Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surprise, at least according to the underlying Consumer Sentim
Will be fought in the swing states of course were going to take you to the mustwin county in michigan. Critical state and a county that could tell the story and later, sec chair jay clayton warns Corporate America about a heightened risk for Cyber Attacks. Hell tell us whats keeping him up at night. As power lunch starts right now. Hi, at thisltyler, hi, every tech is lagging again and as the hours roll on, its getting worse. Lets go to bob pisani for more details. Whats going on is theres a little bit of a rotation here. Stimulus is coming back. Some are investing in the idea theres going to be stimulus however, its coming at the cost of Big Cap Technology and all those workfromhome stories, kelly, that worked so well three or four months ago amazon, thats a sixweek low for amazon right now apples at probably a fiveweek low, microsoft, facebook, nvidia, also on the down side. Its the same with those other stayathome, the not mega caps but the stocks that did really, really well at the
Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
In a place with a mysterious name, the emerald triangle. At its heart, the infamous humboldt county, with thousands of illegal pot farms. We are the center of Marijuana Production right now. In the United States . Yes, the United States. But thanks to a new law, things are changes. Proposition 64 has passed in california. Lemonis as of new years day, any adult can buy pot here without a prescription, and the black market is starting to go legit. Im marcus lemonis. This summer, i traveled to l. A. Were ending prohibition and were mainstreaming pot. And the desert. Did the vote passing increase the odds of you becoming a billionaire some day . Absolutely. Now ive come to where it all began and where the money is pouring in. So all the real estate you work on is for the Marijuana Industry . Yeah. Its going to be a huge market. Californias now the largest Legal Marijuana market in the world. Will the feds step in and try to stop it, or is it time for me to invest . My journey began on the
The dest, kcci, moines register, kwwl, and ktiv and senator joni ernst challenger theresa greenfield. In true 2020 spirit, this debate will not be like others you have seen. Steve, myself, and our three moderators are here in person. Our candidates join us remotely. Senator ernst is in washington after several days of confirmation hearings for judge amy coney barrett. Miss greenfield is live from altoona. Moderators. T our we have the chief politics reporter for the des moines register. And ron steele is the evening news anchor at kwwl. Is anator joni ernst native of red oak, iowa, and served in the military for more than 23 years. Is the first female veteran elected to serve in the u. S. Senate. Democrat theresa greenfield hopes to unseat senator ernst. She was raised on a small farm in minnesota and moved to iowa to attend college. She has a background in urban planning. In 2018, she briefly ran for congress in iowas third district. She lives and oman with her husband. Now for the ru