Yeah, look, we have to be careful because there are Many Companies that benefit, but we have been piling into stocks that were meant to be as if there were no vaccine until some time maybe some time late 2021 where then there will be 2022. So, you have the nasdaq futures up way too much. You have the s p, i think, and dow up the correct amount given what is in those stocks because youve got the bank stocks suddenly maybe they get a real break. Travel and leisure are just incredible how bad theyve bipartisan and then youve got, what do you do with a service here now honestly, what do you do with a company like a zoom or a peleton. Thoseniquely price for a belief that covid will be with us for a long time. David, you know a lot of stocks are trading not as if theyre going to be households and everythingen wi en with everyone is going to have them and trading as catastrophic growth in a number of cases. While there still could be for a number of months, element that says, you know what, i
Will wake you up, call it ludicrous speed. Stay here, airbnb making its pitch to go public even as the travel sector continues to suffer amid the pandemic and buffetts big buys, the sto stocks he says are ready to rally. It is tuesday, november 17th, and this is Worldwide Exchange. Good morning, good afternoon or good evening from wherever in the world you might be watching. Im Brian Sullivan thanks for joining us. Here is your markets and money on a tesla tuesday as well call it futures are mixed to flat. Dow lower, nasdaq futures are higher neither are moving very much but another big monday for your money, more new records and a new vaccine candidate of course. The dow coming off its first record close since prepandemic levels in early february the index now just 50 points away from 30,000 something certainly a number to watch. Small caps continue though to be the star the s p small cap 600 up another 3 yesterday if you are not paying attention to small caps, you should. Lets also t
Your portfolio. President trump has number of legal challenges concerning voter out comes in several states as he vows to fight on. Well get the latest from rnc spokeswoman, liz harrington. And ask tammy bruce how joe biden can keep the pledge of being president to all americans. All that and much more on making money. Charles stocks soaring to new highs on all major indices, news from the coronavirus from pfizer has tested to be more than 90 effective. To break down what this actually means, fox news medical contributor, also the host, author of, covid, the politics of fear and the power of science. Dr. Marc siegel. The perfect day to have you, my friend. Apparently pfizer will file for emergency approval late they are month. Assuming it is granted how long before people start to receive the vaccine . Charles, this is the power of science. This is so exciting and i think given the fact operation warp speed already contracted for 100 million doses. That they have deployment in place us
People across Central America last week, and more than 100 are still missing. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Karina Mitchell. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Stocks are surging, the dow is up almost 5 , bonds tumbling after a largescale Coronavirus Vaccine study delivered the most promising results in the worst pandemic in a century. This as president elect biden warns of a dark winter ahead. We will get more about that large study that shows that vaccine being developed by pfizer showing more than 90 effectiveness. Tina fordham on a biden presidency and what we can expect from this lameduck session. One thing we can expect, we just got a firing. Mark esper terminated. Tr
Treasury yield target. Chancellor merkel looks to repair the transatlantic trade ties but bidens Irish Heritage threatens the u. K. s special relationship as his views around a hard border in ireland remains central to brexit talk. Welcome to the program, everybody. Just under one hour to go until the start of cash equities trading. Lets have a look at where users have us positioned. We saw a strong appetite for risk assets last week and that continues with the big news over the weekend about president elect biden. Point 21. 550 futures percent, echoed by ftse futures and dax futures. Buyave a sense of if not everything, buy risk and treasuries. We are not seeing full wholehearted embrace of the fixed income asset class this morning. This is what got on the global stocks outlook. Mastec futures outperforming. A lot of this had to do with hyden the optimism around what President Biden might do around stimulus although there is a senate conversation. What does this mean for reflation . W