Is about the two different candidates, two different approaches, stark yesterday with the president fired up in lansing, michigan. And the emotion of mr. Biden georgia, warm springs, which resonates with Franklin Delano roosevelt. I would suggest markets on the move, different than yesterday, yesterday less correlated and today a dramatic correlation. Notice the vix at a strong 36. Francine i think the focus is on these lockdowns, especially in europe, how harsh they could be and what that means for job losses. A lot of the european stocks are at the lowest in five months. We will have extra market checks today. Thats get to first word news with ritika gupta. Ritika President Trump appears resigned to waiting until after the election to get a coronavirus stimulus bill. The president told reporters he will get the best stimulus package you have ever seen. The white house claims nancy pelosi blames nancy pelosi for the delay. Nancy pelosi blames mitch mcconnell. Reluctant tore embrace a
Beating after reporting solid earnings, when a to expect what to expect next, and m, and a is ramping up following a pandemicinduced slowdown. Which deals are on the table. On the barrons round table, ben levisohn, carlton english and jack howe. Happy halloween, ben. We just saw the worst week since march cap off the worst month since march. What do you see happening in the markets . Yeah. This week was definitely more trick than treat. [laughter] theres, this was the week where everything just came home to roost. We had the election uncertainty which the market had been able to put aside for a while. It came back bigtime. We have these rising covid cases, and theres something about the fact that it hit a record that really stock spooked the market. And then you can have the end of the stimulus dream, earnings from all kinds of companies that no matter how good they were, they really didnt seem to really help the market at all, stocks at all. And by the end of the week, it was just awf
Welcome to bloomberg surveillance. Happy monday. I am Francine Lacqua here in london. Toin, a very busy week, on the u. S. Election and about 16 days. Looking at futures, the hope is that we will get stimulus, and i am looking at treasuries. The pound already up after reports that officials were prepared to water down controversial brexit legislation and a move that could revive failing talks with the European Union. Also, the yuan seann gains. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Nancy pelosi says a preelection is possible, but she has set a tuesday deadline for making more headway with the white house. President trump is confident he can persuade the republicans to back a good deal, renewing his offer to go beyond the dollar amount that is now on the table. Now china has passed a new law to restrict sensitive exports to protect national security. It provides a framework for beijing to fight back
Beating after reporting solid earnings, when a to expect what to expect next, and m, and a is ramping up following a pandemicinduced slowdown. Which deals are on the table. On the barrons round table, ben levisohn, carlton english and jack howe. Happy halloween, ben. We just saw the worst week since march cap off the worst month since march. What do you see happening in the markets . Yeah. This week was definitely more trick than treat. [laughter] theres, this was the week where everything just came home to roost. We had the election uncertainty which the market had been able to put aside for a while. It came back bigtime. We have these rising covid cases, and theres something about the fact that it hit a record that really stock spooked the market. And then you can have the end of the stimulus dream, earnings from all kinds of companies that no matter how good they were, they really didnt seem to really help the market at all, stocks at all. And by the end of the week, it was just awf
Markets sort of whipsawed by the tweets last night from the president trying to figure out exactly where we are how are investors supposed to take this today . Well, you know, i truly do believe, scott, even after the president s tweet yesterday that sent the markets down almost 500 points in a very short period of time, the last hour and 15 minutes of the day, i still belief theres the possibility we have out there, and i brought this up last time i was on with you guys, the idea i thought we would get one done by the weekend or through the weekend obviously with some of the tweets and so forth, but then the president immediately seemed to have flipped back around and be a part of this whole thing. I do think we will see a stimulus at some point in the not too distant future because of that, i think it gives you a great opportunity on that dip yesterday, and obviously youre seeing a pretty nice rise today. We know what the temperature is of the markets and what people want to hear and