All ahead for the session so far. Ten year note yield, crude oil, you ask, and we always like to answer as well, look at our ten year note yield, 1. 78. Lets get to our road map this morning, it starts with what you expect, the shopping surge, facing a condensed Holiday Season, retailers raking in a record 4. 4 billion online on thanksgiving day this is ahead of, of course, what is traditionally the busiest shopping day of the year, today. The final trading day of november and stocks pointing to a lower open on this holiday shortened session. Buffett thwarted, the oracle of omahas latest attempt to put his cash hoard to work, outed by by apollo global. We begin with retails busiest day. Courtney reagan is at the Woodbridge Center mall with what to expect this weekend as the Holiday Shopping season officially kicks off hey, court. Reporter good morning, happy thanksgiving to you, morgan. Here were starting to see the second wave of shoppers come out to the mall. They do those early door
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday about the retail environment and the consumer theyve been very confident, wages going up Unemployment Rate very low, near 50year lows can the strength of the consumer driving th
With us now because reports both discussing one buffets 128000000000 dollars cash pile but if youre watching us in the u. K. More Financial News with the boom box. I am max kaiser this is the kaiser report did you know that there is a growing global helium shortage thats right the world is running out of helium you noticed on running out of paper money right stacy indeed youre not but you know what you need the helium because of all the paper money all the printing of money because helium is not only are the stock prices and everything going up up up like its an a helium balloon but you need the helium balloon for the celebrations everybody celebrating President Trump while weve been here in new york or right now where in brooklyn and hes tweeted stock market is record how i spend your money well you would think that hes inhaling helium and so are the various stocks that make up the s. And p. 500. 00 and dow jones average but when you scratch the surface you find that theres nasty acco
Like its an a helium balloon but you need the helium balloon for the celebrations everybody celebrating President Trump while weve been here in new york or right now were in brooklyn and hes tweeted stock market is record how i spend your money well you would think that hes an ailing helio and so are the various stocks that make up the s. And p. 500. 00 and dow jones average but when you scratch the surface you find that theres nasty accounting fraud going on and all kinds of wall street derivatives tricks this is a real or just a fake ileum high exactly so stock markets hit all time high. And we know as we were covering a here the fed continues to intervene up to 250000000000. 00 a day and the repo market so is there disaster or is there not why or why is this wall street class right across the river here why are they so coddled why are they such big babies there was actually a banker by the way on the news recently leon cooperman he literally started crying on television because of E
Theres nasty accounting fraud going on and all kinds of wall street derivatives tricks this is a real or just a fake ileum high exactly so stock markets hit all time high. And we know as we were covering a here the fed continues to intervene up to 250000000000. 00 a day and the repo market so is there disaster or is there not why or why is this wall street class right across the river here why are they so coddled why are they such big babies there was actually a banker by the way on the news recently on kuperman he literally started crying on television because of Elizabeth Warren coming after his money. Losing. Money because the billions of the stuff that goes up in the when she did this is who this guy is i would say discrete to the male gender hes a disgrace to wall street is a disgrace as an american so here we have a situation whereby the Federal Reserve bank of new york right here is intervening daily in the repo markets the fed in washington d. C. Is also continuing some 2 we so