FBC Varney Company July 13, 2024

Prone to gaffes. In congress, no agreement on how to respond to the virus. The latest proposals, a payroll tax holiday for the rest of the year. In other words, your Social Security contribution, suspended. Another one, extend the april 15th tax deadline. However, congress had better get on with it. A oneweek recess starts friday. The market, not happy with any of this. Stocks will be down at the opening bell. You kind of get seasick watching it all. Down 2,000 monday, up 1100 tuesday, this morning we will open about 800 points to the downside. Similar losses for the s p and nasdaq. The virus, there are now just over 1,000 cases in the United States. Draconian action in new rochelle, new york, where the National Guard has been called out to help with a cluster of cases in that town. Seattle has restrictions on large gath ....

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FBC Cavuto Coast To Coast July 13, 2024

Trading here. What is really interesting is the sentiment on the floor, right . Ive been coming down here for the last three weeks. Weve seen very, very extreme swings daily and traders right now are basically desensitized to what theyre hearing and what theyre seeing and these big movements in the market. It is not to say theyre not worried about it, and theyre not worried what will come out of wall street. The question, and the point they make to me, this virus needs to get to the point where it peaks and starts to trail off. That is where the markets calm down. Not until then will we see volatility subside a little bit. You see the Market Selling off 1000 points today. The point made in the previous show. There was a lot of hope yesterday that washington would come up with some sort of a stimulus solution. Right now, folks are kind of scratching their heads, wondering whatever they come up with, if it will be enough. Were watch ....

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FBC Cavuto Coast To Coast July 13, 2024

Told that President Trump to declare National Emergency today. We know that the president is holding 3 00 oclock News Conference which he tweeted about earlier today so we will see the president before the cameras 3 hours from now. National emergency likely to involve the stafford act, not to get complicated. Stafford act involving fema and resources that come with fema. Bottom line the president to be taking next step which would be declaring a National Emergency as response to coronavirus. There were reports earlier today out of brazil that the brazilian president bolsanero tested positive for coronavirus. The reason why its important because the brazilian was at maralago, there were dinner there, however, bolesnaro has gone on fox within the last 30 min ....

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FOXNEWS The Five July 11, 2024

Resolved. Biden will also ask to streamline the naturalization process. The president S Immigration changes, as new data shows migrant encounters of the border have shot up 178 since last year. Going from nearly 65,000 in fiscal year 2020 to well over 180,000 in fiscal year 2021. Jesse, we are in the land of Executive Orders. Congress hasnt been able to pass a bill on this in decades really. So now you have the undoing of the Previous Administrations work and its really a confusing mess. Jesse if you listen closely, you can hear the cartels cheering. Now the coyotes can come over and bring a body to our soil and joe is not going to do a thing. You killed the remained in mexico deal that trump struck with the mexican president where they have to stay there and await a silo. You get rid of that, youre bringing ba ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

End into the weekend, major curve flattening. Francine yes, major curve flattening. We will analyze that during surveillance. For first word news in new york city, here is viviana hurtado. Hi, viviana. Viviana the coronavirus epidemic has entered a new phase in cases outside of china is quickly are quickly multiplying. South korea and japan closing in on 100 cases. China, though, still the center of the crisis. Roughly 75,000 infections have been reported, but the new number of cases declining. Intelligence officials reporting the u. S. Congress russia is trump to get donald reelected. The president was angered by the disclosure, reportedly claiming the democrats will use it against him. Donald trump said he will not immediately pardon his former associate an ally, roger stone, still, if courts do not overturn his conviction, President Trump said he will intervene in the case. Mr. Stone was charged for lying to congress and witne ....

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