Secretary of state announced a full hand recount in the president ial election for the state, noting a 14,000 plus boat difference between Vice President biden and president trump. This runs 20 minutes. [background sounds] good morning, everyone. Today is november 11. Before i get started talking about what we are here today, id like to give a heartfelt prayer of thanksgiving to all of those that gave their lives to this country, all those people are continue to serve. This is a special day. This is a hollow day. Growing up my dad served in world war ii, in the navy, and people were called to serve and then we had korea, vietnam and the people serving today. So we can never forget and we can never give them enough thanks what theyve done for this nation. One of the things they fought for is for our right, our freedom to have free and fair elections. So that is at the end of day what we really need to be mindful, particularly of our office as we work finishing up and closing out the ele
Welcome youre not alone as individual investor interest grows, so too is the Options Marketplace. Professor mike khouw explains how that could benefit everyone with more diverse product, well, options. Its time to risk less and make more options action starts right now. Lets get right to it. A slew of retailers on deck to report Quarterly Results next week despite todays big pop in Monthly Sales data, our chart master says the recent retail wreckage isnt quite over yet. Carter, what are you seeing in the charts we did get data, as you mentioned. Retail sales today reported that the total value are now higher than covid thats in a way bullish. But the stocks reflect it in aggregate. The first is a comparative chart. Youre looking at xrt, thats the equal weight retail etf. Its 88 stocks, its 3 trillion versus the s p what we know is this index is double the performance of the s p, up 36 versus the s p up 18 so the question is how much is priced in . Second chart, this is a two panel char
What will be watch . We will watch wage growth. Good morning, this is bloomberg surveillance. Guy johnson is with us. There is a really dramatic photo of a helicopter dropping down on a cruise ship. What is the mood in the london weekend . Guy the mood is everyone is trying to figure who has what. We dont have enough test kits. Knowledge as to wether or not this is spreading quickly, slowly, how we people have it. It does not exist right now. Tom i believe it would be called unknownunknown. Screens tothree data start things off. With our first word news, here is viviana hurtado. Viviana we begin with the coronavirus. Almost 100,000 coronavirus cases have been diagnosed globally. The majority in china. Beijing reporting the number of new cases and deaths are falling. The u. S. Outbreak is getting larger. There have been more than 130 cases reported and at least 11 desperate there is a key to wether the Central Banks cut rates again. This from robert kaplan. He is looking at how fast the
The economy. The other thing is, if you act too soon and you decide, oops, we acted too soon, you get you put yourself in a position where you have a zigzag policy and you will face criticism from that by people i know. Second, if you then want to go in the other direction, you only have a quarter point to play with. If you hit the brakes too soon, you dont have gas. With that in mind, im concerned about the effect raising Interest Rates now would have on the real estate recovery and i would ask you what you would think the impact would be of raise zing Interest Rates on the housing recovery and would we squeeze credit worthy borrowers out of the Housing Market and create a negative feedback loop with prices going down . So, you have made very large number of very good points and indicated many relevant considerations that the committee is trying to weigh and balance and has been taking into account. With respect to the Housing Market, of course the level of Mortgage Rates is relevant
There are two Obvious Solutions to this. One is to lower the corporate would benefith workers, consumers, ensure holders, or if youre an elected official and want more money to play with, you can call the people who engage in corporate inversion unpatriotic. We have three scholars today, two of which are here now and one is coming, which will discuss the policy responses to corporate inversion and maybe after all is said and done, they may all be tried for economic treason. Mitchell, david burton. Dan mitchell is next for it on tax reform. Prior to joining cato, he was a senior fellow at the heritage foundation. 1998so served in the bushquayle transition team. He holds a bachelors and masters degree in economics and a phd in economics from george mason university. David burton focuses on tax matters, entitlements, and Administrative Law at the heritage foundation. He was a general counsel for the National Small Business Association for two years prior to joining heritage. He was previo