Weeks. Tracking eta. The newest Tropical Storm strengths as it marches toward the United States. See the damage already left behind by this storm thats already killed over 100 people. And getting off the ground. Flying cars have been promised for nearly 100 years. Well take you inside the race to create a real viable option to drive into the sky. But first, we begin with a look at todays eye opener. Your world in 90 seconds. Its pretty apparent to everybody who is watching right now and counting the numbers and looking at the universe of outstanding votes that joe biden is on the brink. The time for tallying votes is winding down. The nation awaiting who will be in the white house for the next four years. If it takes a long time, thats good. It means were being methodical. Were checking the facts. Its like in carpentry. You measure twice and cut once. Comes down to five key states. For now, joe biden, like the rest of us is left to watch and wait. As slow as it goes, it can be numbing.
Prepare to release a scathing report targeting apple, amazon and others well let you know what they are upset about on this thus, octoberthus, october 6. This is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from whenever in the world you may be watching im Brian Sullivan here is how your money and the Global Markets are setting up their day. Stock futures are not doing a whole lot, dow futures off about 63 points. The major averages all coming off a winning session on monday, the dow surging more than 400 points to cap off its best day since mid july but watch the small cap, once again they outperformed, the russell 2,000 up nearly 3 for its best day in months, and dont tell anybody, but small caps on straight for a fourth straight positive session, first time that has happened also since midjuly and there is a lot to focus on outside of the president s health you have 17 fed heads speaking this week. Jay powell will speak today, and then you have 16 oth
Quarter. The Second Quarter is probably going to be weak. In fact, in the view of many, output declining output lower in the Second Quarter than in the First Quarter. After that, its very hard to say how big the effects will be or how long they will last thats going to depend, of course, on how widely the virus spreads, which is something that is highly uncertain and i would say in fact unknowable jim, so its just you and me today. Lets start broad. Get your thoughts on the last 72 hours. What are you thinking right now . I think that the one thing i was very worried about in the 2007 and the 2009 issue, could i take out 50,000 from Jpmorgan Bank because i was concerned. And i took it out. I took money out of a lot of Different Bank accounts. This time im not. What was the purpose of last night . Theres a lot of things. The purpose of last night was to make sure you didnt take money out of the bank because you didnt trust the system. You dont have to bury it. That was important now the
Good spot where he is still not only right in the middle of the pack, but on the latest polls, leading the pack. Know, the key to iowa is organization. Outside of the toptier candidates, who else could potentially breakthrough on caucus night . Guest there are two in particular that people are watching for what you just noted. Cory booker, despite him struggling in the polls, remains popular when you talk to people who see him at events. Good organization. He invested very early in this campaign. People are watching him to see if he could be a breakout. The other one is amy klobuchar. She has built out her staff now. She is able to capitalize on that momentum. That organization could help her as well. They were most interested to see if they could fall into that toptier. Latest fromon the this Des Moines Register cnn poll, why is Pete Buttigieg fading in iowa . Guest i think it goes to what i touched on earlier. Elizabeth warren surge and then it came back to the pack. Democratss that
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours