There, about 30 points, 25 points now below that benchmark. That is in part thanks to boeing, that is the dows gain that stock is up about 7 after one of its biggest customers, ryan air, near lily doubles its order of the plagued 737 max plus texas roadhouse that stock is up 200 since the march lows can you say that about many other restaurant chains . I dont think so also near its record high, the ceo, ken taylor, will be with us interesting, engaging guy. Hes going to tell us how he pivoted the business to thrive in this new normal as power lunch starts right now. Hi, tyler. Hi, everybody. Stocks are off the highs of the session but all the major averages are on track for their second week in a row in the green. Lets go to bob pisani for whats driving us higher today im a little disappointed with the action. The comments a stimulus deal was in reach helped early on but has done nothing in the afternoon. Were moving in a narrow range, kind of flattish all the right stuff is moving. De
And working on social welfare issues close to 30 years and those of you who have read my writings know that if you most traditional Welfare Programs have been selfdefeating and have done a great deal of harm that is intended to help i found it fascinating pp on people are happy to criticize but to do welfare for the wealthy and then to have less criticism and less disapproval than those that try to help those that most need the help. Then the freeways people that are millionaires or billionaires. One is wellintentioned although not very effective so with that said we have an interesting form today talking about a new book that is available on amazon called welfare for the rich. And that is on sale right now and amazon. And then beyond that i will turn it over to our guest and show harvey is the founder former ceo and a Charitable Group with familyplanning issues around the world and the head of d kt Liberty Project which is a prominent defender of free speech as an entrepreneur and phi
And today in the bay starts right now for you on this friday morning. Thanks for making us a part of your morning. Im marcus washington. Im laura garcia but i cant hear you so im going to work this little Technical Glitch out right now and let you take it away. I will take it away from here. Mike has a look at the commute, but first kari hall with a look at the forecast. We are starting out with some mostly clear skies and also some nice, Cool Temperatures. As we take a look at what to expect for the week, were going to be a touch cooler for today with our afternoon highs mostly in the 60s and 70s. But we do have a great weekend ahead as we celebrate halloween and, of course, well remind you at least 100 more times to set your clocks back one hour as Daylight Saving time ends this sunday. But looking at our temperatures today once again really nice as we are looking at highs that will reach into the upper 70s and low 80s. Well talk more about this coming up in a few minutes. Mike, how
System wasnt. Jordan has more from washington d. C. This is something which started talking about nearly 9 months ago. This as Michael Flynn was trying to change his guilty plea and accusing the federal prosecutors of a basically entrapping him legal saga that really has overhauled the trumpet ministration. The allegations of russian meddling in u. S. Political processes of corruption and other run toward possibly treasonous behavior by members of the trumpet ministration, as well as by some of trumps outside supporters. U. S. President elect joe biden has delivered a thanksgiving message. He urged americans to come together and stop the spread of the coronavirus. He said the grim season of division would soon give way to life. The football world is in mourning for argentinian legend, diego maradona, or donna rather whos died of a heart attack at the age of 60 is regarded as one of the greatest if not the greatest players of all time and captain to argentina, to victory in the 1986 wor
A hectic month. There is a lot of uncertainty with regard to the world in general. Jonathan jim b juncker joining us now. What a week in this market. The equity market breaking down by a little more than one and a half percent on the s p 500 but it is the absence of the bid in the bond market hitting the attention of you and i and everyone else. We are selling off, not driving yields lower. Yields are higher by four basis points. What is the signal you take away from that . Jim a worrisome signal. You are right, the fed is doing qe, buying 120 billion dollars of bonds a month, the stock market flirting with a 10 correction. That has all the hallmarks of a classic risk off rally, that bond yields should be falling as treasuries catch a bid as everyone rushes into safety. None of that is happening. The take away the market is still worried about uncertainty over next weeks election, uncertainty about the rising coronavirus, and potential or more fiscal stimulus and or inflation. All of t