Going to know where we are tuesday night. Lets call it less than likely. Maybe somebody can disagree with me on that. We will go into wednesday and may go into november to get to a successful outcome. Jonathan that is the risk of this market, and it has been for the last couple of months. The other issue this market is grappling with at the moment is the breakdown of traditional correlations. Last week was brutal for the equity work it the equity market. Youve got no comfort for the bond market. Tom bonds really dont move today. It is a higher yield into the weekend. A less than correlated market. I would note the absolute stasis in strong dollar. Dxy, that blended Company Index against the dollar, 94. 03. That is a strong dollar. Jonathan weve got to talk about the weaker euro over last week as well. The Economic Data in europe set. To get worst. We have manufacturing set to get worse. We have manufacturing pmis in europe tomorrow. Lockdowns in france, lockdowns in germany, and the u.
Congressman along with james to her funeral, david webb and congressman ryan babb in taking on the big stories, we have that debate, what is going to happen next in the 2020 base, also this new hot debate in washington, President Trump fires the pentagon chief, it was a longawaited move, who else can be on the chopping block and now this new debate, will President Trump barden Michael Flynn whose case is still in legal limbo, that talk on washington ratcheting up in stocks or ripping higher as pfizer says the new covid19 vaccine is 90 effective, there is a chance to return to normal byex next sprig and we have news coming and david bossie trump advisor in ben carson have tested positive for covid19, those reports coming into the studio now, also this next big fight, republican control of the senate, two races in georgia and run off that could determine that all as Top Democrats admit they botched it and they botched it badly with historic losses at the federal, state and local levels s
Million. And beyond meat, those shares are down sharply amid slowing sales, while mcdonalds launches a new plantbased product line carl well get to that later, guys first, jim, a lot to unpack with the covid cases, pfizer news, lilly news today, azar on squawk saying the timeline for a vaccine delivery is getting pretty specific now. Right look, were back in that same world and i listened to the fund manager speak on squawk, got to buy value and sell growth where were they yesterday whenle have you went from being okay to being overvalued in about a threehour session i find that when i look at some of the stocks that i like in the industrials, they have gone so far that i think now everything has to happen right and these arent going to happen righting. They are hostage to earnings Cloud Computing stocks, they have a lot of room to go down because theyre so high. When you look at faang, for instance, does it make it so alphabet is worth less the principle method of how alphabet makes i
202 7488001. Democrats, 202 7488000. Independents, 202 7488002. That michigang story yesterday, a special line for michigan residents, 202 7488003. That is also the number that you morning. Us a text this if you do, please include your name and where you are from. Otherwise, catch up with us on social media, on twitter cspanwj, and on facebook facebook. Com cspan. Good friday morning to you. More on that Governor Gretchen Whitmer and michigan story. Today storya yesterday about a yougov poll. 7 ,d that nearly half, 40 disagreed with the idea that the election is likely to be fair and honest and significantly more than half, 51 , will not generally agree with on who is a legitimately elected president of the United States. That online poll conducted october 1 through second. It also noted that another found poll of 1500 voters that 56 found they expected the an increased in violence as a result of the election. Those results by yougov published in usa today. A politico, this focusing on
Washington journal continues. Host joe simonson joins us and has been following the ins and outs of campaign 2020, and in a recent piece focusing on joe biden you posed this question about who is actually leaving the Democratic Party. He wrote what if biden is the passenger in not the driver . Explain. Guest as i laid out the Democratic Partys governing coalition which is who is actually running the country in 2021 and, as well as who are democratic voters. As i write, this is one of the most incoherent coalitions in modern american political memory. I think that sets him up well to win in november. If you see who makes up and who is the coalition, it is largely black americans who vote the highest rate of any group in this country, higher than whites, and college educated. Suburban voters as well as those with a postgrad degree. These are overwhelmingly, particularly those of a post at postgrad degree, vote democrats. These two groups have completely separate policy ,oals, separate in