Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
In latin america, in other countries. And now, you know, theyve proved themselves in effect. And i dont think the results are going to be pretty, trump unselfish across many rubicons as well. Like theres no going back from some of the stuff hes done. So there is not any individual. Its like the systems that are designed this way. The American Financial system crossed the rubicon, whereby we now have a system where the banks create 95 percent of the money. Not the u. S. Congress. The u. S. Congress used to by the constitution be authorized to create the money of our country. Instead, we have banks, private banks, print the money somehow because somewhere along the line we crossed the rubicon. Whether it was the founding of the central bank of america, the Federal Reserve bank, or it was the 1933, gold confiscation. Or when you 971. 00 that going off the gold standard, like there were several rubicons cross that there was no going back. Once you did that and always receive Popular Suppor
President s, inclusive of trump. And this shows all the wars that theyve started war, war, war, war, war war. And then you get the trump, and its like, oh, he didnt start any wars. So thats why they had the coup of 2016. And we, historians, i believe bernie quickly will refer to that 2016 attempt by the d. N. C. To usurp and to a legitimate as the Trump Victory 2016 as a coup or attempted coup. I think what were seeing now with what youre describing, the miscommunication or the not the miscommunication, but the but the deliberate time, radical withholding of information would be part and parcel of this rolling coup. And people who study history call was look at the coup in americas coups, in latin america, in other countries. And now, you know, theyve proved themselves in effect, and i dont think the results are going to be pretty, trump unselfish, crossed many rubicons as well, like theres no going back from some of the stuff hes done. So there is not any individual, its like the syst
Right. While theres so much noise out there fanned, its a real challenge to try to find a way to cut through the noise and find the signal. And i think the easiest way to understand the last 456 years of the rise of trump would be in the context of americas empire and wars. And when Trump Took Office in 2016, this was challenging the war machine in america. And they like to drop bombs on people. Lets be frank. And i think its a great image out there on the web of the 6 president s, inclusive of trump. And this shows all the wars that theyve started war, war, war, war, war war. And then you get the trump, and its like, oh, he didnt start any wars. So thats why they had the coup of 2016. And we, historians, i believe bernie quickly will refer to the 2016 attempt by the d. N. C. To usurp. And to illegitimate is the Trump Victory 2016 as a coup or attempted coup. I think what were seeing now with what youre describing, being the miscommunication. Are they not the miscommunication but the b
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