Vice president ial contenders take the stage for the one and only vp debate in Salt Lake City tonight. We will take you straight to the beehive state for a live preview of what could be the most intensely watched vp faceoff in history. And our allstar Political Panel, Brad Blakeman and mary ann marchon on why the president chose his Supreme Court nominee over trillions in coronavirus stimulus yesterday only to reverse. Plus, slack stepping it up to take on tiktok and instagram . Slack unveiling workplace video stories as it fights off new challenges from google. Ceo Stuart Butterfield joins us live in just a moment because they have a whole host of other things they are floating. Really interesting things. In the meantime, lets get to the president s tweet thats got the markets doing quite a dance. This is what we saw at this time yesterday, after President Trump put a full stop to stimulus negotiations. You could see it. It really began to fall very dramatically. His tweetstorm right
University, so you dont learn all the tough lessons of trading the hard way. President trump pushing republicans to do a bigger stimulus pack on toe help struggling families to help boost the economy. Will lawmakers listen . I will ask senator kevin cramer coming up. All that and much more own making money. Charles oops, it happened again. Yesterday the market surged as the Federal Reserve wrapped up. From would be whether wobbly to fullblown swoon. In this is not the first time it played out. When there are more winners than losers, happies because of the waiting system but it often triggers more selling and cause investors to sit on their hands. How do you buy stocks when the overall market is down but not really down . Ipo mania. Everyone is asking is it sucking some of the oxygen out of the rest of the market . The singlefamily housing boom, does it continue or too late to leverage your portfolio to this phenomena. We have a lot to cover. I want to bring in jared levy, paul schatz
To november. U. S. Jobless claims. Below a million First Time Since the lockdown started. Blowing away optimistic expectations from housing, manufacturing, employment. The s p with alltime high. It would be monumental. I have two of the best Money Managers who will share your thoughts as well. Why are cities deliberately regressing into more dangerous havens of fear and hopelessness . The Economic Impact on people will last for a generation. Well have the latest. I will talk about this with gianno caldwell. I have my take. Well get his as well. All that and more on making money. Charles all right the economy continues to show strong signs of coming back with more evidence coming today. A huge drop in jobless names. Rise in Home Mortgage applications. Here is the breaking news for you, folks. Initial jobless claims are down 228,000. Continuing claims down 604,000. Pandemic assistance down 167,000. This is delayed. As of two weeks ago we had three million fewer people on total unemployme
Sort of waiting for it. We got it today. Very interesting, and a lot of this comes from some of the overnight data we got overseas, like you mentioned from china, and then the u. K. And from germany, and of course now here in the u. S. Markets deteriorate in the last hour or so. David we come back to the same question again and again. Is this a projection of future growth, or or of a position where people need to put their money somewhere and drive down yields as a practical matter . Taylor lets get a quick data check. It is all about bonds today. We talked about futures here after what was a really good day yesterday, deteriorating this morning. Off about 1 or so. Ns is back in positive territory. German tenyear now at a 64 basis points. You wonder what the ecb does next. When we look across asset for the safe haven plays, for me it is all dollaryen. We have again continuing to strengthen. Handle is something that catches my eye. Gina we are joined by martin adams and vince cignarella
Maria good wednesday morning thank you for joining us. I am Maria Bartiromo it is wednesday march 20. Wednesday news 6 00 a. M. On the east coast, the fight in texas deepens federal appeals gives an order the bars texas from arresting anyone entering the country illegally hours after the Supreme Court gave the goahead for the state to enact the law. We have the very latest, markets are searching for direction in their mixed on this fed did the Federal Reserve kick conclude the twoday policy meeting with the press conference 230 eastern we will hear from jay powell some clarity and whether they will cut Interest Rates in june, european markets mixed take a look at the eurozone uk is fighting to 3. 4 level that is lower than expected the bank of england making the Rate Decision tomorrow. Green across the board higher in the asian embassies, the House Oversight holding an open hearing on joe bidens influence peddling a misuse of public office. Hunter biden was invited to testify publicly