Score lately what one new study is saying about the American Household and it may be good news for you on this monday, october 19th. This is Worldwide Exchange. Good morning, good afternoon, good evening, im Brian Sullivan thanks for joining us to kick off your week. Heres how things are looking to start this new week. Futures are solidly higher dow futures up about 135 points. Its a big autumn so far the nasdaq and nasdaq 100 coming off the fourth straight winning week both now up around 4 since the beginning of october small caps, they continue to shine. The russell 2000 up more than 8 on optimism for more stimulus as well as hope for a domestic economy rebound. Check this stat of the day out in the s p 500, 60 stocks are up more than 10 this month the best of the best is tapestry, tpr, the old coach retailer on the more macro front, another huge day for speakers from the federal reserve. Chairman Jerome Powell will make remarks along with three other fed speakers actually five other
Was this . This happens daily across stores, even with all those measures that youve got to see an door, were still impacted at this level local and state Law Enforcement, as well as these National Retailers do you want more Intelligence Sharing so they are all backing a proposed federal bill called the combating organized retail crime act. That would establish an Intelligence Sharing hub. But this federal bill, which does have bipartisan the port is stalled in congress qing law, cnn, los angeles in a store at settlement that could change the landscape of College Sports forever. It is hugely complicated, but the main thing is that athletes are about to get get paid directly by the schools the massive implications and this could be the busiest Travel Weekend in decades, frankly, you probably should have left already but if you havent, what you need to know to have any chance of getting where youre going and then breaking overnight a new Sexual Assault lawsuit has been filed against Sean
That demand is waning in Many Industries just when the fed wants to tighten. Hence while we ultimately drifted lower again today, dow dipping 22 points, nasdaq advancing just 0. 36 . Thank you, apple, for that. But if demand is just fine, thank you, not falling off a cliff, then we can tough this market out together. Not everyone agrees. For example, at the alpha conference yesterday, the vast majority of speakers seemed to write off the prospect of any robust growth in demand either here or worldwide. If you had to boil down the barest thesis, it will go like this. Central bankers are out of bullets. Nothings working. Demands declining. So were headed into the unknown, and lurking in the unknown is a terrible abyss of losses for anyone who owns anything. Stocks, bonds, you name it. While i have a macroworld view, im whats known as a bottoms up guy, a person who looks at demand company by company and makes an aggregate case based on what i can put together. Now, i admit that the demand
Dipping 22 points, nasdaq advancing just 0. 36 . Thank you, apple, for that. But if demand is just fine, thank you, not falling off a cliff, then we can tough this market out together. Not everyone agrees. For example, at the alpha conference yesterday, the vast majority of speakers seemed to write off the prospect of any robust growth in demand either here or worldwide. If you had to boil down the barest thesis, it will go like this. Central bankers are out of bullets. Nothings working. Demands declining. So were headed into the unknown, and lurking in the unknown is a terrible abyss of losses for anyone who owns anything. Stocks, bonds, you name it. Up guy, a person who looks at demand company by company and makes an aggregate case based on what i can put together. Now, i admit that the demand side worldwide is worry some, not dangerous, but worrisome. What we saw in 2007, that was dangerous when Central Banks generated Systemic Risk by tightening into an economic collapse. We dont s