
Free Daily Podcast Summary
by Tom Sullivan
Syndicated radio host - former anchor Fox Business - former Director of Investments for a major Wall Street firm. Topics include finance, news and commentary.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.
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Wall Street is afraid of the Democrats who will control Congress. The Dow fell about 1,800 points and the Nasdaq plunged 5% on fears of AI and data center restrictions, erasing a one-day election rally. Will the new Democratic Congress solve what people are complaining about, like food, groceries, and gas, or spend its time going after Republicans? Will it keep funding the Iran war? Will it impeach Pete Hegseth? And will Donald Trump change his ways? All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
I wasn’t surprised. The polls were correct. Democrats won the House and flipped at least seven Senate seats, and voters rejected the President and the Republican Party. They didn’t embrace the Democrats. They’re just mad nobody listened, and affordability is not fake and not a hoax. Now Democrats have caught the hot potato, and if they don’t lower costs and reduce inflation, they’ll be thrown out in 2028. Speaking of 2028, there’s no break. The presidential wannabes are starting the race. Plus Alaska’s Senate race is still too close to call. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
People don’t like Democrats either. Poll after poll shows voters rejecting Republicans without falling for Democrats, with just 29% positive on the Democratic Party in NBC’s poll. If Democrats win, they inherit the hot potato: how do they get grocery and gas prices down when they’ll hold, at most, one chamber? Meanwhile, a third carrier group and thousands more troops are heading toward Iran, even as Trump said Monday night, “I don’t know if you even call it a war because we haven’t been doing any fighting for months,” the same day U.S. forces struck Iranian targets. He’s having difficulty admitting it truly is a war. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
It’s Election Eve, but there’s other news. A Learjet crash in Palm Beach killed all nine aboard, leaving a crater but sparing homes. Iran’s Supreme Leader gave the green light for talks and oil plunged 7%. Democrat Haley Stevens endorsed Republican Mike Rogers two days before the vote, and Democrats are stunned. Alaska has Decoy Dan on the Senate ballot, and the lone Democrat for its House seat is in federal prison in New York. Election officials are taking plenty of heat. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
The Alaska race is getting more serious: DOJ has issued 30 or more subpoenas, the governor ordered a state probe, and knowingly lying to a federal agent can itself be a crime. No one has been charged, and Peltola denies knowing about any recruitment. There will likely be court fights after the election, and the final arbiter may be the Senate itself, per UCLA’s Rick Hasen. The new Senate that convenes in January could decide the winner. If Republicans keep the majority, expect Sullivan to be seated, and if Democrats take over, expect Peltola. The real problems for those involved begin after November 3. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
The Alaska second-Dan-Sullivan story is just getting started. The governor ordered an investigation, ABC reports the DOJ has an active criminal probe, and a judge is weighing the DOJ’s civil suit. Peltola’s campaign and the DSCC deny involvement, and no charges have been filed. Both Sullivans will be on the ballot next Tuesday, and the real problems for anyone involved begin after November 3. Plus the Trump and Obama rallies are designed to fire up their bases, but there’s some comedy in how both conduct themselves, from Cheesecake Factory jokes to Trump’s remarks about physiques. They’re trying to sound relatable. Does it work? All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
Can you say dirty tricks? The New York Times reports Peltola campaign associates and DSCC aides helped recruit a second Alaska Senate candidate named Dan Sullivan to confuse voters. Peltola’s campaign denies it, no court has ruled, and the DOJ is suing to block certification if the incumbent loses. The Florida “ghost candidate” case that led to felony convictions was in 2020, and prosecutors said recruiting a spoiler isn’t illegal by itself. Stay tuned. Israel’s election is up for grabs: Netanyahu’s bloc has 53 seats, Eisenkot’s 48, and Arab parties a record 19, with 61 needed and few willing to work with them. And the Fed held rates, with two dissents for a hike. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
At two-hour rallies you have to talk about something, and the big hits have been Cheesecake Factory jokes, Sen. Husted’s physique, and Nicki Minaj’s butt. The topics aren’t the point. The goal is to get the MAGA base to show up and head off a blue wave. The DOJ is taking a third swipe at James Comey, charging him by criminal information over a 2016 leak, with his lawyers arguing the statute of limitations already expired. We were told revenge was coming, and it clearly is. And the Fed meets today and tomorrow, with no rate change expected but a December hike priced in. All of it today.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.Remember to call with your money and investing questions 855-295-6600 for the Financial Friday podcast. https://www.spreaker.com/show/7102919/episodes/feed
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Syndicated radio host - former anchor Fox Business - former Director of Investments for a major Wall Street firm. Topics include finance, news and commentary.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-tom-sullivan-show--6632619/support.
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