Still have a crack at taking the senate, but with biden inching to the white house, what policymaking is the market baking in . Biden hasy rains, but taken many by surprise. Joe the real winner this week, not biden, not trump, the good old 6040 portfolio. Everybody had left it for dad not long ago. Theof the best weeks for 6040 portfolio in a long time. End of election volatility. We are not likely to get a big stimulus. The diversified investor wins again. Romaine another big winner on the week was anyone shorting volatility. Most volatility measures started to pick up. The idea that we were going to get a contested election, at least today it looks like we may get a result here. That seems to have settled the market a little bit here. Some clarity as to what congress will look like. Your main measures of market volatility, and bond market volatility, all moving forward. Keyline diversification is and Asset Classes for the year that have beaten all of them, crypto. Who would have thou
Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it
Some places are reporting record single day increases lets kick things off with meg terre terrell. Were seeing a couple days worth of data with record cases. If you look at the United States in total, now the sevenday average of new cases is starting to tick higher again meaning trends to the south and west of increasing cases are starting to overcome the positive trends coming down in the northeast as of yesterday, 27,000 new cases were reported across the United States United States. If you look at individual case, weve been getting the new case counts for today for states like arizona now up to an additional 3200 cases today california reporting 4300 additional cases today but that could be due to Testing Backlog from l. A. County we saw in the numbers yesterday. Florida also reporting record high cases today 3800 South Carolina another one of those states reporting record highs. Now in terms of the hot spots in the country, the areas with the fastest case doubling times, it is clos
Company holiday to the calendar. And he are everyone tz artz o raise serious cash thats all here on Worldwide Exchange on cnbc. Good morning, good afternoon, good evening. Welcome to wherever in the world you may be watching. Here is how the money, your markets are setting up their day. Stock futures indicating the dow is likely to rise at the open. It is early. We are in the green. We are 116 pointsto the future side as well snapping the threeday streak. It did during the second day o temperature. With that pull back, blue chips need about 1,862 to complete that selloff look at the wild swing after a relatively calm one. Watching the credit and bond markets as well. 10year at 0. 73 look at oil. New data that shows Venezuela Oil output has collapsed to 570,000 barrels per day. That is down from more than three plus Million Barrels a day. That is a 76year low in oil output for the most oil rich country in the world a true collapse of venezuela there. Wti crude is up to 38. 32 around the
Challenges theyre facing in q2 from a production standpoint we think it might there may be a few things at work here. The pain from having production shutdown is clearly, you know, probably more than an annoyance. I think people signing up to the tesla dream longer term dont doubt tesla has the liquidity to ride it out and could access more without a problem but i think elon, part of his part of his style has been kind of lets play to win, a play to win strategy, a play to dominant with, how can i say it, wanton disregard for traditional business communication norms and while that will ruffle some feathers along the way, many investors absolutely adore that and see that as a strength so investors, in a way, the starting up earlier and mitigating the cash burn with the potential liability that all auto makers face by maybe starting too early and contributing to some persontoperson contagion so it sounds like i mean, absolutely i think everybody agrees with you that his ability to play t