Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we
President tells bloomberg positive news on the vaccine isnt a major game changer for its forecaster. She says the focus remains on stopping the economic slump from worsening. Judy sheldons nomination to the fed board is blocked. Set tome as the sec is move ahead for plans that could delist chinese companies. A warm welcome to the show. Welcome back. I hope you had a good rest become because you come back to many warning signs. From the equity markets, sell the top. Markets, the dean of debt a little to get suspect on distressed debt markets. Marie. Orning, ann annmarie good morning. When this level of optimism is high, there is usually more room for disappointment and that seems to be what we are seeing. I said facing reality. You had a good term of categorizing that reality and for me, Christine Lagarde saying the vaccine is not a game changer because it is not going to change in terms of the economic fallout we are seeing. If we take a look at where we trade this morning in the monda
Caroline you know what . I will go for the interruption technique. No, i am going to play nice. By caffeine and sugar. I tried sweet potato with marshmallow on top, and American American top, an delicacy. Not so sure about it. Onathan a quiet day ahead both sides of the olanta. Caroline of the atlantic. Caroline this is like a black friday of no other. We will have empty stores. Everyone is online. But those traders will still be logging onto their computers. I feel as though perhaps we are going to get a little more activity than we use to. Certainly we sought on the cryptocurrency front. Jonathan we start with equity futures and work our way through the bond market, foreignexchange as well. Equity futures up about seven on the s p 500. We advanced 0. 2 . Outside of that, and the bond market, mentioned the bid into treasuries. Yields coming in on the 30 year to 0. 86 . Eurodollar, some really big calls coming through. Theres a feeling that maybe next year is a repeat of 2017, when we
There are a lot of people who disagree with Charlie Hebdo theres all this thousands of what you would call is the list is a mystic stream ists. Its very few more terrorists theres very few people who actually do deal if the Charlie Hebdo was so offensive was so horrible surely they could be thousands of people on the streets starving one another its not its a tiny tiny minority what is it about the tiny minority that distinguishes them from all the rest of us and thats why you have to look at this that the individual level when one starts it almost gives legitimacy to the others so the reason that france has raised its terrorism level is because it takes one and its kind of like a rally around the flag now were all going to go because it becomes rational you know when you think that you will get legitimacy for it. To ation in france on our website r. T. Dot com and get the latest updates by following us on twitter ill be back with more news in just about half an hour thanks for watchin
What is true what is fake. In a world corrupted you need to descend. To join us in the death. Or inmate in the shallows. I. This is boom bust the one thing in the show you cant afford to miss friendship or in washington coming up with less than a week until the United States election g. D. P. That it is out in the nation of the seen its fastest growth ever amid the copen 1000. 00 crisis but the economy is still far from a full recovery straight ahead we break down the spike in growth and the economic state of the nation plus big tech is back under fire as some of the most powerful people in the sector face down Congress Later on and we bring you up to speed on the meetings and what regulation we could see moving forward with a packed show today so lets dive right in. And we lead the program with the latest Economic Data out of the United States the u. S. Economy grew at a record 33 point one percent annual rate for the 3rd quarter of this year increasing 7. 4 percent over the 2nd quart