This is ferro at his worst. [laughter] his cruelest. Thering mr. Betts into conversation this early, we say good morning on Bloomberg Radio in boston. The red sox, worst in the american league. And we move on from there. 15 days until the election. Schenker earlier, is there going to be a debate thursday night . Is that still up in the air . Jonathan we understand there will be a debate thursday night, but who knows . Thats the problem for this market. My question coming into this week is basically how much of the mediumterm outlook hinges on what happens in the next two weeks. How many of our Market Participants have come on this program and actually believe that . Tom we have two people could talking melt up. Ben laidler at our hudson and Chris Verrone at tower hudson, and Chris Verrone. He is looking at the number of stocks above their 200 Day Moving Average and other smoke and mirrors to really get him a bullish cast. You wonder if it is the markets expecting out into next year. Jo
Charles it is the Great American comeback. On november 26th, 2018 General Motors announced the closing of its lordstown, ohio, plant. A devastating blow to hardworking americans right before christmas. Politicians promised to step up but there was skepticism. Not anymore. Lordstown motors is showcasing the 2021 endurance electric pickup truck to President Trump at the white house. The company is reporting 40,000 preorders for the new truck so far, it is working towards becoming a publiclytraded company, making this story even greater, the truck produced in that old lordstown plant that gm closed down, something that did not escape the president. President trump the area was devastated when General Motors moved out and then we worked together and we made the deal on the plant but beyond the plant, i mean its incredible what happened to the area. Its booming now. It is absolutely booming and really great. You also have room for expansion in that plant. Oh, yeah. Well come out with multip
Europe is different than america. The 12 number is equivalent to number yesterday in the United States. It is showing tension in europe as well. Friday low on this is it absolutely extraordinary . Francine i feel like we have not had a quiet newsday on a friday in quite some time. E had quite a lot of earnings quite a lot of politics with the latest declarations by President Trump, and there is just quite a lot overall in geopolitics as well, so we will get through that in a second. Thats get to the first word news with ritika gupta. Ritika good morning, francine, tom, Senate Public is want to go on the record saying they tried to restore supplemental jobless benefits to millions of americans. Mitch mcconnell is trying to force a debate on a stopgap measure for those 600 a week checks. Democrats want the jobless but onlyextended, too, as part of a larger relief package. President trump is coming under pressure to Setting National strategy for the coronavirus. The white house has largel
That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joining us for the hour, keith bliss, welcome back, keith. Thank you very much. The question has been asked a lot of times, and yet you still look at these markets and record high territory going up every day despite the coronavirus warnings and fears and cases and you wond frer if theres a disconnect. I dont think theres a disconnect i didnt think there was going to be much to this story its a serious story and could impact the markets the longer it goes on. Now were starting to see the trend is c
I imagine it will take a lot to break 1. 30. Snp is up. Let us take a look at your. The stock flat over all. Dax is down. Carmakers butto we are seeing a little improvement. The german tenyear yield is tocting and bringing it up zero. Lets get to the latest on brexit with Boris Johnson speaking and parliament. He announced his agenda for the u. K. After it separates from the european union. One message i heard from this campaign in every corner of these islands. It is not just that the british people what to get brexit done. They want to move politics on and move the country on. Vonnie joining us from london his opinion editor to resurrect five. Raphael. He can do almost anything he wants. Some other surprising elements to those who watched the reaction within the conservative his decision to suspend parliament was overruled. There will be a review. A Constitutional Review that will take a look at the powers of the court and how that works. That was one thing he announced. Parliament a