To suck it up and concede the election. Well get reaction. Well hear from captain america, steve rogers is in the house. On how freedom isnt free all that and more on making money. Another. Charles another intriguing session, with tension in the air, financial media. Certainly not maxed for the market, right . You think about the socalled fear gauge, the vix for instance. It is coming down but you dont sense that, do you . Heres the thing, Goldman Sachs, their chief equity analysts look out for the roaring 20s, 2020s. Famed Hedge Fund Manager bill ackman betting against the market. We have gary kaltbaum, phil blancato, we have joanne feeney. Barry, whose side are you on here, who has it right, Goldman Sachs or bill ackman . Im still trying to figure out todays action, let alone the 2020s. Let me say this, i will give us a little bit of a negative, i wonder in the next year or so finally what Central Banks are doing is up and the markets finally, you know, give it the little repercussio
Wisenberg, david webb and Herschel Walker and Harmeet Dhillon. We have the breaking headlines for you. The big debate, are the polls underestimating the shy trump voter . It is not about the national polls. It is about the Electoral College and the battlegrounds. Well show you why critics are now saying those polls there could be wrong. Also, we get to the bottom of this debate, will we know the winner tomorrow night as fights are growing over mailin ballots in key states. The president said he is prepared for a tough legal battle ahead as concerns grow about the longer the wait, the more street action and protests and riots. Plus new reports coming in. That the fbi is now questioning Hunter Bidens former Business Partner Tony Bobulinski about an alleged 10 cut for joe biden in a multimilliondollar deal with chinas Biggest Energy company. Attorney any bob Tony Bobulinski says those stakes or cuts why the Chinese Energy conglomerate was paying hunter biden millions of dollars as we repo
All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Is clearly it was a more civil debate. It was a debate where mr. Trump got much higher marks on first blush then he saw in the first debate, but with 11 days to go, i am going to say what i think say not what i think, maybe what we all think, but what we hear from the pros, the money matters, and the genoa one from delaware has the money the gentleman from delaware has the money. I saw a number of reports this morning that clearly, mr. Biden is ahead in this poll, that poll, but the president is tightening up, as was widely predicted. Jonathan 11 days to go before we can get a deal on capitol hill on fiscal stimulus between House Democrats and the administration and republicans. Lisa oh, come on. We are not getting a deal. Ifo want to say on pulling, say on polling, if the polls have it wrong, political polling, the whole industry is dead. I am interested to hear what larry kudlow says. He is joining some bloomberg show and some guy who hosts the show at that point. [laughter] jonathan
From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos