Rotation this hour plus, there is still one over big overhang for stocks and that is covid cases spiking, cities shutting down. Well talk to one of los angeles biggers playest playert retail, dining on power lunch right now. Thank you, tyler. The markets are off to the races with the dow topping 30,000. This time its not big tech leading the way. Dom chu is looking at the rotation pro tellipelling us hi. Lets talk about the gold star right here. 30,117 is the intra day record so far that was the high of the day at the pandemic lows, intra day we were talking about 18,214 weve gone up roughly 65 since the pandemic lows we saw back in march. Something to keep an eye on when we talk about the dow industrials and. Talk about whats happening between growth and value take a look in just the last monthtodate period we have now seen a real outperformance in some of those value stocks just in the month of november. Well see if that trend continues with that orange line picking up steam with the
Hes already met with irans highest authorities the Supreme Leader Ayatollah Ali Khamenei this morning we received word that the meeting has ended that to discuss various issues we are still waiting to get a communique of what was said between them he is now a wrapped up all the Major Business that hes had and he will leave tehran on friday we believe that he really wanted to be a key part in mediating the differences that exist between iran and the United States course the iranians say that they are under economic war imposed by the americans and the trumpet ministration is trying to put extreme pressure to get the iranians to the negotiating table but that is something the iranians say will never happen. So thanks for that dosage bar in rome. Still ahead on aljazeera russian opposition politician Alexei Navalny is among hundreds of protesters arrested during an antique corruption rally in moscow. Hello here to welcome back to your International Weather forecasts were here across europ
Tomy question is a followup one of the other questions. You mentioned two things republicans avoid going in to the next election. You think they will be strong. My question was, what do you strength . He biggest 2014 is off year as an election. I believe as strongly as anyone the importance of having important conservative ideas. They will on their a more unveil a more comprehensive version of their own Health Care Reform that will be better than obamacare. People are working on that and doing good work. ,istory suggests the election it is about that partys tenure on the white house. Do you want to have to help them . Ut, or check senators that will not go along with president obama and given like his approval rating, it looks to me like republicans are in good shape. I think republicans hold the house. Different from 2016. President ial elections are about the future. Nonincumbent president ial elections, particularly about, president obama will have been there for eight years. Or do
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he knew what the u.s. and our european allies would do, likely not kick him out of swift because that would backfire on some european countries like germany and play intoing putin s hand. other thing president biden didn t mention, listen, we re going to ramp up oil production, best way to hurt putin is become europe s greatest oil partner, that conversation never took place. doug: does biden fear russia or aoc and liberal squad on the green new deal more? i m beginning to feel he fears them more. why go from independence to energy dependence and now beg opec for oil. we gained energy independence which gave us strength as nation to move for theed.