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You know its funny often when we think of records we think of highlights we think of accomplishments usually of things that are positive well so i to say this is not that type of record this morning the state of florida announced that its daily death toll for corona virus is at 173. Unfortunately that is a single day highest total ever announced by the Florida Department of health since the pandemic began the previous record was set july 16th with 156. 00 deaths the trend seems to obviously be going in the wrong direction i mention this here at the top of the show not to harp on numbers which ...

The spike and which is jumping chases several nations have barred u. S. Travelers from entering their borders will dig into the details plus as airline and aviation stocks have taken a beating in the wake of the coronavirus boeing is inching closer to the come back up at 737. 00 max we have expert analysis on hand to discuss with a packed show today so lets dive right in. And we lead the program with some disheartening Economic News out of the United States new weekly unemployment claims rose for the 1st time in nearly 4 months for the week ending july 18th 1400000 americans filed for benefits...

Promising results from both of them. Later, we are expecting news from astrazeneca, thats a british company. They are going to announce the results of their phase 1 trials of a covid vaccine. Now, positive news on a vaccine usually moves the market. It certainly did last week, and i think its helping futures this morning, too. There is news on a new stimulus plan. The president says he would not approve any plan that did not include a payroll tax cut. All right. Now look at the market. It has turned around. Earlier today we were way on the down side. But now we have moved to the upside i think...

Ol boost here. That is propelling the entire market. Gold is having another good day. In case youre counting it is not good for gold bugs, what bugs we dont keep track of what gold is doing, whether stocks are up or down gold has inexorable advance up 2 . In case youre counting, that is up 33 on the year. That is dwarfing any other particular investment. I would include in that batch all the major market averages and what is happening with bonds. Gold has glitter that defies almost all the traditional trajectories you see. Lets get a read from Jackie Deangelis following the fastmoving market d...

Really be calling for the end to capitalism rather than lets say redefining the notion of profit. Well you could be defined the notion of profit and you could have the government come in and the private sector say we make profit and you the government do important things like prepare for viruses that threaten bubbly tell but in american capitalism if you give this much power to the private sector they have always prevented the government from having the power and the resources to do these kinds of things and they do that for a simple reason that they are afraid of the government as a competito...