Away from the alltime record high, there you have it the worlds most valuable company, apple the stock is up again, the worlds most innovative dynamic seller, amazon the stock is up again. The market, that is digested a lot of Bank Earnings already, goldman did very well in the dow is looking at 80point gain and look at the nasdaq up about 26, 27point again, i see a lot of green this wednesday morning. Heres the headline dueling townhouse tomorrow night instead of a second debate, mr. Trump working with nbc, joe biden working with abc, obvious question why not reinstate the debate, the Electoral Commission really blew it by insisting on virtual. Did you see Speaker Pelosi getting rattled on cnn, in primetime will blitzer asked her what was wrong with the president 1. 8 trillion stimulus plan, why not pick up the phone, call the president and make a deal. She became very flustered and accused blitzer and his colleagues of being an apologist for republicans. Have you ever watched online
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We
Results so i think would like to see a kind of we dont have a clue it would be a quite some time the kind of been. Much much worse this. d position so i think were going to see after the elections. We have a christie i believe us cohost with us as well whos just joining us now i want to propose that same question to you where do you see markets going in this next month and what or what effect will these Upcoming Elections on Global Markets and markets here in the United States. Well i think that 2020 has been a year that has been just marked by surprises and the unexpected so right now the real fear isnt about placing bets on whether or not or the real fear is that the results of the election wont be identified but on november 33rd and even if a winter is identified the transition they dont think its going to be a smooth one so there is the possibility that the election will get disrupted and could potentially even lead to violence so to that end a lot of investors right now they are f
This is the one business show you cant afford to miss in washington coming up. Relief talks in the United States have stalled once again while Global Markets surge ahead of a busy earning week or to break it all down plus the o. E. C. D. Says just proposed digital tax could cause a yearly decline in global g. D. P. Well dig into the details and a later just so much our thanks and against Chinese Telecom giant huawei affecting the companys ability to do business worldwide were going to bring you expert analysis we have a packed show today right in. And we lead the program with the latest in the ongoing stimulus talks here in the United States after the white house increased its stimulus offer to over 1. 00 trillion dollars on friday the package received. Heavy criticism from republicans and democrats casting doubt that Economic Relief would be coming to americans any time soon now the white house offer includes expanded Unemployment Insurance of 400. 00 per week stimulus stimulus checks