Small caps having a pretty good day as well. The commentary seems to be the market feels a little tired. Is that how you see it yes i do suspect that the market is fatigu fatigued certainly on monday mornings consecutively weve been greeted with excellent news for society as it relates to the vaccine but markets dont seem to be responding as positively as they did two weeks ago. Scott, you began the show by suggesting that we have a potential end of year run. For there to be an end of year run, we are going to need a catalyst and i suspect its not the vaccine, its not earnings, and it really falls back to washington, d. C. And the ability to try and offer some form of fiscal bridge to get us to the other side in the absence of that, i would just highlight december 15 the and 16th, you have a Federal Reserve meeting. Theres a wild card scenario there where the Federal Reserve steps in and enhances some of the landing programs and provides the bridge in the absence of fiscal policy maker
Were in trouble, you need to back up this topic. We saw it in the election result that the voter, the american border is really interested in. What are you going to do for me . How my going to live another day . How am i going to put foot of the table . We have a lot of people that have like serious issues. And we need to just focus on the things that people are concerned about. The economy put in front of the table. So under it gets to school and being able to have a decent life and reaching the American Dream and watching out International Thanks for a company to not go back again. And how often ill look forward to talking to you all. That technology should work for people. I really must obey the orders given a human beings, except were such a conflict with the 1st 2 that we should be very careful about a personal challenge. And at that point, all you see is a great thing to do with artificial intelligence, where something that the robot must protect its own existence is greetings an
Right now. Still breezy in areas like atlas peak, sonoma and calistoga as wills danville all these areas have consistently seen wind gusts this morning into a 20 mile per hour range. Most of her strongest of winds have been concentrated in mountainous areas more exposed to those peak wind sitting right above the bay. Well you see just the other thing going on right along the bay itself hayward san jose San Francisco, nice and calm through the morning we will see winds picking up briefly into early afternoon right after lunchtime and then after that its all downhill in by 06 00pm tonight. Actually pretty calm evening set up ahead of us red flag warnings will does expire at 05 00pm today for those upper elevations of the east bay, a purse elevations of marin and sonoma counties too and much of napa and all of Solano County. Again this red flag warning Expiration Date ahead of us so we do have that end in sight. 50s and 60s for your current temperatures, its been a nice morning with oakla
Consumer confidence relatively judge the michigan consumers intimate data is a good guide. Lets break it down a different way. Current conditions, 85. 9. That is above expectations at 84. 9. This is what i was really looking for, expectations also ,oming in ahead of expectations but they are still below current conditions, 79. 2. They are not going down, which ethic is the really important thing, as we see the virus picking up. Alix and we didnt get stimulus, counterintuitive to what many thought would happen. Big tex stocks are lower on a stocks big tech are lower on a flurry of data. Now with us, mark st oeckle. Are you buying the dip . Tok i think people need keep it in perspective. The reports were good. I think what we are seeing today is skimming a little but of the froth out of the valuation adjustment. I think they are all very wellpositioned and very well performing companies, but lets also not forget weve had a big run up into these numbers. The interesting part is you look a
Lemonis thatd be like going to Baskin Robbins or 31 flavors and them saying, sorry, we only have 20. Hes letting down his employees. Ovie itd be nice if my own opinion mattered. Lemonis itll be a giant [bleep]show unless you guys are on the same page. And with a new baby at home, he feels like hes letting down his family. Tony my wife, steph, is an absolutely trouper. Shes so understanding, but i know she deserves so much more. Lemonis if i cant help him see what hes done wrong. Tony i guess i just had visions of grandeur. Lemonis . And where he needs to go next. I want to literally start new. This business will evaporate. Tony this is a little can we get off camera for this . This is, like, crazy. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to change. Everyth