Were a Dark Blue suit nixon, who had a real 5 00 shadow, didnt wear makeup. He was ten, pounds underway because hed suffered a serious illness if you see if they if they show a picture of it, he wearing a gray suit and blends into the background. So there was a lot of Showmanship And Kennedy was always a step or two or three ahead of nixon throughout that entire election. One of the amazing things is when you talk about health no one, no prison its an actual canada additionally, unheld more unhealthy than john f. Kennedy, but still the perception was the opposite. Chris wallace it sounds like just an incredible look at an incredible election. Thanks so much for being with us. Thank you for having me all right. A brand new hour of Cnn News central starts now and truly all throughout the day, Hurricane Milton now an extremely powerful cat four Storm Category four Storm And Closing in on floridas gulf coast. Conditions have already started to deteriorate weve seen that with our correspond
i m sure a lot of people are having fun. i am tied to. i m ashley strohmier import carley shimkus and a lot of people don t say white. jackie is in white. you are kind of in white. todd: ashley, i wear a white shirt every single day on air, so i ignore the don t wear white after labor day. that is my jam and what i do. a story to begin the newscast, really tough stuff. ashley: we turn to a desperate search to find a kidnapped billionaire artist takes a new turn as suspected doctor refuses to talk. todd: a judge sets bail for the accused doctor with $500,000 as the police that he wiped away evidence before taken into custody. jackie ibanez joins us. an affidavit released yesterday say the man suspected of kidnapping eliza fletcher was seen by two witnesses including his own brother behaving oddly in the hours after that attack. 38-year-old cleotha abston was the man on the video violently attacking fletcher before forcing her into his car. those witnesses say they sa
48. Road map begins with global head winds. U. S. Futures taking a hit as chinas market turmOil Continues. Seeing a little relief so far today and now investors turn their eye to the fed whose meeting kicks off. Big names this morning include ford, dupont, and ups. Merck reporting some mixed results this morning. First up futures rising as the s p looks to avoid its first sixsession losing streak in three years. Another decline in china. Shanghai down after an 8. 5 slide. Jim, you tweeted this morning the government took out some bad longs in china overnight. What does that mean . Im watch where the government is playing this and believe me the government is the natural buyer in this situation. They get the market come in bad. Then they let the market drop about 4 and futures were down. Then they just jammed it up plus one. Then the sellers came in and they stabilized it. Its kind of a victory for the bulls because it didnt close down. A typical collection and now theyre stabilizing it
5 . Thats fantastic for the American People but its a mixed blessing for stock portfolio. Dow up 47 points. S p falling. 03 . Nasdaq advancing. 38 . We need to dell sboov the counterintuitive world where the good news is considered bad news for stocks because now the Federal Reserve will feel compelled to raise rates. For the moment, lets be grateful jobs are easier to come by and the American Worker is being compensated bet cher may be regarded short term as a negative for stocks but long term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stock market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a steroidal pumpup is more sustainable, lasting and will be more lucrative. Emphasis on ultimately, though, than weve had over the
May be regarded short term as a negative for stocks but long term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stock market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a steroidal pumpup is more sustainable, lasting and will be more lucrative. Emphasis on ultimately, though, than weve had over the last few years. You have to believe me on this. This is what i study. It doesnt mean we wont have to make adjustments if we own individual stocks but it means a locomotive of Economic Development can pull up a lot of Companies Even if china or europe or latin america cant. Are we Strong Enough for a rate hike . Yes, as long as you understand that we mean some companies and not others. So with that in mind lets go to the game plan