Charts in the market later wegoer up for another big round of earnings. Four names that need to be on your radar as we head into next week but we start, you figured it, with breaking news on the election it has been 64 hours since polls closed in america and the vote counting continues in five key Battle Ground states lets get right to you it is friday evening and we dont have a decision in the election, but the panel you showed shows the trend line, which is joe biden having the lead now in most of these states lets whip around the most important ones pennsylvania is the whole ball of wax if you look, biden 49. 5 and trump 49. 3 there is a difference of more than 14,000 votes. It is a squeaker too close to call. 20 Electoral College votes if biden would win that, the election is over donald trump cant win without securing pennsylvania. And georgia, we saw a lot of voting coming in in Fulton County that too close to call as well 49. 4 for biden and 49. 3 for trump. So a lead but slim a
All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
Remarkable considering the last 48 hours. The dollar continuing to strengthen, and crude at a very sanguine 59. 19. Guy lets talk about what is happening here in europe. Weve got a risk rally underway. Stocks reasonably well bid. Volumes pretty good as well, so that is worth paying attention to. Pound down by 0. 3 . Brent crude down as well. The pound down on those carney comments. Lets talk about what is happening with the trade narrative. Vonnie yeah. China announcing that vice premier liu he will travel to washington next week to sign the first phase of a deal with the United States. Joining us from washington is bloomberg trade reporter shawn donnan. It would appear the events of the last couple of days havent deterred china from that january 15 date we heard before for a signing ceremony. Shawn absolutely. This is the first time weve heard the chinese confirm that the vice premier will come to washington. The real theme since this deal was first announced way back in october has b
Your money, your life, your future now becky quick. We begin with a blended family thats when one or both spouses bring at least one child from a previous relationship to their new marriage and as Sharon Epperson reports, for many step parents, combining families and finances can be particularly challenging special blend is this weeks cover story. At first glance, ronnie and lamar are a typical family they own a Media Company and live outside of atlanta with their four children. The two got married 14 years ago. It was basically love at first sight for lamar. For ronnie. They are blended. A couple that joins together with the children from one or both of their previous relationships. Ronnie already had two children before meeting lamar the couple had the youngest two after they married it kind of blindsided me. I wasnt intentional about what does this mean for me, my husband, for my kids navigating the complexities of a blended family can be difficult enough so couples often put off ha
Lunch begins right now. Welcome to power lunch t shares of boeing are the biggest on the dow that stock down more than 12 in two days well have much more on this story later on thank you. We begin with president s frcomm president. Eamon is at the white house with more. Reporter the president was putting an optimistic spin on where things were going with china. He wants democrats to pass it. He calls them the do nothing democrats but if they pass this one, he will give them all the political credit if they do that the president continuing to lobby there. On china what the president said is they are suffering. Their supply chains are going down the tubes Robert Lighthouser spoke in this Cabinet Meeting to say that ultimately he feels they are going to get toured a phase one deal but not until the president and xi jingping meet later this year he says theres still some issues to be worked out. The president continuing to suggest things are going well and he sees the phase two issues as b