The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
Good morning. Please welcome to the stage politico editor at large peter canellos. [applause] good morning and welcome. Im peter canellos, Political Editor at large. Id like to thank you all for joining todays event, americas biggest voting bloc, nonvoters. Thanks to those watching via live stream. As a 202020 Campaign Ramps up both democrats and republicans are working very hard to rally the base. Theyre also trying to win over swing voters, but i think we all know especially we will see today that by far the largest bloc of voters out there come when hundred million voters voting ages of those who dont go to the polls. I cant say enough that the balance of power in the United States rests in those voters. These nonvoters span every demographic, and the racial demographic, age demographic, education demographic. Today were going to have i hope very enlightening Panel Discussion discussing with Party Leaders themselves how the plan to appeal to this group and get some of these people t
Day. Challengers in elections, oversight and regulation. For those who didnt see me at the top of the day, im alex gibbons and run law policy at the law school and happy to be hosting you today. Many key areas of challenges, somebody was just saying that theyre feeling a little depressed and we need to try to get the energy up on this final panel of the day. Issues from the fragmenttation from political discourse and new pathways for misinformation, Voter Suppression to election security. This panel is going to add another challenge, the significant challenge that we face in election oversight and preparedness. But also, talk about the Solutions Space as well, which is quite simply what do we do . We have another phenomenal lineup to help answer these questions today. Sitting immediately to my left is the honorable ellen weintraub, the chair of the federal Elections Commission are, right, indeed. Well talk about that a little over the course of the panel, too. She has served as commiss
Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I still have some night mares about that. Would not be the only one with scars leftover from that. I think the dow was down 15 at one point in december last year we were having a great year. Markets were up, not up like they are this year. Bottomed on christmas eve, december 24th and saw things take off from there. Its been a very strong year. Will a santa claus rally power the s p 500 and dow to their best year in a generation . Could happen. Were up a lot. What will that take to get there, 5 . Pro
Decline. Biggest drop since 2009. A real freeze that has hit the manufacturing economy. Thats right. The lowest ism reading this is a kind of this 340 versus last month survey sometimes market moves are inscrutable. Yesterday, markets were up clearly just challenged this idea that the u. S. Economy was resilient enough we are constandly talking about increasing recession fears. Suddenly this data point comes along. The consumer, in 2019, are we dependent on manufacturing to the extent we used to be no. Not even close it is a great swing factor it doesnt go down that much but it also accelerates that much. You take a look at treasury yields yesterday as soon as this number hit 0 years at 2. 089 . We were above 1. 7 on the 10year yesterday. That shows you the market is saying, okay, the fed is likely to give another cut in october not a sure thing probability right now. The october adp report will be released at 8 15 eastern. Reportedly added 120,000 private sector jobs last month johnso