Budget copper mise. This is going budget compromise. Eu budget compromise. That is going to be one of the stories we are focusing on next week. Brexit talks are a difficult place, according to one u. K. Official. We will watch carefully that story over the weekend. We will see what happens monday morning. Aroundare higher, up by 0. 4 . The payrolls seem to have provided a reason to believe that stimulus is coming. It is interesting to see what is happening there. Bonds on the other side of the atlantic to where i am now, we are up to yield highs, march highs. An aggressive move we are seeing stateside. The pound is 1. 3475. Brent crude catching a bid, just sub 50. 49. 08 is where we sit now. Alix lets get to the latest on the coronavirus pandemic. We learned yesterday pfizer scaledback vaccine targets for 2020 because they ran into difficulties getting all the materials it needs. They say they have fixed that problem now. Joining us now is sam fazeli, Bloomberg Intelligence senior phar
Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we
Thank you. Thanks. Yeah, i think its commendable that the Sheriffs Department is looking at alternatives to electronic monitoring and that maybe i think its a system we had for a while now. When i am asking for the data about efficacy an efficiency. I think the data is missing. So i think we have been asking every chief, what is the data on this . There is an awareness that there needs to be data but we dont have it. I want to say that i think this is a real positive step for the sheriff to be looking at sort of an informal contact list of folks. That would be more effective and efficient and what is the efficacy of both sort of strategies . Thank you. I appreciate it. I see no other hands so im going to go to the next person, which is executive officer mike from the superior court. Hi, good to see you again. Hi, good to see you. Good morning chair fewer and supervisors. Thank you first of all for inviting the court to participate in your hearing today. Its always good to share inc e i
Be day of angst and uncertainty, investors biting their nails, but it was met with the risk on attitude and the markets. Aroundn person votes, 100 million americans who cast their ballots ahead today. Hawaii and texas both reporting that early voter turnout has exceeded the total number of ballots cast in the last residential election. President ial last election. We wait to see if congress will be a help or hindrance. We start analyzing trading and the bet for a blue wave. Of big gains in the course theory, which doesnt tell you anything about the electoral outcome, but tells us that the markets are not expecting a massive gridlock or something problematic. If you look at the flows, there things. E interesting st voo, that is an interesting one. , also rallying. That is not dramatic, one week of flows, but that would be consistent with the election marking some sort of rotation point, which is a theme we have been talking about a lot. Romaine an interesting graphic there, joe. I also
Employees. Weve got those details. But first we start with some breaking news. The electoral vote count stands right now at 227 for mr. Biden and 213 for mr. Trump. And we still have eight uncalled races. In wisconsin, which is still too close to call, biden holds a narrow lead of just 20,000 votes. Well within the margin of error there. Well within the drift that lets the president call for a recount. The Campaign Says they will immediately do so, request a recount. Another place biden holds a narrow lead, thats michigan thats where we find Brian Sullivan in grand rapids any update on this very close race reporter yes, and no how do you like that im like an economist on the air. Im going to give it to you both ways heres where we stand right now. Heres the reason i answered that way number one, heres the count 94 of michigan has come in. Its that last 6 that is the issue. Now, youve got joe biden who is up by about 45,000 votes right now. To your point, there are far more outstanding