so he thought when he met thomas payne, payne was a really good writer. and if it all went bad for pain it would not be as bad as if it all went bad for him. and he actually wrote this to his kid. let me read a little from what he said. he said about the year 1774 certain thomas payne arrived in philadelphia from england with a letter of recommendation from dr. franklin. he was waiting for employment, he started running for united states magazine. he did this with great ability and in one of my visits to the bookstore and met with mr. pain and was introduced to him. his conversation became most interesting i asked them to visit me which she did a few days after. our subject of conversation was political, i perceived that he realized the independence of the american colonies upon great britain and that he considered the measure as necessary to bring the war to a speedy and successful issue. before this interview i put some of my thoughts on paper about the subject and was preparing to address the inhabitants of the colonies upon it but i hesitated at the t

that is payne's genius.e is the plane-spoken language of a tavern goer really to engage ordinary people. he is not writing for the thomas jefferson's of the world. he is writing for the man or woman in the street who can be persuaded by well-reasoned yet clear and accessible pros. peter: take it forward, where would you put him on today's political spectrum? prof. bell: his politics are completely fascinating. to understand his politics, you need to realize that common sense is not all there is to thomas payne. i would argue that tom payne wrote three masterpieces for which he is remembered. in some ways they are very different from one another their are common sense, the rights of man, and the age of reason. he wrote the other two in the 1790's about two years apart and they have a lot to do with the context of the french revolution which was unfolding by that time. what we can say at the general level is that payne knew what he thought, and that his ideology was consistently pro-republic with a small r, an

have numbers and there is the all-star group, going to be reacting to all of this look at charles payne, he comes with a smile, you are watching "mornings with maria" live on fox business, right back. ♪ ♪ . don't leave me this way ♪ . the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ >> woman: why did we choose safelite? >> vo: for us, driving around is the only way we can get our baby to sleep, so when our windshield cracked, we needed it fixed right. we went to safelite.com. there's no one else we'd trust. their experts replaced our windshield, and recalibrated our car's advanced safety system. they focus on our safety... so we can focus on this little guy. >> singers: ♪ safelite repair, safelite replace. ♪ people are excited about what ai will do for them. we're excited about what ai will do for business. introducing watsonx a platform designed to multiply output by tailoring ai to your needs. when you watsonx your business, you can build ai to help coders code fast

payne, i'm sor rirk mr. payne. mr. payne: thank you. you know, in reference to the question asked of mr. gardner in terms of his salary and bonuses, i think it pails in comparison -- it peals -- pales in comparison to freight rail compensation on the other side which is not open to the public. so we know that their compensation other the past several years has been in the millions. so i think we -- thank you, mr. gardner, for working at a bargain basement salary. mr. gardner, while some parts of the country are slowly recovering from covid, and the intercity rail ridership, others have almost fully recovered. an excellent example can be found in the ridership numbers and investments made in north carolina and virginia. please tell us the state transportation agencies are doing differently what they're doing differently to drive an increase in the inner city rail passengers and what amtrak is doing to shift these state transportation agencies in fulfilling these goals. mr. gardner: thank you for the question. you're right, north carolina

payne: mr. speaker, i rise today to discuss how my fellow democrats and i are putting people over politics. we are lowering the costs of lifesaving prescription medications such as insulin to $35 for all americans. and we have capped that for seniors as well. we are increasing the american middle class with more than 13.5 million jobs created since president biden took office. and supporting policies that help american families. we are providing clean drinking water and high-speed internet to more american homes every single day. we are fight to protect a woman's right to make her own health choices. in addition, we are working to make communities safer and defend our freedoms across the world. for example, my safer neighborhoods gun buy back act would use federal grants -- the speaker pro tempore: the gentleman's time has expired. mr. payne: and get guns off the streets. i'm proud to belong to the democratic party because it supports the american people. the speaker pro tempore: the gentleman's

among our featured books common sense by thomas payne. huckleberry finn by mark twain. their eyes were watching god. free to choose. watch our 10 part series books that shaped america. on c-span, c-span now our free mobile video app, or c-span our. next, a conversation on defense spending with researchers. the panel discussed budgeting, the cost of military reform and personnel pensions.

we will begin the series september 18, at 9:00 p.m., live on c-span, and kick off with thomas payne, who wrote down the frustrations that early americans were feeling. from there, we go to lewis and clark, who explored and catalogued to the unknown, zora neale hurston, who helped to define the harlem renaissance, and vocalized the fears that many were feeling during that time. and to milton friedman, who defined the economic system that drives us. these are just some of the authors and books that we will be exploring in our 10 week series. books are meant to engage, enlighten, enrage, and energizes. that is what we are hoping to do with the series. the 10 books that we have chosen for this series represent different euros, top -- eras, topics and viewpoints. they are derived from a large list of 100 books created by the library of congress. if you like the list chosen, thank the library of congress for their 100 books that shaped america. if you don't like our editorial choices, blame c-span and share your own list with us. there are couple ways of doing that. the website for doing t

brick in ooze, we've heard from sean payne, talking to our gabe cohen in wayne.you heard him call it bs essentially, a joke to the notion that they could bankrupt the industries by simply submitting to their demands. they could double their pay in some respects. the unfair labor practices were described as rashida tlaib also mentioned with gabe cohen. there is so much more that is happening. gabe, you had the chance to talk to champagne. he's the person that they are speaking to. he demanded them to come to the table for their members. at they did not do so, there will be more areas for a strike. >> yeah, and that is what we are wondering. we are talking about 145,000 uaw members across the country. right now, as of midnight, about 13,000 are on strike, less than 10%. three facilities, one, this for plant here in michigan, a gm plant in missouri and a stellantis plant in toledo, ohio. the question has been this tactical strike, laura, what would the impact be? how much of a hit what the auto industry take if, perhaps, they can't get certain parts, or they can't f

good afternoon, everyone, i'm charles payne, this is "making money." breaking right now, the stock market's just kind of marking tame right now. we -- time right now. we came out of the gate pretty good, short of -- sort of slowed up, but this was an extremely consequential week. we're going to have some major moves, post-summer moves, and i've not you governorred with -- covered with some amazing guests. those job numbers should bring a smile to jay powell's face. but forget about ufo, who's running the fed? and we're going to break down the current labor trends. more importantly for us, the challenges, small businesses, they have some unique challenges. we've got some unique ideas. what about nepotism? it's all the rage, right? everyone's talking about nepotism these days. well, it's entered the housing market. is that a bad thing? i've got a next guest who says beware. and forget yolo, how about you only die once? if why americans are ruining their future to be hot in the moment. all that and so much more on "making money." ♪ ♪ charles: all right, f

here now with reaction on fox business our friend charles payne with us. we have difficulties armed. this is the lifeblood of the world's economy and now we are vulnerable to some most hostile regimes for the lifeblood of the economy. how does that make sense? >> you know what, it's so mind boggling it's almost unbelievable sean. the self-inflicted wounds that we are putting on ourselves and the american citizens is just absolutely nuts. let's talk first and foremost about some of these things. the new mexico thing for instance. under the guise of helping native americans control tribal land, when a democrat says they're coming to help you that means they're going to hurt you and set you back about 50 years. the navajo nation makes about $6 million a year on oil leases if biden is successful there they'll lose 200 million. california pays $25 billion a year to import oil them. can drill that they drill 400,000 barrels but bring in 1.8 million so these self-inflicted wounds ultimately it's the citizens that pay for it and by the way there are estimates that

payne notes that there is nothing strange.s undergo special psychological training . he will be the foundation and she says i will fall asleep because i hear something. i have it, there it is, it is at my place. the seagulls are just sitting. the teapots are resting . yes, it breathed. well, he says, he fell asleep and left. further and that's how he floated and floated, well , that 's all. there is allegedly no fleet of its own oleksandr zavhorodny oleksandr rybachuk andriy marchenko the same 1+1 marathon single news the cabinet of ministers approved the draft budget for next year more than half of all resources of this budget will be directed to the provision of defense and of security, we are talking about over one and a half trillion hryvnias , which is 113 million more than was allocated for 2023. this was announced by prime minister denys myhal, and the next list of funding priorities is the social sector, medicine, education, and in addition, expenditures on supporting veterans will more than double. this the amount wil

joining me is payne capital management president and host of payne points of wealth podcast, ryan payneall morning is adam johnson, adam i, i want to kick things off with you. we have a market that is up pretty nicely after that big selloff yesterday. the market's down better than 1% yesterday, the dow industrials down almost 400 because yields, interest rates are going higher, yields pulling back this morning but the 10 year hit the highest level in nearly 20 years yesterday, we're sitting at 4.502% on the 10 year and two year at 5.095%. your thoughts. >> it's been grating on me, maria. i've been in a foul mood over the past week. clients have been calling, saying what's going on with the market. it's all about interest rates. when borrowing costs go up, stocks go down. as you point out, the 10 year yield yesterday above 45 of, the highest in 16 years. that is why stocks are at six month lows. it's upsetting. the irony of this whole thing, maria, as we know, inflation is way down from where it was and ppi was 11%, now it's two-ish, cpi was 9 and now it's 3-ish. inflation is coming down

and fill it out for you, knock on your door and you don't need to be voting for someone. >> charles payne and joe concha, great to see you. thank you so much. now to the greatest development of editor in chief and latest investigative reporter and justice news com and according to european union memo obtained by the solomon and eu states they've they're stating for the top prosecutor out of office within six hours and a billion dollars and john, great to have you back. >> good to be with you, sean? >> we knew in october 2015 it was official biden -- so i recollects obama administration policy that ukraine made enough progress on corruption they were going to give a billion in loan guarantees and that was joe's job a couple months later to deliver that. that's their policy. now there's more evidence that the world's consensus is exactly the same in terms of progress on corruption, is that true? >> yeah, you got it right, sean. every part of the story with joe biden is cassioppi lathed laids in the democratic party gave us during 2019 impeachment and 2020 in the election and every day since

joining me now, managing principal and finder, ryan belanger and ryan payne is with us on set.t futures this morning, it's been a rough week at the office. we have another day of down arrows for our viewers, dow is down 34, s&p down 4. taking a look at treasury yields this morning, this has been an interesting story. the two year is now flat, the 10 year slightly higher, but it's been kind of a rough week for the two and 10 year. new york federal reserve president john williams spoke about the state of the economy yesterday. he said he thinks we've gotten monetary policy in a very good place in terms of we have a restricted stance of policy, all that talk about to have a recession has vanished so ryan, do you agree with his assessment? because if what he's saying is true, that means they may stop raising rates. >> yeah, good morning, cheryl. i'm not sure if i agree with those comments or not. it's just hard to predict these things. let's not forget it's just a year ago the same people were calling inflation transitory so it's just very difficult to predict and i think what we n

brian: we have to go, charles payne, million dollar man. charles: me and the government have a special relationship. i make it they take it. good afternoon, everyone, i'm charles payne. this is "making money." right now the market is showing really impressive resilience. think about this, inflation came in hotter than expected. is this a signal to make major changes in your portfolio? alli mccarthy, victoria fernandez on deck will break it down at the start of the show. high prices, who cares? according to one analyst it doesn't matter because we're quote, house rich. i have two top economists on the street to argue about that at 2:25. senators are getting a crash course on a.i. many are worried because they're to familiar with the word artificial but know nothing about intelligence. china and russia are courting north korea, folks. this could not be good for the world. my take on the dangerous direction going unchecked. all that and so much more on "making money." ♪. charles: all right, so it ain't goldilocks but it ain't too bad either. s

payne.m going to start with you on this. we have futures down again, second day in a row. we lost a couple hundred yesterday on the dow, now we're down 65 in the premarket. if you say the real month of september kicked off yesterday, i'm not sure how we're all feeling but apple, alphabet, nvidia, intel, tsmc, all considering -- they're all considering buying shares in this chip design firm, arm, which is this ipo. the target valuation is 52 billion. this is kind of a big story that's been flying under the radar for the markets. here we are today. >> yeah, here we are. it's the biggest ipo since we had rivian in 2021 which was an ev car maker which hasn't fared well since but -- cheryl: not the best comparison, ryan. >> it's a sign of the times. i think this is a good sign for the capital markets. you're starting to see ipos come back. bbirkenstock should have an ipo later this year. everybody loves them. the company's been around since 1774. that could be a big ipo this year. instacart's ano

i know someone who has enough mon toy to go is charles payne. charles: if the market keeps like this i don't know about that thanks a lot. good afternoon, everyone, i'm charles payne this is "making money." breaking right now, first put this in perspective. historically this is usually the worst week of the year for the stock market historically. thus far, past has been prologue. what is exactly spooking this market. jamie dimon talking about fed fund rates at 7%. the economy finally really breaking down and by the way quickly, bond yields certainly don't point to an economic confidence. maybe just the fact that the market needed to, rally needed to take a break. listen, another problem, everyone is certainly beginning to be tapped out. that is exempt for the richest 20% of americans who have been carrying the load. peter sank on how long that can continue. president biden trying to show he is with the union even as he pushes a ev agenda that will kill automaker jobs. how ill-suited unions are for the modern economy. you don't want to miss my ta

good afternoon, everyone, i'm charles payne. this is "making money." football markets trying to -- financial markets trying to regain their footing after jay powell appeared at least to throw in the towel on a soft landing, so today a brigade of fed speakers trying to keep things real but at the same time trying the keep things calm. we're going to play scenarios out for you on this show. we've got you covered how you want to be positioned. plus, the bond boondoggle. never have bonds been down three years in a row. we're going. to discuss the risk of risk-free investing. and then there was a time when ph.d.s were actually a rare thing at the fed, that's right. now, of course, you trip on them every time you walk down the hall, but could the fomc actually use some street smarts? senator bob menendez hit with his second corruption charge in less than a decade after fbi agents found gold bars in hissous house, even cash stuck in his pockets. i can't wait to hear what david webb has to say about that. all that and so much more on "making money." ♪ ♪ charle

. >> ainsley: the money man, charles payne, who gave the bes. for the economy.da we'r.e going to ask him, comingy up. ♪ sco into a depression. (how do you feel about that?) pretty sad. i posted it to show that kenny's not always happy. within 24 hours people had donated over $5,000. no, you're kidding. (we set up the patriotic kenny foundation) (to give mobility scooters to veterans.) it has changed my life tremendously. (none of this would've happened without tiktok.) providing for your family is a top priority. but what happens when you need affordable health care? christian health care ministries could save you up to 40% today. as a member, you can choose your provider without network restrictions. sign up at your convenience with our anytime enrollment. join a christian community that supports each other's medical expenses, offering peace of mind as you prioritize what's most important. enroll now at your chm dot org ♪ hit it ♪ ♪ it takes two to make a thing go right ♪ ♪ it takes two to make it outta sight ♪ ♪ one, two, get loose now ♪ ♪ it

watch "books that shaped america" featuring thomas payne's common sense monday night at 9:00 easternn c-span, c-span now our free mobile video app or online at c-span.org. scan the qr code to listen to the companion podcast and learn more about the authors of the books featured. ♪ >> this week on the c-span networks, the housend senate are in with both chambers continuing work on federal spending bills to avoid the government shutdown deadline. on wednesday, attorney general merrick garland testifies before the house judiciary committee examining the justice darent under his leadership. en transportation secretary pete buttigieg testifies before the house transportation and structure committee has department policies and programs. wednesday, federal reserve chairman jerome powell holds a virtually press conference. watch this week live on the c-span network or on c-spanow our free mobile video app. also, head over to c-span.org scheduling information or to stream video live or on-demand any time. c-span, your unfiltered view of government.

>>c >> charles payne, joe concha, great to see you both. thanha paynek you. all right. now, as promised to the latest breaking developmentso editor in chief, investigative reporter lates justin newscom. bycording to a europea an union memo obtained by solomon, the eu disputes biden statedthev reason for forcing ukraine's top prosecutor out of office within 6 hours, leveraginggrea $1,000,000,000 anyway. john solomon is with us now. john, great to ht to have you b. >> good to be with you, john. so we knew in october 15 that it was official biden. i'm sorry, administration policy that ukraine had madeukra enough progress on corruption, that they were going to give a billion in loan guaranteesnt that was joe's job. a couple of months later to deliver that, that'snow th their policy. now we have more evidence thateo world's consensus was exactlyn the same in terms of progress? on on corruption. >> is that true? >>, you got it right, john. listen, every part of the story that joe bidenis c and his acols in the democratic party gave us during 2019, impeachment, 2020, in the el

brown and i have the privilege executive director grat research scientist of the doctor and joyce payneter for social justice, housed in the thurgood marshall college fund. after nearly two years of research and collaboration with the center for black voices headed by doctor camille lloyd we have some shocking and reinforcing data to share with you today. we are making a 100 year commitment to bring the data once a year and a system and form that's a dashboard much like tao or nasdaq where you can track the movement of racial progress in this country. we were struck by an interesting conversation in black america and that was the difference in the nexus between social justice and civil rights. much of our language in the country is focused on civil rights, and it dates back to a series of litigations, lawsuits, movements and activations regarding racial progress. but in the seventh pamphlet of hamilton's federalist papers, and everyone seemed hamilton i hope, in pamphlet seven, hamilton introduces the concept called social justice and social justice for all of the fancy terms means fair

among our boats, common by thomas payne, huckleberry finn by mark twain, and free to choose by milton and rose friedman. watch our 10 part series, books that shaped america, starting sunday, september 18. >> c-span shop fall sale is going on right now at c-spansh op.org. there is something for every c-span fan and every purchase helps support our nonprofit operations. scan the code on the right to start shopping right now at c-spanshop.org. >> next, a look at competition with china. the chair and the ranking member of the house select committee on the chinese communist party discuss the chinese economy, taiwan, trade and human rights concerns. posted by the council on foreign relations, this runs just over an hour.

let's bring in charles payne now, host of "making money" on fox business. charles, let's start here with younger american adults, a lot of challenges facing them particularly at this moment. as you know, mortgage rates are historically high. wages have been increasing obviously. but not keeping pace with inflation. now today a whole lot -- a whole late of people, millions will have to start making these hefty monthly payments once again. >> yeah, listen, it's a little -- it's tougher for them, but also the ones that have college degrees, it's not as tough. we got the jobs report. what i found to be interesting, 736,000 people got back in the labor force. they decided to look for a job. every group, every educational group i studied got back except college grads. they didn't have to. they have the lowest unemployment rate, make the most money, live the longest and enjoy the best lives. so this is an obligation that a lot of people made willingly because if you graduate particularly from an american university, you are absolutely the most blessed person on th

payne doesn't need them or want them there. your comment, please?r president is doing a great job negotiating with the companies right now. we're doing everything we can to protect our members through this process. i'm sure there's resources available and if we need to use those, they'll be there. but at this time, i'm going to follow my president's lead. stuart: dave, we've got reports that your guys, your members have been losing ground for many years because of inflation. but your wages simply have not kept up with rising prices. do you blame biden in any way for the inflation which some people say he caused. >> i don't personally blame president biden for inflation. this came out of covid and we know that that had a huge impact across all sectors in our economy and our country. i know inflation is starting to level off a little bit. but, look, these corporations they've had $66 billion and are million in buy backs over the last decade and have made over $250 billion, that's a lot of money. workers right now, we want our fair share. stuart: would

. >> julie: charles payne host of making money on fox business joins me now. they love to out the the fact that jobs are up, wages are up. when you look at inflation and look at rising costs, groceries, for example, and wage increases mean nothing. wage increases mean nothing when you are paying double. >> i saw that interview with shannon over the weekend and i was screaming. just be honest. edward alluded to 26 months in a row where wages were down year-over-year. 26 months in a row. a couple blips does not erase that pain and agony. you take inflation from 0% to 9%, core inflation 4.7%. people live there. it is not a number to regular folks out there. what's really amazing about this, julie. we've spent so much money and they were talking about the deficit spending. we'll have $2 trillion in deficit spending in even someone like a jason fuhrman says he has never seen anything like this. this has never happened in a peacetime non-emergency year. we've never spent this kind of money. the american people are asking what are we getting for it? what are -- where

payne: mr. speaker, i rise today to discuss how the extreme magga republicans are plotting a government shutdown. and forcing a partisan impeachment inquiry. while my democratic colleagues and i are putting people over politics to help working americans, the maga republicans are doing nothing to make life better for americans. they're pushing a agenda of cuts to childcare, health care, education and public safety. they want to allow dangerous people to own guns, and they want to limit voting so only their supporters can vote and they want to take away rights for women and minorities that are protected in the constitution. even senate and moderate republicans oppose their plans. their extremes make our country weaker and hurt american families. they need to serve the american people and stop this pursuit of a radical agenda and with that i yield back. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> thank you, mr. speaker, i ask for one minute and t

already log his former georgia congressman doug collins and pain capital management president ryan payne"mornings with maria" is live right now. maria: the united auto workers strike is entering a fifth day, fox business jeff flock is live in toledo ohio with the latest. good morning. >> good morning to you, both sides to get in as we speak on day five, some of the strikers back there at all 12 gates at the toledo assembly plant first stellantis. we heard from shawn fain the uaw president who made a threat that the strike could get bigger. here's what he said on the uaw website last night. >> if we do make serious progress by noon on friday september 22 more locals will be called to stand up and join the strike. >> automakers also pushing back this morning, ford overnight appointing reporters to the per our labor cost they say right now there's putting $66 an hour with benefits for labor, nonunion tesla $45 if they meet the unions requirements and would go up to $136 an hour they just cannot afford that. ford is losing over $4 billion this year on ev's is another big issue on the strike,

hf payne was arrested by the federal cavalry at his home in warrenton, virginia. now he would claim when he was arrested that he had actually just been getting ready to go see hancock and to turn himself in. it's a nice claim. but amid the manhunt for the assassins he was sent to washington's old capital prison. on april 21st. he was sent on to johnson's island in ohio. he would not be released until june 2nd, but keep in mind. he doesn't know that he's going to be released at all. he's going to sit in prison for a long time for failing to seek out his parole. then there's mosby. mosby continued to refuse to surrender his command. despite several meetings with hancock's subordinates at millwood mosby elected to disband his rangers on april 21st, rather than surrender them. his final act as a colonel complete mosby and six of his men. climb destroyed their horses and they headed south they headed south to richmond where mosby said that he hoped to confer with lee and find out how he might continue this war. the majority of his men, however road not south but northw

thomas payne famously wrote in his pamphlet, "these are the times that try men's souls. the summer soldier and the sunshine patriot will in this crisis shrink from the service of their country, but he that stands by it now deserves the love and thanks of men and women. tierney, like hell, is not easily conquered." from the earliest days before we were even a nation, our military stood there and suffered the crucible of combat. each of us assigns a blank check to this country to protect our freedom. the blood we spill pays for our freedom of speech. our blood pays for the right to assemble. our due process, freedom of the press, right to vote and all the other rights and privileges that come with being an american. it is the blood of our fallen, the blood of our wounded that sustains our freedom, and we should always be inspired by them. we should never forget them, and we should always honor them. that is why my father's uncle was wounded in 1918. that is why his other uncle was hurt in 1916. that is why my uncle, my father's brother, was at normandy and why my mother's

what would later become known as the gulf of saros or the gulf of payne. and it hits a submerged and rudder, shatters, and a two ton anchor falls through the hull, leaving a gaping hole. and the ship for a moment is teetering on these rocks. and then another enormous wave sweeps the ship. this rocks and it's careening through a minefield of rocks. seal lying without a rudder and water pouring into the hull until a last. it crashes into a cluster of rocks, and the ship begins to break apart. and you have to understand, these ships were their homes, many seamen, most seamen back then do not actually even know how to swim. so you can imagine their terror as the planks shatter the decks cave, the cabins collapse, the mask down. water is surging up the bottom of the hull. rats are scurrying upward. those who have suffering from scurvy have been in their hammocks for months and could not get out drown. yet the ship did not yet completely sink. it became wedged almost miraculously between a pillar two pillars of rocks. so it did not sink, at least yet completely.

we are electronically grady trimble's interview with mary barr i am with charles payne this morning,ople said you understood officer would be leap don't insult the workers on top of everything else -- also, this notion that making products that people want to bring people don't want to buy evs 7500 dollar tax credit is it is a again a giveaway for the wealthiest people can write off 7500, the pretty poor of tax credit unless crash credit doesn't matter, far apart, 20% i think union come down no longer 46% already moved toward middle, some things that we don't know about, the unions want defined benefit plans want healthcare, retirement, mary barr did not mention talk about that, i think 3 the hour workweek getting paid for 40 his or is completely off the table for everybody, it is nonsensical wouldn't work for either side to be quite frank with you i think she has been timid, seems like, measured remember inflation reduction act put 40 billion dollars up for aurt makers august 31 glen hom another 12 billion dollars into pot seduced by falling to do this inssee it say hey, we want a p

for pickerington science after picket signs. >> ainsley: here with more with making money charles paynes a few hours long. not a complete strike. not 150,000 people walking off the job. that's threatening that's what it will become. it's interesting. inflation data including prices on cars. it was crazy because at one point, a 10-year-old minivan was the best investment you could have made because the price has gone up. minivan or apple stock. and so we have just gone through a price shock and only recently have some of these prices started to come down. we know that could change dramatically if there is a big hiccup at these automakers. >> . i think there are other issues. the biden agenda is really a problem. >> brian: electric car agenda? >> really a climate agenda and electric cars are just part of it. it's a crazy climate agenda. it's going nowhere. it makes no sense. it will do nothing for the climate. we are taking energy independence and flushing it down the toilet. this is the most maddening, crazy thing. i watch germany a lot they are ahead of us in this madness. they have des

joining me right now is payne capital management president and the podcast post of payne points of wealthohnson throughout the morning. adam, welcome to the conversation this morning. >> thank you, maria. maria: futures are trading lower, down 61 on the dow, nasdaq down 32. apple is down. yesterday out unveiled the iphone 15, a new apple watch, air pod pro, updated charging case, apple prepared to shift production to india. stock down 1 and three quarters percent this morning. what's your take on apple and how do you look at the markets as we head into year end. >> two comments. number one, i think you're absolutely right. the shift to india is the most interesting bullet point out of yesterday's entire announcement. the reason being that they have relied on china traditionally for the bulk of their production. shifting it to india is a very clear signal that they're not as content with what's happening in china. point number one. point number two from my point of view, in order to sell products in retail capacity in india, you have to build said products in india. well, what they're real

good afternoon, everyone, i'm charles payne. this is "making money" and breaking right now stocks are moving higher. now here's the good thing, they ignored the headlines. instead focusing on the true underlying trends. here is the other thing, the bond market is focused on them as well. welcome to this new world, folks, higher stocks and higher bond yields how long can it last? you couldn't get better than our first two guests. ed yardeni. we'll preview with the two of the very best economic minds on the street. does this mean that the fed's policies are working. certainly longs like it. judy shelton on that. the war on corporate profits. you heard about arm, they are trading now. the question everyone is asking, should you chase it? ann berry knows almost everything about the pc world. she is here to talk about it. by the way there are more ipos in the pipeline. all that and so much more on "making money." ♪. charles: all right, folks, just in, hunter biden has been indicted on three criminal counts related to possessing a fir

good afternoon, everyone, i'm charles payne, this is "making money." stocks losing that traction, right? now, this despite inflation data that was favorable. i think the message is clear. the stock the market fears the fed's going to go too far. that's my thinking. brilliant guests share their thoughts, more importantly, how to invest with all these crazy moves. i'll ask ed yardeni to handicap where corporate earnings are going. and now imagine, you own a stock and you wake up, it's up 130% and you're still down 99%. it's the latest example of silicon valley greed and and why i continue to warn you to avoid ipos for now. plus, the wokest place on earth just woke up. wait until you hear the drastic measures that sweden is taking to combat crime and inflation. all that and so much more on "making money." ♪ ♪ charles: so we've been told it's jay powell's favorite inflation gauge. it came out this morning. it was okay, right? i mean, you know, or sort of we got an initial sigh of relief on the news. but remember, the fed seems hell bent on more rate hikes,

charles: good afternoon, everyone, i'm charles payne this is "making money." markets meandering, the big, big fed meeting this week. what if i told you none of it really matters? i will show you something that will blow your mind. consider all the hoopla throwing granny off the cliff back in 2008, the fact of the matter we threw her off and guess what? we only got richer. i'm having some. best minds in wall street help us get through this. this has to be the longest ticking time bomb in history. the new world order, how will it three outfits a year, no auto ownership, zero meat and zero dairy. i would love to see your thoughts about the modern day utopia. tweet me @cvpayne. and the battle to keep our republic alive. all that and so much more on "making money". ♪. charles: all right, folks this week the federal reserve it's all about the federal reserve, government spending, debt all those things will dominate the headlines from main street to wall street by the way. think about this, this has been the case since 2008. remember back in 2008 when people started