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congressional leaders back to the white house with the days to get a deal done simply running out. will either side budge before default? that economists say could be a catastrophe. so word is republican governor ron desantis is now just days away from declaring his 2024 run for president, but the new fury he is facing in florida, all this now on cnn news central. we have new there are new details coming out this morning on the terrifying random shootings in farmington, new mexico. this happened yesterday afternoon and now three people are dead and six others are wounded. police are calling the shooting purely random. the gunman has not been identified but police do say he was 18 years old and he was killed by police once they arrived on the scene. cnn s natasha chen is following this for us, she s joining us now. natasha, the randomness of this is what is so scary. what more are you learning? reporter: the police chief posted a video to facebook last night ....
Using a stock tool that says, yes. Me list yashgs after sulissa go out on a shopping spree. But if you choose wisely, there could be some money to be made. Now using a quantitative tool looks at market action. We looked at past occurrences when the retail etf has fallen 7 or more within one month as it just has. That has happened 12 times since 2009. Now no clear signal for the xrt itself about half the time it continues to lose ground. But we did find some good individual stocks. Now as for macys, nordstrom and jcpenney, they only post rebound gains of 67 of the time. But when they do rebound, theyre good for 2 and 3 average returns sprerespectivel. There are special i dty and dist names. The names are more reliable bouncing back one week after the xrt loses p 7 or more within one month. So look for names like tjx and ross stores. Head over to cnbc pro for more on other parts of the Consumer Sector that tend to bounce back. All ....
Geopolitical events, and i wanted to hear a bit more about the impact of politics here in the United States. This is an election year. What effect, what impact that will have on the economy . Because there was quite a lot of economics in the presentation. I understood most of it but, i mean, part of it not most of it. Im not an economist. But i wanted to understand the impact of the politics on the economy. So im now in my fifth year. Im one day, frankly, into my fifth day at the fed. So this will be my third election cycle and i can say that politics plays absolutely no role whatsoever in our deliberations or in our decision. So we you know, the focus inside the fed is very much not partisan politics or elections. Its very much economic fundamentals, so it can be very jarring to emerge from the fed and talk to people who think of politics think of economics in political terms, which i referred to earlier. Honestly, it has no effec ....