Trump junior and nfl football great, Herschel Walker joining us this morning. Its a big show. You dont want to miss it. Election interference allegation affecting futures this morning. Were expecting a lower opening for the broader averagings this morning. The s p down 11 points right now. A big day for earnings, three dow components reporting this morning, cocacola, dow and at t. Were awaiting American Airlines and southwest, all those numbers as soon as they hit the tape this morning. And bag it up early, more americans are getting Holiday Shopping done now and its making a buzz this morning. Mornings with maria is live right now. Maria european markets look like this as the final phase of brexit talks between the eu and the u. K. Is on today. Markets were mostly lower yesterday, overnight in asia, rather, take a look at asian markets with the worst performer the japanese market, the nikkei average down three quarters of 1 . The International Monetary fund, the imf is predicting that
Our political machinations then sometimes we are, just watch closely and pick up a copy of the Financial Times or the london times, this is frontpage news every day over there, hard to say how the markets are treating this right now there is a school of thought that says the better joe biden does the worst the markets will react, another one that says if donald trump can come through this without overly picking on joe biden, he could do well himself. Again advice is pretty cheap these days. Sometimes debates do little to change the context of the election and sometimes it can reaffirm opinion, we will be watching that monitoring develops in washington with judge barrett, Amy Coney Barrett on capitol hill and she will be meeting with all the key republican senators including Mitch Mcconnell the Senate Leader and we will see senator tom tandsenator ann, here said d be open to meeting with the president Supreme Court choice at a time in a point before the confirmation hearing and they are
New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 this afternoon on this network. Overall, i got a lot of red ink to show you. The dow is looking for a loss of over 300 points, down maybe 40 for the s p and off 131 on the nasdaq. Heres one of the negatives thats hurting the market. Emergency virus relief. It runs out in 24 hours. Congress is divided over how to replace it or extend it. Investors want more stimulus but theyre not sure they are goi
Trading well above 400 a share so as the economy experiences all of these challenges, there is adobe there big tech marches on i continue to o lead the way. Now is the 1. 5 trillion krub now you have amazon, microsoft, and square has just been on a tear it is up another 8 today. It is not clear this would be a covid play that the Digital Payments would be such a run first the small and medium sized businesses that it served would be a laggered. That has also been a very good performer this year. A journal with a big piece just on basically about the price action alone joining us this morning is Angel Investor Jason Calicanis good to see you as always. Good to see you, hope youre safe lets get your temperature on valuation right now. I think were hanging in there valuation all of the things we just talked about for the past 90 seconds, how much of it is a topic of discussion in your circles, and how much of a concern is it in your circles. I think what were seeing is, and i had this dis
Retiring its entire boeing triple 7 fleet has offered employee buyouts says our southwest and American Airlines Credit Suisse analysts surmised that we have moved well past the point of no return with respect to covert 19 and its potential to have an enduring multiyear impact on the commercial Aviation Industry kristie this pandemic reminds us how much we have taken for granted we used to just be able to go to a baseball game or to get on a flight. American airlines and all the others were vying for our business with fare wars can we get back to air travel business as usual. Its definitely going to take some time because if we look back a history the other several times where the airline suffered shocks the one most clearly was 911 and i can an 11 happen it took approximately 3 to 4 years before demand and capacity and people felt safe to travel again so it is going to take some time and then afterwards subsequently you have the sars virus as i mean isolated within asia but even so the