Event in our news shapers americas road ahead series, leading up to the election. I am margaret talev, and im coming to you from my home in washington, d. C. Thanks to bank of america for making these possible. And welcome to our audiences on facebook, twitter, youtube, linkedin, and, of course, axios. Com. We hope you will follow along using the axiosevents and axios on twitter. Over the next 30 minutes, i will be unpacking the news of the day, voter turnout, and how National Security will play a key role in the november election. But now, i would like to welcome our first guest. Shes the ceo and president of voto latino. Maria teresa kumar joins us from newark, new jersey. Welcome, maria teresa. Ms. Kumar hello. How are you doing . Margaret i mean, i am tired, because the election is a week and a half away. [laughter] but i am doing great. Thanks for asking. Ms. Kumar but we are not on the road. That is the best part of all of this, right . [laughter] margaret we are not on the road,
Along with kelly evans, im Tyler Mathisen stimulus hopes, the s p reviving overnight. But what about investors are their hopes a little too high this deal is going to get done well discuss that one plus, check out chip maker xilinx upping 14 . Well look into what could be a Seismic Shift for the semis. And jim cramer will lay out his seven sectors of opportunity, including his best picks in the restaurant space as power lunch begins right now. Tyler, thanks. We begin with new developments on stimulus negotiations a short while ago the president tweeted that covid relief negotiations are moving along, go big and reportedly raising his offer and maybe even raising it again ylan nmui, give us the latest. The question is is it big enough they will present a 1. 8 trillion offer to nancy pelosi this afternoon thats still 400 billion less than where democrats are at. Economic adviser larry kudlow said that would include aid for the airlines, direct checks and ppe and mentioned extending hanes
Hey, i am cramer, welcome to mad money, i am trying to make friends, i am trying to save you money. Call me, 1800763cramer that was unsustainable today we learn nearly everyone loses when the president acts and slamming the market. A crushing disappointment. And anyone who lost a job may be on the verge of losing a job you have to wonder what will happen to the 14 million odd people and the family working in the Hospitality Industry lets just say inhospitable. I care about the small and immediate size businesses and workers that are going to be laid off Speaker Pelosi and mnuchin is making a lot of progress and getting a lot of phone calls, getting close to a deal. Speaker pelosi echoes after the president stops negotiations but it was too late. Trump tweeted, he was adamant and hell put a better bill after the election all right, whats really going on here . Thats the rhetoric. We all heard the rhetoric, right . The president is taking a calculated risk, betting the economy stronger t
The pressure on the president of bella ruth despite the threat of violent arrests. Immersed in devastation in sudan grapples with the aftermath of record floods. Increasing to samadhi we beached chiles indigenous mcu cheap people boiled in the land disputes thats getting more dangerous. Hi im sorry fighters and ill have the latest sports asian superstar song humane solace for tottenham and the English Premier League the south korean scores 4 goals the spurs beat southampton to. Begin this news hour with iran threatening the United States with a crushing response to their efforts to reimpose sanctions the u. S. Has triggered a socalled snap back of the sanctions which were lifted in 2015 Iran Nuclear Deal but every other permanent member of the United Nations Security Council rejects the u. S. Sanctions plan irans president Hassan Rouhani is urging the u. S. To respect International Law he also praised world powers for standing up to american pressure on their border. We could see the u
The big rally yesterday. We had the dow dipping 131 points, s and b backsliding 4. 8 , nasdaq edging down 2. 9 this is a good moment to consider where well be in six months because its controlling a lot of action we see in the stock market so the question is will we go back to the old normal once the pandemic is over or will some aspects of the new normal remain some could be permanent. Real engrained habits. Right now wall street is trying to guess which is which. Remember, the market is a forecasting machine with expectations about the future much more than facts about the present. Thats why i say we dont care where stocks have been, we care where they are going so whats the market saying about the post pandemic economy lets start with the obvious one many missed. Peloton. Im getting right to it. Its incredible how many smart people bet against this maker of smart exercise machines. When covid hit Money Managers figured gyms and spin classes were kaput many tried to crash peloton hol