Stocks stumbled out of gate. This is blowoff of november to remember. Reversal that may have been sparked by record homebuilder sent meant. Some think the market is too optimistic and toppy. They say it has gone full bull. Is it time to buy or sell. Of course those ceos of facebook and twitter, they are more contrite this time around in latest capitol hill hearing. Republicans and Democratic Senators are both admonishing them for abuse of power. Well continue with a life report, get reaction from tennessee senator Marsha Blackburn. All that and so much more on making money. Charles a little bit after trap door as the market opens for trading today. The s p 500 now though, remember yesterday hit new alltime highs. So the selling really is natural considering that it has been 12 trading days in november where the s p is up almost 11 . The dow is up more than 13 . In fact there is sort of a growing feeling the market is ahead of itself. That is the conclusion which bank of america in its
Teach, put in context. Call me 1800743cnbc or tweet me jim cramer the market cooled off today. The dow sliding 67 points. Nasdaq advancing. 04 . Come on, lets face it all eyes are on next week. When we come in on monday, well know who won the election. How do you respond simple you should do nothing. Why . Because it looks like once again that we are going to have divided governments. With divided government, there is not a lot the president can do biden may be aggressive about protecting the environment or fighting covid19,less questions on cracking down china he got all these different departments that can make rulings. I wish i can Say Something simplest simplest simplestic sell your trump stocks sure trump is friendly to fossil fuels. Other than chevron and pioneer, the whole Group Remains investable biden cannot hold all of it back on the other hand, a bidens is t presidency may make nicer on china. This is mad money, not mad trade policy. So we have to factor in what it would mea
The Incoming Biden Administration and some of the communication and tech issues that it may face. Post,g us, the washington politico, and axios. What do you think is going to be one of the major issues that the Incoming Biden Administration may face . One thing the Biden Administration early on will figure out what they have to do with is they are inheriting at least a google antitrust lawsuit from the doj. There is speculation about how politically motivated it may have been, but nevertheless the actual text of this thing is fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of a group of ags, but they are all republicans. Democrats are looking at this stuff too. How expensive do we want
You should scrappy thanksgiving travel plans, the senator who just tested positive for covid takes a stand, what does all of this mean for travel and tourism in the industry, april 11 ceo known internationally for its famed tours, equally is here on how he plans to deal with this latest blow, market is wrapping up the reek with one glittering start in particular, wait until you see what bitcoin is doing we have the dow down 135 and the s p, the nasdaq punted in the green of 12 points, breaking news, President Trump Just Announced two actions to lower drug prices, heres the first, he will require Drug Companies to pass discounts on to patients, not middlemen, those are called rebates, the middleman are called the pharmacy benefit managers, they are used to help the Drug Companies manage the situation and act as a middleman, he wants those rebates to be passed on to medicare and met him, the price drugs are the favored nations club and the prices that americans would pay would pass the l
The major issues the Incoming Biden Administration may face . Guest one thing that the bike administration pretty early on is going to figure out is they are inheriting at the very least a google antitrust lawsuit from the doj. Speculation about how politically motivated that it y been but nevertheless, the actual textual thing, its fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay, almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of group of ags but they are all republicans do we know democrats are looking at the stuff, too. So how expensive do we want to go on at the trust . Host do you think it would be more expensive expansive tha Trump Administration . Guest thats the expectation. Over the last couple years its been rigorous inter