Demand and saving live music helping independent venues and theaters across the country survive. It is tuesday, september 1, 2020 you are watching Worldwide Exchange here on cnbc good morning im Frank Holland in for Brian Sullivan the markets kick off a brandnew trading month. Stock futures slightly in the green here the dow jones looking like it will pop four points nasdaq on pace coming off a winning streak. Seven out of the eight days. The dow and s p wrapped up the best august. Similar for the s p, rising 7 percent e for the fifth straight move gains the story continues to be all about tech nasdaq surging 9. 5 in august for the best monthly performance since 2000 taking a look at the bond market and the yield trading around. 723 and the 30 year at 1. 5 we continue to follow the markets, lets go worldwide now. To julianna tatelbaum. Lets get a look at the Global Markets with you how are you . Im doing great we had a strong start to trade here in europe benchmark opening higher we ha
Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you take that as fact and i have no reason not to, it shows you that this economy is working for everybody. Look you cant have an economy thats increasing 47 for the bottom 50 and the rich arent getting a little bit of the benefit from that too, as a matter of fact we need them to because they recycle more of their money into the system and that tip uses to stimulate growth, but this is not just about t
Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you take that as fact and i have no reason not to, it shows you that this economy is working for everybody. Look you cant have an economy thats increasing 47 for the bottom 50 and the rich arent getting a little bit of the benefit from that too, as a matter of fact we need them to because they recycle more of their money into the system and that tip uses to stimulate growth, but this is not just about t
Me i feel privileged to chat with an old and dear friend senator john warner. He is approaching old age. But you would never know it. Talking about old times and i was thinking about his career which is incredible with world war ii and korea but he was always willing to jump in and participate. He did a lot of things so stop but monday start in the seventies that became the head of the bicentennial commission to remember the tall ships in the wonderful celebration. And that to bring the country together we could use Something Like that. And there he went to the United States senate was elected in 1878 it was 5000 votes but that was pretty much the end of his contest but mainly he was unopposed from early 79 all the way from 2009 and then he was defeated by another warner that was completely not related. But just on a personal note and it describes his life when he ran for a senate i was already a pundit back then as the hobo no real employment that mattered in to do the things that mad
Warner is, i dont know, approaching old age. I will not say he is there. Is approaching old age but you would never know it. We have been sitting in the back and talking about this race and that race and all kinds of things and i was thinking about his career and it is absolutely incredible. You can go back as far as world war ii and korea. He was in both of those and you didnt have to. He was always willing to jump in and participate. He did lots of things in between. Lets start with secretary of the navy in the early 1970s, head of the bicentennial commission. Those of you old enough to remember the wonderful celebration of the bicentennial of the us which helped bring the country together. And he went to a place many of you never heard of, the United States senate. He was elected in 1978, elected very narrowly, 5000 votes, very narrowly. That was the end of his time test. Occasionally he would have one within a few Percentage Points but mainly was unopposed. In the u. S. Senate from