It to such a pleasure to speak about your book try washington and we the people. Im going to get into the idea of revolution, you say in the book america has been through divisive. Before some followers that we are living through today, with the hindsight of history, we can see them as inflection points, the transitional period between old system that is broken down in anyone with information, are we at an inflection point, absolutely, we are right in the middle of it, to the best example, in 2016 the republican primary, it was a real civil war and the Republican Party that the establishment of republicans represented by jeb bush and others did not get the nomination, did not get the support of the other people, those revolutionary donald trump, the democrats are going to the same thing right now, theyre having a civil war in their party, is it going to be the traditional democrats, is it going to be some outsider, socialist, i think that is indicative and the fact that it just doesnt
A day later by saying. The question is very much open where as everyone else is saying this was just corruption something that i know that youve been fighting for many years in lebanon its nothing to do it cannot be a an attack by some at verse 30 options are open for the investigators what is certain the basis is an absolute case of corrupt. Criminal neglect negligence is what has been the basis for anything that. It is unacceptable an unbelievable that so much so many tons of dangerous material could be stored for more than 6 years in the port of beirut without it being managed in one way or another now that is a crime on and by itself and lebanon now that is i think in the the immediate process somebody dead we need to care for our wounded and search for our disappeared but i think that the next step is looking for the people responsible for this mess but whether or not this explosion was caused by an accidental fire or by criminal fire or 11. 00 or another source makes us go into t
Take a look at where we are trading about four hours of ahead of these earnings. Nasdaq going positive ahead of that print lots going on today. You have the trump tweet casting doubt about holding the election theres your market pricture lets kick it around nasdaq turns positive. Kramer thinking the stocks are set up for fall after the bell because they have run so much and yet you buy the cues into the print. Tell me why. Well, i bought the qs when the market was down because the market was down today based upon statements that came out from meadows saying they we are made far apart on a deal. Yet, you have some great earnings come out from the Tech Companies and qualcomm corevo. U. P. S. Also talking on the consumer side. I thought that the market was over sold. I bought the qs. I already sold out half of the trading position ill hold onto those a little longer ive got positions in every company reporting tonight. My exposure to nasdaq is long enough what jim points out its is path o
The university of texas on the pandemic. Of then Michael Morris guggenheim securities. You can only go back in florida. Taking a more circumspect view of whether or not these parts should open. Earnings next week are going to be a big theme as well. A lot of the big tech names are going to be in focus. Lets talk about what is happening broadly in these markets. You mentioned the curve steepeners. The curve is flattening. There is pain in that trade. The u. S. 10year yield has come down. A tight rangein over the last month. S year, we saw the 10 year the range as than 60 basis points to 75 basis points. Equity markets have faded. Im struggling to see where the catalyst is coming from, which catalyst to focus on. How markets are going to progress from here. Lets get help with that question. Yields, theg bond curve flattening out. Equity markets are going nowhere in a hurry. We have a. We have virus. We have elections. Where are you focusing your attention . Thank you for having me. When
A lot to get to and discuss, everybody. Right now, though, a quick check on the markets because theyre higher across the board. The bottom right of the screen and come off the highs, the dow above 27,000 for the First Time Since june 10th on an intraday basis. S p 500 less than 5 from its alltime highs up nearly 50 from the march lows. 28 members of that index hitting a new 52week or alltime high and a cramer favorite stock, mccormick. The nasdaq is negative again there is a lot to discuss. Joe, we are off the highs. You can address that but also this the vaccines plural getting all the attention as they should. It only concerns, you know, all of humanity. But did Goldman Sachs numbers have anything to do with the earlier market strength . I think most of the early gains that we witnessed this morning you can credit to the vaccine optimism i do think, brian, that the Strong Performance from financials in the last couple of days, whether it be jpmorgan or a Goldman Sachs this morning, t