Future and later, President Trump says the time for negative Interest Rates is now. So were breaking out our crystal ball to see what the market will look like in a world of negative rates and we start with the market selloff the stocks tumbling after the path forward is highly uncertain and subject to many downside risks. The prolonged recession and weak recovery can discourage business advancement and expansion further limiting the growth of jobs and the pace of technological advancement. The result could be an extended period of low productivity growth and stagnant incomes. And then theres this, Stanley Drunkenmiller telling the Economic Club of new york that the risk reward for equities may be as bad as hes ever seen and scott telling scott wapner that this may be the second most overvalued market hes ever experienced so did the markets just get a big dose of reality, guy first of all, i know youre not in charge of music at cnbcs fast money and im getting ready for the twitter hatr
There its closed in observance of the columbus day holiday. Our road map this morning starts with, of course, the markets, attempting a fresh start after logging one of the worst weeks of the year. Looking ahead to financial and technology earnings. The first case of a person contracting ebola on u. S. Soil has been confirmed. A complete report in a few moments. Fear cry automobiles marking the return of a chryslerrelated stock no the u. S. Market. In the meantime, new era here at cnbc. We have a new look debuting today from our ticker to market boards. Youre going to see different looks through the day. Your chance to get closer to Sara Eisen Simon hobbs funny faces. And figure out whats going on in the corner of the screen at all times. Bulls hoping to put a week of worries about Global Growth behind them. Dow falls 2. 7 , erased gains for the year. For the index people care about, the s p and nasdaq, they had bigger losses, suffering its worst week since may 2012. Earnings seasons r