Tuesdays election. Were expecting to hear from him any moment now. We have a big show. All that and much more on making money. Charles so this morning the Financial Media fixated on the rising covid19 cases in europe, new lockdown, potential lockdown measures might eventually come to the United States and you know i think there is a whole lot more spooking this market, including reaction to a repo tension biden presidency. Think about this after the Consumer Confidence came out yesterday below estimates, that was 10 00 a. M. The early result we saw in the market faded, by the end of the session selling picked up. S p was at 3406. That was the session high. It held as resistance and then we went do you and the dow was 27,689. The high from the session straight down from there. It wasnt just that the headline declined but a sharp drop in swing state confidence. Florida wept from 114 to 110. Michigan 124 to 119. At moment i still believe President Trump will pull this out. If he doesnt th
Happy ending after a woman disappeared for almost two weeks in a national park. How she was found after her daughters pleas for help. And Peter Frampton finds the way. How a friendship with another music icon helped him survive hard times. And what it feels like to go from teen idol to, well, grand pa. First, heres todays eye opener. Its your world in 90 seconds. As my coach used to say, its go time. This is the most important election in our lifetime. The race for president is now a sprint to the finish. With both candidates locked in on battleground states. Hell listen to the scientists. If i listened totally to the scientists wed right now have a country that would be in a massive depression. Were you surprised that President Trump got sick . Absolutely not. Dr. Anthony fauci spoke about the rose garden ceremony for judge amy coney barrett. I said, oh, my goodness. Nancy pelosi on a new stimulus plan has to be reached by this tuesday for it to pass before the election. Are americans
He criticized republicans for either wanting, and im quoting him now, to do nothing or not enough. Meanwhile, the new jobs report is out today, underscoring the severe Economic Impact of the coronavirus pandemic. The u. S. Economy adding just 49,000 jobs last month, leaving the country still down almost 10 million jobs since the pandemic started one year ago. Lets begin our coverage this hour over at the white house. Our chief White House Correspondent Kaitlan Collins is standing by. President biden is emphasizing the urgency of his massive pandemic relief bill. Reporter capitol hill appears to be listening because both chambers have passed this resolution, paving the way for democrats to move forward on this bill and making clear they want to do so quickly. House Speaker Nancy Pelosi says theyll start drafting that legislation next week, potentially get this passed by the end of the month. Wolf, here is the catch. There are no republicans on board. Right now the white house and Presid
Expensive political race in montana history. The general election coming up november third. If youre keeping track at home, thats 24 days away. The ballots were mailed out friday this week so voters, be looking for your ballots to arrive soon in a mailbox near you. The ballots need to be returned to your local Election Office by 8 00 p. M. On election day. At stake in this race is one of montanas to u. S. Senate seat. Salary of u. S. Senator currently at 174 thousand dollars a year. Now its time to meet the candidate. Steve bullock was one in mazzola, earned his law degree from Columbia University in new york city. Earlier in his career, he worked in private practice and an assistant attorney general for the state of montana. He won election as montanas attorney general in 2000 and then as governor in 2012 and 2016. Both, a democrat says as governor, hes worked with both democrats and republicans to expand affordable healthcare, strengthen and invester in schools. He and his wife, lisa
The move in Interest Rates, the impact, if any, it could have on that tech trade. Josh, ten year, 78 basis points, 30year highest since june is this going to be a big risk for that growth trade . Im not sure. It certainly could be. But heres the way that i think we want to think about this. If you go back to february of 2018, that is when the curve peaked, right . Then we had several scarce where we thould we would have a thought we would have a yield curve above those levels but were not there and every time we gotten to that level weve had a big fade what i do think is happening now that is notable, theres a big catchup under way, Small Cap Value is on fire Small Cap Value of 5. 5 over the last three days and large cap tech is not giving up much while thats happening it possible you could have both things working at once i still think that if you get the big cap tech names hanging up there toward highs and not serving as a source of cash and then you get this big catchup trade in the