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Mar 18, 2020
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david: thank you, robert wolf. invest in america, help and do well by yourself that is a great idea, i hope people take it seriously. >> moving on, coronavirus pandemic, young, healthy americans, offering helping hand to elderly neighbors, next. (howling wind) . . . who fought for you? who stood up. who stood strong. who demanded to be seen. to be heard. to be counted. learning about their courage and grit... ...inspires us to pass it on... ...to the women who are next. ♪ find your family's connection to this moment in history. at ancestry. (howling wind) (howling wind) ♪. david: communities across the nation are coming together to help those in need during this coronavirus crisis. jackie deangelis has more how the younger generation is pitching? reporter: good evening, david, as we watch the pandemic continue, elderly are at risk f you're over 65, you're most vulnerable population. meals on wheels is doing everything it can to make sure folks are getting meals and getting nutrition. right now in staten island the
david: thank you, robert wolf. invest in america, help and do well by yourself that is a great idea, i hope people take it seriously. >> moving on, coronavirus pandemic, young, healthy americans, offering helping hand to elderly neighbors, next. (howling wind) . . . who fought for you? who stood up. who stood strong. who demanded to be seen. to be heard. to be counted. learning about their courage and grit... ...inspires us to pass it on... ...to the women who are next. ♪ find your...
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Mar 11, 2020
03/20
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biden has a lot of problems, as a national candidate, i know robert wolf is shaking his head.ell against biden, he is not that inspiring. i think that democrats may say, what have we fallen into. >> i think if you follow twitter, i do too much i admit, there is a lot of people speculating that democratic establishment did just -- axe bernie sanders, there is still concern among bernie followers their man has not gotten a fair deal. >> like in 2016. >> right. >> i am wondering if he is holding out for some influence in party platform in the convention. >> i was thinking that. >> we could see bernie at the convention. i just think that bernie and biden's relationship, i am telling you is different, this not 2016. david: what would bernie like to have in platform that biden by himself would not put in. >> not getting medicare for all or -- >> that is the big one. >> or the green new deal. >> although. >> maybe minimum wage. >> robert if you read environmental position on biden's web site. david: 1.7 trillion. >> really close. >> it is not i tell you why. >> he embraces that has a
biden has a lot of problems, as a national candidate, i know robert wolf is shaking his head.ell against biden, he is not that inspiring. i think that democrats may say, what have we fallen into. >> i think if you follow twitter, i do too much i admit, there is a lot of people speculating that democratic establishment did just -- axe bernie sanders, there is still concern among bernie followers their man has not gotten a fair deal. >> like in 2016. >> right. >> i am...
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Mar 2, 2020
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robert wolf is a former economic advisor to president obama, ceo of 32 advisors, and a fox news contributore for this breaking news. >> thanks for having me. >> harris: when you look at bernie sanders, what he has been able to do, and he's got the fire of a fired up base, the burning brooms and everybody else who love him , why would democrats want to st necessarily? i note democratic socialist isn't as tasty of a turn. but why come out today and put your weight behind biden? which is the party say to joe biden -- i mean come at the bernie sanders -- as this happens connect >> i don't think they are moving the scale one way or the other. amy klobuchar is making an opinion and a decision that is based where she sees her constituents, minnesota, and where she wants to go, not having medicare for all -- >> harris: she was clear about that. >> she was clear about that. i think people are nervous about up and down the ticket. listen, if bernie is the candidate and he gets the majority, 1990 plus one, 40 don't knock the party will be fully binding. if he saw the candidate, the party will be behin
robert wolf is a former economic advisor to president obama, ceo of 32 advisors, and a fox news contributore for this breaking news. >> thanks for having me. >> harris: when you look at bernie sanders, what he has been able to do, and he's got the fire of a fired up base, the burning brooms and everybody else who love him , why would democrats want to st necessarily? i note democratic socialist isn't as tasty of a turn. but why come out today and put your weight behind biden? which...
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Mar 23, 2020
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robert wolf joins us, fox news contribute to, former economic advisor to president obama. always had a good sense how the democrats see these things, robert. republicans have been quite critical today. the basic argument is that the democrats are trying to push things into the bill that don't need to be in this. you know, collective, more collective bargaining powers, higher fuel emissions standards for the airlines, hey, let's wait on that. let's get done what needs to get done. what is happening to the best of your read? >> yeah. so my read is probably a little different. this should not be partisan in itself is a oxymoron. in 2018 and nine i was running ubs. we were the fourth largest bank in the world. i was there for the lehman crisis, we knew we didn't have the answers. also congress knew they didn't have the answers. so you had to find a time where bush and obama had to figure it out because of the transition and republicans and democrats had to figure out. and paulson, who was secretary of treasury at the time, went on, was very clear we have to do this. the banks
robert wolf joins us, fox news contribute to, former economic advisor to president obama. always had a good sense how the democrats see these things, robert. republicans have been quite critical today. the basic argument is that the democrats are trying to push things into the bill that don't need to be in this. you know, collective, more collective bargaining powers, higher fuel emissions standards for the airlines, hey, let's wait on that. let's get done what needs to get done. what is...
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coming up next, democratic fundraiser robert wolf tells us who really holds the key to the nominationstay with us. i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ashley: i want to bring your attention to the markets right now. the dow, 975 points gain. it was up to 980 just a second ago. can we hit the 1,000 point mark before we close in about 34 minutes from now, but these are the highs of the session. the s&p also up 3.5%. the nasdaq also up 3%. strong day of gains for the markets. no doubt. >>> now, no more billionaires left in the race. super tuesday turned into washed out wednesday for mike bloomberg as he officially drops out. joe biden is now emerging as the clear frontrunner in the democrat presidential race. fox news contributor robert wolf and the former ceo and chairman of ubs america joins us now in a fox business exclusive. robert, you've got to be smiling today. you are a joe biden fan. we
coming up next, democratic fundraiser robert wolf tells us who really holds the key to the nominationstay with us. i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ashley: i want to bring your attention to the markets right now. the dow, 975 points gain. it was up to 980 just a second ago. can we hit the 1,000...
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Mar 31, 2020
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robert wolf, thank you, always good catching up with you. ppe, you hear that term mentioned quite a bit. it refers to personal protection equipment, something that health care workers all need and you need, but it gets bandied around a lot. glad to see this fellow back to steer us through the next hour, charles payne. charles: neil, thank you very much. robert wolf with all the optimism, who knew. thank you very much, my friend. good afternoon, i'm charles payne, this is "making money" and breaking right now the market exhibits resolve trying to stop a massive leg down. we have better read on march consumer confidence. but here is the big question, folks, must major indices test lows before investors can buy aggressively? plus we have to take a closer look at the massive 2 trillion-dollar stimulus package. are americans being hung out to dry? whole foods having a sickout today. are they the new american heroes. media went after him after his white house speech, all that and so much more on "making money." ♪ charles: so it has been a mixed se
robert wolf, thank you, always good catching up with you. ppe, you hear that term mentioned quite a bit. it refers to personal protection equipment, something that health care workers all need and you need, but it gets bandied around a lot. glad to see this fellow back to steer us through the next hour, charles payne. charles: neil, thank you very much. robert wolf with all the optimism, who knew. thank you very much, my friend. good afternoon, i'm charles payne, this is "making...
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Mar 24, 2020
03/20
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bring in 32 advisors ceo and fox news contributor robert wolf. are you, cheryl? cheryl: i'm good. we talked about this before, as of today, what is different as you were there at the lehman table i call it from 2008 and today, what is different? >> it is dramatically different. back then there were three sectors we focused on, the banking sector, the houses sector and the auto sector. that is what tarp really funded. the recovery act you obviously funded other industries but also states. this was a financial crisis in '08 and '09 caused by leverage. there was leverage in the system everywhere. banks were levered, household was levered, consumer was levered. this is very different, cheryl. we've been speaking about it for weeks this is what i call a technical recession where both unemployment is rising and gdp is falling dramatically based on the pandemic. this was not something that was caused by leverage in the system or, what anyone did from a, what i would say a business acumen perspective. so it is quite different and for this we need to do r
bring in 32 advisors ceo and fox news contributor robert wolf. are you, cheryl? cheryl: i'm good. we talked about this before, as of today, what is different as you were there at the lehman table i call it from 2008 and today, what is different? >> it is dramatically different. back then there were three sectors we focused on, the banking sector, the houses sector and the auto sector. that is what tarp really funded. the recovery act you obviously funded other industries but also states....
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Mar 26, 2020
03/20
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let's bring in mark hamrick and former ubs america chairman and ceo, robert wolf. good to see you guys. >> good to see you. >> hey, cheryl. cheryl: robert, i want to start with you. interesting to see jay powell talking to america this morning and talking about the state of the economy. what did you make of his comments? >> i thought his comments were spot-on. it's a technical recession. we are absolutely in one. we will have one in the first quarter and second quarter. our hope is that it's not an l but we get a u or v shape. i think the amount of easing and liquidity he's providing into the system dwarfs what we went through in '09 when i was running ubs and part of their recovery advisory group. it's just if you look at the stimulus package out of the senate, which i call more of an aid package, not stimulus, and you look at what the fed's doing, we're in i would say the beginning phase of what we need to do. we have a lot more to do to get our recovery back. cheryl: i want to pick up on the ubs comments you just made but i want to get mark in real quick and ask
let's bring in mark hamrick and former ubs america chairman and ceo, robert wolf. good to see you guys. >> good to see you. >> hey, cheryl. cheryl: robert, i want to start with you. interesting to see jay powell talking to america this morning and talking about the state of the economy. what did you make of his comments? >> i thought his comments were spot-on. it's a technical recession. we are absolutely in one. we will have one in the first quarter and second quarter. our...
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Mar 12, 2020
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fox news contributor robert wolf and former ceo and chairman of ubs america joins us now. before we get to washington, what do you make of the financial names here? this is really looking stressful for them. >> yeah. so liz, i have been on a bunch of shows the last week and spoke to you quite often. this is not surprising to me. i know your viewers won't like this. when larry kudlow said to buy the dip, i profusely said that wasn't a smart move. i didn't think the fed's 50 basis point was going to do much. this is not a lehman brothers type crisis. this is not where the banks have deep leverage, where the households have deep leverage, where the consumers have leverage. this is much more like a post-11 type crisis where we have to get our hands around two things, confidence in the system meaning contain the coronavirus, and have a real tactical stimulus package. i was also not for the payroll tax cut. i don't think that does a lot by dribbling it out. we need to be very strategic here. and i'm not surprised by the banks. you have interest rates at 1% and going lower so the
fox news contributor robert wolf and former ceo and chairman of ubs america joins us now. before we get to washington, what do you make of the financial names here? this is really looking stressful for them. >> yeah. so liz, i have been on a bunch of shows the last week and spoke to you quite often. this is not surprising to me. i know your viewers won't like this. when larry kudlow said to buy the dip, i profusely said that wasn't a smart move. i didn't think the fed's 50 basis point was...
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Mar 18, 2020
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everybody has to take a hit, not just the american public, am i correct, robert wolf correct? >> he is absolutely correct. i may even take it a step further. i remember back in the financial crisis, we came to the aids of banks. we bailed them out at the last minute. i always thought a few years later, banks were making record profits, what about the taxpayers? taxpayers did get benefit and global economy didn't fall apart and country and economy back on what about the record profits? the u.s. taxpayers were investors in the bailout. i would like to see some type of structure of businesses to give back shares of stocks. so when the good times come back, and they will, they benefit as well. liz: brad, what are you advising your clients right now? have you proactively picked up phone? this is from specter group. i get a lot of reports. corona crash, what advisors should be saying to investors now. this came a week ago. this guy was ahead of the curve here. what are you telling your clients at the moment? >> i'm telling them right now, you have a situation where nobody really kno
everybody has to take a hit, not just the american public, am i correct, robert wolf correct? >> he is absolutely correct. i may even take it a step further. i remember back in the financial crisis, we came to the aids of banks. we bailed them out at the last minute. i always thought a few years later, banks were making record profits, what about the taxpayers? taxpayers did get benefit and global economy didn't fall apart and country and economy back on what about the record profits? the...
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Mar 31, 2020
03/20
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robert wolf, thank you, always good catching up with you. mentioned quite a bit. it refers to personal protection equipment, something that health care workers all need and you need, but it gets bandied around a lot. glad to see this fellow back to steer us through the next hour, charles payne. charles: neil, thank you very much. robert wolf with all the optimism, who knew. thank you very much, my friend. good afternoon, i'm charles payne, this is "making money" and breaking right now the market exhibits resolve trying to stop a massive leg down. we have better read on march consumer confidence. but here is the big question, folks, must major indices test lows before investors can buy aggressively? plus we have to take a closer look at the massive 2 trillion-dollar stimulus package. are americans being hung out to
robert wolf, thank you, always good catching up with you. mentioned quite a bit. it refers to personal protection equipment, something that health care workers all need and you need, but it gets bandied around a lot. glad to see this fellow back to steer us through the next hour, charles payne. charles: neil, thank you very much. robert wolf with all the optimism, who knew. thank you very much, my friend. good afternoon, i'm charles payne, this is "making money" and breaking right now...
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Mar 30, 2020
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melissa, for more what comes next, let's bring in robert wolf in, robert former economic advisor toe president obama, fox news contributor, ran uba america. interesting, robert, all the talk is not about phase three and stimulus we haven't seen phased in yet, but investors are moving on to the fact more might be needed, a so-called phase iv. let's talk about that. do you think the government will have to step in and do more and if so, what should the next priority be? >> thanks for asking. very interesting conversation between dan and melissa. one i would say phase three was not big enough. i think they were short a trillion. that means if i were voting i wouldn't vote for it but i would have argued for a lot more. i would have argued three things, obviously a lot more to medical and hospital workers. number two, a lot more to states. that is going to feel the impact immediately and for the foreseeable future, and three, larger direct payments to those unemployed and furloughed by covid-19. it was too small. not a stimulus as it wassuppose. more of aha on friday's jobless claims numb
melissa, for more what comes next, let's bring in robert wolf in, robert former economic advisor toe president obama, fox news contributor, ran uba america. interesting, robert, all the talk is not about phase three and stimulus we haven't seen phased in yet, but investors are moving on to the fact more might be needed, a so-called phase iv. let's talk about that. do you think the government will have to step in and do more and if so, what should the next priority be? >> thanks for...
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Mar 16, 2020
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robert wolf is buying stocks for the first time in a decade, makes me feel good.i love the fact michael lee said earlier we are actually in a bottoming out process, mitch, because when it looks this ugly, you have to believe that some people see this as an opportunity. is the fed cut, a point cut extraordinary, 150 basis points in just two weeks cut by the fed, is that going to be enough to lure people in to start refinancing, help the broader economy? >> i think it's part of the puzzle. fiscal stimulus is important and what fiscal stimulus looks like it what the market's going to be paying attention to and how long we bounce around the bottom is going to be dependent upon two things. how the arc of this health crisis goes along and what fiscal stimulus looks like and how we get money back into people's hands, so consumer confidence can be reassured and even if people are home, they know that they can pay their bills when they come in the mail. maria: it's anybody's guess if we see a rebound in the second half but most economists are expecting a pretty good bounce
robert wolf is buying stocks for the first time in a decade, makes me feel good.i love the fact michael lee said earlier we are actually in a bottoming out process, mitch, because when it looks this ugly, you have to believe that some people see this as an opportunity. is the fed cut, a point cut extraordinary, 150 basis points in just two weeks cut by the fed, is that going to be enough to lure people in to start refinancing, help the broader economy? >> i think it's part of the puzzle....
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that that allowed people to say biden is completely out even though his campaign was screaming, robert wolfwith i believe the night of the new hampshire primary, we were talking that joe biden and how badly he was doing. he's getting text in the biden campaign that they were echoing the next day saying no substantial voters of color have cast ballots yet. so you cannot frame this race in any real terms. and they were absently right. what was it about bernie that allows people on twitter and places like that? so it's the younger generation, they are online, social media, i use it all the time. i am obsessed i'm on the phone all the time when i'm traveling for you can vote on your phone bernie might be the nominee, but you can't. to everybody else who did not have their childhood will ruin by the women ghostbusters didn't even know about the movie, they only have ghost in the house eating medicine, those people actually voting. i think no matter how bad -- we are all plugged in and going on social media segment is a resurgence of people who are antiestablishment and they have a plan. you real
that that allowed people to say biden is completely out even though his campaign was screaming, robert wolfwith i believe the night of the new hampshire primary, we were talking that joe biden and how badly he was doing. he's getting text in the biden campaign that they were echoing the next day saying no substantial voters of color have cast ballots yet. so you cannot frame this race in any real terms. and they were absently right. what was it about bernie that allows people on twitter and...
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but first our panel, gary kaltbaum, robert wolf, liz peek and steve moore. let's get straight on it with blake berman at white house for more on administration's responses effort, what have we learned? reporter: just left the cabinet room, there was an hourlong meeting between president trump and top leaders of pharmaceutical industry, the whose who of companies. diswrons anjohnson & johnson, p, glaxosmithkline. the message was a couple fold, he wanted to listen to see where they stood in the process of delivering a vaccine or maybe a cure down the line, but president also want toed to make sure they could do so, preliminarily in up -- potentially in upcoming months. >> we're working hard to expedite the process of developing a vaccine, and moving with maximum speed too develop therapy so that we can help people recover as quickly as poke. we have a lot of recovery going on. we want to see if we can advance that. likely tooer that -- therapy will be available before vaccines. reporter: at the very end of the meeting i told the president that dow finished up
but first our panel, gary kaltbaum, robert wolf, liz peek and steve moore. let's get straight on it with blake berman at white house for more on administration's responses effort, what have we learned? reporter: just left the cabinet room, there was an hourlong meeting between president trump and top leaders of pharmaceutical industry, the whose who of companies. diswrons anjohnson & johnson, p, glaxosmithkline. the message was a couple fold, he wanted to listen to see where they stood in...
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that that allowed people to say biden is completely out even though his campaign was screaming, robert wolfwith i believe the night of the new hampshire primary, we were talking that joe biden and how badly he was doing. he's getting text in the biden campaign that they were echoing the next day saying no substantial voters of color have cast ballots yet. so you cannot frame this race in any real terms. and they were absently right. what was it about bernie that allows people on twitter and places like that? so it's the younger generation, they are online, social media, i use it all the time. i am obsessed i'm on the phone all the time when i'm traveling for you can vote on your phone bernie might be the nominee, but you can't. to everybody else who did not have their childhood will ruin by the women ghostbusters didn't even know about the movie, they only have ghost in the house eating medicine, those people actually voting. i think no matter how bad -- we are all plugged in and going on social media segment is a resurgence of people who are antiestablishment and they have a plan. you real
that that allowed people to say biden is completely out even though his campaign was screaming, robert wolfwith i believe the night of the new hampshire primary, we were talking that joe biden and how badly he was doing. he's getting text in the biden campaign that they were echoing the next day saying no substantial voters of color have cast ballots yet. so you cannot frame this race in any real terms. and they were absently right. what was it about bernie that allows people on twitter and...
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robert wolf, former economic advisor to president obama, robert, you know the former vice president asme, the allusion to early voting, so many people in north carolina voted before the south carolina result came in, same deal in california. so did this biden surge in turn come a little late or will the timing be just right? >> the surge definitely came late in the sense he is probably not going to do as well as he would have in california and north carolina, colorado, that had huge, maybe, 30% of their voters went early but the surge came well in perspective that you know, he is probably going to cut the bernie momentum maybe winning by 3 to 400 delegates. he will probably cut that in half to around 200 or less. i think you will see him do a southern sweep. he will probably win north carolina. he will win oklahoma, tennessee, arkansas. i think he is going to win virginia. i think he will close the gap in others but he will not be in the delegate lead after today. i think, connell, what a lot of people are not looking at, what comes after super tuesday. he will do well in georgia, flor
robert wolf, former economic advisor to president obama, robert, you know the former vice president asme, the allusion to early voting, so many people in north carolina voted before the south carolina result came in, same deal in california. so did this biden surge in turn come a little late or will the timing be just right? >> the surge definitely came late in the sense he is probably not going to do as well as he would have in california and north carolina, colorado, that had huge,...
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we will hear from the president momentarily as he signs that big initiative which, if robert wolf isight could conceivably be chump change in the long scheme of things. stay with us, you are watching "your world." hey, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. completing your 2020 census could mean smoother roads. or more emergency rooms. or more representation in our government. the census counts us all. and an accurate count helps inform where billions go every year. so, don't miss your chance to be counted. we're kind of depending on you here. complete the census, online, by phone, or by mail. shape your future. start here at 2020census.gov. (vo)ape your future. quickbooks salutes the grit and determination of those who work for themselves. they're the backbone of our economy. and in these challenging times, they're adapting to support their communities. but many need our help. if you're a small business in need, or want to help a local business, go t
we will hear from the president momentarily as he signs that big initiative which, if robert wolf isight could conceivably be chump change in the long scheme of things. stay with us, you are watching "your world." hey, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. completing your 2020 census could mean smoother roads. or more emergency rooms. or more...
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Mar 10, 2020
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liz: robert wolf this morning on "mornings with maria" had said a payroll tax, while a nice idea, it takes too long to get out there. he doesn't believe it would get passed and he advised both president trump and bush 43 during crises during that point when he was running ubs. i think that it's an interesting point. we will be watching for whatever they decide to come out with. blake, thank you very much. blake burman. >>> we've got 48 minutes before the closing bell rings. look at this. okay. we were just minutes ago up 783 points. we are still up about 768. looks like this market feels as if it wants to go higher, but no go for boeing. boeing is hitting new multi-year lows. we are at $222 change per share. the aircraft giant, the biggest loser on the dow 30 by far at this hour. today marks the one-year anniversary of the ethiopian air crash that killed 157 people and led to the grounding of boeing's 737 max fleet. shares are down 32% in the 52 weeks since this crash. >>> president xi faces the belly of the beast. a hospital in china's wuhan. the epicenter of the global coronavirus
liz: robert wolf this morning on "mornings with maria" had said a payroll tax, while a nice idea, it takes too long to get out there. he doesn't believe it would get passed and he advised both president trump and bush 43 during crises during that point when he was running ubs. i think that it's an interesting point. we will be watching for whatever they decide to come out with. blake, thank you very much. blake burman. >>> we've got 48 minutes before the closing bell rings....
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Mar 19, 2020
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we have robert wolf who will join us in just a second. he's getting mic'ed up.e, ladies and gentlemen, what the crisis would look like if it wasn't for our gig economy. if it wasn't for all the miracle drugs we have in the united states. if it wasn't essentially for the free market that has provided us with so much, particularly when you look at the gig economy, what would happen to our food lines, et cetera. we are in, you know, it's a terrible crisis but we are in great shape to face this crisis, probably better shape than we have ever been before. to robert wolf, who helped advise president obama during the financial crisis. you came up with some magnificent measures to get us out of that crisis and one in particular that you have mentioned to get us out of this crisis, robert, is something called a coronavirus bond, which you liken to a war bond from world war ii or something. explain how it would work. >> yeah, david, thank you. listen, this is very different than the financial crisis, when we were down there in the weeds with the recovery act. this is not
we have robert wolf who will join us in just a second. he's getting mic'ed up.e, ladies and gentlemen, what the crisis would look like if it wasn't for our gig economy. if it wasn't for all the miracle drugs we have in the united states. if it wasn't essentially for the free market that has provided us with so much, particularly when you look at the gig economy, what would happen to our food lines, et cetera. we are in, you know, it's a terrible crisis but we are in great shape to face this...
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Mar 11, 2020
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well here with reaction is former economic advisor to president barack obama robert wolf, robert, goodyou guys taglined joementum and i don't think bernie is feeling that today. steve: i don't think so either. where is the state of the rate right now. james clyburn down in south carolina said that if joe swept all six they should just end the primary seasonal right there, because they are going to wind up doing a lot of damage by, you know, having the bernie sanders people go out to the polls and then feel disappointed when he pulls the plug. >> i said last week with you guys after the first super tuesday that i thought it was over because the map, as you looked last segment looks incredibly strong for joe. you have florida, you have georgia. i mean, i think he is going to have an incredible march month. and i don't think that bernie is going to be able to catch up. to me it's over. i'm not saying that anyone should leave the race, but to me it's over. steve: when you look at some of bernie sanders policy proposals for instance medicare for all, a green new deal, special taxes on the w
well here with reaction is former economic advisor to president barack obama robert wolf, robert, goodyou guys taglined joementum and i don't think bernie is feeling that today. steve: i don't think so either. where is the state of the rate right now. james clyburn down in south carolina said that if joe swept all six they should just end the primary seasonal right there, because they are going to wind up doing a lot of damage by, you know, having the bernie sanders people go out to the polls...
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Mar 11, 2020
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we had robert wolf, former head of ubs america saying it would be very difficult. go ahead, brad, one second? and he's saying once again fully prepared to use the full power of the federal government and for now, at least all that we are seeing from the headlines is that that means he wants to see more face masks for health care workers here. charlie: i do have some reporting coming out of that meeting with wall street firms. they were very unspecific on what they want to do or can get done. they do not believe that he's going to be able to -- these are the ceos, at least they are telling their people back in new york that he's going to be able to pass a massive payroll tax. that's one of the reasons the markets are down. the plan itself is pretty unspecific. they are letting nancy pelosi do a lot of -- mnuchin is working directly with nancy pelosi, letting her drive the bus is the way i heard. what does that really mean? you will get less in payroll taxes and more in the sense of extension of unemployment insurance, guaranteed sick leave, those sort of measures, l
we had robert wolf, former head of ubs america saying it would be very difficult. go ahead, brad, one second? and he's saying once again fully prepared to use the full power of the federal government and for now, at least all that we are seeing from the headlines is that that means he wants to see more face masks for health care workers here. charlie: i do have some reporting coming out of that meeting with wall street firms. they were very unspecific on what they want to do or can get done....
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maria: robert always great to get your insited thank you so much robert wolf joins us to studio b "varneytely take it i think this is bernie's last stand by the way, primaries today in particular michigan bernie has to win, i don't think he does win i think he losses badly. that is going to be a real problem for democrats because they will be left with joe biden. for whom there is little enthusiasm. and who makes constant gaffes bernie did it to himself, politics have been exposed lunatic "green new deal" crazy tax hikes no idea what to do with economy going forward that is really weak but i think he is out of the picture after today, probably good news for investors, at least they don't have to worry about a socialist in the white house any longer democrats badly split geared towards a guy 77-year-old unfocused gaffe prone i think delayings going to be a good day for president trump and republicans frankly. maria: we will see i know a lot top of the hour see you then, steward and "varney & company" begins 10 minutes' time don't miss it first markets pointed to go triple-digit gain start
maria: robert always great to get your insited thank you so much robert wolf joins us to studio b "varneytely take it i think this is bernie's last stand by the way, primaries today in particular michigan bernie has to win, i don't think he does win i think he losses badly. that is going to be a real problem for democrats because they will be left with joe biden. for whom there is little enthusiasm. and who makes constant gaffes bernie did it to himself, politics have been exposed lunatic...
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maria: know what robert wolf just said during the commercial break?mate. he said i bet you elizabeth warren would like to be joe biden's running mate and maybe that would play. elizabeth warren/joe biden? what do you think of that ticket? >> the progressive and the mainstream. >> i think he might look for someone that can help solidify maybe someone like stacy abrams that comes from states he needs to continue to help win, that could help reach out to the black or latino community. >> or pete buttigieg. i want to say, the polls were so wrong on this and so were the betting markets, predicted the betting market as of february 22nd, the day of the nevada caucuses, had a 13% chance joe biden would win texas and virginia. everybody got this wrong. dead wrong. maria: yeah. for sure. meanwhile, we have big numbers coming up friday for our special coverage of the february jobs report. don't forget to join us at 8:00 a.m. eastern on friday. thank you so much. great conversation. charlie, dagen, cody, see you soon. thank you. right to "varney & company" we go.
maria: know what robert wolf just said during the commercial break?mate. he said i bet you elizabeth warren would like to be joe biden's running mate and maybe that would play. elizabeth warren/joe biden? what do you think of that ticket? >> the progressive and the mainstream. >> i think he might look for someone that can help solidify maybe someone like stacy abrams that comes from states he needs to continue to help win, that could help reach out to the black or latino community....
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here to explain, former economic adviser to president obama, robert wolf. 58 big ones. >> yes. listen are, kamala is one of the most competent endorsements in the country. other than obama's. the timing was perfect. she's going to be with the vice president tomorrow night in detroit, the eve of the michigan election. it's -- and let's be honest, she's a rock star. she's going to be right there probably and the possibility of a very p, and i would say -- a vp, and i would say the most important thing her group of followers actually are very complimentary to the vice president. she brings a different electricity -- pete: so those attacks in the debate, she went after the vice president directly when others were not willing to do so. is that water under the bridging? >> come on, it's a competition. everyone has to go after each other. my view is they had a disagreement and they move on. it's no different than what president trump with republicans and what you and i may do before we come on tv. [laughter] once you're sitting together, you figure out how to unify
here to explain, former economic adviser to president obama, robert wolf. 58 big ones. >> yes. listen are, kamala is one of the most competent endorsements in the country. other than obama's. the timing was perfect. she's going to be with the vice president tomorrow night in detroit, the eve of the michigan election. it's -- and let's be honest, she's a rock star. she's going to be right there probably and the possibility of a very p, and i would say -- a vp, and i would say the most...
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robert wolf joins us in studio. boy, we are fading back toward the low. i don't know what that will tell us. some people just tuning in, they say isn't there a circuit breaker, yes, we hit it, level 17%, level two on the s&p 13%. what are your impressions for today. >> a couple things. first of all when larry kudlow said we should be buying the dip, i respectfully disagreed on here. i thought this was nothing like the lehman crisis. this was not about liquidity and leverage. i didn't think the senate was gonna make a real impact and i still don't think they make a real impact. to me this is all about confidence and stimulus. they have to really be, what i would say tactical on how they use stimulus. for example, we are in a predominantly services growth sector country. we have to really look at the services and see where can we be helpful. were in a consumer driven country. so this whole idea of shared services will be of concern and how people are using commuting. >> how can the government, we were talking earlier but there has been some talk that there
robert wolf joins us in studio. boy, we are fading back toward the low. i don't know what that will tell us. some people just tuning in, they say isn't there a circuit breaker, yes, we hit it, level 17%, level two on the s&p 13%. what are your impressions for today. >> a couple things. first of all when larry kudlow said we should be buying the dip, i respectfully disagreed on here. i thought this was nothing like the lehman crisis. this was not about liquidity and leverage. i didn't...
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maria: robert wolf said it's probably going to be a woman.emocrats pushing joe biden forward so much, even as he makes all of these gaffes. i mean, it is in my view somewhat irresponsible. there's clearly an issue. >> biden is the candidate we had. all the other candidates really didn't have the momentum, the power, the authority. they didn't have the kind of african american support from coming on with eight years with president obama. look, he has the experience. he can pull it through. and so they coalesced around him. everyone knew that bernie sanders would be 100% loss and i think the democratic party's got the best candidate it can possibly field out of it and i think donald trump always knew that. maria: all right. dagen: all the identity politics and you wind up with two old white dudes. [ laughter ] >> older than ronald reagan when he left office previously oldest president. dagen: if either one of them got elected, they would be older at the end of their first term than richard nixon when he died. that's how old they are. maria: joe
maria: robert wolf said it's probably going to be a woman.emocrats pushing joe biden forward so much, even as he makes all of these gaffes. i mean, it is in my view somewhat irresponsible. there's clearly an issue. >> biden is the candidate we had. all the other candidates really didn't have the momentum, the power, the authority. they didn't have the kind of african american support from coming on with eight years with president obama. look, he has the experience. he can pull it through....
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Mar 16, 2020
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robert wolf was on the show and said for the first time he is buying stocks in a decade. seeing companies trading way below where they should be based on expected earnings. there are some opportunities to get into this market. it's scary. i won't say it's easy i will put my money into a market down 2000 points. this is what you expect from a process that is vomiting it all out at the beginning and a washout which begins after bottoming out. >> sandra: it wasn't too long ago we were sitting here and you were telling me how this is getting very expensive. the u.s. stock market. we are a long way from the big rebound here. steve kerr the treasury secretary is talking about -- steven mnuchin the big treasury secretary is saying will we see a top in this from the coronavirus? it's a grim situation. local restaurants shutter asked local retailers and nationwide retailers shutting their doors. you can't go to the restaurant down the block. we are a consumer driven country. you are seeing those fears of our economy coming to a stand still play out in the market. you are worried a
robert wolf was on the show and said for the first time he is buying stocks in a decade. seeing companies trading way below where they should be based on expected earnings. there are some opportunities to get into this market. it's scary. i won't say it's easy i will put my money into a market down 2000 points. this is what you expect from a process that is vomiting it all out at the beginning and a washout which begins after bottoming out. >> sandra: it wasn't too long ago we were...
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robert wolf a matt bouman and cheryl casone from fox business. great to have you here.crossing the wires. the federal reserve has cut the interest rate by half a point. the most since 2008 to offset the coronavirus impact. >> that's unprecedented. you had the g-7 statement. bidding stocks up higher. looking at the dow as you can see. i was looking at it a moment ago, a gain. >> ed: up almost 400. >> this is in response to the coronavirus but there has been at least a 50%, 100% chance of a 25 basis point cut. they could have waited two weeks. they didn't. >> ed: march 17th is when we were expecting it. robert, economy front and center. >> the fed back stop. we've seen it time and time again. not surprising. >> sandra: the president put pressure on jay powell yesterday via a tweet to do something. >> i don't think it has anything to do with the president's pressure. australia and japan is lowering rates. the dollar was getting too strong. the fed had to step in because there will be be a flight to the dollar. it will impact manufacturing and people calling for zero growth
robert wolf a matt bouman and cheryl casone from fox business. great to have you here.crossing the wires. the federal reserve has cut the interest rate by half a point. the most since 2008 to offset the coronavirus impact. >> that's unprecedented. you had the g-7 statement. bidding stocks up higher. looking at the dow as you can see. i was looking at it a moment ago, a gain. >> ed: up almost 400. >> this is in response to the coronavirus but there has been at least a 50%, 100%...
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here to discuss it all former economic advisor to president obama robert wolf and former senior economicoore. welcome, guys. are you ready? >> i'm ready. brian: donna brazile told us one of the biggest nights of her career the results last night. what about for you? >> absolutely. massachusetts, minnesota winning texas. i mean, it was crazy. and no one would have expected it i have to tell you i said yesterday he would win texas and sweep the south. people don't realize right after clyburn came in that was like ted kennedy with obama. he settled everything and then you had klobuchar, beto and mayor pete come in. he brought a different -- they all brought a different momentum and it all just came together. >> brian, the highlight of this is capitalism vs. socialism. as a republican i'm not happy biden won. as an american, i think it's a good thing that the democratic voters rejected socialism yesterday. bernie sanders in my opinion has crazy ideas about raising taxes to 67%. having the government take over the healthcare system. brian: i will give you an idea of the states that bernie has
here to discuss it all former economic advisor to president obama robert wolf and former senior economicoore. welcome, guys. are you ready? >> i'm ready. brian: donna brazile told us one of the biggest nights of her career the results last night. what about for you? >> absolutely. massachusetts, minnesota winning texas. i mean, it was crazy. and no one would have expected it i have to tell you i said yesterday he would win texas and sweep the south. people don't realize right after...
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let's bring in some of the obama folks, robert wolf and austan goolsbee and furman and these guys whog the obama aid registration. that would be such a show of support in how can we all come together. a payroll tax deduction when people are losing their jobs and not even working? that's a non-starter. we have to bring this country together. the president is the person who can do that. i hope he does. i'm working closely with governor dewine in ohio, republican governor. i've been on the phone with him almost every day for a week to ten days, texting, working with his public officials, figuring out how to expand old hospitals. we're working like hand in glove, democrats and republicans in ohio. that's what we need to do at the national level. that will relieve a lot of people's anxiety and fear. >> a tremendous amount of anxiety and fear would go away if they saw what you just said. thank you for saying it. congressman tim ryan, good luck. my family is all in ohio. i offer you an extra hug there. thank you for coming on the program. take good care of yourself. >>> up next, any minute n
let's bring in some of the obama folks, robert wolf and austan goolsbee and furman and these guys whog the obama aid registration. that would be such a show of support in how can we all come together. a payroll tax deduction when people are losing their jobs and not even working? that's a non-starter. we have to bring this country together. the president is the person who can do that. i hope he does. i'm working closely with governor dewine in ohio, republican governor. i've been on the phone...