We welcome you on the simulcast. Bloomberg radio and Bloomberg Television across this nation and worldwide. This due of news is just extraordinary. An important moment will be Lawrence Kudlow after the jobs report. But jon, i want to talk for a moment about the markets. Affected. Oeing come up 5 . Igit 13 on the s p 500 yeartodate, and the nasdaq 100, lisa has loaded the boat on the nasdaq, up 38 . This is a boom and great bull market. Jonathan record on the nasdaq, just off that on the s p 500. The market has ignored all of the bad stuff over the last month and held onto all of the good stuff. Does that change in 29 minutes . The payrolls report, the estimate for hunted 60,000 the estimate 460,000. Tom Kevin Cirilli talking about the enthusiasm to get something done. We will talk about that in the moment. I love what greg peters of pgim said in the opening credits, the idea that everybody is looking for every bit of yield. To me that has been undersold story this week about how other
The Ohio State University and senior fellow at Cato Institute. Finally, Jackie Schneider at stanford university. Thank you very much for the introduction. I am grateful for events hosted back in the before days. I was able to meet with colleagues and talk about ideas that make their way into this book eventually. Im grateful to be on our panel like this, i think i cited most, if not all of you in this book. It is my privilege to share this with you. This book comes out of my personal experiences in uniform in the u. S. Navy so i thought i would start with this. The first is back in 1999, my first job in the navy, i was a targeted officer working at the u. S. Headquarters. A short air campaign against the modern state ended with no fatalities to a lot of people, this looks like a big Success Story for technology, new american way of war. Revolutionary wars but we made a lot of mistakes including blowing up the chinese industry. This was a mistake that was coordination failures, lots of
Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record for the nasdaq, but it did pop above 12,000 for the very first time and we are still there, 12,026. The russell, im not going to ignore it. I know you russell fans. These are the small and midcaps. Any gain is a record. The dow transports also about to close at new alltime highs. We are watching it all so closely. But as the markets say let the good times roll, there is a darker backdrop at this
The sheltered valley locations down to the 20s and 30s. This frost advisory in effect until 9 00 a. M. Today. As we head through the afternoon, we will see the daytime high school the low average. We will have the sunshine but we are only talking about highs in the mid to upper 50s to low 60s as we go through our afternoon. 59 in the San Francisco. 60 in oakland, san jose, and concord. We will talk about how long this will last and our next chance to see some rain showers coming up. We are getting a Traffic Alert through martinez. Apparently there was some sort of debris in the roadway causing vehicles to spin out. They have now closed all lanes to get caltrans crews out there to clean up the mess. I will check in with chp shortly. We are starting to see a few brake lights moving. To plan for that this morning if youre headed toward the east bay freeway. We have a wind advisory in effect for all the mod pass this morning. Youve got some slow and go speeds dipping down to 15 Miles Per H
There trying to buy a stake in Russias Energy company, we have more details on what went down. It is raising questions, why was the Vice President son involved in the energy deal that could move the oil markets partnering with the head of the Chinese Company that is gone missing, he was considered chinas bridge to russia for energy deals, another executive at the same company arrested for Money Laundering, will show you what we found crosschecking hunter biden, secret Service Protection for these types of business deals, did hunter biden. Payments for this kind of work in Shell Companies and was any use of that illegal, also did the media and democrats political attacks on operation warp speed, did that delay delivery of successful vaccines, the chief advisor to operation warp speed said yes it did and we are tracking a major push back, even u. S. Counties, Small Businesses battling back against extreme covid19 lockdowns and curfews, literally an explosion of lawsuits, thousands of law