Away. Theres also movement this afternoon on pandemic relief. Despite a twohour meeting in the Oval Office Last night on the president s plan and a much smaller republican counteroffer Congressional Democrats are now moving to fast track their 1. 9 trillion package. We have so much more on what that means for struggling americans in just a moment, but, first, lets Dig A Little Deeper on this legal response filed by the former president s attorneys. Our cnn chief domestic correspondent jim acosta is live with me this afternoon. Jim, this all goes down one week from today. What will we be hearing from team trump . Well, what youre going to be hearing, brooke, is part of what you just said a few moments ago, constitutionally they will argue that the president cant be convicted at the senate trial after leaving office as president , but they are also going to say that the president s comments on january 6th, that rally on the ellipse just before the riot that took place at the Capitol Fall
Performance today. And nasdaq push a 2 gain. Nice moves today, in alphabet, ama ama amazon,baba ahead of those earnings you have a new month for stocks. Very big and important earnings this week in tech and elsewhere. Retail surge impact, volatility in the markets and what was gamestop is now silver we have our eye on that as well. And we do have this call now, ko courtny. This is likely to get worse and feel bad in the shortterm this is not a bubble or like 2000 for many reasons. Calls now that the correction is here is it . Well, good to see you again, scott. Everyone is entitled to an opinion and im sure hes done a ton of research that would say its here but i think there are a number of factors that one would say may not allow this correction to last longer than what was friday. So, you know, when you think about the amount of cash on the sidelines. Look at the savings and the amount of capital thats going to come into this marketplace with stimulus, you look at people can say eval
The etf industry, big numbers are par for the course. Our analyst Eric Balchunas is used to big numbers. Eric this is no exception. This is the end of the year, the last show, so normally go over weekly. You today numbers are big. 324 billion. That is the second biggest year of etf flows ever. 7 organic growth. Lets look at the top leaderboard of the year. Bti broad market. 31 , that is the best return for the s p since 1997, even though it did not feel like that. Usmv was a shocker. Interesting for smart data. By one basisee point, enough to win this internal the battle. That is the hangover from 2018 and rates falling. Take a look at the Asset Classes. January to october, equities not that big. 40 of their flows in the past two months. Fixed income, look at that drop off. Gold as well. Look at their growth this year. A little below average but 18 look at their growth this year. Fixed, way above last year. Lets look at the leaderboard in terms of the issuers who won and lost. For the
Trump card which is the economy. Americansare deeply divided over impeachment showing over half of voters, 51 , believe trump should not be impeached and removed from office compared to 45 that is reverse where the numbers stood before the many hours of hearings. Before they began, more voters voted for impeachment than against it the data on the economy is unequivocal. Showing three quarters of voters have it any time in the past 18 years. For those who believe the economy is on the right track approve. The white house wants to capitalize and that angry letter sent yesterday he wrote that, quote, democrats are desperate. Your party simply cannot compete with our record. Thank you. One of the Big Questions is the proxy for the election a lot of people have said, dont impeach. Lets wait and deal with this election and see where the public stands. If you have a group of candidates arguing that you need to bump up this election because of trump what does that suggest one of the interestin
Have to stay tuned. And you know, it is a democracy and in the most populous democracy on earth, i would just make it clear to him, do not let religion get into your immigration policy, because you will turn off so many countries who could be your friends, just dont go down that path. I would say to him maybe at the end of the day that would be right. How many restored . We dont know. Its nearly christmas. That is it for the papers tonight. Dont forget you can see the front pages online on the bbc news website. Thank you digby and rachel. Thank you for watching. Hello. This is bbc news with rebecca jones. Goodbye. Well be taking a look at tomorrow mornings papers in a moment first the headlines. A crisis at boeing good evening, heres the Company Suspends production your latest sports news. Of its 737 max aircraft, a row between mesut ozil which had been the subject and china intensified, of intense scrutiny after the forward criticised the countrys persecution of muslim minorities. Fol