That michigan will go to biden that brings bidens electoral votes to 253 but there are still six uncalled races too close to call. Pennsylvania, georgia, North Carolina, arizona. Joe biden issued a speech. Diana . He issued a speech last night about being patient. But now he is on the offensive he said respect and he talked about achievements, talking about garnering more votes than any other president in history then he used his fighting people we the people will not be silenced we the people will not be bullied. We the people will not surrender. My friends, i am confident we will emerge victorious part of that was the launch of a new campaign that bide enl tweeted he was starting a fight fund because donald trump doesnt get to decide the outcome of the election, the American People do it made the point. And then he left presumably to start the fight. Thank you, diana. As the Trump Campaign launches a Legal Campaign they have indicated they will fight this let me run you through exact
Alphabet seeing outsized gains and treasury yields are under pressure giving back some of their recent pop, thats weighing on the financials the Kbw Bank Index is down around 3 with 59 minutes left in the session, banks one of the few decliners, sara, broader markets ripping up. We have a great lineup of guests over the next two hours to help make sense of the election, the market and your money. In just a few moments Guggenheims Scott Minerd will join us with his take on the rally and later we will hear from long time pharma exec fred hassan about the impact of the election on health care, those stocks zooming higher, plus kyle bass with a take on what all this means with the u. S. Relationship with china and bob diamond will weigh in on the banks. Lets get straight to the market rally that is happening. Mike santoli tracking all the action. You see a move like this, its very sudden, very dramatic in response to a widely watched known catalyst and you have two things, one is whats the
We are just 43 days away from the most wonderful time of year. We found out today that the rally will continue into next year setting a year end target of 4300. The question tonight, is santa claus really coming to town or will the grinch steal christmas, guy . With you folks with kids in the room, i will give you a fut secon few seconds to have them lead. I am in the grinch box that was a great tune that bobby helms sang all of the great things, the market is still expensive. In terms of market cap gdp north of 175 which is by any metric the far end of the curve i dont see it getting there i have been wrong before and probably will began. But the vix cant correct all of the things going into january of next year. I am in the grinch camp but bore l Boris Karloff did a good job. Technology finished the day strong we saw a comeback of the trade that looked like it was unwinding. Yeah, may the winter war lock, the heat miser, snow miser, hear it, santa is coming. Its opposite day today re
A new document released from the trumpet ministration is drawing criticism from china the white house publishing a National Strategy for critical and emerging technologies the plan claims to be a path for the u. S. To protect what it calls its Technology Advantage including Artificial Intelligence to quantum information from other countries in the document the white house says china is not only dedicating large amounts of resources in its pursuit to become the Global Leader in science and technology it is also targeting sources every United States and allied strength in 2017 china released a plan amy to be the world leader in ai by 2030 hoping to catch up to the u. S. By this year and now sweden and other u. S. Allies are backing away from by walk by products u. S. Has alleged the company poses security risks potentially being a tool in which beijing uses for spying but sweden is also home to ericsson one of wall weighs largest rivals Chinas Ministry of foreign. An affair spokesperson
Numbers in the history of our country Hispanic Women asian people with diplomas with no diplomas mit graduates number one in the class everybody had the best numbers and you know what the other side wanted to get together they wanted to unify success is going to bring us together we run the road to success but im cutting taxes and he wants to raise everybodys taxes and he wants to put new regulations are never think he will kill it if he gets in you will have a depression the likes of which youve never seen. We can grow this economy we can deal with the systemic racism and the same time we can make sure that our economy is being run and moved and motivated by clean energy creating millions of new jobs and thats the fact thats what were going to do and im going to say as i said to begin what is on the ballot here is the character of this country decency honor respect treating people with dignity making sure that everyone has an even chance and im going to make sure you get that governme