I will ask Liz Harrington from from the rnc. The polls ask which candidate is better for the economy, perhaps the better question which candidate is better for your personal finance . I will break it down for you on making money. Charles the market began the session with a little gusto as investors were excited about the idea that President Trump could be returning to the white house while tell holding out Hopes Congress will push through a stimulus plan. The president also talked up the market with a series of tweets. Meanwhile the session is now exactly the opposite of friday where traditional safe havens were higher while technology was the worst performer. Even today technology not the biggest winner. Investors focused on value and material names. But there issues facing investors. Until major indices clear certain hurdles, these rallies could keep falling short. For me the key numbers on s p, 3400, on the nasdaq, 11,326. The dow barely above 28,000. How should investors cope forei
Up 67 from its march low after what was a run the new high. You have sales force, youve got apple, microsoft some of the tech titans all under pressure thank you very much i like the fnew angle on the house. We have the market angles as well rick is looking at the bond market where its rebounding bob, lets start with you. Remember, we could go either way right now. Remember yesterday look at the s p. Around 11 00 we bottomed what we have is a good example of of shooting the last eight trading sessions for tesla, 400 eight days ago it goaes to 500 and back to 400 thats a complete round trip and overshoot on the downside as i mentioned before same thing with nvidia it was 500 five or six trading sessions ago goes to 580 and back down to 500 and below that. You can overshoot on the downside theres the s p there. You tend to overshoot on the downside as for the megacaps, a little perspective of whats going on its true that microsoft was down 7 to 8 this week its up 33 for the year this is
We were effectively at the lower bound already, so that is coming in at 25 basis points. The Canadian Dollar was already weaker before this. It is weaker now by 1. 5 versus the u. S. Dollar. Lets take a look at where we stand markets wise. We knew after the retail sales data we would like to down, and we are. Awn 2. 4 for the s p 500, and move for the 10 year yield is well back down to 66 basis points. Crude oil has recovered ever so slightly. We were at the 19 handle for most of the morning. 42. Vix is back up to what is happening in europe, guy . Btp spread is widening out. It seems every nation for themselves. It seems there will be no mutualization of debt. Every sector is a negative territory right now. The banks and the oil stocks are the worst performers. You got a pound on offer, the dollar generally bid today. The market is looking for a little bit of safety today. Vonnie arent we all . Lets get you our first guest. We are delighted to be joined by joseph stiglitz, Columbia Un
United states in the meantime were getting a lot of vitamin d. Were hanging out in the sun outside we have a new report little image here and let us know if you like that but there is something that was in the news a remarkable screen grab from c. N. N. B. B. C. Jim cramers show mad money and it was the epitome of it was basically just one image told the story of a 1000 episodes of chrysler in part what weve been talking about this entire time and heres a tweet can tell on f. X. And it shows the image from c m b c in the background from jim cramer you can see the dows best week since 1938 and at the bottom along the cairo on more than 16000000 americans have lost jobs in 3 weeks as weve been saying for a number of years and it does relate to the content of fact and what does that mean that means that every time the government announces a 6 trillion dollar bailout that means a 1000. 00 for the top 101 percent and a dollar for you and thats the cantillon effect the hedge funds and the pr
Need both democrats and republicans to come together to get this legislation the legislation completed and it looks like its on its way but we need both and it should be for people that are working for the workers and if you look and you see we have a lot of people that are affected by that and its a very positive development so we have to get a bipartisan approval of that and hopefully that will happen today the department of education is also announcing the availability of more than 6000000000 dollars in emergency Grant Funding to assist College Students impacted by the cancellation of classes and the suspension of housing. A lot of people had. A lot of things suspended housing is one of them previously we waive student loan payments for 6 months of student loan payments have been waived for 6 months and will discuss it after that may go further although this medical war separated our citizens for a period of time its also united our entire nation i think i can say like almost never