Yesterday. Nasdaq down 2 yesterday dow futures indicated up about 26 points, nasdaq up by 30 and s p up by two. The 10year is yielding 0. 667 andrew we have news out of washington to tell you about democrats unveiling a new 3 trillion spending bill including another round of stimulus checks up to 6,000 per household and extending the weekly Unemployment Benefits that would go through january including 107 trillion to stabilizing rent and mortgages and a cap on state and local tax reductions for 2020 and 2021 of course returning the tax bill that hurt hightaxed blue states that hurt them the hardest saying the relief bill is a big ticket for a big problem House Minority leader called the bill a waste of time and an 1800page of liberal wish list with no chance of becoming law the fight begins the latest update on the efforts to reopen america. California governor announcing next phase of opening including some malls and museums offices that cant telework would be allowed to open with saf
Joining us from sunny arizona. Your clients havent done too badly this year. Jeff its been a great year, and what a difference a year makes. Vonnie why is that, jeff . Jeff the reason for that is because this year, we had a lot of very supportive factors pushing the market higher. First and foremost, weve got a very strong and resilient consumer, and that is evidenced Online Retail sales. Next, weve got Central Banks. Central banks have been supportive and accommodative here in the u. S. And overseas. Next, weve got earnings. Earnings are looking like they are going to improve not only in the end of this year, but into next year. Finally, and probably most importantly, shortterm, weve had improvement on the trade front. It looks like we have that phase one trade deal ready in the nottoodistant future. Vonnie you say what a difference a year makes. Obviously, a lot could happen in the coming year as well. What are the greatest risks for 2020 . Jeff the greatest risks we see are policy r
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