Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use of its vaccine. So weve been talking talking black or white or red and green in terms of diminishing returns. I took that economic class my freshman year and learned all about diminishing returns which is why i often invoke it here, i think so, absolutely tell you something, the vix is telling another story. I thought a day like today, monthend i thought the vix would close closer to 25 but here it is closing lower on the day, maybe its a function of that specific security, but ill tell you giv
Ok . Do today i am going to is like, wampanoag is a culture of people. One out of over 1000 indigenous cultures going across north america. What makes wampanoag different, from the other 1000, it could be language. It could be diet. It could be the housing we lived in. One common bond we all have is how we think about life in general. We respect all forms of life. Be it human life, plant life, animal life. We do not put ourselves above or below that. That is one thing we have all in common. I do a lot of teaching, right . I ask people, what race do we come from . The human race. Right . So we should all respect each other. And that his rule of thumb for my people. Like i said, we have been here for 12,000 years. That is me up there, my lovely wife, who teaches language. Also right next to me. What i am going to do is im going to bring you to a year, 1613, before any major interruption in our culture. Ok . I am going to bring you to our new years. You think about our new years, a lot of
Will wake you up, call it ludicrous speed. Stay here, airbnb making its pitch to go public even as the travel sector continues to suffer amid the pandemic and buffetts big buys, the sto stocks he says are ready to rally. It is tuesday, november 17th, and this is Worldwide Exchange. Good morning, good afternoon or good evening from wherever in the world you might be watching. Im Brian Sullivan thanks for joining us. Here is your markets and money on a tesla tuesday as well call it futures are mixed to flat. Dow lower, nasdaq futures are higher neither are moving very much but another big monday for your money, more new records and a new vaccine candidate of course. The dow coming off its first record close since prepandemic levels in early february the index now just 50 points away from 30,000 something certainly a number to watch. Small caps continue though to be the star the s p small cap 600 up another 3 yesterday if you are not paying attention to small caps, you should. Lets also t
Focusing on rushing through a nominee to the United States Supreme Court rather than doing everything we can to work across the aisle to craft a solution. To the problems, the crises facing our nation. Tens of millions of americans, unemployed. Hundreds of thousands of businesses permanentlylo closed. Schools all over the country either not yet open or just barely opened, and thousands upon thousands of americans died alone in pain, and comforted by family, uncertain of how they came to be in this place and cared for by their country. Eight. 5million infected 220,000 or more dead. We are in the middle of a tragic pandemic and a recession made worse by our presence bungled mishandling of the pandemic, and instead of coming together to provide the reliefteng that all states d all people are calling for, we are doing this. We are doing this. Instead, my republican colleagues are walking over dangerous precipice doing something according to graham was unthinkable just two years ago , in th
Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to