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Transcripts For FBC Making Money With Charles Payne 20240713

Charles stocks continue to record run, dow, nasdaq and s p all record highs, mostly because of upbeat earnings, in fact, housing went through the roof, punt intended, 1. 4 million, the number well over 1. 6 million, thats what we call a monster beef, folks, jackie on more of the housing renaissance, jackie . Good afternoon, this is a monster beat when you take it bo context, you see why the market is up, strong earnings, great progress on trade but also strong fundamentals, thats such an important piece of the puzzle. Take a look at this, the month of december, that was the housing start, highest level since december 2006, more than 40 year over year, increasing to highest level, multifamily strongest since 1986, this is all according to the commerce. Now whats spewing the spread, the rates, its not just the fed, also strengthening the u. S. Economy, thats what makes people more confident to go buy homes, people that are scared dont want to commit their money even if rates are low, whe ....

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