In case of s p 500 and whats happening and dow up better than 40 from that period. The dow hovering over 26,154, a little more than what, 3,000 points from alltime highs reached in february . It is a bit of a remarkable turn around here. We are on top of that. Were on top of promising signs when you hear mark zandi, the moodys chief economist who is now saying that the covid19 recession is over. That job losses are not as bad as feared. That he sees a pickup in jobs starting in this month. He was mr. Doom and gloom. If you want to be contrarian, run the other way on that. For him to say that this might be the worst that has come and gone, better days are ahead that is greasing the skids for more buying. Were following that. Following what is happening on the Interest Rate front as they pick up. Again it is really reflection of the improving global economy, keeping an eye on that. Keeping an eye right now on new york city and whether things can kind of be what they were like last night.
Lauren Technology Makes keeping up with work while out of the office easier but americans arent having it. The big lies we tell to keep our bosses from creeping in on our vacations p. It is wednesday, august 28th. Fbn a. M. Starts right now. Its all right, all right, girl. One day youll see. Youll never find a guy like me. Lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets take a look at how your money is moving this morning. U. S. Futures hugging the flat line, slightly higher if youre looking at the dow, up 18 points, s p up 4, nasdaq up 5. Cheryl watching the 10 year. The spread between the two and the 10 year yields inverted, kind of the worst numbers weve seen since 2007. The bond market signaling there could be a recession coming. Right now, the yield on the 10 year is 1. 48 , a gain of 8 basis points. So a little bit of a better sign this morning on that. Lauren futures are up. Major move continues to the upside in t
Thank you, clear lake. Thank you, iowa. Wow. What a reception. You know how to make somebody fel welcome. Im going to have to keep coming back up here. Im so glad to be with you. If you havent been following yet, im pete buttigiege, most stick with may oor pete. I think our country is running out of time but it is not too late. We are living in amoment more serious than what trump represents. How does he ever get within cheating distance of the oval office . Taht doesnt happen in ordinary times. It happens if were already in crisis, and weve seen it, living with School Shootings and Climate Change. Where gdp can go up, stock market goes up, life expetency goes down. Something is deeply troubled. It means we are not going to be able to fix it by recycling the same arguments. We have to do something completely different. [applause] im excited to be in this part of iowa because this is a great place to remind each other that theres no such thing as a permanently red state or county or pre
[cheers] what you think about the slate of candidates . [applause] we have a good group coming ahead. Are you ready to hear them . [applause] ok, were going to do a little bit of tightening if you can. If you have an empty seat next to you, filled up. If you folks are looking for a chair in the aisle, come and sit in the seat right now. Just come in and still fill the seat. Tighten up your seats. Give a good old north iowa hug and get close and cuddly. That is what i was all about. [laughter] here we go folks. Now we going to give a coveted beacon award. The beacon award would not be possible if it were not for gary sinton and dean gand putting this award together 12 years ago. [applause] every year we have given the beacon award to amazing people from a federal level, statelevel, and national level. Barack obama got a got it Hillary Clinton got it, ted kennedy got it. Then sharon seckman got it last year. A big handout for sharon seckman. Our very own Amanda Raymond got it. We have gi
President ng for because i think our country is running out of time. But i also think it is not too late. A moment thatin is even more serious than what the Trump Presidency represents. You have to ask yourself, how does a guy like donald trump even get within cheating distance of the white house. That doesnt happen in ordinary times. It happens in crisis and weve seen it. Living with School Shootings and Climate Change, and an economy that doesnt work for most of us, where gdp can go up and Life Expectancy can go down. Something is deeply troubled in this country. It means were not going to be able to fix it by recycling the same arguments that have dominated washington as long as ive been alive. Weve got to do something completely different. [applause] now im excited to be in this part of iowa because this is a great place to remind the country and each other that there is no such thing as a permanently red state or county precinct. [applause] but we got to find a new vocabulary, cal