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Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you ta...

It is monday, december 3 of of. Hillary 30th30th. Fbn a. M. Starts right now. Its a beautiful morning. I think ill go outside for a while. And just smile. Cheryl it is a beautiful morning welcome to fbn a. M. Im cheryl casone. Lauren one of the final mornings of 2019. Your money is moving this morning. The dow higher by 25 25 s p up , nasdaq up 9 andahalf. The s p 500, if i the best performance since 1997. Lauren stocks in asia mixed. China, shanghai composite up 1. 2 , nikkei down three quarters of 1 today. Cheryl over in europe, come off a strong week for markets, a little bit of red but las...

Their highest levels over the past year. Scarlet mark had a lastminute first. About 1. 9 . No clear reason on why it got this pop at the end of trading but we will continue to look into it. Lets look at what our reporters are monitoring. Abigail i was watching those record highs and the very small gains. The reason we are doing it again today is to see how it is working. Seriesed we would see a of alltime highs back in october. The rally this year and then in the spring and summer, a battle between the bulls and the bears making it more constructive. Buyers were the getting more conviction, mo...

Weak. In the two statements two fed precedents dissented, kansas city president Esther George and boston president rosengren dissented that is the third time they both dissented. Jim bullard did not dissent on decision. He thinks this is where the fed needs to be with the 25 basis point cut. He believes this is enough. He wanted since last meeting, he want ad 50 basis point cut. This time he got the level he believes. Fed lowered rate on excess reserves to accompany rate cut is 1. 55 . The big news, the Federal Reserve cutting the federal funds rate quarter of a point but signaling a pause for...

In other news, englands fracking industry has been much slower than expected to get up and running a report says low Public Acceptance is partly to blame. Turkey and russia have agreed what they say is an Historic Deal aimed at keeping Kurdish Forces away from syrias border with turkey. A generation of young people with special Education Needs are being failed a report by mps suggests bureaucracy and a lack of funding is tearing familes apart and in sport, it was a five star night for the english clubs in the Champions League as harry kane revives tottenhams qualification hopes, Raheem Sterlin...