President Trump Takes On The World In Speech At World Economic Forum In Davos
President Trump is driving home his "America First" message at the World Economic Forum in Davos. During a speech today, he said that he would take on predatory trade practices, but that America first "doesn't mean America alone."
He did not address questions about reports that he tried to fire Special Investigator Robert Mueller this summer. He has since, however, denied the allegations made in the New York Times report.
Nate Madden, Congressional Correspondent at CRTV, and Katherine Mangu-Ward, Editor-In-Chief at Reason Magazine, discuss what the president's speech means for America when it comes to the country's standing around the world. Madden and Mangu-Ward also take a look at the White House's immigration proposal and the likelihood that the plan makes it through Congress.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.
