This week. The democrats say there is no rush and that any decision should wait for the election. An exclusive interview with atlanta feds rafael on the prospect of race. The bank of thailand make policy decisions this week. Central banks heading the headline when it comes to the agenda this week. Take a look at markets setting up in the early part of this monday. Liquidity is in session in asia. Japanese markets are off in respect to the holiday. That also means treasuries at cash trading wont begin until the london session. Asian equities are up someone it comes to rebound after tech put u. S. Stocks to a sixweek low on friday. The s p contracts trading law by that the , suggesting downward pressure could continue after three days. Kospi futures are looking positive. That does hold the crucial export data. About half a up percent. Sydney futures lower by 6 10 of 1 . We did get positive developments when it comes to the coronavirus case numbers continuing to trend lower and 11 cases r
Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth
China the stock set to add 100 points to the dow in todays session. There is a countdown to election day 41 days to go, former Vice President joe biden heading to North Carolina today, meanwhile President Trump also getting ready to announce his pick for Justice Ginsburg Supreme Court seat, democrats threatening for pack the court if it is filled before election day. Justice ginsburg will lie in her pose at the Supreme Court building and then on friday she will become the first women in history to lie in state at the u. S. Capitol building, also happening on capitol hill, dr. Fauci will testify before the senate at 10 00 a. M. Eastern and Jerome Powell will testify before the house select subcommittee on the pandemic. And the president expected to speak to veterans and their love and a coward. It is a live action show today and Varney Company starts right now. With your help, your devotion and your drive, we will keep on working, we are going to keep on fighting and we are going to kee
Government shutdown. Can congress get anything done . I will ask indiana senator mike braun. Johnson johnson is the latest vaccine to enter phase three. What it means for your portfolio. All that and so much more on making money. Charles well the market gave up early gains pretty quickly as the rally attempts continue to fade and wouldbe buyers continue to hold back. The pendulum from investors asking more questions, waiting for more answers before they buy. That means the bias remains to the downside. This includes stimulus from the Federal Reserve or congress, the future of lockdowns, those political shenanigans in our nations capitol and market valuations. The atlanta fed handicapping the third quarter, saying gdp at 32 . Lets ask our panel how this will shake out. Kaltbaum Capital Management president Fox News Contributor gary kaltbaum, katheryne rooney vera and Ladenberg Thalmann manager phil blancato. Gary, start with you first. The bias is to the downside, what turns this around
Two side by side comparing their policies and personalities. We have a live preview. Plus we hear from the Trump Campaign. All that and so much more on making money. Charles all right, so after a couple of strong sessions the market settling back, lets call it a more anxious posture if you will. Despite the bounce, most key technical hurdles they were not cleared on the upside. Then unknowns from exogenous forces. Theyre all still in place. The stimulus questions out there, politics, of course and the coronavirus. Now beyond those issues there are traditional inputs into the market, things that normally move it like earnings and valuations. How to balance the two in an environment that has most stocks substantially lower for the year . Will we see this really change . How does this needle move and how do you make money . Here to help with these answers bny mellon chief strategist alicia levine. We have Payne Capital group, which im not affiliated. Ryan payne. Alicia, just how critical