Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started to realize, since the last time i was on your show weve
Away from the alltime record high, there you have it the worlds most valuable company, apple the stock is up again, the worlds most innovative dynamic seller, amazon the stock is up again. The market, that is digested a lot of Bank Earnings already, goldman did very well in the dow is looking at 80point gain and look at the nasdaq up about 26, 27point again, i see a lot of green this wednesday morning. Heres the headline dueling townhouse tomorrow night instead of a second debate, mr. Trump working with nbc, joe biden working with abc, obvious question why not reinstate the debate, the Electoral Commission really blew it by insisting on virtual. Did you see Speaker Pelosi getting rattled on cnn, in primetime will blitzer asked her what was wrong with the president 1. 8 trillion stimulus plan, why not pick up the phone, call the president and make a deal. She became very flustered and accused blitzer and his colleagues of being an apologist for republicans. Have you ever watched online
Dr. Anthony fauci says u. S. Coronavirus cases continue to surge because parts of the country did not follow cdc guidelines when they reopened. While European Countries have seen sharp declines. He was joined by other Health Experts testifying before a house panel. Talking] rep. Clyburn good morning. Let me welcome everybody. Today our select subcommittee is holding a hybrid hearing, where some members will appear in person and others will appear remotely via webex. Since some are appearing in person, let me first remember to everyone pursuant to the latest guidelines by the house attending physicians, all individuals attending this hearing in person must wear a Face Covering. Members who are not wearing a Face Covering are not permitted to remain in the hearing room and will not be recognized to speak. Let me also make a few reminders about hybrid hearings. At once and what is known as webex as grid view mode. On the other monitor, you will see each person speaking during the hearing
Federal, state, or local . We are opening up regional lines. If you are in the eastern or central time zones, we want you to call 2027488000 . If you are in the mountain or pacific time zones, your line is 2027488001 . Medical professionals, you are on the front lines. What are you seeing when it comes to confidence of what people think about what you are saying . Your number is 2027488002 . You can always text us at 2027488003 and we are always cspanwja social media and facebook. On friday, Public Health officials were in front of Congress Talking about the coronavirus and answering questions from elected officials. Washington post was there and wrote a little bit of what happened. The failure of the united friday as on display Top Administration Health Officials, appearing before a panel, acknowledged testing delays and a hodgepodge of state policy that protected no more than half the country. With restrictions aimed at stopping more infections, testimony on the coronavirus intos, wh
That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials into i was listening to meg tirrell this morning and i was looking at an email how much is regeneron getting. 500 million in july i would say, david, is there any amount that you wouldnt spend on these companies to get this thing beaten because if were spending 2 trillion to just try to stay in place we have got to flood the market with money. Make it so its worth wise for everybody. I have emerging bio tonight, they would be helping making a lot of these giant doses and i dont think i think that y