He goes, maybe im immune. I have no idea what that means. Jonathan you are not alone. Lets move from the theater of the last 24 hours to the drama of the polls this morning. The former vp joe biden with a widening lead in the cnn poll this morning. It is not a predictor of what will happen, but a snapshot of the mood of this country, and it straddles that covid test that was positive. Poll, octoberis 4, very important this morning. Tom i read every word of the polling. A 3. 6 margin of error. Are thein there subsets on covid to come on the economy, and the rest of the pole. That gap, as they say in the text, is widening from the nbc wall street journal poll of just a few days ago. Jonathan yields this morning on the tenure tom out of control. Snoozer finally, the over in the treasury market. Lisa out of control . Jonathan only one of us is out of control, lisa. [laughter] tom go to cash. Lisa we are still going to be checking out the data. I am going to take you back 12 months ago, whe
Restrictions in one city, but investors are brushing that off. As well, up firmly part of the Semiconductor Story, looking forward to samsung earnings. Looking at currency, the dollar story almost the weakest in terms of the bloomer dollar index, for close to two years bloomberg dollar index, for close to two years. Down for tense of 1 . Hasonshore yuan strengthened. The aussie dollar up as well. On the next board, looking at gold, futures breaking through 2000 announce. You have the likes of bank of america predicting you could get 3000 in therice next 18 months. Wti up 3 10 of 1 . The 10 year yield has edged up marginally at 62 basis points. You can see there has been a marginal rotation out of chinese 10 year as well, more risk on sentiment in the mainland. Rishaad all right, lets look at one of the biggest movers, 7 . Shares up around one at one point. We have a company that has become the worlds 10th biggest stock. Our guest from aberdeen standard investments. Thank you for joinin
First of all thank you for inviting me to join you today. I appreciate the opportunity. We are in the washington metropolitan area we have taken the earliest and most aggressive actions to try to mitigate inflight of the curve so we are a little bit behind the other states that didnt take those actions and hopefully it will not nearly be as bad but we are still on the upward trajectory so now we have in the region as yesterday more than 27000 total cases and we are still on the upswing with respect to unfortunately hospitalizations and respect to folks going into intensive care, icu beds and death in all jurisdictions we are hopeful the steps we are taking will help mitigate the trajectory but unfortunately we are still claiming and not able to get over that hump. The big focus right now is to open the economy across the country so bad is the current timeline and how confident are you that maryland will not shut down or pull back again . And then to save lives and protect people and st
Into correction. Meaning theyre more than 10 down from the highs. Selling has been hard, fast and really until late today a bit indiscriminate hard to believe that just last wednesday we were talking on this very show about alltime highs. Since then, the Broader Market down 13 18 s p 500 stocks lost more than 20 this week. All told, the s p 500 wiped out nearly four trillion dlarps in market value over the past ten sessions thats the budget of the United States of america. So, guy adami heading to the weekend, im pulling a fast one on you fast money one on you you. Fire away. The big violent move up into the day you know the chatter im not saying anything out of school maybe the fed steps in over the weekend and does something do you think we see something from jay powell and company this weekend your buddies. A consolidated Global Central Bank thing which the answer is yes why they think that will be effective in this is jond my scope. Im not an economist its more madness on top of th
It always leads us to our road map. It starts not with the stock market but with the big Company Named walmart and its shares, which are set to open at a new all time high. The retailer delivers an earnings beat, also forecast what is quote a good Holiday Season plus, Global Technology spanning slowdown concerns, cisco shares, they are sink ahead of the bell as we told you. Rain or shine, we always like that he will be with us for an interview and Elizabeth Warren on attack. The president ial hopeful dropping a fierce new campaign ad today shes targeting a handful of outspoken billionaires who have criticized her publicly. Many of them right here on our air. Lets get to shares of walmart they are on track as i said to open at a few all time high, quarterly earnings, Comparable Store sales up for a 21st consecutive quarter and ecommerce sales, get this, 41 in the u. S. Was what they were up that was helped by growth on what they said was Online Grocery. Walmart also raises its full year