What is great . In the world corrupted, you need to descend to join us in the depths or a maid in the shallows. This is the one business show you cant afford a man. There. Monteith open washington coming up the United States. Find that left out of the Worlds Largest trade deal, putting pressure on europe and an incoming tide and a ministration out of the thought. But economics professor, lecture and 20 months later, the f. A. A. Is unfriending, the problem. Boeing, 737. 00. Just some airlines say itll still be months before its scheduled for regular flights. We have a lot to get to. So lets get another big announcement this week for the coven 1000 vaccine. On wednesday, pfizer and biotech said they concluded the final phase 3 results data. Now showing the vaccine is 95 percent effective. Results show the final phase. 3 trials reported 170 cases of coping 19162 of those who got the placebo and only 8 who received the vaccine. 10 of those cases reported severe symptoms. 9 of them in the
Will be fought in the swing states of course were going to take you to the mustwin county in michigan. Critical state and a county that could tell the story and later, sec chair jay clayton warns Corporate America about a heightened risk for Cyber Attacks. Hell tell us whats keeping him up at night. As power lunch starts right now. Hi, at thisltyler, hi, every tech is lagging again and as the hours roll on, its getting worse. Lets go to bob pisani for more details. Whats going on is theres a little bit of a rotation here. Stimulus is coming back. Some are investing in the idea theres going to be stimulus however, its coming at the cost of Big Cap Technology and all those workfromhome stories, kelly, that worked so well three or four months ago amazon, thats a sixweek low for amazon right now apples at probably a fiveweek low, microsoft, facebook, nvidia, also on the down side. Its the same with those other stayathome, the not mega caps but the stocks that did really, really well at the
Caterpillar. And thats no bulldozer. And Professor Mike khouw is this is an interesting situation. Is running through duelling option exercises on how to play nike going into next weeks earnings. If you already own the stock or not, you can just do it. Its time to risk less and make more options action starts right now. Welcome. I love doing this show, but ive got to take an issue with that deepvoiced guy. He says barrel of cheeseballs like its a bad thing. Really come on. Well, it has been a maybe not bad but tougher year for the consumer space the xlp Consumer Staples is up but just over 1 so its underperforming the Broader Market carter worth, a man who maybe has seen a barrel of cheese balls in his day, says there could be an even Bigger Consumer crackdown ahead. Carter, what are the charts telling you . A bunch of things going on. One thing to consider is that the dollar, which has been very, very weak, has started to stabilize. Second only to technology, the staples sector is dep
London. We had that surprising news, a lot of it on how it could up into the markets Going Forward into the november 3 election day. Now, we still know very little about the symptoms, if any, that President Trump has, so that gives us a little indication of what will happen next. I suppose we could see him stop campaigning for the next two weeks if not longer. It could also have an implication for the ballot if something were to escalate. Canpean stocks down, you see s p futures also down, and then vix, one of the measures we look at for volatility, is gaining as the market trying to recalibrate exactly what that means. Now lets get more on the markets with dani burger. Hi, dani. Dani good morning, francine. We see this reaction starting with a gut punch, starting to bleed into the red for the rest of the day. Yes, u. S. Futures are lower, but interestingly, what is doing worse right now are russian assets. The russian stock index down more than 2 , the ruble down more than 1 . Yesterd
Reacts to it and grapples with it. So today i want to frame our discussion around a couple of quotations. The first is from the anthropologist and fox. Fox writes, Country Music is widely described in racialized terms. Assures sins of its essential badness is frequently framed and racial terms. For many cosmopolitan americans, especially country is bad music because it is widely understood to signify an explicit claim to whiteness. Not as an unmarked mutual condition as locking or trying to shed race, but as marked of cultural identity. Bad whiteness, and redeem by ethnicity, folklore authenticity, progressive politics or than no plus a bleach of elites. I want us to think about that, Country Music as articulating current being this type of marked white particularity. So thats the first quote, the second. Its from the writer and historian roxanne dunn bar, and her book red dirt. Which is a great memoir of growing up in oklahoma, she writes. Country music, wrote patriotism, evangelism,