How are you doing, will . Super bowl weekend. Will right here. Good morning to you both. Thats right. Im live here in tampa. Super bowl lv. I know you are very excited about that jedediah. We will get your picks later. We know you will change the chiefs or the punxsutawney. For now a hometown battle in tampa. Hometown bucs look to be pretty popular, pete. Pete whats the feel . You are there on the ground. Its a little bit different everything is a little bit different whats the vibe in tampa . Will its excited because there is a Hometown Team for the first time Playing In Home Stadium for the super bowl. Its tampered by the bittersweet relation what would it be like if it were a normal year. Street packed and cash registers ringing they recognize its a little down from expectations. Pete absolutely. Jedediah i know you are waiting for my pick. Im waiting for yours, will cain. I had a conversation about it yesterday. You know what . Im going to wait and hold my pick and see who will pic
Busiest week of earnings thus far. Trillionlmost 16 worth of corporates reporting. We need to figure out exactly what the set up looks like. Lets do that with scarlet fu. Scarlet what we have learned so far as we are deepening in an earnings recession with more than a quarter of the s p 500 having reported. Third quarter etf down 18 . Third quarter revenue down last, but still up 4 versus last year. We have definitely turned the corner because declines in the top line and bottom line are less bad than it was in the second quarter. It may even turn positive by the second half of 2021 when the conversations become easier. The market had priced in all of these Third Quarter declines. So far, so good. 500 are topping estimates overall. Sales are beating estimates by 3 . That is the most in two years. Eps is surprising to the upside by 18 , slipping from a 23 margin in the second quarter. Gina martin adams says Growth Companies are beating estimates more widely than value companies. When ea
Our state since the beginning of the pandemic. Thats 53 new deaths since yesterday. Today, though, California Health officials said that with modifications, nail salons will now be allowed to operate indoors regards of what county here in. We will be working with our counties and our local sector leaders around nail salons. Last month, hair salons and barbershops were given the approval to he reopennen indoors. Nail salons were not included, which outraged now is a long owners. This year this way for more businesses to reopen indoors. Maureen naylor live for us this afternoon with what can open up well, as always, depends on where you live. Alameda, riverside, san mateo, and solano counties all reaching the threshold. Reporter the state announced solano, alameda, and san mateo among five counties moving up a tier. In san mateo, that means church movie theaters can open indoors at 25 capacity. Indoor retail, dining, gyms and personal Care Services can also resume indoors with restrictio
Here in New Hampshire, this event [indiscernible] andoderate todays debate, governor patrick to the stage. [applause] thanks a lot. Professor, thank you for moderating this. Thank you all for being here. Thank you to open democracy for the invitation to be here. I could make it as plain as possible by taking that card and reading aloud. I actually wrote that sentence. Look, we have a handful of big ideas, and when i say we, i mean we americans, on which there are broad consensus. And theydont happen, dont happen because we have been treating our democracy for a long time as it it would tolerate limitless abuse without breaking. The things like the amount of money, much of it dark, the gerrymandering of districts so that, as the phrase goes, representatives choose the voters and not the other way around, the influence of lobbyists, especially lobbyists for money interests. Frankly,ression, and how hard we make it to register to vote. All of these things conspire to prevent us from getti
Warm welcome to the show. The data is driving the markets. Downturn will stay for a long time. Be prepared for overly loose policy, harm in the long term. No shock and ought to come. Good morning. Are we jumping too aggressively on the optimism after china data. There were factors to consider. We have to bear in mind there are expectations that inflation could rise significantly in the first part of the year. Absolutely. Lets talk about the bond markets because our guest host says it is going to take 500,000 , 500,000 would not shake the fed. Bond prices are falling. Fedare going to see the cutting rates. The riskalk about market. What happened friday . Cuts at opec this week. A sense of a relief rally in the oil market this morning. , therty values jumped largest jump since 2003. Appetite returns to the aussie market. Qe in australia, that is the question we can debate. Green on the screen for the Msci Asia Pacific index. Bullish views for asia in 2020. 0. 4cline on friday of percent,