Beating after reporting solid earnings, when a to expect what to expect next, and m, and a is ramping up following a pandemicinduced slowdown. Which deals are on the table. On the barrons round table, ben levisohn, carlton english and jack howe. Happy halloween, ben. We just saw the worst week since march cap off the worst month since march. What do you see happening in the markets . Yeah. This week was definitely more trick than treat. [laughter] theres, this was the week where everything just came home to roost. We had the election uncertainty which the market had been able to put aside for a while. It came back bigtime. We have these rising covid cases, and theres something about the fact that it hit a record that really stock spooked the market. And then you can have the end of the stimulus dream, earnings from all kinds of companies that no matter how good they were, they really didnt seem to really help the market at all, stocks at all. And by the end of the week, it was just awf
Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
Prepare to release a scathing report targeting apple, amazon and others well let you know what they are upset about on this thus, octoberthus, october 6. This is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from whenever in the world you may be watching im Brian Sullivan here is how your money and the Global Markets are setting up their day. Stock futures are not doing a whole lot, dow futures off about 63 points. The major averages all coming off a winning session on monday, the dow surging more than 400 points to cap off its best day since mid july but watch the small cap, once again they outperformed, the russell 2,000 up nearly 3 for its best day in months, and dont tell anybody, but small caps on straight for a fourth straight positive session, first time that has happened also since midjuly and there is a lot to focus on outside of the president s health you have 17 fed heads speaking this week. Jay powell will speak today, and then you have 16 oth
Give up by mega cap growth and shift into value, wasnt i that was the strategy being communicated over the last five days i dismissed that last week mega cap growth is where investors should be. You should not be selling your oldin holdings and reinvesting in the lagards. This is where youre going to see the continued Revenue Growth, this is where youre going to see the correlation from work from home, stay at home and this is where moving forward youll find your best retur returns. Kevin oleary, hes right, isnt he every time says big caps are tired, its time to rotate, they come roaring back and theyre doing it this month or doing it right now. Joes right about mega cap but not right about growth in apple. The reason apple is owned by everyone everyone, and i mean everyone, number one, its a play on 5g, no question about that number two, youre making the assumption when you own it, even though youre not being we regarded by r rewarded by Revenue Growth, its going to keep growing but i
His Supreme Court nominee. No more stimulus talks, according to the president. The dow had been up more than 200 points and now you can see, it has swung to the downside, now lower by 267. Weve got the s p down 33. Nasdaq has lost all of its gains and more, down 128 points. But what are we to make on top of all of that . Of a trade deficit that expanded to its widest margin in 14 years, despite President Trumps buy american drum beating, the countrys taste for foreign goods, yes, thats you, remains firmly in place but a slight shrinkage in demand for chinese products. Is team trumps china trade war working or are we seeing squishy numbers in the middle of a Global Pandemic . Trumps biggest china hawk, adviser Peter Navarro, joins us live. And could it be the most intensely watched Vice President ial debate in history, as the vp candidates get set to battle it out on a utah debate stage tonight. Democratic nominee joe biden is just hours away, about one hour away, actually, of his own v